Saj Hotels Limited IPO
NSE SMEListed On: Oct 7, 2024 at ₹ 55.0
₹ 130000 /2000 Shares
Check AllotmentExp. Premium is derived from market rumors and internet sources. It does not reflect the actual IPO listing price or value. Please review the RHP and consult a financial advisor before investing.
27 Sep, 2024
Open Date01 Oct, 2024
Close Date03 Oct, 2024
Allotment Date07 Oct, 2024
Listing DateIssue Price
₹65 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Satellite Corporate Services Private LimitedList Price
55.0Listing Date
2024-10-07Market Lot
2000 Shares (₹130,000/-)Lead Manager
Corpwis Advisors Private LimitedIssue Size
4,250,000 shares(aggregating up to ₹27.63 Cr)Retail Portion
50%Subscription
5.46 timesSaj Hotels IPO Subscription Details
As on | QIB / NII | Retail | Total |
---|---|---|---|
Shares Offered / Reserved | 2,018,000 | 2,018,000 | 4,036,000 |
Day 1 - 27-09-24 06:00 PM | 0.24 x | 1.11 x | 0.67 x |
Day 2 - 30-09-24 06:00 PM | 0.25 x | 2.43 x | 1.34 x |
Day 3 - 01-10-24 06:00 PM | 2.12 x | 8.65 x | 5.46 x |
Saj Hotels Valuations
EPS Pre IPO
₹3.0/-EPS Post IPO
₹2.32/-P/E Pre IPO
21.7P/E Post IPO
27.98RoNW
19.91%Saj Hotels Company Financials All values are in ₹ Lakh
31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
---|---|---|---|
Assets | 9,808.46 | 9,892.53 | 9,626.45 |
Revenue | 1,455.49 | 1,282.19 | 1,287.90 |
Profit After Tax | 344.68 | 355.76 | 144.25 |
About The Company
Saj Hotels Limited operates in the hospitality industry, offering a diverse range of services, including traditional resort accommodations, villa rentals, and restaurant and bar properties. The company provides comprehensive services to ensure a memorable experience for our guests.
The company offers a range of accommodation options across various destinations, each tailored to provide comfort and convenience.The company owns or leases three resort properties. Two are managed and operated by Saj, while one is leased to others.The resorts are versatile event venues, capable of hosting conferences, weddings, and social events.
The company has invested 50% in My Own Rooms Dot In Private Limited, expanding its reach and diversifying its hospitality portfolio.As of May 2024, the company has 144 employees in various departments.
Saj Hotels - Promoter(s)
Pre Issue Share Holding: 84.12%
Post Issue Share Holding: 61.94%
- Rahul Maganlal Timbadia
- Kartik Maganlal Timbadia
- Karna Kartik Timbadia
Saj Hotels IPO - Issue Objectives
- Capital Expenditure Requirements towards the Expansion of existing resort properties
- Funding of working capital requirements of the Company
- General Corporate Expenses
Saj Hotels IPO - FAQs
Ans. Saj Hotels Limited IPO is a SME IPO. The issue is priced at ₹65 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Sep 27, 2024, and closes on Oct 1, 2024. Satellite Corporate Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Saj Hotels Limited IPO opens on Sep 27, 2024 and closes on Oct 1, 2024.
Ans. The size of Saj Hotels Limited IPO is 4,250,000 shares(aggregating up to ₹27.63 Cr).
Ans. The IPO price band is set between ₹65 per equity share.
Ans. To apply for Saj Hotels Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Saj Hotels Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Saj Hotels Limited IPO is Oct 3, 2024.
Ans. The Saj Hotels Limited IPO will be listed on Oct 7, 2024.
Ans. Follow the steps to check the allotment status for Saj Hotels Limited IPO here.