Eco Hotels And Resorts Ltd Right Issue

₹19.57 Cr BSE 8 Sep 2025 – 22 Sep 2025

Closed Ratio: 1 : 4 BSE
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Issue Price
₹15.20
Face Value
₹10.00
Issue Size (Shares)
12,876,808
Issue Size (₹ Cr.)
₹19.57
📅 Right Issue Timetable
Last Date to Buy SharesThu, Aug 28, 2025
Record DateFri, Aug 29, 2025
Credit of Rights EntitlementsSun, Sep 7, 2025
Bid/Offer Opens OnMon, Sep 8, 2025
Issue Open DateMon, Sep 8, 2025
Renunciation Last DateThu, Sep 11, 2025
Bid/Offer Closes OnMon, Sep 22, 2025
Issue Close DateMon, Sep 22, 2025
Deemed Date of AllotmentTue, Sep 23, 2025
Credit DateFri, Sep 26, 2025
Listing DateTue, Sep 30, 2025
📋 Right Issue Details
Issue Size (Shares)12,876,808
Issue Size (Amount)₹19.57 Cr.
Issue Price₹15.20 per share
Face Value₹10.00 per share
Entitlement Ratio1 : 4
Listing AtBSE
Terms of PaymentIssue Price of Rs. 15.20 per Rights Equity Share is payable as Rs. 3.80 per Share on Application and Rs. 11.40 per Share in one or more calls as may be determined by the Board/Committee.
📊 Company Financials (Restated)
Period Ended2024-03-312023-03-312022-03-31
Income0.010.010.20
EBITDA
Net Worth
Reserves & Surplus-9.51-5.50-3.61

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
2Repayment, in full or part, of certain borrowings availed by the company.
3For investment towards unidentified properties for Construction/Renovation of Hotel properties, paying security deposits and general corporate purpose.
4To meet the expenses of the Issue.
🏢 About the Company
Eco Hotels and Resorts Ltd is the owner, developer, and asset manager of The Eco® (a premium 3-star brand) and Ecolodge® (a value 2-star brand). The company’s directors believe it is the world’s first carbon-neutral hotel brand of its kind.

The main goal of Eco Hotels is to become a leading player in the value and economy hotel segment, creating sustainable hospitality solutions without compromising on quality or guest experience. Its focus is on BRICS and N11 economies, with India as the first target market due to its strong growth potential.

The company has already launched its prototype Ecolodge in Kochi, Kerala, and plans to expand rapidly. Over the next 10 years, Eco Hotels aims to develop more than 21,000 rooms by:

Leasing existing hotel properties
Acquiring and upgrading hotel companies/brands
Refurbishing hotels to meet carbon-neutral standards
Partnering with third-party owners using off-site modular construction technology
Eco Hotels was incubated by Red Ribbon Asset Management Plc, a UK-based Mainstream Impact Investment firm, which focuses on growth and emerging markets, especially India.
📞 Company Contact
CompanyEco Hotels And Resorts Ltd
Address67/6446, Basin Road,
Ernakulam High Court,
Ernakulam, 682031
Phone91224455054
Emailinvestor.relations@ecohotels.in
WebsiteVisit ↗
📝 Registrar
NameBigshare Services Pvt.Ltd
Phone8657578989/8069219065/8069219060
Emailinvestor@bigshareonline.com
WebsiteVisit ↗