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Open
27 Sep to 1 Oct, 2024
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Close
27 Sep to 1 Oct, 2024
3
Allotment
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Listing
Mon, Oct 7, 2024
Price Band
₹65 per share
Issue Size
42,50,000 shares (agg. up to ₹28 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, Oct 7, 2024
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
07-10-2024₹0Est. ₹65+0%
06-10-2024₹0Est. ₹65+0%
05-10-2024₹0Est. ₹65+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.39x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 98.08 | 98.93 | 96.26 | 32.86 |
| Total Income | 14.55 | 12.82 | 12.88 | 8.12 |
| Profit After Tax | 3.45 | 3.56 | 1.44 | -1.20 |
| NET Worth | 17.34 | 13.17 | 8.91 | 7.54 |
| Reserves and Surplus | 77.22 | 83.25 | 79.77 | 17.49 |
| Total Borrowing | 2.92 | 6.14 | 10.54 | 9.39 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Juniper Hotels Ltd. | Mainboard | ₹1,800.00 Cr | ₹360 | null | ₹401.50 | +11.53% | ₹194.97 (-0.99%) |
| Apeejay Surrendra Park Hotels Ltd. | Mainboard | ₹920.00 Cr | ₹155 | 56.33 | ₹203.55 | +31.32% | ₹128.67 (-0.96%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure requirements towards expansion of existing resort properties | 17.00 |
| 2 | Funding of working capital requirements of the Company | 4.00 |
| 3 | General Corporate Expenses | 3.33 |
About Saj Hotels IPO
Incorporated in February 1981, Saj Hotels Limited operates in the hospitality industry, offering a diverse range of services, including traditional resort accommodations, villa rentals, and restaurant and bar properties. The company provides comprehensive services to ensure a memorable experience for our guests. The company offers a range of accommodation options across various destinations, each tailored to provide comfort and convenience. The company owns or leases three resort properties. Two are managed and operated by Saj, while one is leased to others. The resorts are versatile event venues, capable of hosting conferences, weddings, and social events. The company has invested 50% in My Own Rooms Dot In Private Limited, expanding its reach and diversifying its hospitality portfolio. As of May 2024, the company has 144 employees in various departments. Competitive Strengths The resort offers breathtaking views of natural beauty, including majestic mountain ranges, lush valleys, and crystal-clear lakes. These vistas inspire wonder and a connection with the Earth's beauty. The hotel offers various amenities such as restaurants, a spa, and wedding facilities. By providing these di
Contact Details
Saj Hotels Ltd. AddressSaj on the Mountains, Survey number 18MahabaleshwarPanchgani RoadSatara, Maharashtra, 412806022-62875252secretarial@sajresort.inVisit Website