The SAMHI Hotels IPO commenced on September 14, 2023, and concluded on September 18, 2023. The allotment of shares took place on September 22, 2023, and the initiation of refunds began on September 25, 2023. The shares were credited to the demat accounts of investors on September 26, 2023. Finally, the listing of SAMHI Hotels on the stock exchange occurred on September 27, 2023.
The SAMHI Hotels IPO was priced at ₹119 to ₹126 per share, with a lot size of 119. The total issue size was ₹1,370.10 crores, comprising a fresh issue of ₹1,200.00 crores and an offer for sale of ₹170.10 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 75% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 10% of the shares.
SAMHI Hotels IPO Basic Details
Company Name | SAMHI Hotels Limited |
Domain of Company | Indian Hotel Industry |
SAMHI Hotels IPO GMP Today | ₹14 |
SAMHI Hotels IPO Listing Gain | 11.11% |
SAMHI Hotels IPO Open Date | September 14, 2023 |
SAMHI Hotels IPO Close Date | September 18, 2023 |
SAMHI Hotels IPO Allotment Date | September 22, 2023 |
SAMHI Hotels IPO Listing Date | September 27, 2023 |
Face Value | ₹1 per share |
Price | ₹119 to ₹126 per share |
Lot Size | 119 Shares |
Issue Size | 108,738,095 shares of ₹1 (aggregating up to ₹1,370.10 Cr) |
Fresh Issue | 95,238,095 shares of ₹1 (aggregating up to ₹1,200.00 Cr) |
Offer for Sale | 13,500,000 shares of ₹1 (aggregating up to ₹170.10 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE, BSE |
Company Promoters | No Promoters |
SAMHI Hotels IPO GMP Today:
Date | GMP | Listing Gain | Kostak | Subject to |
0 September 2023 | ₹14 | 11.11% | – | – |
SAMHI Hotels IPO Details:
Founded in 2010, SAMHI Hotels Limited is a company in India that specializes in owning and managing branded hotels.
As of March 31, 2023, SAMHI Hotels boasts a diverse portfolio, encompassing 31 operating hotels with a total of 4,801 rooms. These hotels are strategically located in 14 of India’s major urban hubs, including Bengaluru, Hyderabad, the National Capital Region (NCR), Pune, Chennai, and Ahmedabad. Additionally, the company has two more hotels in the works, with a combined 461 rooms in Kolkata and Navi Mumbai.
Exciting news for SAMHI Hotels came on August 10, 2023, when the company acquired Asiya Capital along with the ACIC SPVs (ACIC SSPA). This strategic move added 962 rooms across six operational hotels to the company’s portfolio, along with land for the development of a new hotel in Navi Mumbai, Maharashtra.
SAMHI’s hotels are affiliated with well-known brands like Courtyard by Marriott, Sheraton, Hyatt Regency, Hyatt Place, Fairfield by Marriott, Four Points by Sheraton, and Holiday Inn Express. This partnership provides SAMHI’s hotels with various advantages, including access to the operator’s loyalty programs, expert management, industry best practices, online reservation systems, and effective marketing strategies.
SAMHI Hotels IPO More Details Click Here
SAMHI Hotels IPO FAQs
When is SAMHI Hotels IPO open?
SAMHI Hotels IPO will open on 14 September 2023.
When is SAMHI Hotels IPO Close?
SAMHI Hotels IPO will be closed on 18 September 2023.
What is SAMHI Hotels IPO GMP Today?
The SAMHI Hotels IPO GMP aka Grey Market Premium is ₹14.
What is SAMHI Hotels IPO Kostak Rates Today?
The SAMHI Hotels IPO Kostak Rate is ₹000.
What is SAMHI Hotels IPO Subject to Sauda Price Today?
The SAMHI Hotels IPO subject to sauda rates is ₹000.
SAMHI Hotels IPO Expected Returns?
The SAMHI Hotels expected return is 11.11%.
How much will be the listing gain in SAMHI Hotels IPO?
SAMHI Hotels IPO will get listing gain of 11.11%. (Approx.)