The Saj Hotel Limited is located in Saj on the Mountains, Survey number 18, Mahabaleshwar Panchgani Road, Mahabaleshwar, Satara, Maharashtra – 412806 and engaged in the Hospitality industry. The firm provides a diverse portfolio of Business-to-Business (B2B), Business-toBusiness-to-Customer (B2B2C) and Business-to-Customer (B2C) hospitality offerings, spanning from traditional resort accommodation to villa rentals and restaurant and bar properties.

This hotel’s focus is on providing comprehensive services to guests, including food and beverage options, recreational facilities and event hosting capabilities, reflecting a commitment to ensuring a memorable experience for our visitors. We offer a range of accommodation options across various destinations, each tailored to provide comfort and convenience.

Saj Hotels IPO price band is ₹65 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Saj Hotels IPO to list on NSE on October 7, 2024. The allotment of Saj Hotels IPO date is October 3, 2024.

The company reported revenue of ₹12.71 crores in 2023 against ₹12.83 crore in 2022. The company reported profit of ₹3.48 crores in 2023 against profit of ₹1.32 crores in 2022. As per the financials the IPO investors should apply the IPO for a long term.

Saj Hotels IPO Dates

The Saj Hotels IPO date is September 27 and the close date is October 1. The Saj Hotels IPO allotment will be finalized on October 4 and the IPO listing on October 7.

IPO Open Date:September 27, 2024
IPO Close Date:October 1, 2024
Basis of Allotment:October 3, 2024
Refunds:October 4, 2024
Credit to Demat Account:October 4, 2024
IPO Listing Date:October 7, 2024

Saj Hotels IPO Details

IPO Open Date:September 27, 2024
IPO Close Date:October 1, 2024
Face Value:₹10 Per Equity Share
IPO Price Band:₹65 Per Share
Issue Size:Approx ₹27.63 Crores
Fresh Issue:Approx ₹27.63 Crores
Issue Type:Book Built Issue
IPO Listing:NSE SME
Retail Quota:Not more than 50%
QIB Quota:Not more than 00%
NII Quota:Not more than 50%

Saj Hotels IPO Market Lot

The Saj Hotels IPO minimum market lot is 2000 shares with ₹130,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum12,000₹130,000
Retail Maximum12,000₹130,000
HNI Minimum24,000₹260,000

Saj Hotels Financial Performance

 FY 2021FY 2022FY 2023FY 2024
Revenue8.0612.8312.7114.26
Expenses9.2610.7712.039.99
Net income1.201.323.483.45

Categorized in:

IPO,

Last Update: September 20, 2024