Mahindra Holidays IPP price band fixed at Rs 255-265

Mahindra Holidays & Resorts India 's Institutional Placement Programme (IPP)of equity shares would open for subscription on April 09, 2013 and close on April 09, 2013.

The price band for the issue has been fixed at Rs 255 to Rs 265.

The Company have appointed Kotak Mahindra Capital Company Limited, ICICI Securities Limited and Religare Capital Markets Limited as the Book Running Lead Managers and Kotak Securities Limited as Syndicate Member to the Issue.

On the BSE, the share of Mahindra Holidays closed at Rs 260.70, down Rs 1.60, or 0.61 percent. It has touched an intraday high of Rs 266.20 and an intraday low of Rs 255.55.There were pending buy orders of 331 shares, with no sellers available.It was trading with volumes of 1,912 shares.

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