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Saj Hotels IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Satara and caters to Hotels And Resorts sector. Corpwis Advisors is the merchant banker of Saj Hotels IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 22nd May 2024.
Saj Hotels IPO open date is 27th September 2024 and close date is 1st October 2024. IPO Allotment Date is 3rd October 2024 and Listing date is 7th October 2024.
IPO
Size:
₹ 27.63 Cr.
Avg IPO Size (Sector Based)
: ₹
17.24 cr.
Sector: Hotels And Resorts
SME IPO so far:
11
Merchant Banker:
Corpwis Advisors
SME IPO by BRLM so far:
3
City:
Satara
SME IPO so far:
1
Revenue (annualised):
₹
14.45
cr. 
PE
Ratio:
27.98x
Average Sector PE Ratio: 20.69x
Saj Hotels IPO size is ₹ 27.63 Cr. with IPO price of ₹ 65.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Corpwis Advisors Private Limited is the book-running lead manager of the Saj Hotels IPO. Satellite Corporate Services Private Limited is the Registrar and Market Maker is Nnm Securities Private Limited for Saj Hotels IPO.
Saj Hotels IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Saj Hotels IPO, based in Satara, operates in the Hotels And Resorts sector with a focus on traditional resort accommodations. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Saj Hotels IPO size is ₹ 27.63 Cr. with fresh issue size of ₹ 27.63 Cr. and Offer for sale being Nil
The IPO allotment date for Saj Hotels IPO is expected to be 3rd October 2024, after the finalization of basis of allotment. Investors can check Saj Hotels IPO allotment status on the registrars website, Satellite Corporate Services Private Limited. Saj Hotels IPO refund dates are 4th October 2024.
Saj Hotels IPO is expected to be listed on 7th October 2024.
The upper price band for the Saj Hotels IPO is set at ₹ 65.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Saj Hotels IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Saj Hotels IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 1st October 2024. After submission, funds are blocked until the basis of allotment of Saj Hotels IPO is finalised.
The merchant banker for Saj Hotels IPO is Corpwis Advisors Private Limited . Corpwis Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Saj Hotels IPO RHP for further details.
The registrar for Saj Hotels IPO is Satellite Corporate Services Private Limited. Investors can go to Satellite Corporate Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Saj Hotels IPO through their official website or helpline.
Saj Hotels IPO was subscribed 5.46 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 27.63 Cr.
Avg IPO Size (Sector Based)
:
₹ 17.24 Cr.
Sector: Hotels And Resorts
SME IPO so far:
11
Merchant Banker:
Corpwis Advisors
SME IPO by BRLM so far:
3
City:
Satara
SME IPO so far:
1
Revenue (annualised):
₹ 0.14 cr.
PE
Ratio:
27.98x
Average Sector PE Ratio: 20.69x
Saj Hotels IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Saj Hotels Financial Review Page
Merchant Banker(s) of Saj Hotels IPO: Corpwis Advisors Private Limited
Saj Hotels IPO subscription was 5.46 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Saj Hotels IPO listed at a listing price of 52.45 against the offer price of 65.00.
The current market price of Saj Hotels is 67.90.
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