Silver Pearl Hospitality IPO GMP, Review, Price, Allotment

Silver Pearl Hospitality IPO GMP

Silver Pearl Hospitality IPO description – The company operates in the mid-priced hotel sector, consisting of the upper-midscale, midscale and economy hotel segment. Its current properties are located in Rakchham, Kinnaur, Himachal Pradesh. Rakchham village is located in Sangla Tehsil of Kinnaur district in Himachal Pradesh, India. The company started its first hotel property in FY2019-20 and now also operates a 100-seater café at Rakchham. All its hotels, cafes and restaurants are operated under the brand name “Osiya”.

Currently, the company operates with 36 rooms in 4 properties. It owns, manages, operates and markets the hotels. We also operate restaurants and a cafe. Silver Pearl Hospitality’s portfolio consists of the following:

  • 1. Osiya Shambhu Lodge at Rakchham – Leased Property
  • 2. Osiya Shoshla Café – Leased Property
  • 3. Osiya Rangnoo Rakchham Retreat – Leased Property
  • 4. Osiya Tashi Dolma Home stay – Marketing & Branding
  • 5. Osiya Baba Inn Guest Home – Marketing & Branding

As part of growth and geographical diversification strategy, it intends to purchase a hotel property in Goa. This property will increase the company’s geographical reach and also provide it business during winter season from November to February which is comparatively a lean season for Rakkcham properties. Silver Pearl Hospitality has entered into a Memorandum of Understanding dated 12 January 2022 for the purchase of property with the current owners at the price of INR6.8 crore and has paid an advance of INR30 lakhs for the same while the balance of INR6.5 crore will be paid from the IPO proceeds.

Promoters of Silver Pearl Hospitality – Rajesh Kumar Negi and Two Sisters Hotels and Resorts Private Limited

Silver Pearl Hospitality IPO Details

Subscription Dates6 – 9 June 2022
Price BandINR18 per share
Fresh issue50,00,000 shares (INR9 crore)
Offer For SaleNil
Total IPO size50,00,000 shares (INR9 crore)
Minimum bid (lot size)8,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME

Silver Pearl Hospitality Financial Performance

Net income0.53.311.7
Figures in INR Lakh unless specified otherwise

Silver Pearl Hospitality Offer News

Silver Pearl Hospitality Offer Valuation (as of FY2022)

Earnings Per Share (EPS): INR1.03
Pre-IPO Price/Earnings (PE ratio): 17.55
Return on Net Worth (RONW): 2.68%
Net Asset Value (NAV): INR15.31 per share

Silver Pearl Hospitality IPO GMP Daily Trend

DateSilver Pearl Hospitality IPO GMPKostakSubject to Sauda

Silver Pearl Hospitality IPO Subscription – Live Updates

Shares Offered25,00,00025,00,00050,00,000
Day 10.110.530.32
Day 20.461.000.73
Day 30.541.390.97
Day 40.762.421.59
Subscription figures in number of times, at 5 PM

Silver Pearl Hospitality Offer Registrar

Purva Sharegistry India Private Limited
Unit no. 9, Shiv Shakti Industrial Estate,
JR Boricha Marg, Lower Parel (E)
Mumbai – 400 011
Phone: +91 22 2301 2518
Email[email protected]

Silver Pearl Hospitality IPO Contact Details

Silver Pearl Hospitality & Luxury Spaces Limited
Osiya Shambhu Lodge, Sangla Chitkul Road,
VPO Rakchham, Tehsil Sangla – 172 106,
Himachal Pradesh
Phone: 33 4006 9937
Email: [email protected]

Silver Pearl Hospitality IPO Allotment Status

Silver Pearl Hospitality IPO allotment is now available on Purva Sharegistry’s website. Click on this link to get allotment status.

Silver Pearl Hospitality IPO Timetable

IPO Opening Date6 June 2022
IPO Closing Date9 June 2022
Finalisation of Basis of Allotment14 June 2022
Initiation of refunds15 June 2022
Transfer of shares to demat accounts16 June 2022
Listing Date17 June 2022
Opening Price on BSE SMEINR16 per share (down 11.11% from IPO price)
Closing Price on BSE SMEINR15.2 per share (down 15.56% from IPO price)

Silver Pearl Hospitality IPO FAQs

What is Silver Pearl Hospitality offer size?

Silver Pearl Hospitality offer size is INR9 crore.

What is Silver Pearl Hospitality IPO Price Band?

Silver Pearl Hospitality public offer price is INR18 per share.

What is the lot size of Silver Pearl Hospitality IPO?

Silver Pearl Hospitality offer lot size is 8,000 shares.

What is Silver Pearl Hospitality IPO GMP today?

Silver Pearl Hospitality IPO GMP today is NA per share.

What is Silver Pearl Hospitality kostak rate today?

Silver Pearl Hospitality kostak rate today is NA per application.

What is Silver Pearl Hospitality Subject to Sauda rate today?

Silver Pearl Hospitality Subject to Sauda rate today is NA per application.


Please enter your comment!
Please enter your name here