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  #1  
27th February 2016, 05:14 PM
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ITDC Offer for Sale

Hello Buddy , I want to Get information about India Tourism Development Corporation New Offer for Sale , Can you plz Provide me Details ?
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  #2  
27th February 2016, 05:15 PM
Super Moderator
 
Join Date: May 2012
Re: ITDC Offer for Sale

Indian Tourism Development Corporation Ltd (ITDC) is Coming Out with Offer for Sale ( OFS) on August 02, 2013.

This Issue would be available only for ONE day.

This Announcement is Neither a Prospectus nor an offer or an Invitation for sale of shares, Securities or Debentures to the public.

Properties Offered ;


In the fourth tranche of the Restructuring and Disinvestment Programme, the following properties have been selected for which brief details are provided below.

Properties offered for sale:

Property Name
Location
Category/No. of Rooms
Approx. Area

(Acres)

Hotel Kanishka
New Delhi
Classic – 317 rooms
2.40

Hotel Ranjit
New Delhi
3.70


Hotel Indraprastha (Ashok Yatri Niwas)
New Delhi
Comfort – 558 rooms
2.50

5 Star Hotel Project
Chandigarh
Elite – 130 rooms (Under implementation)
2.91

Hotel Varanasi Ashok
Varanasi
Classic – 88 rooms
9.50

1 Acre = 4046.9 sq. Metres

Pre-Qualification Criteria

Entities submitting an EOI for the above hotel properties should have a minimum combined net worth of the following amounts as at the latest audited balance sheet date.

Properties at serial nos. 1 and 2 – Rs. 350 million
Properties at serial nos. 3 and 4 – Rs. 100 million
Property at serial nos. 5 – Rs. 50 million

Processing Fee :

Rs. 1,00,000/- (Rupees One lakh only) each for properties at serial nos. 1 and 2
Rs. 40,000/- (Rupees Forty Thousand only) each for properties at serial nos. 3 through 5

Combined Area of Kanishka and Indraprastha: 4.9 Acres (Approx )

Accommodation

Type
No of rooms

Suites
17

Studio rooms
84

Doubles
53

Twins
163

Total
317

Dining facilities

Chinese restaurant
Multi-cuisine restaurant
24 hour coffee shop
Tea lounge
Cocktail bar
Rooftop bar

Banquet and other facilities

Banquet hall - 225 pax –(Theatre style)
Party room - 25 pax (Theatre style)
Party room (rooftop) - 50 pax (Theatre style)
Swimming pool
Shopping facility


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