Recently (Dated 30th Sep 08) Mahindra Holidays has again filed its DRHP (Draft Red Herring Prospectus) with the SEBI. Earlier (Dated 14th Dec 2007) also it filed DRHP with the SEBI which it withdrawn because of unfavorable market conditions.
Comparing both these prospectus .. , the number of Consumer Cases against the company has increase from 50 to 70 in these 10 months.
2008
I haven't had time to check new DRHP-what about other comparisons- the no. of rooms they have added, increase in member base etc?
ReplyDeleteNew members(79699 - 63,375)= 16,324
ReplyDeleteNew Rooms =
Kumbalgarh - 46
Thekaddy - 32
Naukutchiataal - 31
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109
Yercaud - 40 (shared with Zest)
Does not looks sufficient enough to me.
Hi Bhupesh,
ReplyDeleteI am thinking of buying a timeshare membership from Club Mahindra. You seem to have done good analysis of it. Can you suggest me if its worth it (pros & cons)?? I am planning to buy White Studio (around Rs 2.6 lacs MRP).
Thx,
Kaushal.
Mumbai.
Hi Bhupesh,
ReplyDeleteI am thinking of buying a timeshare membership from Club Mahindra. You seem to have done good analysis of it. Can you suggest me if its worth it (pros & cons)?? I am planning to buy White Studio (around Rs 2.6 lacs MRP).
Thx,
Kaushal.
Mumbai.
Hi Kaushal,
ReplyDeletePlease see this new post
http://what-goes-in-my-mind.blogspot.com/2008/12/before-considering-club-mahindra.html
Some more pints:
You are buying White membership so you will not be able to book holiday in higher season (Red and Purple season). You will be able to book only in ~30 weeks of a year.
Technically you can book in Red season but practically it is impossible to book in higher season.
Even if you have decided to buy it buy it in second sales.