SAMHI Hotels IPO Allotment Status, Allotment Date, Share Price, GMP

SAMHI Hotels IPO Allotment Status- The subscription period for the Samhi Hotels Initial Public Offering (IPO) started on September 14, 2023, and it will expire on September 18, 2023. By selling 13,500,000 equity shares at a price of one rupee apiece and issuing 1200 crores in new shares, Samhi Hotels’ initial public offering (IPO) hopes to raise roughly 1370 crores. Retail has a 10% quota, QIB has a 75% quota, and HNI has a 15% quota.The SAMHI Hotels IPO Allotment Status process is anticipated to be completed on Friday, September 22, 2023. Beginning on September 25, 2023, refunds will be issued, shares will be credited to demat accounts on September 26, 2023, and the listing day has been set for Wednesday, September 27, 2023.

Here, you may get crucial information regarding the SAMHI Hotels IPO’s Allotment Status, Allotment Date, Share Price, and GMP. Investors are more likely to be aware of the SAMHI Hotels IPO Allotment Status information now that the subscription period has ended. For your convenience, we have included the pertinent information in this article.

SAMHI Hotels IPO Allotment Status

Out of the 6,25,29,831 shares being offered in the Samhi Hotels IPO, 43,39,930 have received bids, according to BSE figures. In contrast to the 1,14,34,033 shares that were up for sale in the retail investors’ section of the SAMHI Hotels IPO Allotment Status, bids for 39,13,672 shares were received. Bids for 4,24,354 of the 1,71,51,050 shares that were available for non-institutional investors in the Samhi IPO were received.

The SAMHI Hotels IPO Allotment Status price range is between 119 and 126 per equity share with a 1 face value. Through this public offering, the company hopes to generate $1,370.10 crore, of which $1,200 crore will come from a new issuance and $170.10 crore from an OFS route. The IPO for Samhi Hotels consists of 119 equity shares and subsequent multiples of 119. Prior to its initial public offering, Blue Chandra Pte. Ltd. sold 10.32 million shares, or 8.4% of the company, to TIMF Holdings, Nuvama Crossover Opportunities Fund, and Madhuri Kela, wife of renowned investor Madhusudan Kela, for a total of 130 crore.

SAMHI Hotels Limited IPO Overview

Samhi Hotels IPO GMP

Before the SAMHI Hotels IPO officially begins trading on the stock market, investors are willing to pay an additional price for the company’s shares, known as the “grey market premium” (GMP). The GMP, or how much more some people are ready to pay for each share over the IPO price, is currently 16 for the SAMHI Hotels IPO. The expected listing price, which is based on the IPO price of 126 plus the current GMP of 16, might be 142. A gain of around 12.70% over the IPO price would result from that.

There are particular rates people are ready to pay (1400 and 19600, respectively) if they wish to purchase the shares prior to their formal listing for various investment categories, such as Retail and Small HNI. But keep in mind that these GMP values can alter daily. The GMP has fluctuated during the last three days. If you’re considering investing in the SAMHI Hotels IPO, it’s imperative that you pay attention to these patterns.

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Samhi Hotels IPO Date

From September 14 through September 18, 2023, the Samhi Hotels IPO is planned. Find all the important dates for this eagerly awaited IPO.

Samhi Hotels IPO Listing Date

The IPO for Samhi Hotels is scheduled to go public on September 27, 2023. On that date, shareholders can expect the shares to begin trading on the BSE and NSE. With its IPO, which had a price range of Rs 119-126 per share and a minimum lot size of 119 shares, Samhi Hotels, a key participant in the Indian hotel ownership and asset management sector, attracted attention. The IPO was open for subscription until September 18, 2023.

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Samhi Hotels IPO Price

The price range for the Samhi Hotels IPO is between 119 and 126 rupees per share. The cost of each share that investors can buy during the IPO is established by this pricing range.

SAMHI Hotels IPO Lot Size

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Samhi Hotels IPO Subscription Status

The SAMHI Hotels IPO’s subscription status shows how many times investors have requested the shares that are being sold in the IPO. The IPO has only obtained a 0.06 times subscription as of right now, which indicates that only 6% of the available shares have been taken up. Although there has been considerable interest in certain categories, such as retail and non-institutional investors, the overall subscription is still quite low.

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Samhi Hotels IPO Review

An opportunity to participate in a business that owns and operates hotels in India is presented by the SAMHI Hotels IPO. Despite the potential of the hospitality industry, it’s crucial to remember that SAMHI Hotels has recently experienced losses and has a negative net asset value (NAV). Before making an investment, investors should carefully weigh their options and evaluate the dangers. Before investing in this IPO, it is essential to consult with financial experts and do extensive research.

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Samhi Hotels IPO Allotment

On September 22, 2023, the SAMHI Hotels IPO’s allotment status will be accessible. Visit the SAMHI Hotels IPO allotment status website and enter your PAN number, Application Number, or DP Client ID to verify the status of your allocation. To examine your allotment information, including the amount of shares allocated, click “Search.” Please be aware that the allotment status is not currently accessible online if the button is deactivated.

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How To Check Samhi Hotels IPO Allotment Status?

The actions below should be followed to check the SAMHI Hotels IPO allotment status:

• Visit the page for the SAMHI Hotels IPO allotment status.
• The “SAMHI Hotels IPO Allotment Status” button should be clicked.
• Your PAN number, application number, or DP Client ID for the demat account should be entered.
• Select “Search” from the menu.
• Examine the allotment result, which will include information such as your name, PAN number, Application Number, the number of shares you requested, and the number of shares you were actually given.

Conclsuion

The allotment status for the SAMHI Hotels IPO is eagerly awaited by investors and market participants. SAMHI Hotels, a leading hotel asset company in India, recently launched its Initial Public Offering (IPO) to raise funds for expansion and growth. The IPO garnered significant interest from investors, with the issue being oversubscribed multiple times. Now, investors are eagerly waiting to know the allotment status of shares they applied for in the IPO. This information will provide clarity on how many shares each investor has been allocated and at what price. The allotment status will be a crucial factor in determining the future trading and price movement of SAMHI Hotels’ shares on the stock exchanges. Investors can check their allotment status through various channels, including online portals and registrar websites.

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