Saj Hotels Limited - Logo

Saj Hotels Limited

SAJHOTELS

65-65

per share
Bidding Dates
27-1 Oct
Min. Investment
₹1,30,000.00
Lot Size
2000 shares
Issue Size
₹27.63 Cr
IPO Timeline
Bidding starts
27 Sep ‘24
Bidding ends
01 Oct ‘24
Allotment finalisation*
03 Oct ‘24
Refund initiation*
04 Oct ‘24
Demat transfer
04 Oct ‘24
Listing
07 Oct ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About  Saj Hotels Limited

Incorporated in February 1981, Saj Hotels Limited is a prominent player in the hospitality industry, offering a diverse range of accommodations and services that cater to various market segments. The company operates a blend of Business-to-Business (B2B), Business-to-Business-to-Customer (B2B2C), and Business-to-Customer (B2C) offerings, including traditional resort accommodations, villa rentals, and vibrant restaurant and bar properties. With a focus on delivering comprehensive services, Saj Hotels is committed to ensuring memorable experiences for guests through its diverse portfolio.

At the heart of Saj Hotels’ philosophy is a dedication to guest satisfaction. The company’s resorts feature well-appointed rooms and suites, complemented by a variety of dining options including restaurants, bars, and in-room dining services. Guests can expect personalized concierge assistance, rejuvenating spa facilities, and a plethora of recreational activities designed to enhance their stay. Additionally, Saj Hotels’ resorts serve as versatile event venues, adept at hosting everything from corporate conferences to weddings, supported by comprehensive event planning and management services that guarantee seamless execution.

Expanding its offerings, Saj Hotels is developing a new venture—Saj Villas—in the picturesque region of Goa. These villas will feature carefully curated 2BHK and 4BHK accommodations, making them perfect for family vacations, group gatherings, or romantic getaways. With amenities including a swimming pool, Saj Villas aims to provide tailored lodging solutions that cater to diverse preferences, ensuring an elevated experience for all guests. This development underscores the company’s commitment to expanding its footprint in the hospitality sector while enhancing the guest experience.

To further diversify its portfolio, Saj Hotels has strategically invested 50% in My Own Rooms Dot In Private Limited, an associate company that operates the ‘Morjim Retreat’ resort in Goa. This partnership not only broadens Saj Hotels' reach within the hospitality sector but also enriches its service offerings with additional accommodations and wellness facilities. The company employs a hybrid management approach, combining direct ownership and third-party operator agreements to optimize operational efficiency and profitability. This strategy allows Saj Hotels to effectively manage its properties while leveraging strategic partnerships, ensuring a consistently high standard of service across its diverse range of hospitality offerings.

Saj Hotels Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives

  1. Capital Expenditure requirements towards expansion of existing resort properties.
  2. Funding of working capital requirements of the Company.
  3. General Corporate Expenses.

IPO analysis

Registrar information
Name
Satellite Corporate Services Private Limited
Phone number
+91-22- 28520461/462
Email ID
service@satellitecorporate.com

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