
Hospitality · NSE
Saj Hotels Limited, incorporated in February 1981, is engaged in the hospitality sector, offering resort accommodations, villa rentals, restaurants, and bar services. The company owns or leases three resort properties, of which two are owned and directly operated, and one is leased to a third party. Saj Hotels caters to a diverse customer base and also provides event spaces for conferences, weddings, and social gatherings. To expand its offerings within the travel and hospitality ecosystem, the company holds a 50% stake in My Own Rooms Dot In Private Limited. As of May 2024, Saj Hotels employs 144 people across various departments.
Price Band
₹65
Issue Size
₹27.63 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹65
at current GMP
Subscribed
5.44x
overall
Open
27 Sep 2024
Close
1 Oct 2024
Allotment
4 Oct 2024
Refund
5 Oct 2024
Demat Credit
6 Oct 2024
Listing
7 Oct 2024
Last updated: 19 Nov 2025
Current Premium
Issue Price (Upper)
₹65
Band: ₹65
Estimated Listing Price
₹65
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,30,000
Estimated Profit / Lot
₹0
2000 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹65 |
| 30 Oct 2026 | — | 0.0% | ₹65 |
| 29 Oct 2026 | — | 0.0% | ₹65 |
GMP is unofficial market data. Not a guarantee of listing performance.
Saj Hotels Limited is bringing an initial public offering (IPO) in the Hospitality sector with an aggregate issue size of ₹27.63 Crores. The shares are offered at a price band of ₹65 to ₹65 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-10-01, the basis of allotment is scheduled to be finalized on 2024-10-04. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Satellite Corporate Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for Saj Hotels Limited IPO is ₹0, which indicates an expected listing price of ₹65.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.