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Saj Hotels IPO Priced at ₹65 with ₹0 Grey Market Premium – Key Financials and Details Revealed

Saj Hotels Limited IPO offers shares at ₹65, with a ₹0 Grey Market Premium. Available in 2000 share lots, the subscription runs from September 27 to October 1, 2024.
Saj Hotels IPO Priced at ₹65 with ₹0 Grey Market Premium – Key Financials and Details Revealed

Saj Hotels Limited IPO has a ₹0 Grey Market Premium as of September 26, 2024, with a price range of ₹65 per share. Offering lots of 2000 shares, the subscription window is open from September 27 to October 1, 2024.

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Saj Hotels Limited IPO GMP Today

As of September 26, 2024, Saj Hotels Limited’s Grey Market Premium (GMP) is ₹0. This assessment coincides with the IPO’s price of ₹65 per share.

Saj Hotels Limited IPO Review

Saj Hotels Ltd demonstrates robust financial health, consistent revenue growth, and enhanced profitability. Revenue rose from ₹1,283.25 lakhs in 2022 to ₹1,425.77 lakhs in 2024, while profit after tax increased from ₹144.25 lakhs in 2022 to ₹344.68 lakhs in 2024, reflecting the company’s effective business expansion.

The company’s equity strengthened from ₹8,214.70 lakhs in 2022 to ₹8,909.21 lakhs in 2024, boosting shareholder returns as the diluted EPS grew from ₹1.21 in 2022 to ₹2.90 in 2024. With a healthy balance sheet, RoNW improved to 19.91%, and NAV per Equity Share is ₹14.70 in 2024. Saj Hotels showcases strong liquidity and reduced reliance on debt.

To get a full IPO review, click here Saj Hotels IPO

Saj Hotels Limited IPO Date

Saj Hotels Limited will accept subscriptions from September 27 to October 1, 2024.

Saj Hotels Limited IPO Price

Saj Hotels Limited’s price range is at ₹65 per share with a face value of ₹10 each.

Saj Hotels Limited

Saj Hotels operates in the hospitality industry, offering various B2B, B2B2C, and B2C services, including resort accommodations, villa rentals, and restaurant properties. The company provides guests with food, recreation, and event-hosting services. Their resorts are ideal venues for conferences, weddings, and social events, offering complete event planning and management for a seamless, memorable experience.

How To Apply For Saj Hotels Limited IPO?

To apply for the Saj Hotels Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Saj Hotels Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Saj Hotels Limited IPO at Alice Blue in just a few clicks!

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