Here we will be providing the details related to SAMHI Hotels IPO GMP Today, Subscription, Listing And Future Outlook.
SAMHI Hotels IPO Overview
Samhi Hotels Limited is a leading hotel management company in India, with a portfolio of 16 hotels and resorts across 13 destinations. The company operates under the brands “The Fern” and “The Fern Residency”. Samhi Hotels is offering an initial public offering (IPO) of 108,738,095 equity shares of the face value of ₹1 each, aggregating to ₹1,370.10 crores. The IPO is open for subscription from September 14 to September 18, 2023.
The company plans to use the proceeds from the IPO to repay debt, fund capital expenditure, and general corporate purposes.
SAMHI Hotels IPO GMP Today In 2023, Overview, Subscription and Listing Forecast
| Parameter | Value |
|---|---|
| Company Name | SAMHI Hotels Limited |
| IPO Size | ₹1,370.10 crore |
| Price Band | ₹119 – ₹126 per share |
| Issue Type | Book-built IPO |
| Fresh Issue | ₹1,200 crore |
| Offer for Sale (OFS) | ₹170.10 crore |
| Retail Quota | 10% |
| QIB Quota | 75% |
| HNI Quota | 15% |
| Minimum Investment | ₹14,994 (for retail investors) |
| GMP | ₹16 per share |
| Listing Date | Tentative: September 27, 2023 |
SAMHI Hotels IPO Subscription Status
The Samhi Hotels IPO has been subscribed 0.07 times as of September 14, 2023 (Day 1). The public issue subscribed 0.37 times in the retail category, 0.00 times in QIB, and 0.03 times in the NII category.
SAMHI Hotels IPO GMP Today
SAMHI Hotels IPO GMP Today is ₹35 as of September 15, 2023. This means that investors are willing to pay ₹35 per share for SAMHI Hotels IPO in the grey market, which is above the IPO price band of ₹119 to ₹126 per share.
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SAMHI Hotels IPO Listing Forecast
The Samhi Hotels IPO is the first hotel IPO in India since 2020. The company has a strong track record of profitability and a healthy balance sheet. The company is also well-positioned to benefit from the growing demand for hospitality services in India.
However, the IPO is being launched amid a volatile market environment. Additionally, the company’s valuations are relatively high, compared to its peers.
Overall, the Samhi Hotels IPO GMP Today looks good but still there is a risky investment. Investors should carefully consider the risks and rewards before investing in the IPO.
Investment Disclaimer
This blog post is for informational purposes only and should not be construed as investment advice. Investors should always do their own research before making any investment decisions.For more detailed information about Zomato Ltd and other stock market companies visit NSE official website.