Samhi Hotels Limited IPO Date, Review, Price, Allotment Details

Samhi Hotels Limited IPO Details: The scheduled date for Samhi Hotel Limited’s IPO has been confirmed. The IPO is set to enter the market on September 14th and conclude on September 18th. The company aims to gather approximately ₹1200 crores through this IPO. This sum includes a fresh issue of ₹1200 crores via 13500000 shares, each valued at ₹1. The retail quota is 10%, while QIB is 75% and HNI is 15%

What is Samhi Hotels Limited IPO?

Samhi Hotels stands as a prominent entity in the realm of hotel ownership and asset management in India. As of February 28, 2023, they hold the third-largest inventory of operational keys in the country. In just 12 years since commencing operations, Samhi Hotels has meticulously crafted a portfolio comprising 3,839 keys spread across 25 operational hotels, strategically located in 12 of India’s bustling urban consumption hubs, including Bengaluru, Hyderabad, National Capital Region (NCR), Pune, Chennai, and Ahmedabad.

Their successful trajectory is rooted in an acquisition-focused strategy, marked by a proven history of acquiring and effectively revitalizing hotels to foster business growth. They specialize in the acquisition or construction of primarily business-oriented hotels. After acquisition, they diligently upgrade the properties and collaborate with well-established branded hotel operators to ensure the hotels find their rightful place in the market. Following this one-time property enhancement, Samhi Hotels leverages their in-house proprietary asset management tools and capabilities to further elevate the property’s ongoing financial and operational performance.

Samhi Hotels‘ portfolio is strategically diversified across India’s pivotal consumption centers, encompassing a wide range of price points and established brands that cater to diverse demand segments. Their hotel portfolio is presently categorized into three distinct segments based on brand classification: Upper Upscale and Upscale, Upper Mid-scale, and Mid-scale.

Objective of the Samhi Hotel’s IPO

  • Repayment/ prepayment/ redemption, in full or in part, of certain borrowings availed of by our Company and our Subsidiaries
  • Payment against loan interest
  • General corporate purposes

Samhi Hotels IPO Date & Price Band Details

IPO Open:September 14, 2023
IPO Close:September 18, 2023
IPO Size:Approx ₹1370 Crores
Fresh Issue:Approx ₹1200 Crores
Offer for Sale:Approx 13500000 Shares
Face Value:₹1 Per Equity Share
IPO Price Band:₹119 to ₹126 Per Share
IPO Listing on:BSE & NSE
Retail Quota:10%
QIB Quota:75%
 NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Samhi Hotels IPO Market Lot

The Samhi Hotels IPO minimum market lot is 119 shares with ₹14994 application amount. The retail investors can apply up-to 13 lots with 1547 shares or ₹194992 amount.

ApplicationLot SizeSharesAmount
Retail Minimum111914994
Retail Maximum131547194992
S-HNI Minimum141666209916
B-HNI Minimum6879731004598

Samhi Hotels IPO Allotment & Listing Dates

Here is the list of important dates for Samhi IPO. Please mark these dates on your calendar for timely reminders. For your convenient, I have created a IPO Calendar which you can add to your mobile phone and get the timely alert.

The Samhi Hotels IPO date is 14th September to 18th September 2023. The Samhi Hotels IPO allotment will be finalized on 22nd September 2023 and the IPO listing on 27th September 2023.

Price Band Announcement:September 2023
Anchor Investors Allotment:September 2023
IPO Open Date:September 14, 2023
IPO Close Date:September 18, 2023
Basis of Allotment:September 22, 2023
Refunds:September 25, 2023
Credit to Demat Account:September 26, 2023
IPO Listing Date:September 27, 2023

Samhi Hotels Limited IPO Form

There are various ways you can apply for the IPO, but most popular and easy way to apply for this IPO is through the ASBA method. Here is the link through which you can download the ASBA forms for filling Samhi Hotels IPO.

The forms can be downloaded from the BSE and NSE website as well. Just fill in the form and submit the same. You will then get the UPI mandate request for payment blocking. You need to approve the request for blocking the fund for this IPO.

Samhi Hotels Company Financials

YearRevenueExpensePAT
2021₹179₹239₹339
2022₹333₹311₹443
2023₹761₹501₹478

Samhi Hotel’s revenue has grown from Rs. 179 crores in 2021 to Rs. 761 Crores in 2023. The PAT of the company has also increased from Rs. 339 Cr. in 2021 to Rs. 478 Cr. in 2023.

The EPS of the company is coming out to be at Rs. 44

Samhi Hotels IPO Registrar

KFin Technologies Limited
Tel:
 +91 40 6716 2222
E-mail: samhihotels.ipo@kfintech.com
Website: www.kfintech.com

Link for checking allotment status of Samhi Hotels Limited IPO.

You can check the allotment of the shares via the link given below. The status will be available on the day of allocation mentioned in the article above.

Samhi Hotels Limited – Company Details

Samhi Hotels Limited
14th floor, Building 10C, Cyber City, Phase II,
 Gurugram 122 002, Haryana, India
Phone: +91 124 4910 100
E-mail: compliance@samhi.co.in
Website: www.samhi.co.in

Samhi Hotels IPO FAQs

What is Samhi Hotels IPO?

Samhi Hotels aims to gather approximately ₹1200 crores through this IPO. This sum includes a fresh issue of ₹1200 crores via 13500000 shares, each valued at ₹1.

When Samhi Hotels IPO will open?

The Samhi IPO open date is 14th September 2023 for QIB, HNI and retail investors.

What is Samhi Hotels IPO Investors Portion?

The investor portion for Samhi Hotels is as below.
– 75% for QIB
– 15% for HNI
– 10% for Retail investors (RII)

How to Apply the Samhi Hotels IPO?

To apply for Samhi Hotels IPO, you can download the IPO forms from BSE and NSE websites. Apply through ASBA for this IPO.

How to Apply the Samhi Hotels IPO through Zerodha?

To apply for the Samhi Hotels IPO through Zerodha, follow these steps:
Open a Zerodha Demat Account: If you don’t have an account with Zerodha, you’ll need to open a Demat account and a trading account with them. This can be done online by visiting the Zerodha website.
Complete the KYC Process: Ensure your Know Your Customer (KYC) details are complete and up to date. This typically involves providing identity and address proofs, as required by regulatory authorities.
Funding Your Trading Account: Ensure that you have sufficient funds in your Zerodha trading account to apply for the IPO. You will need to transfer the required amount to your trading account if it’s not already funded.
Monitor IPO Details: Keep an eye on Zerodha’s website or trading platform for information about the Samhi Hotels IPO, including the IPO issue price, opening date, and closing date.
Place Your IPO Order: When the IPO is open for subscription, log in to your Zerodha trading account. Navigate to the IPO section, where you will find the Samhi Hotels IPO listed.
Fill in IPO Application: Select the Samhi Hotels IPO and fill in the necessary details like the number of shares you want to apply for and the price at which you want to bid. Make sure you read and understand the IPO prospectus and any other relevant documents before making your bid.
Payment Method: You can use UPI (Unified Payments Interface) as the payment method to apply for the IPO. Make sure your UPI ID is linked to your bank account.
Submit Application: Review your IPO application carefully and submit it. You may receive an OTP (One-Time Password) for verification during the application process. Enter the OTP to confirm your application.
Confirmation: After successfully applying for the IPO, you will receive an order confirmation with the details of your application. Keep this confirmation for your records.
Allotment and Listing: Once the IPO subscription period ends, and if your application is successful, you will be allotted the shares. Zerodha will inform you about the allotment status. After allotment, the shares will be credited to your Demat account.
Remember that the process may vary slightly depending on any updates or changes made by Zerodha or regulatory authorities. It’s crucial to stay informed about the IPO’s specific details and follow the instructions provided by Zerodha during the application process.

How to Apply the Samhi Hotels IPO through Upstox?

To apply for the Samhi Hotels IPO through Upstox, follow these steps:
Open an Upstox Demat Account: If you don’t have an account with Upstox, you need to open a Demat account and a trading account with them. This can be done online by visiting the Upstox website.
Complete the KYC Process: Ensure your Know Your Customer (KYC) details are complete and up to date. This typically involves providing identity and address proofs, as required by regulatory authorities.
Funding Your Trading Account: Make sure you have sufficient funds in your Upstox trading account to apply for the IPO. You will need to transfer the required amount to your trading account if it’s not already funded.
Monitor IPO Details: Keep an eye on Upstox’s website or trading platform for information about the Samhi Hotels IPO, including the IPO issue price, opening date, and closing date.
Place Your IPO Order: When the IPO is open for subscription, log in to your Upstox trading account. Navigate to the IPO section, where you will find the Samhi Hotels IPO listed.
Fill in IPO Application: Select the Samhi Hotels IPO and fill in the necessary details, such as the number of shares you want to apply for and the price at which you want to bid. Be sure to read and understand the IPO prospectus and any other relevant documents before making your bid.
Payment Method: You can use UPI (Unified Payments Interface) as the payment method to apply for the IPO through Upstox. Ensure your UPI ID is linked to your bank account.
Submit Application: Review your IPO application carefully and submit it. You may receive an OTP (One-Time Password) for verification during the application process. Enter the OTP to confirm your application.
Confirmation: After successfully applying for the IPO, you will receive an order confirmation with the details of your application. Keep this confirmation for your records.
Allotment and Listing: Once the IPO subscription period ends, and if your application is successful, you will be allotted the shares. Upstox will inform you about the allotment status. After allotment, the shares will be credited to your Demat account.
Remember that the process may vary slightly depending on any updates or changes made by Upstox or regulatory authorities. It’s essential to stay informed about the IPO’s specific details and follow the instructions provided by Upstox during the application process.

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