31 Mar 2021
Assets32.86
Total Income8.12
Profit After Tax-1.20
NET Worth7.54
Reserves and Surplus17.49
Total Borrowing9.39
At a glance
Updated 2026-08-24Saj Hotels is a SME IPO with an issue size of ₹27.63 crore, proposed for listing on NSE SME. The offer opens on 27th Sep 2024 and closes on 1st Oct 2024. The issue structure includes a fresh issue of ₹26.23 crore.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹27.63 Cr
Fresh issue₹26.23 Cr
Face value₹10
Price band—–—
Allotment3rd Oct 2024
Listing7th Oct 2024
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listing₹65.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens27th Sep 2024
Closes1st Oct 2024
Allotment3rd Oct 2024
Refund4th Oct 2024
Demat4th Oct 2024
Listing7th Oct 2024
Subscription demand
Full bidding ↗Total5.46×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Capital Expenditure requirements towards expansion of existing resort properties | ₹17.00 Cr |
| Funding of working capital requirements of the Company | ₹4.00 Cr |
| General Corporate Expenses | ₹3.33 Cr |
Financials
Full financials ↗31 Mar 2022
Assets96.26
Total Income12.88
Profit After Tax1.44
NET Worth8.91
Reserves and Surplus79.77
Total Borrowing10.54
31 Mar 2023
Assets98.93
Total Income12.82
Profit After Tax3.56
NET Worth13.17
Reserves and Surplus83.25
Total Borrowing6.14
31 Mar 2024
Assets98.08
Total Income14.55
Profit After Tax3.45
NET Worth17.34
Reserves and Surplus77.22
Total Borrowing2.92
Trend chart₹ crore
KPIs
| KPI | Jan 31, 2024 |
|---|---|
| ROE | 19.91% |
| ROCE | 26.36% |
| Debt / Equity | 0.17% |
| RoNW | 19.91% |
| PAT Margin | 24.23% |
| Price to Book Value | 5.86 |
Valuation & shareholding
Pre-IPO EPS3.00
Post-IPO EPS2.32
Pre-IPO P/E21.7
Post-IPO P/E27.98
Promoter holding pre84.12%
Promoter holding post61.94%
Market cap₹104.81 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Issue Management fees including fees and reimbursements relating to Lead Manager fees, underwriting fees, Market Making Fee, Marketing and Selling Commission, Brokerages, payment to other intermediaries such as legal advisor, Peer Review Auditor, Registrar, Banker to the Issue, etc. | ₹2.95 Cr |
| Advertising and Marketing Expenses | ₹0.20 Cr |
| Regulatory and other fees | ₹0.05 Cr |
| Other Expenses (including printing, stationery expenses, postage etc.) | ₹0.10 Cr |
Registrar & lead managers
Registrar
Satellite Corporate Services Pvt.Ltd.Lead managers
- Corpwis Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.