Samhi Hotels IPO Dates, Bid, Size, Allotment, Subscription, GMP, Listing & Price
Last Updated Date: Apr 20, 2023Let’s have a detailed review of the company and analytics of the Samhi Hotels IPO release date, IPO offer price, subscription, Samhi Hotels Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 1 |
| Price Band | Rs [●] |
| Listing At | BSE, NSE |
| Min. Order Quantity | NA Shares |
| Listing Date | NA |
| Offer for Sale | Rs Million |
| Fresh Issue | Rs 10,00 Million |
| IPO Size | Rs Million |
| Tick Size | 1 |
Samhi Hotels IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
| Live Performance – Samhi Hotels Share Price |
Samhi Hotels IPO – Summary
They are a prominent branded hotel ownership and asset management platform in India, with the third largest inventory of operational keys (owned and leased) in India as of February 28, 2023.
Within 12 years of starting their business operations, they have built a portfolio of 3,839 keys across 25 operating hotels in 12 of India’s key urban consumption centres, including Bengaluru, Hyderabad, National Capital Region (“NCR”), Pune, Chennai and Ahmedabad, as of February 28, 2023.
The Promoter of this company is PROFESSIONALLY MANAGED. The lead manager of the issue is JM Financial Limited and Kotak Mahindra Capital Company Limited, and the Registrar of this issue is KFin Technologies Limited.
Samhi Hotels IPO Date
The opening and closing dates of Samhi Hotels IPO are not available yet.
Samhi Hotels IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – | ||||
| 2nd Day – | ||||
| 3rd Day – | ||||
| Shares Offered or Net Issue |
The shares subscribed by the public will be updated here.
Samhi Hotels IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares are pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Samhi Hotels Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | – |
| Refunds Initiation | – |
| Credit of Shares to Demat Account | – |
| Share Listing Date | – |
Samhi Hotels IPO Price Band
The face value of each share is Rs.1, but the price band of the IPO is Rs.[●]
Samhi Hotels IPO Equity Size
This Initial Public Issue of 9,000,000 Equity Shares of Rs.1 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●] Million.
Samhi Hotels IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 9,000,000 Equity Shares of Rs.1/ each.
Issue Size: 9,000,000 Equity Shares of Rs.1 each, aggregating to Rs.[●] Million
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Samhi Hotels IPO – Live Performance
The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Samhi Hotels Share Price |
Samhi Hotels IPO Grey Market Premium
The Samhi Hotels Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X.
Samhi Hotels IPO – Company Overview
They have adopted an acquisition-led strategy, which is underpinned by their track record of acquiring and successfully turning around hotels to grow their business.
They acquire or build primarily business hotels, and they take steps to further upgrade properties and engage with established branded hotel operators to allow the hotels to be appropriately positioned within the market.
Subsequent to this one-time upgrade of the property, they deploy their in-house and proprietary asset management tools and capabilities to further enhance the ongoing financial and operational performance of the property.
Their portfolio is diversified across key consumption centres in India, at different price points and with established brands catering to a broad set of demands. They currently categorize their hotel portfolio into three distinct hotel segments based on brand classification.
Samhi Hotels IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Million) | ||||
| 30-Sep-22 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Total Assets |
23,924.79
|
23,865.76
|
24,880.01
|
26,075.59
|
| *Total Revenue |
3,540.05
|
3,331.04
|
1,792.50
|
6,276.39
|
| Total Expense |
2,373.80
|
3,113.11
|
2,389.64
|
4,555.88
|
| Profit After Tax |
(1,846.04)
|
(4,432.53)
|
(4,777.27)
|
(2,998.63)
|
Earnings per Equity Share (in Million)
| 30-Sep-22 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Basic & Diluted |
(24.20)
|
(58.12)
|
(62.64)
|
(39.65)
|
Further, their PAT for the period ended on Sep 30, 2022, March 31, 2022, March 31, 2021, and March 31, 2020, were Rs. (1,846.04) Million, Rs. (4,432.53) Million, Rs. (4,777.27) Million and Rs. (2,998.63) Million respectively.
Samhi Hotels IPO – Promoters
The Promoter of this company is:
- PROFESSIONALLY MANAGED
List of Related Parties (Key Managerial Personnel)
- Ashish Jakhanwala, Chairman, Managing Director and Chief Executive Officer
-
Manav Thadani, Non-Executive Director
-
Michael Peter Schulhof, Non-Executive Director
-
Aditya Jain, Independent Director
-
Archana Capoor, Independent Director
Samhi Hotels IPO – Promoters Holding
- Pre-Issue Share Holding – %
- Post-Issue Share Holding – %
Samhi Hotels IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to X Equity Shares aggregating up to Rs.[●] Million |
| of which: | |
| Issue Reserved for the Market Makers | Up to [●] Equity Shares aggregating up to Rs.[●] Million |
| Net Issue to the Public | Up to [●] Equity Shares aggregating up to Rs.[●] Million |
| Of which: | |
| Retail Investors Portion | Not less than [●] Equity Shares |
| Other than Retail Individual Investors | Not more than [●] Equity Shares |
| Equity Shares outstanding prior to the Issue | X Equity Shares |
| Equity Shares outstanding after the Issue | X Equity Shares |
Samhi Hotels IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. Repayment/ prepayment/ redemption, in full or in part, of certain borrowings availed of by their Company and their Subsidiaries including payment of the interest accrued thereon; and
2. General corporate purposes.
Samhi Hotels IPO – Business Strategy
- Position their hotels to benefit from favourable demand trends in the hospitality industry and enhance operating efficiencies;
- Complete development of identified opportunities that are currently under development;
- Integrate the ACIC Portfolio to drive enhanced performance;
- Pursue growth opportunities via programmatic capital deployment and tactical mergers and acquisitions; and
- Ensure disciplined capital allocation and reduction of debt.
Samhi Hotels IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Ability to acquire dislocated hotels and demonstrated track record to re-rate hotel performance through renovation and/or rebranding;
- Portfolio’s scale and diversification are further enhanced by sector tailwinds;
- Track record to manage hotels efficiently;
- Ability to create operating efficiencies and long-term performance using analytics tools; and
- Strong governance and seasoned management team
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-22 |
(58.12)
|
NA |
(107.08)
|
| 31-Mar-21 |
(62.64)
|
NA | – |
| Mar-20 |
(39.65)
|
NA | – |
Samhi Hotels IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Revenue from Operations (Rs. in Million) | |
| Samhi Hotels Limited | 1 | NA |
(58.12)
|
NA |
3,227.43
|
| Listed Peers | |||||
| Chalet Hotels | 10 | NA |
(3.98)
|
NA |
5,078.07
|
| Lemon Tree | 10 | NA |
(1.11)
|
NA |
4,022.40
|
|
Indian Hotels
|
1 | NA |
(1.97)
|
NA |
30,562.20
|
|
EIH
|
2 | NA |
(1.56)
|
NA |
9,852.58
|
Samhi Hotels IPO Lead Managers
| Lead Managers |
|
JM Financial Limited Kotak Mahindra Capital Company Limited |
Samhi Hotels IPO Registrar to offer
| Registrar to the Offer |
| KFin Technologies Limited (formerly known as KFin Technologies Private Limited) Selenium, Tower-BPlot No. 31 & 32, Financial District Nanakramguda, SerilingampallyHyderabad, Rangareddi500 032 Telangana, IndiaTelephone: +91 40 6716 2222 E-mail: samhihotels.ipo@kfintech.com Website: www.kfintech.com Investor Grievance E-mail: einward.ris@kfintech.com Contact Person: M. Murali Krishna SEBI Registration No.:INR000000221 |
Samhi Hotels IPO – Other Details
- Statutory Auditor – B S R & Co. LLP, Chartered Accountants
- Legal Counsel to the Company – Shardul Amarchand Mangaldas & Co
- Bankers to the Company – IndusInd Bank Limited
Samhi Hotels IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Samhi Hotels Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Samhi Hotels IPO Review FAQs
Check out various FAQs related to Samhi Hotels IPO:
What is the Issue Size of Samhi Hotels IPO?
The Company is making an initial public offer of 9,000,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of Samhi Hotels IPO?
The price band for this particular IPO ranges between Rs NA. As far as the face value of the share is of concern, it is Rs. 1 per share.
What is the Samhi Hotels IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.
What is the Samhi Hotels IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.
What is the Samhi Hotels IPO Listing Date?
Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.
Who is the Registrar of Samhi Hotels IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. KFin Technologies Limited. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Samhi Hotels IPO?
Here are the promoters of this IPO – PROFESSIONALLY MANAGED. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Samhi Hotels IPO?
They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are as well included in this report.
Is Samhi Hotels IPO Good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Samhi Hotels Company?
They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2022 in Million is (4,432.53), 2021 is (4,777.27), and 2020 is (2,998.63). PAT from Sep 2022 is (1,846.04).
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