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About Kamat Hotels (India)
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. The estimated project cost was Rs 111.76 cr.
The company has commenced a new tour and travel division, and also started a hotel and catering institute in Bombay. KHIL has entered into an MoU for managing a 94-room residential hotel at Bandra with conference and other facilities but this Bandra project has been rescheduled due to slackness in the development at the Bandra-Kurla complex. KHIL has purchased 25 acres of land at Kumarakum, Kerala for a resort.
Asia's first Ecofriendly certified five star hotel "The Orchid" of the company, became fully operational with an 245 rooms during the year 1999-2000. "The Orchid" has won prestigious award like the Ecotel Industry Pioneer Status 1999 Award, Green Globe Achievement Award 2000, IH & RA Green Hotelier & Restaurateur Environmental Award 1999 for outstanding contribution to sustainable tourism.
The company has also entered into an contract for managing Hotel Siddharth, a 32 room hotel at Nashik, Maharashtra for 35 years. The Building plans for Hotel Siddharth at Nasik have been submitted to the Municipal Corporation for renovation and redevelopment.
Parent Organisation
Indian Private
Managing Director
Vithal V Kamat
Founded
1986
NSE Symbol
KAMATHOTEL
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10th July, 2024
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Kamat Hotels India Ltd FAQs
What is the share price of Kamat Hotels India Ltd (KAMATHOTEL) shares?
Kamat Hotels India Ltd (KAMATHOTEL) share price as of October 9, 2024, on NSE is Rs 192.06 (NSE) and Rs 192.06 (BSE) on BSE.
Can I buy Kamat Hotels India Ltd (KAMATHOTEL) from Angel One?
Yes, You can buy Kamat Hotels India Ltd (KAMATHOTEL) shares by opening a Demat account with Angel One.
How do I buy Kamat Hotels India Ltd (KAMATHOTEL) from Angel One?
Kamat Hotels India Ltd (KAMATHOTEL) share can be bought through the following modes:
1. Direct investment: You can buy Kamat Hotels India Ltd (KAMATHOTEL) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Kamat Hotels India Ltd (KAMATHOTEL) shares.
1. Direct investment: You can buy Kamat Hotels India Ltd (KAMATHOTEL) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Kamat Hotels India Ltd (KAMATHOTEL) shares.
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