Saj Hotels IPO GMP, Review, Price, Allotment

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Last updated on October 1, 2024

SAJ Hotels IPO GMP

Saj Hotels IPO description – Saj Hotels is engaged in the hospitality industry and provides a diverse portfolio of Business-to-Business (B2B), Business-to Business-to-Customer (B2B2C), and Business-to-Customer (B2C) offerings. These services span from traditional resort accommodation to villa rentals and restaurant and bar properties. The company focuses on providing comprehensive services to guests, including food and beverage options, recreational facilities, and event-hosting capabilities.

Saj Hotels has 3 resorts – 1 in Madhya Pradesh, and 2 in Maharashtra with a total of around 130 rooms. The hotel company is also developing villas named, ‘Saj Villas’ in Goa. These villas have a carefully curated range of 2BHK and 4BHK options for guests. Along with this it also took on lease a restaurant and bar property to operate a restaurant by the name ‘Mahe’.

The company employs around 144 people on payroll under its various departments.

Saj Hotels IPO Allotment Status

Promoters of Saj Hotels – Mr. Rahul Maganlal Timbadia, Mr. Kartik Maganlal Timbadia, and Mr. Karna Kartik Timbadia


Saj Hotels IPO Details

Saj Hotels IPO Dates27 September – 1 October 2024
Saj Hotels Issue PriceINR 65 per share
Fresh issue42,50,000 shares (INR 27.63 crore)
Offer For SaleNIL
Total IPO size42,50,000 shares (INR 27.63 crore)
Minimum bid (lot size)2,000 shares (INR 1,30,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE Emerge

Saj Hotels Financial Performance

 FY 2021FY 2022FY 2023FY 2024
Revenue8.0612.8312.7114.26
Expenses9.2610.7712.039.99
Net income(1.20)1.323.483.45
Figures in INR Crores unless specified otherwise

Saj Hotels Offer News


Saj Hotels Valuations & Margins

FY 2021FY 2022FY 2023FY 2024
EPS(1.01)1.213.002.90
PE ratio–––22.41
RONW (%)(15.93)14.8226.4319.91
NAV6.357.5011.0914.61
ROCE (%)4.1628.6434.6426..36
EBITDA (%)22.2232.1325.3645.77
Debt/Equity 1.241.180.470.17
*Compiled by IPO Central from Prospectus

Saj Hotels IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
Coming soon–––

Saj Hotels IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered20,18,00020,18,00040,36,000
1 Oct 20242.238.655.44
30 Sep 20240.352.371.36
27 Sep 20240.241.050.65

The market maker reservation portion of 2,14,000 shares is not included in the above calculations.


Saj Hotels IPO Allotment Status

Saj Hotels IPO allotment status will be available on Satellite Corporate Services’ website. Click on this link to get allotment status.


Saj Hotels IPO Dates & Listing Performance

IPO Opening Date27 September 2024
IPO Closing Date1 October 2024
Finalization of Basis of Allotment3 October 2024
Initiation of refunds4 October 2024
Transfer of shares to demat accounts4 October 2024
IPO Listing Date7 October 2024
Opening Price on NSE SMEComing soon
Closing Price on NSE SMEComing soon

Saj Hotels Offer Lead Manager

CORPWIS ADVISORS PRIVATE LIMITED
510, 5th Floor, Dilkap Chambers, Plot – A/7 Veera Desai
Road, Andheri (West), Mumbai – 400053
Phone: +91 – 22 – 4972 9990
Email: [email protected]
Website: www.corpwis.com


Saj Hotels Offer Registrar

SATELLITE CORPORATE SERVICES PRIVATE LIMITED
A 106 & 107, Dattani Plaza, East West Compound,
Andheri Kurla Road, Safed Pool Sakinaka,
Mumbai – 400072
Tel: +91 22 28520461
Email Id: [email protected]
Website: www.satellitecorporate.com


Saj Hotels Issue Contact Details

SAJ HOTELS LIMITED
Saj Hotels Limited, Office no. 102, 1st Floor,
Navkar Plaza Premises Coop Society Ltd, Bajaj Road,
Vile Parle (W), Mumbai 400056
Phone: +022-62875252
E-mail: [email protected]
Website: www.sajresort.com


IPO FAQs

What is Saj Hotels offer size?

Saj Hotels’ offer size is INR 27.63 crores.

What is Saj Hotels offer price band?

Saj Hotels’ public offer price is INR 65 per share.

What is the lot size of Saj Hotels IPO?

Saj Hotels offer lot size is 2,000 shares.

What is Saj Hotels IPO GMP today?

Saj Hotels IPO GMP today is INR NA per share.

What is Saj Hotels kostak rate today?

Saj Hotels kostak rate today is INR NA per application.

What is Saj Hotels IPO Subject to Sauda rate today?

Saj Hotels’s Subject to Sauda rate today is INR NA per application.

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