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Saj Hotels Ipo


Objects of the Issue

  • Capital Expenditure requirements towards expansion of existing resort properties

  • Funding of working capital requirements of the Company

  • General Corporate Expenses

Saj Hotels IPO Review

  • IPO Watch – May Apply

  • Canara Bank –

  • DRChoksey FinServ –

  • Emkay Global –

  • Hem Securities –

  • IDBI Capital –

  • Marwadi Shares –

  • Nirmal Bang –

  • SBICAP Securities –

  • Sharekhan –

  • SMC Global –

  • Sushil Finance –

  • Swastika Investmart –

  • Ventura Securities –

  • Geojit –

  • Reliance Securities –

  • Capital Market –

  • BP Wealth –

  • ICICIdirect –

  • Choice Broking –

IPO Lead Managers aka Merchant Bankers

  • Corpwis Advisors Private Limited

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

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

Period EndedRevenueExpenseProfit After TaxAssets
2021₹8.12₹9.26₹1.20₹32.86
2022₹12.88₹10.77₹1.44₹96.27
2023₹12.82₹12.03₹3.56₹98.93
2024₹14.56₹9.99₹3.45₹98.09

KPIValues
ROE:19.91%
ROCE:26.36%
EBITDA Margin:45.77%
PAT Margin:24.23%
Debt to equity ratio:0.17
Earning Per Share (EPS):₹2.90 (Basic)
Price/Earning P/E Ratio:22.41
Return on Net Worth (RoNW):19.91%
Net Asset Value (NAV):₹14.61

CompanyEPSPE RatioRoNW %NAVIncome
Royale Manor Hotels2.2120.597.67%29.37– Cr.
Jindal Hotels3.4333.9011.97%30.40– Cr.

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%
NII Quota:Not more than 50%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

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