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15 Days Price Change

Saj Hotels IPO

Closing In

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WEBSITE Inc. Year: 1981 Industry: Hotel, Resort & Restaurants Listed Page

Profile
Issue Size --
Profile
Price Range 65  to  65 per share
Profile
Min Investment ₹65
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Saj Hotels Limited is a prominent hospitality company based in Mauritius, renowned for its exceptional service and luxurious accommodations. Established with a vision to enhance the island's tourism sector, the company operates several upscale hotels and resorts that cater to both leisure and business travelers. Saj Hotels is committed to providing unique experiences, showcasing the rich culture and natural beauty of Mauritius through personalized services and a diverse range of amenities. The company places a strong emphasis on sustainability, incorporating eco-friendly practices in its operations to preserve the island’s environment. With a dedicated team of hospitality professionals, Saj Hotels aims to deliver unforgettable experiences while maintaining high standards of quality and comfort. The brand’s reputation for excellence has made it a favored choice among visitors seeking a blend of relaxation and adventure in a picturesque setting. Read More

Basic Info

Face Value 10 per share

Price 65  to  65 per share

P/E (x) 24.1

Sales( Cr.) 17

PAT( Cr.) 4

EPS 2.7

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Rahul Maganlal Timbadia Kartik Maganlal Timbadia Karna Kartik Timbadia

Pre Issue Share Holding 84.12%

Post Issue Share Holding 61.94%

Listing Details:

Listing Price: 55

Listing Gain: -18.18%

Current Price: 39

Gain On Issue: 39 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 27, 2024
Closing Date Oct 01, 2024
Allotment Oct 02, 2024
Refund Oct 03, 2024
Delivery of Shares Oct 03, 2024
Listing Date Oct 04, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2000 130,000
Retail (Max) 1 2000 130,000
S-HNI (Min) 2 4000 260,000
S-HNI (Max) 7 14000 910,000
B-HNI (Min) 8 16000 1,040,000

Objective of the Issue

1. Capital Expenditure Requirements towards the Expansion of existing resort properties 2. Funding of working capital requirements of the Company 3. General Corporate Expenses

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 2125000 4505000 2.1x
Retail 2125000 18381250 8.7x
EMP 0 0 0x
Total 4250000 23205000 5.5x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Saj Hotels Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 8 13 13 14 17
Other Income 0 0 0 0 1
Total Income 8 13 13 15 18
Total Expenditure 6 9 9 10 10
Operating Profit 2 4 3 5 8
Interest 1 1 0 0 0
Depreciation 2 1 2 2 2
Exceptional Income / Expenses 0 0 4 4 0
Profit Before Tax -1 2 4 6 6
Provision for Tax 0 1 1 1 2
Profit After Tax -1 1 4 5 4
Adjustments 0 -0 -0 0 0
Profit After Adjustments -1 1 3 5 4
Adjusted Earnings Per Share -1 1.1 2.9 4.2 2.4

Saj Hotels Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 20 82 86 89 117
Minority's Interest 0 0 0 0 0
Borrowings 1 1 0 0 0
Other Non-Current Liabilities 1 1 1 1 2
Total Current Liabilities 11 12 11 7 5
Total Liabilities 33 96 99 98 124
Fixed Assets 28 89 93 92 97
Other Non-Current Assets 2 5 2 3 3
Total Current Assets 3 3 3 3 24
Total Assets 33 96 99 98 124

Saj Hotels Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 0 0 1
Cash Flow from Operating Activities 5 3 8 6 5
Cash Flow from Investing Activities -1 -4 -6 -2 -9
Cash Flow from Financing Activities -3 1 -2 -3 21
Net Cash Inflow / Outflow 1 -1 -0 0 17
Closing Cash & Cash Equivalent 1 0 0 1 18

Saj Hotels Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -1.01 1.11 2.93 4.15 2.43
CEPS(Rs) 0.26 2.44 4.95 5.97 3.54
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 6.35 7.5 11.09 14.61 28.43
Core EBITDA Margin(%) 22.22 32.13 25.36 30.14 37.83
EBIT Margin(%) 4.32 21.12 37.05 43.01 33.91
Pre Tax Margin(%) -14.1 16.43 35.32 42.37 33.46
PAT Margin (%) -14.92 11.24 27.98 34.53 22.67
Cash Profit Margin (%) 3.8 22.61 46.25 49.72 33.92
ROA(%) -3.67 2.24 3.65 5 3.42
ROE(%) -15.93 17.53 32.23 32.27 12.06
ROCE(%) 2.06 14.9 24.31 31 17.17
Receivable days 6.96 3.74 2.07 2.04 3.77
Inventory Days 7.73 3.89 2.46 2.51 3.11
Payable days 182.47 126.59 136.44 148.42 146.68
PER(x) 0 0 0 0 30.55
Price/Book(x) 0 0 0 0 2.61
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 1.36 0.98 0.66 0.99 6.08
EV/Core EBITDA(x) 5.89 3.03 2.52 3.08 13.46
Net Sales Growth(%) 0 59.31 -0.93 12.14 17.88
EBIT Growth(%) 0 678.71 73.75 30.21 -7.08
PAT Growth(%) 0 220.03 146.63 38.37 -22.61
EPS Growth(%) 0 209.85 163.6 41.67 -41.46
Debt/Equity(x) 1.24 1.18 0.47 0.17 0.01
Current Ratio(x) 0.28 0.21 0.29 0.47 4.35
Quick Ratio(x) 0.26 0.2 0.28 0.45 4.32
Interest Cover(x) 0.23 4.5 21.42 66.59 75.88
Total Debt/Mcap(x) 0 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 21% 9% 0% 0%
Operating Profit CAGR 60% 26% 0% 0%
PAT CAGR -20% 59% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -43% NA% NA% NA%
ROE Average 12% 26% 16% 16%
ROCE Average 17% 24% 18% 18%

Company Contact Information

Saj Hotels Ltd.

Saj On The Mountains Survey Number 18 Mahabaleshwar Panchgani Road, Mahabaleshwar

IPO Lead Manager(s)

Saj Hotels Ltd.

Corpwis Advisors Pvt Ltd.

Registrar Info

Saj Hotels Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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