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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.

Saj Hotels Limited IPO details

Here’s a quick summary of Saj Hotels Limited IPO details:

ParticularsDetails
Saj Hotels Limited IPO opening dateFriday, September 27, 2024
Saj Hotels Limited IPO closing dateTuesday, October 1, 2024
Price band₹65 per share
Issue size4,250,000 shares(aggregating up to ₹27.63 Cr)
Lot size2000 Shares
Face value₹10 per share

Saj Hotels Limited IPO review

The Saj Hotels Limited IPO will offer shares in specific lot sizes, making it accessible to retail investors.

CategoryDetails
Saj Hotels Limited IPO price band₹65 per share
Retail minimum investment₹130,000
Retail maximum investment₹130,000
HNI (Min)₹260,000

Saj Hotels Limited IPO timeline

Event Date
Saj Hotels Limited IPO open dateFriday, September 27, 2024
Saj Hotels Limited IPO close dateTuesday, October 1, 2024
Basis of allotmentThursday, October 3, 2024
Initiation of refundsFriday, October 4, 2024
Credit of sharesFriday, October 4, 2024
Listing dateMonday, October 7, 2024

About Saj Hotels Limited

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.

Saj Hotels Limited financials

Here’s a snapshot of Saj Hotels Limited’s financial performance over the last few years:

MetricFY 2024FY 2023FY 2022
Revenue1,455.491,282.191,287.90
Profit after tax344.68355.76144.25
Net worth1,734.491,316.84891.08
Assets9,808.469,892.539,626.45

Amount in ₹ Lakhs

Saj Hotels Limited IPO highlights: Strengths

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.

  1. Strong market presence: Saj Hotels operates in prime tourist destinations, ensuring a steady influx of customers year-round.
  2. Premium brand positioning: The brand is synonymous with luxury and comfort, attracting high-end customers.
  3. Experienced management: Saj Hotels’ leadership team has decades of experience in the hospitality industry.
  4. Solid financials: Consistent revenue growth and strong profit margins are indicative of the company’s robust business model.

Saj Hotels Limited IPO highlights: Challenges

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.

  1. High competition: The hospitality sector is highly competitive, with several established brands and new entrants vying for market share.
  2. Economic sensitivity: The hotel industry is sensitive to economic cycles, and any downturn can impact the company’s profitability.
  3. Seasonality: A significant portion of the company’s revenues is dependent on peak tourist seasons, which could affect revenue stability.

Should you invest in the Saj Hotels Limited IPO?

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.

FAQs

  1. When will Saj Hotels Limited IPO open for subscription?

The Saj Hotels IPO will open on September 27, 2024, and close on October 1, 2024, for both Retail and Non-Institutional Investors (NII).

  1. What is the lot size for Saj Hotels Limited IPO? 

The minimum lot size for Saj Hotels IPO is 2,000 shares, requiring an investment of ₹130,000.

  1. When will the allotment of Saj Hotels Limited IPO be announced?

The basis of allotment for Saj Hotels IPO will be finalised by October 3, 2024.

  1. What is the listing date of Saj Hotels Limited IPO?

The shares of Saj Hotels Limited will be listed on NSE SME on October 7, 2024.