Issue Price
₹18
Per Share
GMP
NIL
Grey Market
Est. Listing
₹18
Expected Price
Min. Application
₹288,000
2 lots × 8000 shares
Silver Pearl Hospitality & Luxury Spaces Limited is a hospitality company. The company is involved in the mid-priced hotel category, which includes upper-midscale, midscale, and economy hotels. Silver Pearl Hospitality's current properties are located in Rakchham, Kinnaur, and Himachal Pradesh. Silver Pearl Hospitality & Luxury Spaces Limited hotels, cafes and restaurants are operated under the brand name "Osiya".The company also engages in the business of Online Marketing and Branding of Tashi Dolma Home stay situated at Bhabha Nagar, Tehsil Nichar, District Kinnaur, Himachal Pradesh on a commission basis. The guest house will be known as " Osiya Tashi Dolma Home Stay".The company business model includes direct ownership of hotel properties, long-term lease or license arrangements for the land on which the company constructs its hotels, long-term leases for existing hotels or homestays which are owned by third parties, and marketing agreements.Competitive Strengths:Experienced promoter and management team.Operational efficiency.Customer Experience.
Silver Pearl Hospitality & Luxury Spaces Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 264,000 | — | ₹0.48 Cr | — |
| TOTAL | 5,000,000 | 100.00% | ₹9.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 8,000 | ₹144,000 |
| Retail (Max) | 13 | 104,000 | ₹1,872,000 |
| sNII (Min) | 14 | 112,000 | ₹2,016,000 |
| bNII (Min) | 68 | 544,000 | ₹9,792,000 |
| Particulars | 31-Mar-20 | 31-Mar-21 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 29.38 | 18.41 | 45.89 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 0.48 | 3.30 | 11.72 |
| Net Worth | 91.04 | 94.34 | 436.92 |
| Total Assets | 211.06 | 244.48 | 459.79 |
| Reserves & Surplus | 55.08 | 58.38 | 165.35 |
| Total Borrowings | N/A | N/A | N/A |