Chalet Hotels Limited IPO
Chalet Hotels Limited was a mainboard IPO in the Hotels & Resorts sector, offered at ₹275–₹280 per share to raise ₹1,641 crore. The issue was subscribed 1.57× overall (QIBs 4.66×, NIIs 1.1×, retail 0.03×). It listed on 7 Feb 2019 at ₹294 and closed its first day at ₹292, a listing gain of +4.2% versus the ₹280 issue price. It now trades around ₹806 (+187.7% versus the issue price).
Frequently asked questions
- How many times was the Chalet Hotels Limited IPO subscribed?
- The Chalet Hotels Limited IPO was subscribed 1.57× overall — 4.66× in the QIB category, 1.1× among non-institutional investors, 0.03× in retail.
- What were the Chalet Hotels Limited IPO listing gains?
- Chalet Hotels Limited listed on 7 Feb 2019 at ₹294, closing its first day at ₹292 — a listing gain of +4.2% versus the ₹280 issue price.
- What were the retail allotment odds for the Chalet Hotels Limited IPO?
- Retail was subscribed 0.03×, so a single-lot application had roughly a 100% chance of allotment — most applicants were allotted, and allotment was finalised on 1 Feb 2019.
- What was the price band and lot size of the Chalet Hotels Limited IPO?
- The price band was ₹275–₹280 per share, with a minimum lot of 53 shares (₹14,840 at the upper band).
- Who were the registrar and lead manager for the Chalet Hotels Limited IPO?
- Karvy Fintech Private Limited was the registrar, and JM Financial was the book-running lead manager.