Mahindra Holidays & Resorts India has fixed the price band for its Institutional Placement Programme of equity shares which would open for subscription on April 09, 2013. The price band for this purpose has been fixed at Rs 255 to Rs 265. The company has appointed Kotak Mahindra Capital Company, ICICI Securities and Religare Capital Markets as the book running lead managers and Kotak Securities as syndicate member to the issue.
Mahindra Holidays and Resorts, is a leader vacation ownership space in India, with a keen focus on quality family holiday. Club Mahindra is company’s flagship brand and the other brand offering are Zest Breaks, Club Mahindra Fundays, Mahindra Homestays and Mahindra travel.
| Company Name | CMP |
|---|---|
| Indian Hotel | 709.25 |
| ITC Hotels | 160.95 |
| EIH | 316.90 |
| Chalet Hotels | 775.50 |
| Mahindra Holi.&Resor | 233.00 |
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