Samhi Hotels Limited is a leading hotel owner and asset manager in India. It has a portfolio of 25 operating hotels comprising 3,839 keys and has a diverse geographic presence in 12 cities across India, including Delhi, Bengaluru, Hyderabad, Chennai, Pune and Ahmedabad.
The company also has 2 hotels under development with a total of 461 keys in Kolkata and Navi Mumbai.
On August 10, 2023, the company acquired Asiya Capital and the ACIC SPVs (the ACIC SSPA) which gained the company an additional 962 keys across six operating hotels and land for the development of a hotel in Navi Mumbai, Maharashtra.
SAMHI’s hotels operate under well-recognized hotel operators such as Courtyard by Marriott, Sheraton, Hyatt Regency, Hyatt Place, Fairfield by Marriott, Four Points by Sheraton, and Holiday Inn Express, which provide its hotels’ access to the operator’s loyalty programs, management and operational expertise, industry best practices, online reservation systems, and marketing strategies.
Samhi Hotels IPO – Details
| IPO Opening Date | 14 September 2023 |
| IPO Closing Date | 18 September 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 10,87,38,095 Shares Worth ₹1370.1 Crore Fresh Issue: 9,52,38,095 Shares Worth ₹1200.00 Crore Offer for Sale: 1,35,00,000 Shares Worth ₹170.1 Crore |
| Face Value | ₹1 per equity share |
| IPO Price | ₹119 – ₹126 |
| Market Lot | 119 Shares |
| Min Order | 119 Shares (1 Lot) |
| Listing At | BSE, NSE |
| Register | KFin Technologies Private Limited |
| QIB Shares Offered | 75% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 10% |
Samhi Hotels IPO – Date Schedule
| IPO Open Date | 14 September 2023 |
| IPO Close Date | 18 September 2023 |
| Basis of Allotment Date | 21 September 2023 |
| Initiation of Refunds | 21 September 2023 |
| Credit of Shares to Demat Account | 21 September 2023 |
| IPO Listing Date | 22 September 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on 18 September 2023 |
Samhi Hotels IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 119 | 14,994 |
| Retail (Max) | 13 | 1547 | 1,94,922 |
| S-HNI (Min) | 14 | 1666 | 2,09,916 |
| S-HNI (Max) | 66 | 7854 | 9,89,604 |
| B-HNI (Min) | 67 | 7973 | 10,04,598 |
Competitive Strengths
- The company is ability to acquire dislocated hotels and demonstrated track record to re-rate hotel performance through renovation and/or rebranding;
- The company portfolio’s scale and diversification further enhanced by sector tailwinds;
- The company’s track record to manage hotels efficiently;
- The company is ability to create operating efficiencies and long-term performance using analytics tools; and
- The company’s strong governance and seasoned management team.
Company Promoters
- The Company does not have an Identifiable Promoter
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 179.25 | 238.96 | -477.72 | 2424.40 |
| 31 March 2022 | 333.10 | 311.31 | -443.25 | 2597.68 |
| 31 March 2023 | 761.42 | 500.82 | -338.58 | 2787.54 |
Key Performance Indicator
| KPI | Values |
|---|---|
| Market Cap (₹ Cr.) | 2747 |
Object Of The Issue
- Repayment/ prepayment/ redemption, in full or in part, of certain borrowings availed of by the Company and its Subsidiaries including payment of the interest accrued thereon.
- General corporate purposes.
Samhi Hotels IPO Peer Comparison
| S. No. | Face Value | Company Name | PE |
| 1 | 10 | Chalet Hotels | 61.64 |
| 2 | 10 | Lemon Tree | 75.26 |
| 3 | 1 | Indian Hotels | 59.63 |
| 4 | 2 | EIH | 49.53 |
Samhi Hotels IPO Promoter Holding
| Pre Issue Share Holding | 0% |
| Post Issue Share Holding | 0% |
Samhi Hotels IPO Prospectus
Company Contact Information
| Samhi Hotels Limited Caspia Hotels Delhi, District Centre Crossing, Opposite Galaxy Toyota, Outer Ring Road, Haider Pur, Shalimar Bagh, New Delhi 110 088, India Phone: +91 124 4910 100 Email: compliance@samhi.co.in Website: www.samhi.co.in |
Samhi Hotels IPO Registrar
| KFin Technologies Private Limited Phone: +91 40 6716 2222 Email: samhihotels.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Samhi Hotels IPO Lead Manager(s)
| 1. JM Financial Limited 2. Kotak Mahindra Capital Company Limited |
Samhi Hotels IPO FAQs
| What is Samhi Hotels IPO? Samhi Hotels IPO is a main-board IPO. The issue is priced at ₹119 to ₹126 per equity share. The IPO is to be listed on BSE & NSE. |
| When Samhi Hotels IPO will open? The IPO is to open on 14 September 2023 for QIB, NII, and Retail Investors. |
| What is Samhi Hotels IPO Investors Portion? The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%. |
| How to Apply the Samhi Hotels IPO? You can apply Samhi Hotels IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Samhi Hotels IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Samhi Hotels”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Samhi Hotels IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Samhi Hotels”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Samhi Hotels IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Samhi Hotels”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Samhi Hotels IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Samhi Hotels”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Samhi Hotels IPO Size? Samhi Hotels IPO size is ₹1370.1 Crore. |
| What is Samhi Hotels IPO Price Band? Samhi Hotels IPO Price Band is ₹119 to ₹126. |
| What is Samhi Hotels IPO Minimum and Maximum Lot Size? The minimum bid is 119 Shares with ₹14,994 amount while the maximum bid is 1547 shares with ₹1,94,922. |
| What is the Samhi Hotels IPO Allotment Date? Samhi Hotels IPO allotment date is 21 September 2023. |
| What is the Samhi Hotels IPO Listing Date? Samhi Hotels IPO listing date is 22 September 2023. The IPO is to list on BSE and NSE. |
