Last updated on December 19th, 2024 at 09:55 pm
Saj Hotels Limited IPO will open on September 27, 2024, and close on October 1, 2024, with a fixed issue price of ₹65 per equity share. Each share has a face value of ₹10, and investors can subscribe in lots of 2,000 shares. The total issue size is 42,50,000 equity shares, which includes a market maker portion of 2,14,000 shares. Retail investors can invest up to ₹2,00,000 in this offering.
About Saj Hotels Limited
Saj Hotels Limited is a well-established name in the hospitality industry, offering a range of luxury accommodations and services. With properties located in some of the most picturesque locations, the company caters to both leisure and business travelers. Saj Hotels is committed to providing high-quality hospitality services, making it a sought-after brand in the industry.
IPO Details
- IPO Start Date: 27th September 2024
- IPO End Date: 1st October 2024
- Issue Price: ₹65 per equity share
- Face Value: ₹10 per equity share
- Lot Size: 2000 Shares
- Total Issue Size: 42,50,000 equity shares (including Market Maker portion of 2,14,000 Equity Shares)
- Maximum Subscription for Retail Investor: ₹2,00,000
- Status: Fixed Price
GMP Price (Grey Market Premium)
Saj Hotels Limited IPO GMP is ₹0 as of today.
Promoters
| Promoter Name | Stake |
|---|---|
| Rahul Maganlal Timbadia | 93,64,000 shares (78.85%) |
| Kartik Maganlal Timbadia | 3,12,000 shares (2.63%) |
| Karna Kartik Timbadia | 3,12,000 shares (2.63%) |
| Total Promoters Shareholding | 99,88,000 shares (84.11%) |
- Revenue from Operations: ₹1,425.77 Lakhs in FY 2024, ₹1,271.37 Lakhs in FY 2023, ₹1,283.25 Lakhs in FY 2022, and ₹805.50 Lakhs in FY 2021.
- EBITDA: ₹652.57 Lakhs in FY 2024, ₹322.43 Lakhs in FY 2023, ₹412.25 Lakhs in FY 2022, and ₹178.97 Lakhs in FY 2021.
- Profit After Tax (PAT): ₹345.40 Lakhs in FY 2024, ₹347.99 Lakhs in FY 2023, ₹132.02 Lakhs in FY 2022, and -₹120.18 Lakhs in FY 2021.
- PAT Margin: 24.23% in FY 2024, 27.37% in FY 2023, 10.29% in FY 2022, and -14.92% in FY 2021.
- Debt-Equity Ratio: 0.17x in FY 2024, 0.47x in FY 2023, 1.18x in FY 2022, and 1.24x in FY 202
Important Dates
| Event | Date |
|---|---|
| Offer Start | 27th Sep 2024 |
| Offer End | 1st Oct 2024 |
| Allotment | To be announced |
| Refund Initiation | To be announced |
| Demat Transfer | To be announced |
| Listing | To be announced |
FAQs
Saj Hotels Limited IPO GMP
The GMP will be updated closer to the listing date.
Saj Hotels Limited IPO Listing Date
The expected listing date will be announced once confirmed.
Saj Hotels Limited IPO Price:
The issue price is set at ₹65 per share.
Saj Hotels Limited IPO Review:
A detailed review will be provided based on subscription data and market feedback.
Saj Hotels Limited IPO Listing Price:
The listing price will be determined on the day of listing.
