Saj Hotels IPO

Listed Listed stocks

Saj Hotels IPO Details

  • Bidding Date

    27-Sep-2024 to
    01-Oct-2024

  • Issue Size

    ₹27.63 Cr

  • Price Band

    ₹65

  • Allotment date

    03-Oct-2024

  • Listing date

    07-Oct-2024

  • Lot size

    2000

  • No. of shares

    42,50,000

  • Fresh issue/OFS

    ₹27.63 Cr /--

About Saj Hotels Company

Saj Hotels Ltd operates in the hospitality industry, offering a variety of accommodation options and hospitality services through Business-to-Business (B2B), Business-to-Business-to-Customer (B2B2C), and Business-to-Customer (B2C) models. The company manages resorts, villa rentals, and restaurant/bar properties across several destinations. The company was established in 1981 with its first property, Saj on the Mountain in Mahabaleshwar. Over the years, the company expanded its operations, acquiring additional properties such as Saj by the Lake in Malshej in 2016 and Saj in the Forest in Pench in 2023. The company also invested in villa developments in Goa under the name Saj Villas and ventured into restaurant management through a sub-leased property in Anjuna, Goa. Its offerings include well-appointed accommodations, dining options, spa facilities, and event hosting services. It also provides ancillary services such as recreational activities, catering to both local and international clientele. The company’s resorts serve as venues for events such as conferences, weddings, and social gatherings, with a focus on delivering memorable guest experiences.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    5.2x

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FAQs for Saj Hotels IPO.

The issue size of Saj Hotels is ₹27.63 Cr.

Saj Hotels falls into Hotels, Resorts & Cruise Lines industry.

The Saj Hotels IPO will be listed on BSE.

The open and close dates for the Saj Hotels are 27-Sep-2024 & 01-Oct-2024.

The price band for the Saj Hotels ipo is ₹65

The listing date of Saj Hotels IPO is 07-Oct-2024.

The purpose of this IPO is to raise fresh capital.

Saj Hotels total subscription ratio is 5.2X.

Key financial of the Saj Hotels are:


Saj Hotels FY-24 FY-23 FY-22
Revenue (₹ Cr) 14.26 12.71 12.83
EBIT (₹ Cr) 2.13 0.9 2.66
Proft after Tax (₹ Cr) 4.92 3.56 1.44
Debt (₹ Cr) 2.92 6.14 10.54
Net Worth (₹ Cr) 89.09 85.63 82.15
RoE (%) 5.53 4.15 1.76