What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Saj Hotels Limited IPO?

Saj Hotels Limited IPO has received a total subscription of 5.44 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Saj Hotels Limited

ListedSME

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

1 Oct 2024

Allotment

4 Oct 2024

Refund

5 Oct 2024

Demat Credit

6 Oct 2024

Listing

7 Oct 2024

Last updated 12 months ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

5.44x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

2.23x

High Net-Worth

Retail (RII)

8.66x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 5.44x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	2,018,000	4,502,000	2.23x
RETAIL	2,018,000	17,468,000	8.66x
Total	4,036,000	21,970,000	5.44x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 8.43x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	744	6,443	8.66x
HNIs (10L +)	5	11	2.23x
HNIs (2-10L)	23	51	2.23x
Total Applications	772	6,505	8.43x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Saj Hotels Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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.

Frequently Asked Questions

What is Saj Hotels Limited IPO GMP today?

Currently, Saj Hotels Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹65 to ₹65 per equity share.

What is the expected profit per lot for Saj Hotels Limited IPO?

The retail lot size is 2000 shares requiring a minimum application amount of ₹1,30,000. Expected listing price is ₹65 per equity share.

What is the issue size and price band for Saj Hotels Limited IPO?

The Saj Hotels Limited IPO aggregate issue size is ₹27.63 Crores with an equity price band set at ₹65 to ₹65 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,30,000.

How can I check Saj Hotels Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 5.44x (Retail: 8.66x, QIB: 0.00x, NII: 2.23x). You can track live multiples directly on our dedicated subscription page.

Where and when will Saj Hotels Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Satellite Corporate Services Private Limited) and the BSE status verification website on or around 2024-10-04. Investors can verify status using PAN card or application number.

When is the listing date for Saj Hotels Limited IPO?

Saj Hotels Limited shares are scheduled to list on NSE on 2024-10-07.