India Hospitality Corporation's mission is to acquire and successfully operate Indian businesses or assets in the hospitality, leisure, tourism, travel and related industries, including but not limited to hotels, resorts, timeshares, serviced apartments and restaurants.
In August 2006, India Hospitality Corp. raised US $103 million in an IPO and private placement and is listed on AIM, a market operated by London Stock Exchange plc, under the ticker IHC. In July 2007, IHC closed on the acquisition from Navis Capital Partners and its Affiliates of India-based Mars Restaurants Private Limited, an emerging hotel and restaurant company, and SkyGourmet Catering Private Limited, an airline catering company with 1,700 employees operating out of four locations in India.
In December 2007, in order to fund strategic growth initiatives, Hayground Cove and Navis Capital jointly invested US $28 million of additional capital in IHC, bringing their total invested capital to US $56 million. Following such reinvestment, Hayground Cove and Navis own approximately 54% of India Hospitality.
When did India Hospitality Corp. become a public company? Where is it incorporated?
The company went public in August 2006. IHC is an exempted company incorporated with limited liability under the laws of the Cayman Islands.
What is the company's place of registration, reg. number, and registered office address?
Place of Registration: Grand Cayman, Cayman Islands
Registered Number:
OG-167 402
Registered Office Address:
Queensgate House
113 South Church Street
PO Box 1234
Grand Cayman KY1-1108, Cayman Islands
What is IHC's primary business address?
Off International Airport Approach Road
Marol, Andheri (east)
Mumbai 400 059
Who are IHC's Nominated Advisors (NOMAD) and key advisers?
NOMAD:
Deutsche Bank AG London
Winchester House
1 Great Winchester Street
London
EC2N 2DB
US Advisors Proskauer Rose LLP
1585 Broadway
New York, NY 10036-8299
UK Advisors Travers Smith
10 Snow Hill
London EC1A 2AL
Does IHC offer a Direct Stock Purchase Plan?
No
What is India Hospitality Corp. ticker symbol and SEDOL number?
Our stock trades on the London Stock Exchange's Alternative Investment Market (AIM) under the symbol "IHC."
SEDOL: B16G1G1 GB
India Hospitality also has warrants that trade under the symbol "IHCW" on the AIM
Who is India Hospitality's transfer agent?
Capita IRG (Offshore) Limited
Victoria Chambers
Liberation Square
1/3 The Esplanade
St. Helier, Jersey
Can you explain India Hospitality's transactions on Mars and SkyGourmet?
In June 2007, IHC announced the acquisition of Mars and SkyGourmet for approximately US $110 million. IHC was formed as a Special Purpose Acquisition Corporation (SPAC) to initially pursue partnerships only of an Indian business, businesses or assets focused on the hospitality, leisure, tourism, travel and related industries, including but not limited to hotels, resorts, timeshares, serviced apartments and restaurants. Mars is a restaurant company based in Mumbai that operates or manages several different brands that cater to multiple market segments. Mars also owns and operates a Gordon House Hotel in Mumbai. SkyGourmet is an airline catering company that is closely tied to the growth of the airline industry and leisure and business traveler in general.
show all
hide all