
Saj Hotels Limited
listed
₹1.30LMin. investment
About Saj Hotels Limited
Issue size
₹27.63Cr
IPO type
SME
Price range
₹65.00 – ₹65.00
Lot size
2000 shares
Price range₹65.00 – ₹65.00
IPO type
SME
Lot size2000 shares
Issue size₹27.63Cr
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About Saj Hotels Limited
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 Capital Expenditure requirements towards expansion of existing resort properties. Funding of working capital requirements of the Company. General Corporate Expenses.
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Saj Hotels Limited ?
The issue size of the Saj Hotels Limited is 27.63 Cr.
What is 'pre-apply' for Saj Hotels Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Saj Hotels Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Bidding starts27 Sep 2024
- Bidding ends1 Oct 2024
- Allotment finalisation29 Sep 2024
- Release of funds4 Oct 2024
- Demat transfer3 Oct 2024
- Listing7 Oct 2024