SAJ HOTELS LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO SAJ HOTELS LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
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Saj Hotels Ltd.

Saj Hotels Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹65
₹65
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹65
Based on GMP
Min. Investment
₹130,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
27 Sep 2024
Close Date
01 Oct 2024
Allotment
03 Oct 2024
Listing Date
07 Oct 2024
Exchange
NSE SME
Price Band
₹65
Listing Price
See chart
Allotment Status
Price Band
₹65
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
42,50,000 shares (aggregating up to ₹27.63 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹130,000
1 lot
Pre-IPO Holding
1,18,75,000 shares
Promoters
Post-IPO Holding
1,61,25,000 shares
Promoters
P/E (Pre)
21.7x
 
P/E (Post)
27.98x
 
EPS (Pre)
₹3.00
 
EPS (Post)
₹2.32
 
UPI Deadline
2024-10-01
Mandate
Anchor AllotmentThu, 26 Sep 2024
Basis of AllotmentThu, 03 Oct 2024
Refund InitiationFri, 04 Oct 2024
Demat CreditFri, 04 Oct 2024
Listing DayMon, 07 Oct 2024
UPI Mandate Deadline2024-10-01
Sale TypeFresh Capital
Net Offer to Public40,36,000 shares (aggregating up to ₹26.23 Cr)
Market Maker Quota2,14,000 shares (aggregating up to ₹1.39 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Saj Hotels Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 01 Oct 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
214,000
₹1.39
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
4,250,000
100% ₹27.63
IPO Shares Offered
Saj Hotels Ltd. IPO total issue size: ₹27.63 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 214,000 ₹1.39
5.04%
Total 4,250,000 ₹27.63
100.00%
* Based on upper price band ₹65 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹65.00
Upper Band
Min Investment
₹130,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹260,000
Retail (Max — 13 Lots)1326,000₹1,690,000
S-HNI (Min — 14 Lots)1428,000₹1,820,000
B-HNI (Min — 68 Lots)68136,000₹8,840,000
* Issue Price ₹65 × Lot Size 2,000 shares
IPO Schedule
Anchor
26 Sep 2024
✓ Done
IPO Open
27 Sep 2024
✓ Done
IPO Close
01 Oct 2024
✓ Done
Allotment
03 Oct 2024
✓ Done
Refunds
04 Oct 2024
✓ Done
Demat Credit
04 Oct 2024
✓ Done
Listing Day
07 Oct 2024
✓ Done
Saj Hotels Ltd. — Live Price LIVE
₹65.00
INR · NSE
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Issue ₹65.00 Live Price
About Saj Hotels Ltd.
Incorporated in February 1981, 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.Competitive StrengthsThe resort offers breathtaking views of natural beauty, including majestic mountain ranges, lush valleys, and crystal-clear lakes. These vistas inspire wonder and a connection with the Earth's beauty.The hotel offers various amenities such as restaurants, a spa, and wedding facilities. By providing these diverse options, hotels can protect against seasonal fluctuations and create memorable experiences for a broader range of guests.Experienced Management PersonnelEngaging with local communities to cultivate a mutually beneficial relationship.
Objects of the Issue
1
Capital Expenditure Requirements towards the Expansion of existing resort properties
2
Funding of working capital requirements of the Company
3
General Corporate Expenses
Saj Hotels Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹1,287.9
31 Mar 2022
₹1,282.2
31 Mar 2023
₹1,455.5
31 Mar 2024
Profit After Tax (PAT)
₹144.3
31 Mar 2022
₹355.8
31 Mar 2023
₹344.7
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 1455.49 1282.19 1287.90
EBITDA N/A N/A N/A
Profit After Tax (PAT) 344.68 355.76 144.25
Net Worth 1734.49 1316.84 891.08
Total Assets 9808.46 9892.53 9626.45
Reserves & Surplus 7721.70 8325.19 7977.20
Borrowings 291.52 614.14 1053.54
EBITDA Margin (%) N/A
PAT Margin (%) 24.23%
P/BV Ratio
5.86
RoE
19.91%
RoCE
26.36%
RoNW
19.91%
PAT Margin
24.23%
Debt/Equity
0.17
Issue Structure & Shareholding
Total Shares Offered42,50,000 (100.00%)
Net Offer to Public40,36,000 shares (aggregating up to ₹26.23 Cr)
Reserved for Market Maker2,14,000 shares (aggregating up to ₹1.39 Cr)
Pre-Issue Promoter Holding1,18,75,000 shares
Post-Issue Promoter Holding1,61,25,000 shares
P/BV Ratio5.86
RoE19.91%
RoCE26.36%
Debt / Equity0.17
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Corpwis Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Saj Hotels Ltd. IPO subscribed?

Saj Hotels Ltd. IPO is subscribed 1.00 times by Oct 01, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Saj Hotels Ltd. IPO retail subscription status?

The Saj Hotels Ltd. IPO retail category is subscribed 1.00 times as of 01 Oct 2024. The retail portion is oversubscribed.

How to subscribe Saj Hotels Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 27 Sep 2024 and closes 01 Oct 2024. Min investment: ₹130,000 (1 lot = 2,000 shares). UPI mandate: 2024-10-01.

How many times Saj Hotels Ltd. IPO subscribed?

The Saj Hotels Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Saj Hotels Ltd. IPO allotment?

Check allotment on the registrar website (Satellite Corporate Services Pvt.Ltd.) at https://www.satellitecorporate.com/ipo-query.php. Enter your PAN, application number or DP/Client ID. Allotment date: 03 Oct 2024. Refunds: on 04 Oct 2024.

When Saj Hotels Ltd. IPO will be listed?

The Saj Hotels Ltd. IPO listing date is 07 Oct 2024, Monday. Listed on: NSE SME. Issue price: ₹65. Estimated listing: ₹65. GMP: NIL.

When Saj Hotels Ltd. IPO close?

The Saj Hotels Ltd. IPO closes on 01 Oct 2024, Tuesday. UPI mandate: 2024-10-01. Allotment: 03 Oct 2024. Listing: 07 Oct 2024.