Saj Hotels Ltd launched its IPO on September 27, 2024. With its IPO segment, a fixed-price issue, the company aims to raise ₹27.63 crores through a fresh issue of 42.5 lakh shares. The IPO price is set at ₹65 per share, with a minimum lot size of 2,000 shares. The IPO allotment is expected on October 3, with the NSE SME listing set for October 7.
Saj Hotels NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | September 27, 2024 |
| IPO Closing Date | October 1, 2024 |
| Listing Date | October 7, 2024 |
| Face Value | ₹10 per share |
| Price | ₹65 per share |
| Lot Size | 2,000 shares |
| Total Issue Size | 4,250,000 shares (₹27.63 Cr) |
| Fresh Issue | 4,250,000 shares (₹27.63 Cr) |
| IPO Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Shareholding Pre-Issue | 11,875,000 shares |
Easy steps to apply for the Saj Hotels IPO!
Saj Hotels Limited| Company Overview
Incorporated in February 1981, Saj Hotels Limited operates in the hospitality industry. It offers a diverse range of services, including traditional resort accommodations, villa rentals, and restaurant and bar properties. The company aims to provide comprehensive services to ensure memorable experiences for its guests.
Saj Hotels resorts serve as versatile event venues, capable of hosting conferences, weddings, and social events.
Key IPO Details
- Saj Hotels IPO Opening Date: September 27, 2024
- Saj Hotels IPO Closing Date: October 1, 2024
- Saj Hotels Allotment Date: October 3, 2024
- Saj Hotels IPO Price Band: ₹65 per share
- Saj Hotels IPO Lot Size: 2,000 shares
- IPO Refunds Initiated: October 4, 2024
- Shares Credited to Demat: October 4, 2024
- IPO Listing Date: October 7, 2024
- Saj Hotels IPO Subscription Status: 0.16 times on September 27, 2024, 12:07:04 PM (Day 1).
Saj Hotels Ltd: Financial Highlights
Saj Hotels Limited has shown stable financial performance with a slight increase in revenue and a minor drop in profit after tax (PAT).
| Period Ended | Revenue (₹ Cr) | Profit After Tax (₹ Cr) | Net Worth (₹ Cr) |
| 31 Mar 2024 | 1,455.49 | 344.68 | 1,734.49 |
| 31 Mar 2023 | 1,282.19 | 355.76 | 1,316.84 |
| 31 Mar 2022 | 1,287.90 | 144.25 | 891.08 |
| 31 Mar 2021 | 812.14 | -120.18 | 754.46 |
FAQs | Saj Hotels Ltd IPO
Saj Hotels Ltd is a hospitality company that provides resort accommodations, villa rentals, and dining services.
The bidding date for the Saj Hotels IPO is from September 27, 2024, to October 1, 2024.
The IPO lot size for Saj Hotels is 2,000 shares.
The Saj Hotels IPO launch date is September 27, 2024, remaining open for subscription until October 1, 2024.
You can check the allotment of IPO shares through the official registrar’s website.
The IPO allotment is expected to be finalized on Thursday, October 3, 2024.
The IPO face value is set at ₹10 per share.
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