Aruna Hotels Limited Right Issue

₹24.90 Cr BSE

BSE
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Issue Price
₹10.00
Face Value
₹10.00
Issue Size (Shares)
24,900,000
Issue Size (₹ Cr.)
₹24.90
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateWed, Jun 23, 2021
Credit of Rights EntitlementsFri, Sep 24, 2021
Bid/Offer Opens OnWed, Sep 29, 2021
Issue Open DateWed, Sep 29, 2021
Renunciation Last DateFri, Oct 8, 2021
Bid/Offer Closes OnWed, Oct 13, 2021
Issue Close Date
Deemed Date of AllotmentThu, Oct 21, 2021
Credit DateFri, Oct 22, 2021
Listing DateTue, Oct 26, 2021
📋 Right Issue Details
Issue Size (Shares)24,900,000
Issue Size (Amount)₹24.90 Cr.
Issue Price₹10.00 per share
Face Value₹10.00 per share
Entitlement Ratio
Listing AtBSE
Terms of PaymentThe full amount of the Issue Price being ₹ 10/- will be payable on application.
📊 Company Financials (Restated)
Period Ended2021-03-312020-03-312019-03-31
Income3.271.048.00
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Part repayment or prepayment of unsecured loans availed by the Company from the Promoter Group; and
2General corporate purposes.
🏢 About the Company
Based out of Chennai, Aruna Hotel is a luxurious hotel. The hotel consists of a restaurant, swimming pool, banquet halls, gymnasium, and business centre. The hotel has two towers, which stand next to each other. There are 91 rooms in the hotel. The hotel has modern facilities like an electronic safe, LCD TV, Mini Bar, storage for beverages & packaged snacks. Guests can choose from Superior and Deluxe Rooms. The hotel provides facilities to conduct informal functions like weddings, receptions, birthday parties, and other social functions in the hall.

The company has also executed a lease deed and a license agreement with M/s. Culinary Ocean Hospitality LLP, wherein they have leased a part of their property in Chennai and granted a license to run "Hard Rock Café" including Rock Shop in the said property.
📞 Company Contact
CompanyAruna Hotels Limited
AddressAruna Centre, 145,
Sterling Road, Nungambakkam,
Chennai – 600 034, Tamil Nadu, India
Chennai, Tamil Nadu, 600034
Phone+91 44 2530 3404
Emailcs@ahlchennai.com
WebsiteVisit ↗
📝 Registrar
NameCameo Corporate Services Ltd
Phone044-28460390
Emailcameo@cameoindia.com
WebsiteVisit ↗