Saj Hotels Limited IPO GMP

Saj Hotels is engaged in Hospitality industry. They provide a diverse portfolio of Business-to-Business (B2B), Business-toBusiness-to-Customer (B2B2C) and Business-to-Customer (B2C) hospitality offerings, spanning from traditional resort accommodation to villa rentals and restaurant and bar properties.

Saj Hotels, an Fixed Price Issue amounting to ₹27.62 Crores, consisting entirely an Fresh Issue of 42.50 Lakh Shares. The subscription period for the Saj Hotels IPO opens on September 27, 2024, and closes on October 01, 2024. The allotment is expected to be finalized on or about Thursday, October 03, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Monday, October 07, 2024.

The Share price of Saj Hotels IPO is set at ₹65 equity per share, with a minimum lot size of 2,000 shares. Retail investors are required to invest a minimum of ₹1,30,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (4,000 shares), amounting to ₹2,60,000.

CORPWIS ADVISORS PRIVATE LIMITED is the book-running lead manager, SATELLITE CORPORATE SERVICES PRIVATE LIMITED Limited is the registrar for the Issue. NNM Securities Private Limited is the sole Market Marker for the Saj Hotels.

Saj Hotels Limited IPO GMP Today
The Grey Market Premium of Saj Hotels Limited IPO is expected in the range of ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Saj Hotels Limited IPO Live Subscription Status Today: Real-Time Updates
As of 11:38 AM on 01 October 2024, the Saj Hotels Limited IPO live subscription status shows that the IPO subscribed 1.97 times on its Third day of subscription period. Check the Saj Hotels Limited IPO Live Subscription Status Today at NSE.

Saj Hotels Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online 
Saj Hotels IPO allotment date is 03 October, 2024, Thursday. Saj Hotels IPO Allotment will be out on 3rd October 2024 and will be live on Registrar Website from the allotment date. Check Saj Hotels Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Saj Hotels Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Saj Hotels Limited IPO
Saj Hotels Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹1,700.00 Lakhs will be used for Capital Expenditure requirements towards expansion of existing resort properties 
2. ₹400.00 Lakhs will be used for Funding of working capital requirements of the Company 
3. ₹332.50 Lakhs will be used for General Corporate Expenses

Refer to Saj Hotels Limited RHP for more details about the Company.