
Roopshri Resorts Limited
IPO Details
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Lot Distribution
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Company Fin.
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Roopshri Resorts Limited's achieved publicly listed status following its IPO debut on Apr 01, 2019 at the BSE platform. The offering successfully mobilized 18,00,000 Shares, with TBD allocated to corporate growth initiatives.
Investment participation occurred within the established price band of ₹20 to ₹20, starting from minimum lots of 6000 shares. The subscription window from Mar 19, 2019 through Mar 22, 2019 enabled investor participation across market segments.
Share allocation was completed on Mar 28, 2019, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Roopshri Resorts Limited, established in 1990 and based in Mumbai, operates Hotel Alexander at Matheran, a popular hill station near Mumbai, offering a peaceful, nature-friendly and heritage-style stay experience; the hotel is operated under a lease and license arrangement backed by a one-time refundable deposit with no recurring rent, and is one of the oldest properties in Matheran, spread across about 3.75 acres with 13 private cottage rooms and 12 executive rooms, though only a few are currently operational, providing lodging services only, while the company plans to use IPO funds mainly for renovation of the hotel and to repay existing debt, aiming to become nearly debt-free and explore similar hospitality opportunities in other locations.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Hotel is located at the scenic Matheran hill station
- Spacious property with plenty of room
- Run by experienced owners
NA
- Mrs. Roopa Shah
Roopshri Resorts Limited
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