Right Issue Status: Closed [29th Sep 2021 to 13th Oct 2021]
Aruna Hotels right issue of Rs. 2,490 Lakh opens for subscription from 29 Sep to 13 October 2021. The company issues 83 right equity shares for every 30 fully paid-up equity shares held as of the record date, 23 July 2021. The right issue price is Rs. 10 per share and the full amount is payable on the application. Check out more about Aruna Hotels Right Issue including its business overview, financial performance, issue size, entitlement, tentative timeline, and more.
|Aruna Hotels Issue Details||Values|
|Right Issue Issue Size (Shares)||2,49,00,000 Eq Shares|
|Right Issue Issue Size (Amount)||₹2,490 Lakh|
|Face Value||₹10 Per Equity Share|
|Right Issue - Issue Price||₹10 per share|
|Right Issue Record Date||23rd Jul 2021|
|Right Issue Entitlement||83 right share for every 30 fully paid-up equity Shares held on the Record Date|
|Right Issue Terms of payment||The full amount of ₹ 10 is payable on Application.|
In this section we have covered all important dates related to Aruna Hotels Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.
|Right Issue Activity||Date|
|Right Issue Issue Open Date||29th Sep 2021|
|Right Issue Issue Close Date||13th Oct 2021|
|Basis of Allotment Finalisation Date*||21st Oct 2021|
|Refunds Initiation*||22nd Oct 2021|
|Credit of Shares to Demat Account*||22nd Oct 2021|
|Right Issue Listing Date*||26th Oct 2021|
* - Tentative Dates
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Aruna Hotels Limited is engaged in the business of developing, owning, acquiring, renovating, operating, managing and promoting hotels and restaurants. It presently owns a hotel in the brand name of "Aruna Hotels" in Chennai.
In fiscal 2014-15, it has stopped hotel operations and started hotel renovation, construction of multi-level car parking, and setting up a transformer and the renovation is expected to complete in fiscal 2021-22. Post project completion, the hotel will have 80 well-designed rooms equipped with modern facilities or amenities. The company has been further granted a license to run "Hard Rock Cafe" including Rock Shop in the hotel.
Past performance and financial results of Aruna Hotels.
|Aruna Hotels Financials (₹ in Lakh)||31-Mar-2021||31-Mar-2020||31-Mar-2019|
Aruna Hotels Right Issue Offer Document (Letter of Offer) >>Document
Aruna Hotels Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Last Updated on 2021-10-18T09:52:52+00:00
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