Chalet Hotels Limited
Credit of Shares to Demat
Cut off time for UPI Mandate Confirmation
Minimum Order Quantity
Chalet Hotels Limited are an owner, developer and asset manager of high-end hotels in key metro cities in India. Their hotel platform comprises five operating hotels, including a hotel with a co-located serviced residence, located in the Mumbai Metropolitan Region, Hyderabad, and Bengaluru, representing 2,328 keys, as of March 31, 2018.
Date of Establishment: Chalet Hotels Limited was incorporated as ‘Kenwood Hotels Private Limited’ on 6th of January 1986 at Mumbai, Maharashtra. Subsequently, it was reformed to ‘Chalet Hotels Limited' on 6th of June 2018,
Promoters of Chalet Hotels Limited: The promoters of the Chalet Hotels Limited are:
Ravi C.Raheja, Neel .C.Raheja, K Raheja Corp Private Limited, K Raheja Private Limited,
Ivory Properties and Hotels Private Limited, Genext Hardware & Parks Private Limited,
Touchstone Properties and Hotels Private Limited, Cape Trading LLP, Capstan Trading LLP,
Casa Maria Properties, Anbee Constructions LLP, Palm Shelter Estate Development LLP,
Raghukool Estate Development LLP and Ivory Property Trust.
Products and Services Offering: Its hotels are currently branded with global brands that include JW Marriott, Westin, Marriott, Marriott Executive Apartments, Renaissance and Four Points by Sheraton which are held by Marriott Hotels India Private Limited and its affiliates (collectively “Marriott”).
Besides this, it also operates in Retail and Commercial Business, Residential Projects and Projects under Development segments.
Consumer Segments: Generally Chalet Hotels Limited being in hospitality sector has its hotels business conducted across various metro cities location which is located across India mainly in Mumbai Metropolitan Region, Hyderabad and Bengaluru among others which are basically spread across prime rich locations. For instance - they have a hotel in Sahar, Mumbai and another located across 15 acres at the banks of Powai Lake, both in proximity to Mumbai’s international airport.
Objects of Chalet Hotels Limited IPO: The objects of Chalet Hotels Limited IPO are;
- Repayment/prepayment of certain indebtedness.
- General corporate purposes.
- Offer for sale up to 24,685,000 Equity Shares by its existing shareholders.
For the year/period ended (in Rs. Millions)
Profit After Tax
Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.
Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker
This is very easy, you need to do the following to buy and sell IPOs hasslefree with a discount broker. Open a trading & demat account with a discount broker. Open a trading account with a full service broker like banks which are offer IPO buying through ASBA route. While filling up the information for the demat account while opening an account with a bank, you need to give the details of demat account which is with the discount broker. Once your demat account is linked with the trading account of the bank then you simply buy and sell IPO. Investors need to understand that almost all brokers don’t charge any annual fee for trading account therefore having multiple trading accounts linked to a single demat account won’t incur any cost to investors. ,
You need to submit the following documents for opening an account with Samco : Photograph PAN Card Bank Details – Cancelled cheque or Bank Statement/Passbook copy Aadhar Card (or alternative address proof such as Drivers license, Voter ID, etc) Proof of Income (6 months bank statement or ITR Return or 3 months salary slip)