
Hospitality & Real Estate · BSE
Silver Pearl Hospitality & Luxury Spaces Limited operates in the hospitality sector, focusing on the mid-priced hotel category, which includes upper-midscale, midscale, and economy hotels. The company's current properties are located in Rakchham, Kinnaur, Himachal Pradesh, and operate under the brand name "Osiya." In addition to hotel operations, Silver Pearl Hospitality is engaged in online marketing and branding for Tashi Dolma Home Stay in Bhabha Nagar, Tehsil Nichar, District Kinnaur, Himachal Pradesh, on a commission basis. This guest house is marketed as "Osiya Tashi Dolma Home Stay." The company's business model includes direct ownership of hotel properties, long-term lease or license agreements for land where hotels are constructed, leasing existing hotels or homestays owned by third parties, and marketing agreements.
Price Band
₹18
Issue Size
₹9.00 Cr
Lot Size
8000 shares
GMP
Est. Listing
₹18
at current GMP
Subscribed
1.68x
overall
Open
6 Jun 2022
Close
11 Jun 2022
Allotment
14 Jun 2022
Refund
15 Jun 2022
Demat Credit
16 Jun 2022
Listing
17 Jun 2022
Designated Registrar: Purva Sharegistry India Private Limited
Allotment Date
14 Jun 2022
Basis finalization
Refunds Initiate
15 Jun 2022
Mandate release
Demat Credit
16 Jun 2022
Shares in demat
Listing Debut
17 Jun 2022
Trading begins
Silver Pearl Hospitality & Luxury Spaces Limited is bringing an initial public offering (IPO) in the Hospitality & Real Estate sector with an aggregate issue size of ₹9 Crores. The shares are offered at a price band of ₹18 to ₹18 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 8000 shares (approx. ₹1,44,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Purva Sharegistry India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-06-16, while un-allotted funds or UPI block mandates will be released on 2022-06-15.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.