For the financial year ended March this year, the company's net profit stood at Rs 99.62 crore. It was a loss of Rs 7.62 crore for the year-ago financial year, Chalet Hotels said.
The Centre has allowed home delivery services for restaurants but state governments will have a final say on easing of restrictions.
Chalet Hotels Limited (CHL), is an owner, developer and asset manager of high‐end hotels in key metro cities in India.
The share touched its 52-week high Rs 387.00 and 52-week low Rs 250.15 on 06 May, 2019 and 07 February, 2019, respectively.
Indian Hotels sees some initial signs of a pick-up in revenue per available room (RevPAR) growth trends and expects second half of FY20 to be better than first half.
JM Financial expects Chalet to report an EBITDA CAGR of 21 percent over FY18-21E
The initial public offering (IPO) to raise about Rs 1,641 crore received bids for 6,49,07,563 shares against the total issue size of 4,13,26,672 shares, as per NSE data till 1800 hrs.
The IPO, to raise about Rs 1,641 crore, received bids for 1,16,68,957 shares against the total issue size of 4,13,26,672 shares, according to data available with the National Stock Exchange (NSE).
The IPO, to raise about Rs 1,641 crore, received bids for 27,85,574 shares against the total issue size of 4,13,26,672 shares, as per the data available with the NSE.
We recommend investors to Subscribe for the Long term on the issue, said Hem Securities
Chalet Hotels Friday announced a Rs 1,600-crore initial public offering which includes issue of fresh equity and also sale by promoters.
This is one of the biggest offerings in the IPO market, which has otherwise been lull in the recent months due to volatilities in the market.