Pecos Hotels & Pubs Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 216,000 (47%) | — | ₹108 Cr |
| Retail | — | 216,000 (47%) | — | ₹108 Cr |
| Market Maker | — | 27,000 (6%) | — | ₹1 Cr |
| Σ Total | — | 459,000 (100%) | — | ₹2,295 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹150,000 |
| Retail (Max) | 13 | 39,000 | ₹1,950,000 |
| S-HNI (Min) | 14 | 42,000 | ₹2,100,000 |
| B-HNI (Min) | 67 | 201,000 | ₹10,050,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Development of New Pub – 0.60
- 2 Upgradation, Repair and Maintenance of our existing pubs – 0.75
- 3 General Corporate Purposes – 0.44
- 4 Issue Expenses – 0.50
Company Overview
Incorporated in 2005, Pecos Hotels and Pubs Ltd (PHPL) is into the business of running of hotels and pubs in Bangalore, with 4 Pubs providing 70s, 80s and 90s retro rock music since last 10 years. Its focus is to bring alive the greatest of legends in the interiors, the lighting, the paintings, pictures, posters and the sounds.
These pubs have evolved a style and culture that is quite unique within the industry. The decoration is 60's & 70's psychedelic art, the furniture simple, functional and bordering on grungy. The pubs are not very large, area is between 1000 to 2000 sq. ft., but are carefully located where there are footfalls and sufficient parking.