Listed Price₹55.00
Listing Gain-15.38%

Price Band₹65
Lot Size2,000 shares
Min Bid₹1,30,000
Subscription5.44x
Listed Market Snapshot
₹55.00Listed price from market data
-15.38%listing gain
Issue Amount
₹27.63 Cr
Listed Price
₹55.00
Current Price
₹34
Registrar
Satellite Corporate Services Private Limited
Timeline•Fixed Price IPO
Open27 Sep 2024
Close01 Oct 2024
Allotment04 Oct 2024
Listing07 Oct 2024
Quota Reservation Portions
RetailPortion: 20,18,000 shares
47.5%OtherPortion: 20,18,000 shares
47.4%Market MakerPortion: 2,14,000 shares
5%Minimum Application Bracket Matrix
Retail1 lots / 2,000 shares
₹1,30,000HNI2 lots / 4,000 shares
₹2,60,000About the Company
Saj Hotels Limited, incorporated in February 1981, is engaged in the hospitality sector, offering resort accommodations, villa rentals, restaurants, and bar services. The company owns or leases three resort properties, of which two are owned and directly operated, and one is leased to a third party. Saj Hotels caters to a diverse customer base and also provides event spaces for conferences, weddings, and social gatherings. To expand its offerings within the travel and hospitality ecosystem, the company holds a 50% stake in My Own Rooms Dot In Private Limited. As of May 2024, Saj Hotels employs 144 people across various departments.
Company Promoters
Rahul Maganlal TimbadiaKartik Maganlal TimbadiaKarna Kartik Timbadia
Lead Managers
Registrar
Satellite Corporate Services Private Limited
