Samhi Hotels IPO GMP Details
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SAMHI Hotels Limited, Founded in 2010, is a prominent hotel ownership and asset management platform in India. SAMHI Hotels boasts a substantial portfolio, featuring 4,801 rooms across 31 operational hotels strategically located in 14 of India’s primary urban consumption hubs. These locations include prominent cities like Bengaluru in Karnataka, Hyderabad in Telangana, the National Capital Region (NCR), Pune in Maharashtra, Chennai in Tamil Nadu, and Ahmedabad in Gujarat, as of March 31, 2023. Additionally, the company has 2 hotels currently under development, adding up to 461 rooms in Kolkata and Navi Mumbai.
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A significant development for the company occurred on August 10, 2023, with its acquisition of Asiya Capital and the ACIC SPVs (the ACIC SSPA). This acquisition expanded SAMHI’s portfolio by an additional 962 rooms across six operational hotels, along with land for the construction of a hotel in Navi Mumbai, Maharashtra.
SAMHI’s hotels operate under the banners of well-recognized hotel operators such as Courtyard by Marriott, Sheraton, Hyatt Regency, Hyatt Place, Fairfield by Marriott, Four Points by Sheraton, and Holiday Inn Express. This strategic affiliation provides SAMHI’s hotels with access to the operator’s loyalty programs, expert management and operational practices, industry-leading standards, online reservation systems, and effective marketing strategies.
Objects of the Issue
The company plans to utilize the net proceeds from this issue for the following purposes:
- Repayment, prepayment, or redemption, either fully or partially, of specific borrowings taken by the company and its subsidiaries, including the payment of accrued interest on these borrowings.
- General corporate purposes.
SAMHI Hotels IPO Details
The SAMHI Hotels IPO is a Book Built Issue with a total issue size of ₹1,370.10 Crores. The price of each SAMHI Hotels IPO share ranges from ₹119 to ₹126. The IPO is set to be listed on both BSE and NSE.
IPO Date | September 14, 2023 to September 18, 2023 |
Listing Date | September 27, 2023 |
Face Value | ₹1 per share |
Price | ₹119 to ₹126 per share |
Lot Size | 119 Shares |
Total Issue Size | [.] shares (aggregating up to ₹1,370.10 Cr) |
Fresh Issue | [.] shares (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 | BSE, NSE |
Share holding pre issue | 122,797,231 |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
SAMHI Hotels IPO Reservation
QIB Shares Offered | Not less than 75.00% of the Net offer |
NII (HNI) Shares Offered | Not more than 15.00% of the Offer |
Retail Shares Offered | Not more than 10.00% of the Offer |
SAMHI Hotels IPO Lot Size
The minimum lot size of this SAMHI Hotels IPO is 119 shares required is ₹14,994.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 119 | ₹14,994 |
Retail (Max) | 13 | 1547 | ₹194,922 |
S-HNI (Min) | 14 | 1,666 | ₹209,916 |
S-HNI (Max) | 66 | 7,854 | ₹989,604 |
B-HNI (Min) | 67 | 7,973 | ₹1,004,598 |
SAMHI Hotels IPO Dates
SAMHI Hotels IPO opens on September 14, 2023, and closes on September 18, 2023.
IPO Open Date | Thursday, September 14, 2023 |
IPO Close Date | Monday, September 18, 2023 |
Basis of Allotment | Friday, September 22, 2023 |
Initiation of Refunds | Monday, September 25, 2023 |
Credit of Shares to Demat | Tuesday, September 26, 2023 |
Listing Date | Wednesday, September 27, 2023 |
Cut-off time for UPI mandate confirmation | 5 PM on September 18, 2023 |
SAMHI Hotels Limited Financial Report
Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
---|---|---|---|
Assets | 2,488.00 | 2,386.58 | 2,263.00 |
Revenue | 179.25 | 333.10 | 761.42 |
Profit After Tax | -477.73 | -443.25 | -338.59 |
Net Worth | -259.28 | -702.63 | -871.43 |
Reserves and Surplus | -203.12 | -646.47 | -816.18 |
Total Borrowing | 2,424.40 | 2,597.69 | 2,787.54 |
SAMHI Hotels Contact Information
SAMHI Hotels Limited
Caspia Hotels Delhi, District Centre Crossing,
Opposite Galaxy Toyota, Outer Ring Road,
Haider Pur, Shalimar Bagh, New Delhi – 110 088
Phone: +91 124 4910 100
Email: compliance@samhi.co.in
SAMHI Hotels IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: samhihotels.ipo@kfintech.com
SAMHI Hotels IPO FAQs
What is SAMHI Hotels IPO?
SAMHI Hotels IPO is a main-board IPO of equity shares with a face value of ₹1, aggregating up to ₹1,370.10 Crores. The issue price per share ranges from ₹119 to ₹126. The minimum order quantity is 119 shares. The IPO subscription period is from September 14, 2023, to September 18, 2023. Kfin Technologies Limited is the registrar for the IPO. The shares are intended to be listed on both BSE and NSE.
How to apply for SAMHI Hotels IPO through Zerodha?
Zerodha clients can apply for the SAMHI Hotels IPO online using UPI as their payment gateway. To apply for the SAMHI Hotels IPO through Zerodha, login to Zerodha Console (back office), go to the Portfolio section, and click on the IPOs link. Find the ‘SAMHI Hotels IPO’ row and click the ‘Bid’ button. Input your UPI ID, the quantity of shares, and the price. Then, submit the IPO application form. To complete the process, visit the UPI App (net banking or BHIM) to authorize the mandate.
When does the SAMHI Hotels IPO open?
The SAMHI Hotels IPO opens for subscription on September 14, 2023, and will remain open until September 18, 2023.
What is the lot size of SAMHI Hotels IPO?
The lot size for the SAMHI Hotels IPO is 119 shares, requiring a minimum investment of ₹14,994.
How can I apply for SAMHI Hotels IPO?
You can apply for the SAMHI Hotels IPO online using either UPI or ASBA as your payment method. ASBA IPO application can be made through your bank’s net banking. UPI IPO application is available through brokers who offer UPI-based services. You can find more details about applying for IPOs online through platforms like Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, and SBI Bank.
When will SAMHI Hotels IPO allotment take place?
The finalization of the Basis of Allotment for SAMHI Hotels IPO is scheduled for Friday, September 22, 2023. The allotted shares will be credited to your demat account by Tuesday, September 26, 2023. You can check the SAMHI Hotels IPO allotment status for updates.
When is the listing date for SAMHI Hotels IPO?
The listing date for the SAMHI Hotels IPO has not yet been announced. However, the tentative date for the SAMHI Hotels IPO listing is Wednesday, September 27, 2023.