Samhi Hotels IPO Description – Incorporated in 2010, Samhi Hotels is a prominent branded hotel ownership and asset management platform in India, with the third largest inventory of operational keys (owned and leased) in India as of 31 March 2023.
Within 12 years of starting its business operations, the company has built a portfolio of 3,839 keys across 25 operating hotels in 12 of India’s key urban consumption centers, including Bengaluru (Karnataka), Hyderabad (Telangana), National Capital Region (“NCR”), Pune (Maharashtra), Chennai (Tamil Nadu) and Ahmedabad (Gujarat), as of 31 March 2023. Pursuant to the completion of the ACIC Acquisition (as defined below) on 10 August 2023, Samhi Hotels’ portfolio has further increased to 4,801 keys across 31 operating hotels.
The company currently categorizes the hotel portfolio into three distinct hotel segments based on brand classification – Upper Upscale and Upscale, Upper Mid-scale, and Mid-scale. Over 51.14% of the total income for the Financial Year 2023 was from Upper Mid-scale and Midscale hotels. The Upper Upscale and Upscale hotels, which contributed to 47.35% of its total income for the Financial Year 2023, are supported by markets with high-density demand in cities such as Bangalore (Karnataka), Hyderabad (Telangana), Ahmedabad (Gujarat), and Pune (Maharashtra).
Samhi Hotels maintains cash reserves to manage its debt obligations and has an aggregate of cash and bank balances of INR 141.40 crores (excluding restricted bank deposits) as of 31 March 2023.
Samhi Hotels IPO Details
| Samhi Hotels IPO Dates | 14 – 18 September 2023 |
| Samhi Hotels IPO Price | INR 119 – 126 per share |
| Fresh issue | INR 1,200 crore |
| Offer For Sale | 13,500,000 shares INR 160.65 – 170.10 crore |
| Total IPO size | INR 1,360.65 – 1,370.10 crore |
| Minimum bid (lot size) | 119 shares INR 14,994 |
| Face Value | INR 1 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
Samhi Hotels Financial Performance
| FY 2021 | FY 2022 | FY 2023 | |
| Revenue | 169.58 | 322.74 | 738.57 |
| Expenses | 238.96 | 311.31 | 500.83 |
| Net income | (477.79) | (443.35) | (338.96) |
| Margin (%) | (281.75) | (137.37) | (45.89) |
Samhi Hotels Offer News
Samhi Hotels Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | (62.64) | (58.12) | (43.93) |
| PE ratio | – | – | NA |
| RONW (%) | NA | NA | NA |
| NAV | (33.99) | (92.12) | (113.07) |
| EBITDA (%) | (33.31) | 6.54 | 34.22 |
| Debt/Equity | (12.40) | (4.07) | (3.45) |
Samhi Hotels IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 21 September 2023 | 5 | 500 | 8,000 |
| 20 September 2023 | 10 | 800 | 12,000 |
| 19 September 2023 | 10 | 800 | 12,000 |
| 18 September 2023 | 10 | 800 | 12,000 |
| 16 September 2023 | 10 | 800 | 12,000 |
| 15 September 2023 | 10 | 800 | 12,000 |
| 14 September 2023 | 10 | 800 | 12,000 |
| 13 September 2023 | 10 | – | 12,000 |
| 12 September 2023 | 10 | – | 12,000 |
| 11 September 2023 | 10 | – | 12,000 |
Samhi Hotels IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 3,39,44,748 | 1,71,51,050 | 1,14,34,033 | 6,25,29,831 |
| 18 Sep 2023 | 8.82 | 1.22 | 1.11 | 5.33 |
| 15 Sep 2023 | 0.00 | 0.07 | 0.58 | 0.13 |
| 14 Sep 2023 | 0.00 | 0.03 | 0.37 | 0.08 |
Samhi Hotels IPO Reviews – Subscribe or Avoid?
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Samhi Hotels Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Samhi Hotels Contact Details
SAMHI HOTELS LIMITED
14th floor, Building 10C, Cyber City, Phase II,
Gurugram 122 002, Haryana, India
Phone: +91 124 4910 100
E-mail: [email protected]
Website: www.samhi.co.in
Samhi Hotels IPO Allotment Status
Samhi Hotels IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Meanwhile, bank debits and lien removal have started. Please check effective balance in your bank account to know allotment status.
Samhi Hotels IPO Dates & Listing Performance
| Samhi Hotels IPO Opening Date | 14 September 2023 |
| Samhi Hotels IPO Closing Date | 18 September 2023 |
| Finalization of Basis of Allotment | 21 September 2023 |
| Initiation of refunds | 21 September 2023 |
| Transfer of shares to demat accounts | 21 September 2023 |
| Samhi Hotels IPO Listing Date | 22 September 2023 |
| Opening Price on NSE | INR 134.50 per share (up 6.75%) |
| Closing Price on NSE | INR 143.40 per share (up 13.80%) |
Samhi Hotels IPO FAQs
How many shares in Samhi Hotels IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply in Samhi Hotels Public Offer?
The best way to apply in Samhi Hotels public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Samhi Hotels IPO GMP today?
Samhi Hotels IPO GMP today is INR 5 per share.
What is Samhi Hotels kostak rate today?
Samhi Hotels kostak rate today is INR 500 per application.
What is Samhi Hotels Subject to Sauda rate today?
Samhi Hotels Subject to Sauda rate today is INR 8,000 per application.
There are already multiple hotels listed in this space, so it is a crowded one. There are already listed players in hotel sector, so one can look at that as well.