The upcoming Saj Hotels Limited Initial Public Offering (IPO) has caught the attention of investors looking to tap into the booming hospitality sector. With its premium properties and strong market presence, Saj Hotels is preparing to offer shares to the public, providing an opportunity for investors to be part of its growth story.
Let’s review the key details of the Saj Hotels Limited IPO SME, including the issue dates, price, and lot size, so you can make an informed IPO investment decision.
Here’s a quick summary of Saj Hotels Limited IPO details:
Particulars | Details |
Saj Hotels Limited IPO opening date | Friday, September 27, 2024 |
Saj Hotels Limited IPO closing date | Tuesday, October 1, 2024 |
Price band | ₹65 per share |
Issue size | 4,250,000 shares(aggregating up to ₹27.63 Cr) |
Lot size | 2000 Shares |
Face value | ₹10 per share |
The Saj Hotels Limited IPO will offer shares in specific lot sizes, making it accessible to retail investors.
Category | Details |
Saj Hotels Limited IPO price band | ₹65 per share |
Retail minimum investment | ₹130,000 |
Retail maximum investment | ₹130,000 |
HNI (Min) | ₹260,000 |
Event | Date |
Saj Hotels Limited IPO open date | Friday, September 27, 2024 |
Saj Hotels Limited IPO close date | Tuesday, October 1, 2024 |
Basis of allotment | Thursday, October 3, 2024 |
Initiation of refunds | Friday, October 4, 2024 |
Credit of shares | Friday, October 4, 2024 |
Listing date | Monday, October 7, 2024 |
Saj Hotels Limited is a premium hotel chain known for its luxury properties in key tourist destinations across India. With a strong emphasis on customer experience, Saj Hotels has grown its brand by offering top-notch amenities and personalised services. The company has strategically expanded its footprint in both urban and resort locations, catering to leisure and business travellers alike.
Here’s a snapshot of Saj Hotels Limited’s financial performance over the last few years:
Metric | FY 2024 | FY 2023 | FY 2022 |
Revenue | 1,455.49 | 1,282.19 | 1,287.90 |
Profit after tax | 344.68 | 355.76 | 144.25 |
Net worth | 1,734.49 | 1,316.84 | 891.08 |
Assets | 9,808.46 | 9,892.53 | 9,626.45 |
Amount in ₹ Lakhs
The Saj Hotels Limited IPO shows promising strengths that are attracting investor attention, as reflected in the Saj Hotels Limited IPO GMP (Grey Market Premium). These strengths highlight the company’s solid financial standing and growth potential within the hospitality sector.
While the Saj Hotels Limited IPO has its strengths, potential challenges remain, which are reflected in the Saj Hotels Limited IPO GMP. These challenges include market volatility and competition in the hospitality sector, which may impact investor sentiment.
Investing in Saj Hotels Limited IPO can be a promising opportunity for those looking to tap into the growing hospitality industry. With its strong brand, experienced management, and solid financials, Saj Hotels is well-positioned to continue its growth trajectory.
However, potential investors should be mindful of the competitive landscape and the economic factors that could impact the business of the upcoming IPOs. It is advisable to evaluate your financial goals and consult with a financial advisor before making any investment decisions.
The Saj Hotels IPO will open on September 27, 2024, and close on October 1, 2024, for both Retail and Non-Institutional Investors (NII).
The minimum lot size for Saj Hotels IPO is 2,000 shares, requiring an investment of ₹130,000.
The basis of allotment for Saj Hotels IPO will be finalised by October 3, 2024.
The shares of Saj Hotels Limited will be listed on NSE SME on October 7, 2024.