Roopshri Resorts Limited IPO

Roopshri Resorts Limited

Issue Open

Mar 19, 2019

Price Band

₹ 20

Issue Size

₹ 3.60 Cr

Credit of Shares to Demat

-

Issue Close

Mar 22, 2019

Bid Lot

6000

Listing Exchange

BSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue

Minimum Order Quantity

6000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Nov 30, -0001

Refunds

-

About the company:

Roopshri Resorts Limited is a hospitality company involved in operating “Hotel Alexander” at Matheran. The Hotel is regarding as one of the oldest hotels concealed hillside properties in Matheran and is involved in the operation for more than 3 decades. As on 15th February 2019 is has 11 staff on a payroll basis.

Date of Incorporation: The Company was incorporated as “Hema Land Developers Private Limited” on 09th January 1990. Subsequently, it was reincorporated to a public limited company “Roopshri Resorts Limited” on 06th November 2018.

Promoters of the Company: Mrs Roopa Shah is the promoter of Roopshri Resorts Limited.

Services Offering: The company operates Hotel Alexander that consists of 13 private cottage rooms and 12 executive rooms. The Hotel is around 3 hours by road from Mumbai and 2 hours from Pune. It has almost 3.75 acres of land but less than half acres is being utilised for hotel facilities.

Customer Segments: The Customers segments include tourist, traveller, sightseer, tripper among others.

Objects of Roopshri Resorts Limited IPO: The core objectives this Offer are:

  • - Repayment of Loans.

  • - General Corporate Expenses.

  • - Issue Related Funding.

  • - Expenses for Repairs and Restoration of Hotel Alexander.

Company Financials:

Particulars

For the year/period ended (in Rs. Lakhs)


31-Oct-18

31-Mar-18

31-Mar-17

31-Mar-16

Total Assets

55,903.71

127.78

163.64

262.98

Total Revenue

193.80

143.00

40.65

36.95

Profit After Tax

7.58

10.42

2.16

1.94

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