Viceroy Hotels Rights Issue Details, Record Date, Issue Price, Subscription

Viceroy Hotels Rights Issue details are released Viceroy Hotels plans to issue 4,421,053 equity shares amounting to Rs 49.52 crores. Viceroy Hotels Rights issue price is Rs 112 per share, and the face value is Rs 10 per share.

Viceroy Hotels Rights Issue open date is December 12, 2024 and closes on December 24, 2024. Viceroy Hotels rights issue entitlement ratio is 7:10, which is 7 Rights equity Shares for every 10 fully paid-up equity shares.

The Viceroy Hotels Rights Issue record date is November 28, 2024. The last date to buy shares of Viceroy Hotels is November 29, 2024. Rights Issue subscription status will be available after the issue goes live.

Viceroy Hotels Rights Issue Allotment date, Credit date and Listing date is not yet announced. The register for the Viceroy Hotels Rights Issue is Venture Capital and Corporate Investments Limited.

The book-running lead manager(s) has not yet been disclosed. The listing will be at BSE and NSE, and the terms of payment are the full amount of Rs 112 per equity share payable on the application.

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Viceroy Hotels Rights Issue Details

Viceroy Hotels Rights Issue details, Viceroy Hotels plans to issue 4,421,053 equity shares amounting to Rs 49.52 crores. Viceroy Hotels Rights issue price is Rs 112 per share, and the face value is Rs 10 per share. The rights issue entitlement ratio is 7: 10, which is 7 Rights equity Shares for every 10 fully paid up equity shares.

Viceroy Hotels Rights Issue Dates

Viceroy Hotels Rights Issue open date is December 12, 2024 and closes on December 24, 2024. The Viceroy Hotels Rights Issue record date is November 29, 2024. The last date to buy shares of Viceroy Hotels is November 28, 2024.

Viceroy Hotels Rights Issue Objectives

Viceroy Hotels Rights Issue objective is to utilize the net proceeds from the issue into capital expenditure requirements towards renovation/completion of existing properties and to meet general corporate purposes.

Viceroy Hotels Rights Issue Subscription

Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement are 7 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date, the offer price is Rs 112 per share, and terms of payment are the amount payable at the time of application.

Viceroy Hotels Limited: About the Company

Viceroy Hotels Limited, established in 1965, is a prominent player in India's hospitality sector, headquartered in Hyderabad. Initially known as Palace Heights Hotels Limited, the company rebranded in December 2001.

Viceroy Hotels operates luxury accommodations, including its flagship, Hotel Viceroy in Hyderabad, which is renowned for its architectural elegance and comprehensive amenities, such as a health club, swimming pool, and conference facilities.

The company will expand its portfolio significantly with over 10,000 rooms spread across business and leisure travel. Viceroy Hotels Limited continues to build its reputation in the competitive hospitality industry, focusing on delivering exceptional service and strategic growth opportunities for investors with a commitment to excellence and transparency.

Viceroy Hotels Limited Financials (in crore)

Viceroy Hotels Limited reported a revenue of Rs 139.22 crore and a profit after tax of Rs 2.39 crore. The company's revenue increased by 16.02% between the FY ending with March 31, 2024 and March 31, 2023.

Viceroy Hotels Rights Issue Registrar

Viceroy Hotels Limited registrar is Venture Capital and Corporate Investments Limited. The book-running lead manager(s) have not yet been disclosed.

FAQs

1.    What are the details of the Viceroy Hotels Rights Issue?
Viceroy Hotels Rights Issue details: Viceroy Hotels plans to issue 4,421,053 equity shares amounting to Rs 49.52 crores. Viceroy Hotels Rights issue price is Rs 112 per share, and the face value is Rs 10 per share. The rights issue entitlement ratio is 7:10, which is 7 Rights Equity Shares for every 10 fully paid-up equity shares.
2.    Viceroy Hotels Rights Issue open and close date?
Viceroy Hotels Rights Issue open date is December 12, 2024 and closes on December 24, 2024. The Viceroy Hotels Rights Issue record date is November 28, 2024. The last date to buy shares of Viceroy Hotels is November 29, 2024.
3.    How can I apply for the Viceroy Hotels Rights Issue?
You can apply for Viceroy Hotels in two ways one is Net Banking (ASBA) and the other is by visiting Registrar's Website (R-WAP Facility).
4.    What is the entitlement ratio for the Viceroy Hotels Rights Issue?
Viceroy Hotels rights issue entitlement ratio is 7: 10, which is 7 Rights equity Shares for every 10 fully paid up equity shares.
5.    How can I check the Viceroy Hotels Issue Allotment Status?
The registrar for this upcoming rights issue is Venture Capital and Corporate Investments Limited. Investors can check out the allotment by visiting the registrar's website.
6.    From where can I get the Letter of Offer Viceroy Hotels Rights issue?
You can download Viceroy Hotels Rights issue Letter of Offer by visiting here.
7.    What is the listing date of the Viceroy Hotels Rights Issue?
Viceroy Hotels Rights Issue listing date is not yet announced whereas it will be listing on the NSE and BSE exchanges.
8.    Who is the registrar and lead managers of Viceroy Hotels Rights Issue?
Viceroy Hotels Limited registrar is Venture Capital and Corporate Investments Limited. The book-running lead manager(s) have not yet been disclosed.

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