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Chalet Hotels Ltd

Registered Office : Raheja Tower P No C-30 Block G,Bandra Kurla Complex Bandra(E),Mumbai Maharashtra 400051 Phone : 91-22-26564000
Fax : 91-22-26565451

Email : investorrelations@chalethotels.com

Website : www.chalethotels.com

Initial public offering of 58,613,571 equity shares of face value of Rs. 10 each (the "equity shares") of Chalet Hotels Limited ("the company" or "the company" or "the Issuer") for cash at a price of Rs. 280 per equity share (including a share premium of Rs. 270 per equity share) (the "offer price") aggregating to Rs. 1641.18 Crores (the "offer") comprising a fresh issue of equity shares of 33,928,571 aggregating to Rs. 950 Crores ("fresh issue") and an offer for sale of 24,685,000 equity shares (the "offered shares") aggregating to Rs. 691.18 Crores, comprising an offer for sale of (i) o 5,550,000 equity shares aggregating to Rs. 155.40 Crores by Ravi C Raheja; (ii) 5,550,000 equity shares aggregating to Rs. 155.40 Crores by Neel C Raheja: (iii) 10,784,176 equity shares aggregating to Rs. 301.96 Crores by K Raheja Corp Private Limited; (iv) 800,000 equity shares aggregating to Rs. 22.40 Crores by Palm Shelter Estate Development LLP; and (v) 2,000,824 equity shares aggregating to Rs. 56.02 Crores By Ivory Properties and Hotels Private Limited (collectively the "selling shareholders", and such offer for sale, the "offer for sale"). The offer shall Constitute 28.59% of the post-offer paid-up equity share capital of the company. The Offer Price is Rs.280 per equity share of face value of Rs.10 each. The Offer price is 28 times the face value of the equity shares.

Issue

Opens On

Closes On

29-Jan-2019

31-Jan-2019

Money Payable On

Application

Allotment

280.00

0.00

Minimum Application for shares in Nos : 53.0 Further Multiples of : 53.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

916.13

1,641.18

205.02

280.00

Axis Capital Ltd

JM Financial Ltd

Morgan Stanley India Company Pvt Ltd

Projects

Repayment / Prepayment of certain Indebteness

General Corporate Purposes

Promoted By

Ravi C Raheja

Neel C Raheja

K Raheja Corp Pvt Ltd

Listing At

Registrar to the Issue

KFin Techologies Ltd