The SAMHI Hotels IPO started on September 14, 2023, and ended on September 18, 2023. Shares were allocated on September 22, 2023, and refund processes began on September 25, 2023. On September 26, 2023, the shares were credited to investors demat accounts. SAMHI Hotels was officially listed on the stock exchange on September 27, 2023.
During the IPO, SAMHI Hotels offered shares at a price range of ₹119 to ₹126 per share, and the lot size was 119 shares. The total issue size was ₹1,370.10 crores, with ₹1,200.00 crores from new shares and ₹170.10 crores from shares for sale. The IPO was listed on both the NSE and BSE.
Regarding share reservations, 75% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 10% were set aside for retail investors.
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SAMHI Hotels IPO Subscription Status
The SAMHI Hotels IPO on September 18, 2023 was subscribed 5.57 times, with the retail category being subscribed 1.17 times, the NII (Non-Institutional Investor) category being subscribed 1.29 times, the QIB (Qualified-Institutional Buyers) category being subscribed 9.18 times.
| Category | Subscription |
| QIB | 9.18x |
| NII | 1.29x |
| Retail | 1.17x |
| Total | 5.57x |
SAMHI Hotels IPO Basic Details
| Company Name | SAMHI Hotels Limited |
| Domain of Company | Indian Hotel Industry |
| IPO Open Date | September 14, 2023 |
| IPO Close Date | September 18, 2023 |
| IPO Allotment Date | September 22, 2023 |
| IPO Listing Date | September 27, 2023 |
| Face Value | ₹1 per share |
| Price | ₹119 to ₹126 per share |
| Lot Size | 119 Shares |
| Issue Size | 108,738,095 shares of ₹1 (aggregating up to ₹1,370.10 Cr) |
| Fresh Issue | 95,238,095 shares of ₹1 (aggregating up to ₹1,200.00 Cr) |
| Offer for Sale | 13,500,000 shares of ₹1 (aggregating up to ₹170.10 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE, BSE |
| Company Promoters | No Promoters |
About SAMHI Hotels Limited
Founded in 2010, SAMHI Hotels Limited is a prominent player in India’s hotel industry. They specialize in owning and managing branded hotels.
As of March 31, 2023, SAMHI Hotels boasts a portfolio of 31 operating hotels with a total of 4,801 rooms in India’s major urban hubs, including Bengaluru, Hyderabad, the National Capital Region (NCR), Pune, Chennai, and Ahmedabad. Additionally, they have two hotels in the works, adding 461 more rooms in Kolkata and Navi Mumbai.
In a significant move on August 10, 2023, SAMHI Hotels acquired Asiya Capital along with the ACIC SPVs, giving them ownership of six more operating hotels and land earmarked for a new hotel in Navi Mumbai, Maharashtra, adding 962 keys to their collection.
SAMHI’s hotels are affiliated with renowned brands such as Courtyard by Marriott, Sheraton, Hyatt Regency, Hyatt Place, Fairfield by Marriott, Four Points by Sheraton, and Holiday Inn Express. This partnership grants their hotels access to loyalty programs, management expertise, industry best practices, online reservation systems, and effective marketing strategies.
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SAMHI Hotels IPO FAQs
What is the start and end date of SAMHI Hotels IPO Subscription?
The SAMHI Hotels IPO started on September 14, 2023, and ended on September 18, 2023.
When does SAMHI Hotels IPO Subscription open?
The SAMHI Hotels IPO open on September 14, 2023.
When does SAMHI Hotels IPO Subscription close?
The SAMHI Hotels IPO Close on September 18, 2023.
What is the allotment date of SAMHI Hotels IPO?
The allotment date for SAMHI Hotels IPO is September 22, 2023.
When is the initial refund date of SAMHI Hotels IPO?
The initial Refund date for SAMHI Hotels IPO is September 25, 2023.
When were the shares credited to investors demat accounts for the SAMHI Hotels IPO?
The shares for the SAMHI Hotels IPO were credited to investors demat accounts on September 26, 2023.
When will SAMHI Hotels IPO be listed on the stock market?
SAMHI Hotels IPO stock market will be listed on September 27, 2023 at 10 am.
What was the price range of the SAMHI Hotels IPO shares?
The SAMHI Hotels IPO shares were offered at a price range of ₹119 to ₹126 per share.
What was the lot size for the SAMHI Hotels IPO shares?
The lot size for the SAMHI Hotels IPO shares was 119 shares.
What was the total issue size of the SAMHI Hotels IPO?
The total issue size of the SAMHI Hotels IPO was ₹1,370.10 crores.
How were the shares allocated among different types of investors for the SAMHI Hotels IPO?
75% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 10% were set aside for retail investors.
On which stock exchanges was the SAMHI Hotels IPO listed?
The SAMHI Hotels IPO was listed on both the NSE and BSE.
What is the SAMHI Hotels IPO Subscription Status?
SAMHI Hotels IPO is subscribed 00 Times.
