IPO Details

Dream Gateway Hotels Ltd
Registered Office: 44/2A Hazra Road, ,Kolkata-700019, West Bengal
Tel. No: 91-033-40319999
Fax No:
Email: info@dreamgatewayhotels.com
Website: www.dreamgatewayhotels.com
Public Issue of 33,90,400 equity shares of face value of Rs. 10 each ("equity shares") of Dream Gateway Hotels Limited (the "company" or the "issuer") for cash at a price of Rs. 90 per equity share, including a share premium of Rs. 80 per equity share (the "issue price"), aggregating to Rs. 30.51 Crores ("the issue"),of which 1,69,600 equity shares of face value of Rs. 10 each for cash at a price of Rs. 90 per equity share, aggregating Rs. 1.52 Crores will be reserved for subscriptions by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e., issue of 32,20,800 equity shares of face value of Rs. 10 each for cash at a price of Rs. 90 per equity share, aggregating to Rs. 28.99 Crores is here in after referred to as the "net issue". The issue and the net issue will constitute 29.50 % and 28.02% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the offer price is Rs. 90 and is 9 times of the face value of the equity shares .
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 ₹90.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
(₹ Cr) Lead Managers to the Issue
Project Cost 30.51 Finshore Management Services Ltd
Project Financed through Current Offer 30.51
Post Issue Equity Share Capital 11.49
Issue Price 90.00
Projects
Expansion of Holiday Inn Hotel - Construction of Banquet
Repayment of Term Loan from Yes Bank
General Corporate Purposes
Promoted By
Prem Lal Jain
Rishi Jain
Shrayans Jain
Listing At
BSE - SME
Registrar To The Issue
Karvy Computershare Pvt Ltd