April 22, 2022

UP Hotels - Promoters' Shares Mutual Transfer at Zero Price - ie Gift-Public Shareholders Confused

Please click ;-

 https://www.bseindia.com/xml-data/corpfiling/AttachHis/7D9785CD_FBA8_4E34_8A70_54D1451A79EA_163814.pdf

 Blog Credit to ;-

 Mr. Vijay, Jalandhar , m 7009409142

himanshusoi478@gmail.com

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Blog Comments ;-

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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OLD POSTS

 

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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March 30, 2022

UP Hotels Delisting Fails- Share Relisted in BSE

 Delisting Fails , please click ;-

https://www.moneycontrol.com/livefeed_pdf/Mar2022/FBC164C0-94F6-4D09-A556-B604E108E684-152622.pdf?classic=true

 Share Relisted CMP  Around Rs. 430

https://www.moneycontrol.com/company-notices/up-hotels/notices/UPH

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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 .

-------------------------

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).
--------------
.

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
 

============

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

=============

Excellent Analysis . Please Scroll down to UP Hotels :-

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

==========

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



==================
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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Bonus Shares For Non Promoters Only - What Would Be Ex - Bonus Price ?

 These days a new development has taken place . Some Companies , to comply with Minimum 25% Public Holding Directive of SEBI  ,are issuing Bonus shares only to their Non Promoters

Example

UP Hotels 

Bonus Ratio : 31 Bonus Shares For 20 Held

http://www.rareindianshares.info/2013/05/up-hotels-bonus-issue-non-promoters.html

Here , around 12 %  shares are held by the Non Promoters

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

                          or

Ras Resorts

Bonus Ratio

1 : 5 ( Please Recheck )

http://www.moneycontrol.com/india/stockpricequote/hotels/rasresortsaparthotels/RRA



Q -WHAT WOULD BE THE EX BONUS RATES IN SUCH LIKE CASES OF LIMITED BONUS ISSUES ??

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Answer  By Bhavikk Shah
As for the bonus to non-promoters are concern- the equation remains the same that is -

At present UP HOTELS CMP is Rs. 353.90 per share . It declared bonus of 31 new for every 20 held - so after bonus the price FOR INDIVIDUAL INVESTOR should be Rs.138.78/share.
(CMP Rs.353.90 x 20 all ready held = Rs.7078; Bonus of 31 new so your total investment of Rs. 7078 remains the same but the total number of shares increase to 51 shares , so Rs. 7078/51 = Rs.138.78/sh)

Now, for promoters -
Company has total of 54,00,000 shares - promoters hold 88.39% or 47,72,960 shares.

NOW - AFTER BONUS -
Co's 54,00,000 shares will become 63,71,912 shares (Total shares 54,00,000; bonus to non promoter so minus the promoter holding of 47,72,960 from this 54,00,000 = 6,27,040 shares;Bonus is of 31 new for 20 held so- 6,27,040 divide by 20 already held will give you 31,352 shares multiply this by 31 new shares will give you 9,71,912 new shares ; Add this 9,71,912 with 54,00,000 will give you 63,71,912 shares)-
now, promoters will not be getting Bonus so their holdings remains same at 47,72,960 shares but their percentage will be reduced from 88.39% to 74.90% a reduction of dot 13.49% in promoters holding. This is also one kind of dilution.

BUT this promoter dilution will impact the market cap and co's MCAP before bonus is 54,00,000 Shares X CMP of Rs.353.90 = Rs.191,10,60,000 Cr
Now divide this 191 Cr with new Total shares = Rs. 191,10,60,000 / new total shares of 63,71,912 = Rs. 299.91
I think UP HOTELS should trade near Rs.300 after bonus.

DO SHARE YOU VIEWS -
THANKING YOU TO GIVE ME AN OPPORTUNITY TO EXPRESS MY SELF

REGARDS
BHAVIKK SHAH
CLICK FOR BHAVIKK SHAH's BLOG ALSO ON
STOCKMUSINGS.COM


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Blog 's extreme gratitude to Bhavikk Shah for his brilliant analysis. ============

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

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

========================
2017 post  
 

2017-18


Gross Profit : Rs.5 cr 36 lakh

Net Profit : Rs.3 cr 05 lakh

EPS : Rs. 5 / 64 p ( Share Rs. 10 Paid  )

Dividend : NIL

 57 th AGM on 25/09/18 at 2:30 pm  at New Delhi

Listing Status : Suspended from BSE

Number of Shareholders  ( on 31/03/2018 )- 1052: 



==============

OLD POSTS

March 16, 2017

UP Hotels to Hold Pending AGM s on 31/03/2017

UP Hotels Limited was earlier listed on the BSE.


UP Hotels owns the flourishing chain of CLARKS group of Hotels.

www.hotelclarks.com

------------

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.
.

But some Promoters objected and filed Court Cases.

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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So , in SEBI , in December 2014 , confirmed the delisting Interim Order of 2013 , thereby  causing grave inconvenience to its shareholders in Buying /Selling its shares

SEBI order

http://www.watchoutinvestors.com/press_release/sebi/1417605244254.pdf
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Now , the National Company Law Tribunal has directed the Company to complete all pending statutory compliance for the years 2014-15, 2015-16 before 31/03/17.

55 th AGM on 31/03/2017. Record date 23/09/2016

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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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