Kamat Hotels raises Rs 297.50 crore through NCDs

Kamat Hotels (India) Ltd. | Hotel, Resort & Restaurants | Travel & Hospitality | BSE: 526668 | NSE: KAMATHOTEL

25 Jan 2023 Evaluate

Kamat Hotels (India) has raised Rs 297.50 crore through the allotment of 29,750 Non-convertible debentures (NCD) having face value of Rs 1 lakh each, to Ncube Ventures LLP, SBI Funds Management, Purple Clover Tree LLP and SBI FM Special Situation Fund I. The Debenture allotted by the company to the aforementioned investors shall be listed on the Stock Exchanges. The committee at its meeting held on January 25, 2023 has approved the allotment of the same.

The company is engaged in the hospitality business and is having Hotel, Resort & Restaurants.

Peers

Company Name	CMP
The Indian Hotels Co	732.25
ITC Hotels	158.85
Mahindra Holi.&Resor	198.85
EIH	318.00
Chalet Hotels	867.45
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.