Saj Hotels Limited IPO
Saj Hotels Limited was a SME IPO in the Hotels & Resorts sector, offered at ₹65–₹65 per share to raise ₹28 crore. It listed on 7 Oct 2024 at ₹55 and closed its first day at ₹52, a listing loss of -19.3% versus the ₹65 issue price. It now trades around ₹26 (-60.1% versus the issue price).
Frequently asked questions
- What were the Saj Hotels Limited IPO listing gains?
- Saj Hotels Limited listed on 7 Oct 2024 at ₹55, closing its first day at ₹52 — a listing loss of -19.3% versus the ₹65 issue price.
- What was the price band and lot size of the Saj Hotels Limited IPO?
- The price band was ₹65–₹65 per share, with a minimum lot of 2,000 shares (₹1,30,000 at the upper band).
- Who were the registrar and lead manager for the Saj Hotels Limited IPO?
- Satellite Corporate Services Private Limited was the registrar, and Corpwis Advisors was the book-running lead manager.