Issue Price
₹126
Per Share
GMP
NIL
Grey Market
Est. Listing
₹126
Expected Price
Min. Application
₹29,988
2 lots × 119 shares
Incorporated in 2010, SAMHI Hotels Limited is a branded hotel ownership and asset management platform in India.SAMHI Hotels has a portfolio of 4,801 keys across 31 operating hotels in 14 of India's key urban consumption centers, including Bengaluru, Karnataka; Hyderabad, Telangana; National Capital Region (NCR); Pune, Maharashtra; Chennai, Tamil Nadu; and Ahmedabad, Gujarat as of March 31, 2023. The company also has 2 hotels under development with a total of 461 keys in Kolkata and Navi Mumbai.On August 10, 2023, the company acquired Asiya Capital and the ACIC SPVs (the ACIC SSPA) which gained the company an additional 962 keys across six operating hotels and land for the development of a hotel in Navi Mumbai, Maharashtra.SAMHI's hotels operate under 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, which provide its hotels' access to the operator's loyalty programs, management and operational expertise, industry best practices, online reservation systems, and marketing strategies.
SAMHI Hotels Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 108,738,095 | 100.00% | ₹1,370.10 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 119 | ₹14,994 |
| Retail (Max) | 13 | 1,547 | ₹194,922 |
| sNII (Min) | 14 | 1,666 | ₹209,916 |
| bNII (Min) | 68 | 8,092 | ₹1,019,592 |
| Particulars | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 179.25 | 333.10 | 761.42 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | -477.73 | -443.25 | -338.59 |
| Net Worth | -259.28 | -702.63 | -871.43 |
| Total Assets | 2488.00 | 2386.58 | 2263.00 |
| Reserves & Surplus | -203.12 | -646.47 | -816.18 |
| Total Borrowings | 2424.40 | 2597.69 | 2787.54 |