Saj Hotels IPO Details
| IPO Issue Open Date: | 27 September 2024 |
| IPO Issue Close Date: | 1 October 2024 |
| IPO Issue Price Band: | ₹65 per share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹27.63 Crores | 4,250,000 shares |
| Fresh Issue: | ₹27.63 Crores | 4,250,000 shares |
| Offer for Sale: | ₹[.] Crores |
| Issue Type: | Fixed Price Issue IPO |
| IPO Listing At: | NSE SME |
| IPO Retail Quota: | Not more than 50% |
| QIB Quota: | Not more than 00% |
| NII Quota: | Not more than 50% |
| Employee Discount: | ₹[.] per share |
Saj Hotels IPO Prospectus:
Checkout the Saj Hotels Limited IPO Prospectus of DRHP and RHP file.
| DRHP Draft Prospectus: | Click Here |
| DRHP Draft Prospectus: | Click Here |
Saj Hotels IPO Dates Timeline
Get the tentative dates and schedule for latest IPO Saj Hotels Limited IPO are open and close date, allotment status, refunds, and listing details
| Issue Open Date: | 27 September 2024 |
| Issue Close Date: | 1 October 2024 |
| Basis of Allotment Date: | 3 October 2024 |
| Refunds Initiation: | 4 October 2024 |
| Shares Credit in Demat: | 4 October 2024 |
| IPO Listing Date Detail: | 7 October 2024 |
Saj Hotels IPO Market Lot
You can bid for a minimum of 2000 shares and maximum 4000 shares in retail investors section, Also you can check HNI investors section for minimum and maximum in terms of shares and amount.
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 2000 shares = ₹130,000 |
| Retail (Max) | 1 lots and 2000 shares = ₹130,000 |
| HNI (Min) | 2 lots and 4000 shares = ₹260,000 |
| B-HNI Minimum | – |
Saj Hotels IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹- | ₹- | ₹- | ₹- |
About Saj Hotels Limited
To be Updated Soon
Saj Hotels IPO Strengths
To Be Updated Soon
Objects of the IPO Issue
- Capital Expenditure Requirements towards the Expansion of existing resort properties
- Funding of working capital requirements of the Company
- General Corporate Expenses
Saj Hotels Company Financial Report
The company reported revenue of ₹14.56 crores in 2024 against ₹12.82 crores in 2023. The company reported a profit of ₹3.45 crores in 2024 against a loss of ₹3.56 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2021 | ₹8.12 | ₹9.26 | ₹1.20 | ₹32.86 |
| 2022 | ₹12.88 | ₹10.77 | ₹1.44 | ₹96.27 |
| 2023 | ₹12.82 | ₹12.03 | ₹3.56 | ₹98.93 |
| 2024 | ₹14.56 | ₹9.99 | ₹3.45 | ₹98.09 |
Saj Hotels IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | 19.91% |
| ROCE: | 26.36% |
| EBITDA Margin: | 45.77% |
| PAT Margin: | 24.23% |
| Debt to equity ratio: | 0.17 |
| Earning Per Share (EPS): | ₹2.90 (Basic) |
| Price/Earning P/E Ratio: | 22.41 |
| Return on Net Worth (RoNW): | 19.91% |
| Net Asset Value (NAV): | ₹14.61 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Royale Manor Hotels | 2.21 | 20.59 | 7.67% | 29.37 | – Cr. |
| Jindal Hotels | 3.43 | 33.90 | 11.97% | 30.40 | – Cr. |
Saj Hotels Registrar
Satellite Corporate Services Private Limited
Phone: 04067162222, 04079611000
Email: service@satellitecorporate.com
Website: https://www.satellitecorporate.com/ipo-query.php
Saj Hotels IPO Lead Manager
- Corpwis Advisors Private Limited (Past IPO Performance)
Saj Hotels Limited IPO allotment status check on Link Intime website. Click on Satellite Corporate Services Private Limited to get allotment status.
Promoters of Saj Hotels
- Rahul Maganlal Timbadia
- Kartik Maganlal Timbadia
- Karna Kartik Timbadia
Company Address
Saj Hotels Limited
Saj on the Mountains, Survey number 18,
Mahabaleshwar Panchgani Road,
Mahabaleshwar, Satara,� 412806
Phone: 022-62875252
Email: secretarial@sajresort.in
Website: https://www.sajresort.com/
Saj Hotels FAQs
What is Saj Hotels Limited IPO Detail?
Saj Hotels IPO is a main-board IPO. The company is going to raise ₹27.63 Crores via IPO. The issue is priced at ₹65 pr equity share. The IPO is to be listed on NSE.
How to Apply Saj Hotels IPO Online?
You can apply for Saj Hotels via ASBA online via your bank account/net banking and UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form and Apply IPO online through Zerodha, Upstox, 5Paisa, ICICI Bank, HDFC Bank and SBI Bank.
When Saj Hotels IPO will open?
The IPO is to open on 27 September 2024 for QIB, NII, and Retail Investors. The IPO will close on 1 October 2024.
What is Saj Hotels IPO Investors Portion?
The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.
What is Saj Hotels IPO Size?
Saj Hotels Limited issue size is ₹27.63 crores.
What is Saj Hotels IPO Price Band?
Saj Hotels Limited IPO Price Band is ₹65 per share.
What is the Lot Size of Saj Hotels IPO?
The Saj Hotels Limited IPO minimum bid size is2000 Shares with ₹130,000 amount.
What is the Saj Hotels IPO Allotment Date?
Saj Hotels IPO allotment date is 3 October, 2024.
What is the Saj Hotels IPO Listing Date?
Saj Hotels Limited IPO listing date is 7 October, 2024. The IPO is to list on NSE.