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HomeSHARE MARKETExclusive News: Company Is Going To Raise Rs 1200 Crore; Shares Rose...

Exclusive News: Company Is Going To Raise Rs 1200 Crore; Shares Rose 30% In 3 Months

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This company is Chalet Hotels (NSE: CHALET). According to information received from sources, the company is going to raise funds through QIP.

The company is going to raise Rs 1200 crore.

Sources say that QIP has been launched. Its floor price has been fixed at Rs 775 per share. 

On Wednesday, the shares of the company closed at Rs 872 (up 0.37 percent).

QIP is an acronym for qualified institution placement. Companies use QIP to raise capital from the domestic market.

QIP is not subject to approval by the market regulator, i.e. SEBI.In QIP, it is the company that decides on the share price according to rules.

The price of QIP is determined after 2 weeks of the share. Cannot be less than the average price.

What Does Chalet Hotels Ltd Do

Owner, developer, and operator of high-end hotels across India.

Apart from major metro cities of India such as Mumbai Metropolitan Region, Hyderabad, Bengaluru, New Delhi, and Pune, Shale also has a resort in Lonavala, Maharashtra. 

The company’s portfolio includes nine fully operational hotels.

About Chalet Hotels Ltd Company

Chalet Hotels Limited, based in India, is a luxury hotel owner, developer, and asset manager. It also operates a serviced apartment.

The Company has three segments: Hospitality (Hotels), Real Estate, and Rental / Annuity Business. Hotel operations are included in the Hospitality (Hotels segment). 

Real Estate includes residential flat sales. The portfolio of the Company includes approximately seven hotels in both mainstream and luxury segments. 

It also includes commercial and retail space near its hospitality assets. 

JW Marriott Mumbai Sahar and Renaissance Mumbai Convention Centre Hotel are part of the portfolio.

It also includes Lakeside Chalet Marriott executive apartments, Four Points by Sheraton Navi Mumbai, Bengaluru Marriott Hotel Whitefield, The Westin Hyderabad Mindspace, and Novotel Pune Nagar Road.

Fundamental Analysis of Chalet Hotels Ltd 

Market Cap₹ 17,912 Cr.
Current Price₹ 872
52-wk High₹ 910
52-wk Low₹356
Stock P/E74.1
Book Value₹ 82.3
Dividend0.00 %
ROCE9.22 %
ROE10.9 %
Face Value₹ 10.0
P/B Value10.6
OPM41.4 %
EPS₹ 11.3
Debt₹ 2,977 Cr.
Debt to Equity1.76

Chalet Hotels Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹800₹1058
2025₹1100₹1421
2026₹1400₹1500
2027₹1522₹1685
2028₹1700₹1856
2029₹1900₹2100
2030₹2144₹2200
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Chalet Hotels Ltd Shareholding Pattern

Promoters Holding
Dec 202271.65%
Mar 202371.65%
June 202371.65%
Sept 202371.69%
Dec  202371.69%
FII Holding
Dec 20221.89%
Mar 20232.04%
June 20232.97%
Sept 20232.51%
Dec  20233.09%
DII Holding
Dec 202222.34%
Mar 202322.52%
June 202321.50%
Sept 202321.82%
Dec  202320.72%
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Public Holding
Dec 20224.12%
Mar 20233.79%
June 20233.88%
Sept 20233.98%
Dec  20234.50%

Chalet Hotels Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹987 Cr
2020₹981 Cr
2021₹286 Cr
2022₹508 Cr
2023₹1,337 Cr

Last 5 Years’ Net Profit:

2019₹-8 Cr
2020₹100 Cr
2021₹-139 Cr
2022₹-81 Cr
2023₹232 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190.96
20201.03
20211.22
20221.82
20231.75

Last 10 Years’ Profit Growth:

10 Years:
5 Years:55%
3 Years:16%
Current Year:162%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:1%
3 Years:-1%
Last Year:11%

Sales Growth Over 10 Years:

10 Years:
5 Years:7%
3 Years:5%
Current Year:42%

Conclusion

This article is a complete guide about Chalet Hotels Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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