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Right Issue Status: Closed [29th Sep 2021 to 13th Oct 2021]

Aruna Hotels Right Issue

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Aruna Hotels Right Issue Review

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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 Right Issue Objective

  • To make part repayment or prepayment of unsecured loans availed by the company, or
  • To meet general corporate purposes.

Aruna Hotels Right Issue Details

Aruna Hotels Right Issue details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.

Aruna Hotels Right Issue Details
Aruna Hotels Issue Details Values
Category RightIssue
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
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.
Listing At BSE
BSE Code 500016
NSE Code

Aruna Hotels Financials

Past performance and financial results of Aruna Hotels.

Aruna Hotels financial
Aruna Hotels Financials (₹ in Lakh) 31-Mar-2021 31-Mar-2020 31-Mar-2019
Total Assets ₹6,662.23 ₹5,386.04 ₹3,819.18
Total Income ₹32.77 ₹10.48 ₹82.60
Net Profit/Loss ₹(1,007.96) ₹(788.57) ₹(979.31)

Aruna Hotels Right Issue Strengths

  • Strategically located Hotel with 15 km away from the hotel and 7 km away from the railway station.
  • Strong Brand image and best quality services.
  • Strong focus on maximizing operational performance and competitiveness of hotel property.

Aruna Hotels Right Issue Threats/Weaknesses

  • Impact of ongoing COVID-19 on business operations, financials, and cash flows.
  • Time overrun in commencing hotel operations and financial performance.
  • Incurred losses and negative net worth in history.
  • Demand is subject to seasonal and cyclical variations which can significantly affect operational performance.
  • Business operations are entirely dependent on hotel premises, therefore, adverse development in the region can adversely affect the business.

Aruna Hotels Right Issue Important Dates

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.

Aruna Hotels Right Issue important dates
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

Aruna Hotels Right Issue Offer Document (Letter of Offer) >>Document

Aruna Hotels Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

Company Address

Aruna Hotels Limited
Aruna Centre, 145, Sterling Road, Nungambakkam
Chennai,Tamil Nadu-600 034
India
Website: http://www.arunahotels.com/
Phone: +91 44 2530 3404
Email: [email protected]

Registrar

Cameo Corporate Services Limited
Cameo Corporate Services Ltd.,
Subramanian Building # 1, Club House Road,
Chennai 600 002 - India
Website: https://online.cameoindia.com/
Phone: +91-44-28460390
Email: [email protected]

Lead Manager

  1. Saffron Capital Advisors Private Limited
Aruna Hotels Right Issue Important dates - Issue Open Date, close Date, Right Issue Listing Date. Right Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Right Issue Listing date. What is the issue open date and close date for Aruna Hotels? Should I apply in Aruna Hotels Right Issue?

Last Updated on 2021-10-18T09:52:52+00:00


User Reviews

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5. raj 9/27/2021 2:13:50 AM Reply
Aruna Hotels RightIssue expected listing gain.
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4. Jitendra Gupta 9/27/2021 2:13:50 AM Reply
Please confirm Aruna Hotels RightIssue GMP (grey market premium) and kostak.
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3. Chander anegi 9/27/2021 2:13:50 AM Reply
Aruna Hotels RightIssue good or bad.
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2. nandkishore kale  9/27/2021 2:13:50 AM Reply
Aruna Hotels RightIssue whether to invest or not.
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1. Rohit kumawat 9/27/2021 2:13:50 AM Reply
Aruna Hotels RightIssue - CRISIL Rating, Apply or not?.
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