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EIH Ltd Right Issue Review-2020

Right Issue Status: Closed [29th Sep 2020 to 13th Oct 2020]

Rated 4/5 by Team InvestorGain

EIH Ltd Right Issue Detail

EIH Ltd Right Issue Objective

  • Repayment/ prepayment in full or in part, of borrowings availed by the company of Rs 28000 Cr
  • To use rest of the amount for other corporate purposes.

EIH Ltd Right Issue Details

EIH Ltd Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 53,794,768
Right Issue Issue Size (Amount) ₹350 Cr
Face Value ₹2 Per Equity Share
Right Issue - Issue Price ₹65 per share
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
BSE Code 500840
NSE Code EIHOTEL

EIH Ltd Right Issue Dates

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.

EIH Ltd Right Issue important dates
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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About Company - EIH Ltd

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.

Key details to EIH Ltd Right Issue 2020

  • Issue Price- 65 per equity share (including a premium of Rs 63 per share, FV of Rs 2 each)
  • Rights ratio- 8:85; 8 fully paid-up right issue share for every 85 equity shares held by eligible shareholders as on record date of Sept 23, 2020
  • Total no. of right shares proposed- 53,794,768 equity shares of face value Rs 2 each @ Rs 65 amounting to Rs 350 Cr.

EIH Ltd Financials for past 3 Years

Past performance and financial results of EIH Ltd.

EIH Ltd financial
Title FY 2020 FY 2019
Total revenue 1434.31 1627.26
PAT 124.47 113.33
EBITDA 309.42 406.14
Total Assets 3919.82 3851.96
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

EIH Ltd Right Issue Live Subscription (NSE + BSE)

The table below is live update of Right Issue bidding details from NSE and BSE.

    Company Address

    EIH Ltd
    4, Mangoe Lane,
    Kolkata,West Bengal-700 001
    India
    Website: www.eihltd.com
    Phone: +91-11-2389 0505
    Email: [email protected]

    Registrar

    Link Intime India Private Ltd
    Link Intime India Private Ltd
    C 101, 247 Park, L.B.S.Marg,
    Vikhroli (West), Mumbai - 400083
    Website: https://linkintime.co.in/Initial_Offer/public-issues.html
    Phone: +91-22-4918 6270
    Email:

    Lead Manager

    EIH Ltd Right Issue Offer Document (Letter of Offer) >>Document

    EIH Ltd Right Issue Offer Document (Letter of Offer) >>EIH Ltd Right Issue Red Herring Prospectus is not yet available.

    EIH Ltd Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

    EIH Ltd Right Issue Online Application (Registrar & Transfer Agent) >>EIH Ltd Right Issue RTA information is not yet available.

    EIH Ltd 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 EIH Ltd? Should I apply in EIH Ltd Right Issue?

    Last Updated on 2021-04-13T01:13:08+00:00


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