Right Issue Status: Closed [29th Sep 2020 to 13th Oct 2020]
Incorporated in the year 1949 under the umbrella of Oberoi Group, EIH Ltd operates hotels and cruises in five countries under the luxury 'Oberoi' and five-star 'Trident' brands. The company is also providing the services of flight catering, airport restaurants, travel and tour services, car rentals, project management, and corporate air charters.
In 2010, EIH International Ltd a wholly-owned subsidiary of the group completed the acquisition of the 45.85% equity interest of Amex Investment Ltd in their international hotels Joint Venture Company EIH Holdings Ltd for USD 45 million. EIH Ltd has acclaimed internationally for all-round excellence and unparalleled levels of service and has received innumerable awards and accolades for the same.
EIH Ltd Right Issue details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.
|EIH Ltd Issue Details||Values|
|Right Issue Issue Size(Shares)||53,794,768 Eq Shares|
|Right Issue Issue Size(Amount)||₹350 Cr|
|Face Value||₹2 Per Equity Share|
|Right Issue Issue Price||₹65|
|Right Issue Record Date||28th Sep 2020|
|Right Issue Entitlement||8 Rights Equity Share for every 85 Equity Shares held on the Record Date|
|Right Issue Terms of payment||The full amount of ₹65 per Rights Equity Share is payable on Application.|
|Listing At||BSE, NSE|
EIH Ltd’s revenue has fallen by 11.86% to Rs 1434.31 Cr for the FY2019-20 from the past years’ revenue of 1627.26 Cr FY2018-19 and revenue for FY2017-18 was Rs 1433.66 Cr. This decline takes place as the company has suspended its operations due to lockdown during the pandemic and the whole tourism industry has a big setback.
EBIT for FY2019-20 is Rs 175.22 Cr as against Rs 283.13 Cr in FY2018-19, which shows the decline of 31.11%. EIH Ltd has posted a higher PAT (Net Profit) of Rs 124.47 Cr (Rs 113.33 Crore in FY2018-19).
|Title||FY 2020||FY 2019|
|Net profit margin||10.35||7.54|
|Interest coverage ratio (times)||4.00||6.78||EBIT||125.71||236.77|
|Reserves and surplus||2804.92||2740.78|
|Long term borrowings||183.21||209.86|
|Short term borrowings||186.53||224.66|
|Debt to equity||0.13||0.15|
In this section we have covered all important dates related to EIH Ltd 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 2020|
|Right Issue Issue Close Date||13th Oct 2020|
|Basis of Allotment Finalisation Date*||21st Oct 2020|
|Refunds Initiation*||22nd Oct 2020|
|Credit of Shares to Demat Account*||23rd Oct 2020|
|Right Issue Listing Date*||27th Oct 2020|
* - Tentative Dates
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EIH Ltd Right Issue Offer Document (Letter of Offer) >>Document
EIH Ltd Right Issue Online Application (Registrar & Transfer Agent) >>Online Application
Last Updated on 2020-09-24T06:32:36+00:00