Saj Hotels IPO Details | Bidding Dates, Price Band and Lot Size

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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

DetailInformation
IPO Opening DateSeptember 27, 2024
IPO Closing DateOctober 1, 2024
Listing DateOctober 7, 2024
Face Value₹10 per share
Price₹65 per share
Lot Size2,000 shares
Total Issue Size4,250,000 shares (₹27.63 Cr)
Fresh Issue4,250,000 shares (₹27.63 Cr)
IPO TypeFixed Price Issue IPO
Listing AtNSE SME
Shareholding Pre-Issue11,875,000 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 EndedRevenue (₹ Cr)Profit After Tax (₹ Cr)Net Worth (₹ Cr)
31 Mar 20241,455.49344.681,734.49
31 Mar 20231,282.19355.761,316.84
31 Mar 20221,287.90144.25891.08
31 Mar 2021812.14-120.18754.46

FAQs | Saj Hotels Ltd IPO

What is Saj Hotels Ltd?

Saj Hotels Ltd is a hospitality company that provides resort accommodations, villa rentals, and dining services.

When is the Saj Hotels IPO bidding date?

The bidding date for the Saj Hotels IPO is from September 27, 2024, to October 1, 2024.

What is the IPO lot size for Saj Hotels?

The IPO lot size for Saj Hotels is 2,000 shares.

What is the IPO launch date for Saj Hotels?

The Saj Hotels IPO launch date is September 27, 2024, remaining open for subscription until October 1, 2024.

How can I check the IPO allotment status for Saj Hotels?

You can check the allotment of IPO shares through the official registrar’s website.

What is the expected IPO allotment time for Saj Hotels?

The IPO allotment is expected to be finalized on Thursday, October 3, 2024.

What is the IPO face value for Saj Hotels?

The IPO face value is set at ₹10 per share.

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