Saj Hotels Limited

Company Profile
Company Name Saj Hotels Limited
Open Date 27-09-2024
Close Date 01-10-2024
Exchange NSE SME
Lot Size 2,000 Shares
Issue Price ₹65 per share
Issue Size 42,50,000 shares
Application Amount ₹ 1,30,000 (2,000 shares)
Recommendation Neutral
Incorporation: Saj Hotels Limited was originally incorporated in the year 1981. The registered office is located at Satara, Maharashtra. ▪ Industry: The company operates in the Hospitality Industry ▪ Business Model: The company operates through B2B, B2B2C, and B2C model. ▪ The company had 144 fulltime employees as of September 12, 2024.
(Read more on the review)

Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24
Revenue 1,283.25 1,271.37 1,425.77
EBITDA 412.25 692.43 652.57
Net Profit 132.02 347.99 345.40
RoCE 3.17% 5.26% 4.80%
ROE 1.61% 4.06% 3.88%
P/E 53.72 21.67 22.41

Tentative Timeline

Opening Date 27-09-2024
Closing Date 01-10-2024
Basis of Allotment 03-10-2024
Initiation of Refunds 04-10-2024
Credit of Shares to Demat 04-10-2024
Listing Date 07-10-2024

Objects of the Issue

Capital Expenditure Requirements towards the Expansion of existing resort properties
Funding of working capital requirements of the Company
General Corporate Expenses

Contact Information

Registered Office Saj Hotels Limited Saj on the Mountains, Survey number 18, Mahabaleshwar Panchgani Road, Mahabaleshwar, Satara, 412806
Phone 022-62875252
Email secretarial@sajresort.in
Website https://www.sajresort.com/

Registrar Details

Name Satellite Corporate Services Private Limited
Phone +91-22- 28520461/462
Email service@satellitecorporate.com
Website https://www.satellitecorporate.com/ipo-query.php

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 2,14,000 (5.04%)
Other Shares Offered 20,18,000 (47.48%)
Retail Shares Offered 20,18,000 (47.48%)
Total Shares Offered 42,50,001 (100%)

Shareholding Pattern

Shareholding Pre Issue (Promoters) 84.12%
Shareholding Post Issue (Promoters) 61.94%

Contact Us to Enable Your Success!