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Saj Hotels Ltd. IPO
NSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹65
Issue Price
₹65
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹65
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹130,000
1 lot · 2,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
27 Sep 2024
Fri Completed
Done
Close Date
01 Oct 2024
Tue Completed
Done
Allotment
03 Oct 2024
Thu Completed
Done
Refund
04 Oct 2024
Fri Completed
Done
Demat Credit
04 Oct 2024
Fri Completed
Done
Listing Date
07 Oct 2024
Mon Completed
UPI Deadline: 01 Oct 2024
Issue Details
Pricing & Size
Issue Price
₹65 Face ₹10
Lot Size
2,000 shares
Min Investment
₹130,000
Total Issue Size
42,50,000 shares (aggregating up to ₹27.63 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,14,000 (5.04%)
QIB Portion
-
NII / HNI
20,18,000 (47.48%)
Retail
20,18,000 (47.48%)
Employee
-
Net Offer to Public
40,36,000 shares (aggregating up to ₹26.23 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,18,75,000 shares
Post-Issue Shareholding
1,61,25,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,30,000
HNI / NII 2 4,000 ₹2,60,000
Objects of Issue
3 objectives
1
Capital Expenditure Requirements towards the Expansion of existing resort properties
2
Funding of working capital requirements of the Company
3
General Corporate Expenses
Lead Managers & Market Maker
Book Running Lead Managers
Corpwis Advisors Pvt.Ltd.
Market Maker
NNM Securities Pvt.Ltd
IPO Timeline
Open
27 Sep
✓ Done
Close
01 Oct
✓ Done
Allotment
03 Oct
✓ Done
Listing
07 Oct
✓ Done
Registrar Details
Satellite Corporate Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22- 28520461/462
Email
service@satellitecorporate.com
Company Contact
Email
secretarial@sajresort.in
Phone
022-62875252
Address
Saj on the Mountains, Survey number 18 Mahabaleshwar Panchgani Road Satara, Maharashtra, 412806
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹65
Est. Listing
₹65
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Saj Hotels Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
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52W L
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| Price
Market Reference
IPO Issue Price
₹65
GMP
+₹0 (+0%)
GMP Est. Listing
₹65
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 20,18,000 (47.48%) ₹1,311.70 Cr
Retail Investors 20,18,000 (47.48%) ₹1,311.70 Cr
Total ** 42,50,000 (100.00%) ₹27,625.00 Cr
Market Maker * 2,14,000 (5.04%) ₹13.91 Cr
* Based on ₹65.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
20,18,000 (47.48%)
Retail
20,18,000 (47.48%)
Market Maker
2,14,000 (5.04%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 Mar 202431 Mar 202331 Mar 2022
Revenue1455.491282.191287.90
PAT344.68355.76144.25
EBITDA
Net Worth1734.491316.84891.08
Total Assets9808.469892.539626.45
Reserves7721.708325.197977.20
Borrowings291.52614.141053.54
Key Financial Ratios
19.91%
ROE
Return on Equity
26.36%
ROCE
Return on Capital Employed
19.91%
RONW
Return on Net Worth
24.23%
PAT Margin
PAT / Revenue
0.17
D/E Ratio
Debt to Equity
5.86
P/BV
Price to Book Value
3.00
Pre EPS
EPS Pre-Issue
2.32
Post EPS
EPS Post-Issue
21.7
Pre P/E
P/E Pre-Issue
27.98
Post P/E
P/E Post-Issue
About Saj Hotels Ltd.

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 diverse options, hotels can protect against seasonal fluctuations and create memorable experiences for a broader range of guests.
  • Experienced Management Personnel
  • Engaging with local communities to cultivate a mutually beneficial relationship.
Frequently Asked Questions
What is the issue price of Saj Hotels Ltd. IPO?
The issue price of Saj Hotels Ltd. IPO is ₹65 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹130,000.
What are the IPO dates?
Opens 27 Sep 2024, closes 01 Oct 2024.
When is the listing date?
Tentative listing: 07 Oct 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹65 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Saj Hotels Ltd. IPO · Expected 03 Oct 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
03 Oct 2024
Refund Initiation
04 Oct 2024
Demat Credit
04 Oct 2024
Listing Date
07 Oct 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹65
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹130,000
1 lot
Est. Listing
₹65
GMP +₹0
Key Dates
Open
27 Sep Done
Close
01 Oct Done
Listing
07 Oct Done
Registrar
Satellite Corporate Services Pvt.Ltd.
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