|₹75.45 / ₹27.5|
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Kamat Hotels (India) (KHIL), promoted by Mumbai based Kamat Group in 1986, operates a 245 room five star hotel 'The Orchid near Mumbai domestic airport. The company also manages two hotels -- Kamats Khandla Hotel and The Kamats Plaza. KHIL came out with its initial public offering in Oct. '94 at a premium of Rs 50 aggregating Rs 30. 60 cr and 5. 5 lac 14% NCDs of Rs 100 aggregating Rs 5. 5 cr. The issue was to expand and modernise The Kamats Plaza, by constructing 252 double rooms with additional facilities including restaurants, discotheques, health clubs, etc.