IPO Issue Details
Issue Price / Price Band₹50 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size4,59,000 shares (aggregating up to ₹2.30 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 23 Jul 2015
Subscription CloseTue, 28 Jul 2015
Anchor AllotmentWed, 22 Jul 2015
Basis of AllotmentMon, 03 Aug 2015
Initiation of RefundsTue, 04 Aug 2015
Credit of Shares to DematTue, 04 Aug 2015
Listing DateTue, 11 Aug 2015
UPI Mandate Deadline2015-07-28
Application & Investment Details
Retail — Min (1 Lots)₹1,50,000 — 3,000 shares
Retail — Max (13 Lots)₹1,950,000 (13 Lots)
HNI — Min (2 Lots)₹1,50,000 — 6,000 shares
Net Offer to Public4,32,000 shares (aggregating up to ₹2.16 Cr)
Reserved for Market Maker27,000 shares (aggregating up to ₹0.1350 Cr)
Pre-IPO Promoter Holding8,50,875 shares
Post-IPO Promoter Holding13,09,875 shares
About Pecos Hotels & Pubs Ltd.
Incorporated in 2005, Pecos Hotels and Pubs Ltd (PHPL) is into the business of running of hotels and pubs in Bangalore, with 4 Pubs providing 70s, 80s and 90s retro rock music since last 10 years. Its focus is to bring alive the greatest of legends in the interiors, the lighting, the paintings, pictures, posters and the sounds.These pubs have evolved a style and culture that is quite unique within the industry. The decoration is 60's & 70's psychedelic art, the furniture simple, functional and bordering on grungy. The pubs are not very large, area is between 1000 to 2000 sq. ft., but are carefully located where there are footfalls and sufficient parking.
Objects of the Issue
Pecos Hotels & Pubs Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Development of New Pub
0.60
2
2 Upgradation, Repair and Maintenance of our existing pubs
0.75
3
3 General Corporate Purposes
0.44
Shareholding & Lock-in
Pre-IPO Promoter Holding
8,50,875 shares
Post-IPO Promoter Holding
13,09,875 shares