EIH Limited Right Issue

₹349.67 Cr BSE 29 Sep 2020 – 13 Oct 2020

Closed Ratio: 8 : 85 BSE
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Issue Price
₹65.00
Face Value
₹2.00
Issue Size (Shares)
53,794,768
Issue Size (₹ Cr.)
₹349.67
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateWed, Sep 23, 2020
Credit of Rights Entitlements
Bid/Offer Opens OnTue, Sep 29, 2020
Issue Open DateTue, Sep 29, 2020
Renunciation Last Date
Bid/Offer Closes OnTue, Oct 13, 2020
Issue Close DateTue, Oct 13, 2020
Deemed Date of AllotmentThu, Oct 22, 2020
Credit DateFri, Oct 23, 2020
Listing DateTue, Oct 27, 2020
📋 Right Issue Details
Issue Size (Shares)53,794,768
Issue Size (Amount)₹349.67 Cr.
Issue Price₹65.00 per share
Face Value₹2.00 per share
Entitlement Ratio8 : 85
Listing AtBSE
Terms of Payment₹65 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended2020-03-312019-03-31FY I
Income15,962.5318,108.20
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Repayment/ prepayment in full or in part, of borrowings availed by the Company;
2General corporate purposes.
🏢 About the Company
Incorporated in May 1949 as 'The East India Hotels Limited' as a public limited company, the company got its name changed to EIH Limited (EIH) in November 1996. EIH is the flagship company of the Oberoi group and is one of the largest and most reputed names in the hospitality industry in India. The company operates its five-star hotels under the brand of 'Oberoi and Trident' and has its presence in major tourist destinations in India as well as globally in Bali, Dubai, Mauritius, Indonesia, and Egypt. EIH has its hotels in India in Mumbai, Delhi, Bengaluru, Kolkata, Udaipur, Ranthambore, Agra, Jaipur, Shimla, Himalayas, Cochin, and Bhubaneshwar. Apart from the primary hotel business, EIH is also engaged in providing flight and airport services, car rentals, air charter services, and a printing press. EIH has 10 Subsidiaries, three Associates, and two Joint Ventures. The company does not have a holding company. EIH also owns a luxury cruiser motor vessel in Cochin and Maidens Hotel in Delhi. EIH has a 12 member board team with a vast amount of experience in the hospitality industry. EIH has consecutively won many awards as Best Hotel group, World's Leading Luxury Hotel brand received by the Oberoi group of hotels for their services.
📞 Company Contact
CompanyEIH Limited
Address4 Mangoe Lane,
Kolkata 700 001,
Phone+91 33 4000 2200
Emailisdho@oberiogroup.com
WebsiteVisit ↗
📝 Registrar
NameKfin Technologies Ltd.
Phone04067162222
Emaileihltd.rights@kfintech.com
WebsiteVisit ↗