
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
Overall Subscription
1.68x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 2,500,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 750,000 | — | 0.00x |
| Retail Individual (RII) | 1,750,000 | — | 0.00x |
| Total | 5,000,000 | 0 | 1.68x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 219 | 368 | 1.68x |
| HNIs (10L +) | 1 | 2 | 2.00x |
| HNIs (2-10L) | 7 | 12 | 1.71x |
| Total Applications | 227 | 382 | 1.68x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Silver Pearl Hospitality & Luxury Spaces 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 ₹18 to ₹18 per equity share.
The retail lot size is 8000 shares requiring a minimum application amount of ₹1,44,000. Expected listing price is ₹18 per equity share.
The Silver Pearl Hospitality & Luxury Spaces Limited IPO aggregate issue size is ₹9 Crores with an equity price band set at ₹18 to ₹18 per equity share. The retail lot size is 8000 shares requiring a minimum capital outlay of approx. ₹1,44,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.68x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Purva Sharegistry India Private Limited) and the BSE status verification website on or around 2022-06-14. Investors can verify status using PAN card or application number.
Silver Pearl Hospitality & Luxury Spaces Limited shares are scheduled to list on BSE on 2022-06-17.