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SAMHI Hotels IPO GMP, Price, Dates & Allotment Details 2023

SAMHI Hotels IPO GMP, Price, Dates & Allotment Details 2023

Introduction

The SAMHI Hotels IPO will open on September 14 and close on September 18, 2023. As per the DRHP filed with SEBI, the company intends to raise approximately ₹ 1,370.10 crores through public issue.

SAMHI Hotels Limited (“the Company”)

Samhi Hotels Limited was incorporated in 2010. This is 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 (Source: JLL Report).

Within 12 years of starting its business operations, they have built a portfolio of 3,839 keys across 25 operating hotels in 12 of India’s key urban consumption centers, including Bengaluru, Hyderabad, the National Capital Region (“NCR”), Pune, Chennai, and Ahmedabad, as of February 28, 2023.

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.

Objects of the Issue,

The company proposes utilising the Fresh Issue’s net proceeds towards funding the following objects:

  1. Repayment/ prepayment/ redemption, in full or in part, of certain borrowings availed of by the company and the subsidiaries including payment of the interest accrued thereon.
  2. General corporate purposes.

Financial Highlights (Restated)

ParticularsFY 2022-23FY 2021-22FY 2020-21
Net Worth(871.43)(702.63)(259.28)
Total Assets2,263.002,386.582,488.00
Reserve & Surplus(816.18)(646.47)(203.12)
Total Borrowings2,787.542,597.692,424.40
Total Revenue761.42333.10179.25
Profit After Tax(338.59)(443.25)(477.73)
(Amount in ₹ Crore)

IPO details

Issue TypeBook Built Issue IPO
IPO Price₹ 119 to ₹ 126 per share
Face Value₹ 1 per share
Market Lot119 Shares
Issue Size108,738,095 shares (aggregating up to ₹ 1,370.10 crores)
Fresh Issue95,238,095 shares (aggregating up to ₹ 1,200 crores)
Offer for Sale13,500,000 shares (aggregating up to ₹ 170.10 crores)
Listing AtNSE and  BSE

IPO Reservation

CategoriesNo. of shares offered
QIB shares offeredNot more than 75% of the net offer
NII (HNI) shares offeredNot less than 15% of the offer
Retail shares offeredNot less than 10% of the offer

GMP: SAMHI Hotels IPO

GMP, or grey market premium, is available on this page. The IPO GMP is updated on a day-to-day basis during the running period of the IPO, due to which the GMP rates fluctuate and stabilise after some time. GMP rates are not 100% guaranteed. Please click here for GMP details.

Tentative Dates: SAMHI Hotels IPO

The issue opens for subscription on September 14, 2023, and closes for subscription on September 18, 2023 (both days inclusive). The basis of allotment will be finalised on September 22, 2023, and the refunds will be initiated on September 25, 2023. In addition, the demat credits are expected to happen on September 26, 2023, and the stock will be listed on the NSE and BSE on September 27, 2023. The UPI mandate confirmation cut-off time is 5:00 PM on the issue closing day.

Opening DateSeptember 14, 2023
Closing DateSeptember 18, 2023
Basis of AllotmentSeptember 22, 2023
Initiation of RefundsSeptember 25, 2023
A credit of shares to Demat A/cSeptember 26, 2023
Listing DateSeptember 27, 2023

Lot Size

The lot size of the Yatra Online IPO is 119 shares. A retail-individual investor can apply for up to 13 lots, i.e. 1,547 shares of ₹ 194,922.

ApplicationsLotsSharesAmount 
Retail (Minimum)1119₹ 14,994
Retail (Maximum)131,547₹ 194,922
S-HNI (Minimum)141,666₹ 209,916
S-HNI (Maximum)667,854₹ 989,604
B-HNI (Minimum)677,973₹ 1,004,598

Miscellaneous Information

Download Prospectus (PDF)IPO DRHP
IPO RHP
Company Contact InformationSAMHI 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: [email protected]
Website: https://www.samhi.co.in/index.php
IPO RegistrarKFIN Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Manager(s)• JM Financial Limited 
• Kotak Mahindra Capital Company Limited

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