April 24, 2022

Hotel Business Doing Well- Moneycontrol Link

 Please click ;-

https://www.moneycontrol.com/news/business/domestic-hotel-industry-to-return-to-pre-covid-level-this-fiscal-says-report-8357881.html

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BLOG COMMENTS

OLD POST

 April 16, 2022

Hotel Shares on the Rise-Moneycontrol Link

 Please click ;-

 https://www.moneycontrol.com/news/business/stocks/virus-battered-shares-of-hotels-and-multiplexes-finally-perk-up-as-revellers-limp-back-8355111.html

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Blog Comments

Unlisted Hotel shares like

1 . Bharat Hotels

2 Mansingh Hotels and Resorts

3 Fomento Resorts and Hotels

others 

may also rise.

UP Hotels earlier delisted has , now , been Relisted 

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UP Hotels

 

1 . UP Hotels shares have Relisted .

2. On a very small share capital of Rs. 5 cr 50 lakh , UP Hotels owns four  premium 5 Star  Clarks Hotels at Agra , Jaipur , Lucknow and Khajuraho . UP Hotels is Asset Laden

https://www.hotelclarks.com/

2. Considering its assets Share Price of UP Hotels should be above Rs.2000 per share .     BLOG CAUTION- PLEASE RECHECK / RECALCULATE INDEPENDENTLY ALSO.

3. Promoters hold nearly 88 % of Equity

4. In order  to comply with Listing requirements of minimum 25% public shareholding , the Company passed a Resolution ,in 2013,for a liberal Bonus in the ratio of 31 : 20 ONLY TO NON PROMOTERS.
.
Bonus Issue Resolution  For Non Promoter Shareholders  was passed in EGM 23 /07/2013 - 

But No Bonus Issue was ever Made

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 International Travel House , a Listed share , belonging to the ITC group and engaged in Travel agency etc tourism related business has also started rising. 

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OLD POST

March 22, 2022

UP Hotels - Clark Group Owns 4 Premium Five Star Hotels- Share Capital Rs. 5 cr 50 lakh Only- RBB Currently On

March 14, 2022

UP Hotels owners of Clarks Group to Officially Delist - RBB - 21/03/2022 TO 25/ 03/2022

Nearly 88 % of the Equity is held by Promoters

For Letter of Offer please click ;-

https://www.moneycontrol.com/stocks/reports/up-hotels-letteroffer-voluntary-delisting-process-29531921.html

UP Hotels own four  premium 5 Star  Clarks Hotels at Agra , Jaipur , Lucknow and Khajuraho

https://www.hotelclarks.com/

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Blog Comments

Considering that UP Hotels owns 4 Hotels on a share capital of only Rs. Five and a half crore the discovered price should be around Rs. 2000 per  share.

 Please Recalculate independently also .

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Please read this old post of 2009

 

UP Hotels - Clark Group of Hotels - Asset Laden - Massive Profits


http://www.rareindianshares.info/search?q=up+hotels

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February 08, 2021

U P hotels-Annual Report -2019-20 in PDF

 First click the link ;-

https://www.google.com/search?client=firefox-b-d&q=up+hotels+2020+annual+report+

Then click , for , PDF copy of the Annual  Report 

 

CLARKS GROUP OF HOTELS - BSE

www.bseindia.com › bseplus › AnnualReport

PDF
U. P. Hotels Limited | Annual Report 2019-20. BOARD OF DIRECTORS ... held through VC/OAVM on Friday, 25th September, 2020 at 2.30 p.m. (IST).
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.

Old Post of   2015

December 04, 2015

UP Hotels - No Delisting ,No Bonus , No Quotation- Please Guide

Bonus Issue Resolution  For Non Promoter Shareholders  was passed in EGM 23 /07/2013 - But No Bonus Issue Made

http://hotelclarks.com/pdf/5.pdf
 

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No Minimum MPS ( Minimum Public Shareholding , SEBI Order 02/12 /2014. 

Please go through the entire Order to Understand the Chain of Events

http://www.watchoutinvestors.com/press_release/sebi/1417605244254.pdf

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Excellent Analysis . Please Scroll down to UP Hotels :-

http://www.watchoutinvestors.com/press_release/sebi/1417605244254.pdf

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No Trading in BSE

http://www.watchoutinvestors.com/press_release/sebi/1417605244254.pdf

December 04, 2015

UP Hotels - No Delisting ,No Bonus , No Quotation- Please Guide



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U P Hotels Limted

Registered Office : 1101, " Surya Kiran " 19, Kasturba Gandhi Marg,
New Delhi 110001.

Chairman and  Managing Director , LP Gupta ; Vice Chairman & Managing Director Birendra Kumar ; Apurv Kumar , Executive Director ; Rupak Gupta , Executive Director

U P Hotels Limited was set up in 1961. It owns the famous and highly respected " CLARKS ' group of luxury hotels :-

Hotel Clarks Shiraz , Agra
Hotel Clarks Amer , Jaipur
Hotel Clarks Avadh , Lucknow
Hotel Clarks Khajuraho, Khajuraho


As on 31-09-09 , Share Capital , Rs. Five Crore Forty Lakh ; Reserve Rs. Rs. 44 crore. It is a Zero Debt Company. For the year ended 31-09-09 on a turnover of Rs. 59 crore , Net profit Rs. 8.9 crore. Dividend 25%

No. of shareholders ; around 1060 ; Demat ratio -about 25% ;
Over 88% shares are held by promoters.

Status : Listed at BSE , Mildly Liquid ( Traded nearly daily ). Closing rate on 16-09-09 around Rs.180.



It appears , Hotel industry's prospects would improve considerably in future.

http://www.hotelclarks.com/

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UP Hotels Bonus Issue - Non Promoters Only- Ratio 31 :2 0

Non Promoter Public Share holders of UP Hotels get a bonanza . Only for them  Bonus Issue in the ratio of 31 bonus  shares for every 20 held.

http://www.moneycontrol.com/news/announcements/up-hotels-updatesratiobonus-shares_883905.html

Does this mean that UP Hotels has dropped its earlier plans to Delist ?

A Dividend of 50 % has been declared for 2012-13

UP Hotels owns the chain of famous Clark Group of Hotels .

http://www.rareindianshares.info/2009/09/u-p-hotels-limited.html

http://www.hotelclarks.com/

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http://www.moneycontrol.com/news/announcements/up-hotels-approves-delistingequity-sharesbse_824127.html

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 old post 

Mansingh Hotels And Resorts Limited

Originally promoted , in 1970 , as  “S.B. properties and Enterprises Ltd.” name changed  “Indo Continental Hotels and Resorts Ltd.”  in 1987
   The Company later changed its name , around 2012 ,to the present ,“Mansingh Hotels and Resorts Ltd.”.

The present promoters , of Mukand Lal group ( original Promoters of Mukand Iron )  took over Mansingh Hotels and Resorts in early 1980 s.

The Company started its Hotels operation   from 1978 onwards.

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 MILESTONES

  • In 1986, Mansingh Hotels and Resorts Limited (Formerly known as Indo Continental Hotels & Resorts Limited) acquired a Hotel project at Ajmer from the Rajsathan Financial Corporation and Rajasthan State Industrial Development & Investment Corporation (RIICO). The project was implemented with loans from RIICO. All the loans have been repaid in full and the Hotel is now a landmark of the city of Ajmer.
  • In 1987, the Group acquired its third Hotel situated in the City of “Taj”, Agra through the amalgamated of M/s Hotel Pink City Pvt Ltd., into it. After takeover, the Group renovated the Hotel to give it a complete new look. The hotel also witnessed an addition of 60 rooms to make it a 97 Rooms hotel.
  • The last addition to the hotels of the Company is a 60 rooms 3 star Deluxe Hotel built on a site adjoining the company’s first Hotel at Jaipur. This hotel is catering to the up market segment and is one of the most elegant properties in Jaipur.
  • Mansingh Hotels & Resorts Limited has recently made its foray into real estate and has set up a multiplex cum shopping mall at Mohannagar, Ghaziabad, U.P.
source / for more , please click


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MANSINGH HOTELS AND RESORTS PROPERTIES

HOTEL MANSINGH, JAIPUR

A 95 rooms, 5 Star Hotel, situated in the heart of ‘The Pink City, Jaipur’. The hotel is a unique blend of all luxurious facilities, with a specialty Restaurant.
Coffee shop, Bar, Bar-Be-Q, Banquet, Conference, Swimming Pool, Health Club and Shopping arcade.

HOTEL MANSINGH TOWERS, JAIPUR

A 53 rooms, Deluxe rooms hotel, adjacent to the Mansingh Hotel, Jaipur. This hotel is fully equipped with ultra modern facilities to cater to the up market tourists and business travelers. The hotel has a multicuisine, restaurant, Bar, Banquet, Conference, Library and Business centre.

HOTEL MANSINGH PALACE, AGRA

A 97 rooms, 5 Star Hotel at a well located area in the City of Taj, Agra. A complete luxuries hotel with the facility of multicuisine restaurant, Bar, Banquet, Conference, Swimming Pool, Health Club and Shopping arcade.

HOTEL MANSINGH PALACE, AJMER

A 54 rooms, 3 star deluxe hotel at a well appointed area in the City of Pushkar and Dargah, Ajmer. The hotel has facilities of multicuisine restaurant, Bar, Banquet, Conference, and shopping arcade.

MMX

Set up on a plot of measuring 14,000 Sq.Mtrs, this 250,000 Sq.ft (Approx) development houses a six screen multiplex, a Family Entertainment Centre, a Food Court and shopping area.

JODHPUR HOTEL

The Group’s newly constructed a five star deluxe Hotel at Jodhpur has been launched. The property spread over 10 acres of land consist of 96 Rooms, 2 Villas and state-of-the art facilities for the upmarket segment

source / for more , please click

http://www.mansinghhotels.com/about-us.php
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Jodhpur Hotel is marketed and managed by India’s foremost name in the hospitality industry ITC Hotels, under the brand name Welcomhotel Jodhpur.

https://www.itchotels.in/hotels/jodhpur/welcomhoteljodhpur.html

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For analysis , please study this old 2013-14 Report of the Company


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The latest information


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It appears for the year 2015-16 dividend was Nil ( Please Recheck this )

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No. of Shareholders : As per the Annual Report 2013-14 total No. of Shareholders : 633 ( Please Recheck )
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Around 2015 a liberal bonus of 6 : 1 ( six shares for every one held ) was issued after which the share capital rose to Rs. 10 crore 50 lakh . 

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Shares are presently Unlisted/ ELC ( Exclusively Listed Co. in Regional Stock Exchanges ) 

The Equity shares of the Company had been listed on Jaipur and Delhi Stock Exchanges. Both these Stock Exchanges have been de-recognized by the Securities Exchange Board of India(SEBI) on 23.3.2015 and 19.11.2014 and therefore the company has ceased to be a Listed Company. As required by SEBI , Delhi Stock Exchange had taken necessary action and the Company’ Shares ,w.e.f. 13.07.2015 have been placed on the Dissemination Board of Bombay Stock Exchange.
Dematerialization Of Shares
The share of the Company are available for trading in depository systems of both NSDL and CDSL. ISN Code : INE 300CO1012 (NSDL & CDSL).
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Mansingh Hotels, although in recent years making losses  have very valuable Hotels / properties  which should command a very high enterprise value . 
 Please Recheck / Recalculate independently also

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General Warning : Investment in Shares Can be Injurious to Your  WEALTH

Caution :The blog writer has personal/ family members' holdings in this Company , so please make suitable "provisions " for likely over optimism

( NB : All information given in good faith. Please recheck all facts. No responsibility taken by this au
thor / blog .

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