Samhi Hotels Ltd. IPO

Samhi Hotels, a leading hotel ownership and asset management platform in India, holds the third-largest inventory of operational keys in the country as of March 31, 2023. With 25 operating hotels in key urban centers like Bengaluru and Hyderabad, Samhi follows an acquisition-focused strategy. It specializes in business hotels and collaborates with established operators such as Marriott and Hyatt. This approach, along with its diversified portfolio, positions Samhi for ongoing success in India's hospitality industry.

RHP
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DRHP
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Open Date

2023-09-14

Close Date

2023-09-18

Samhi Hotels Ltd. IPO Details

Check out the issue details for Samhi Hotels Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 126

Price Band

₹ 119 - 126

Issue Size

1370.1 Cr.

Issue Type

Book Built

Open

2023-09-14

Close

2023-09-18

Listingprice

₹ 134.5

ListingGain

6.75%

Listing Date

2023-09-22

CMP

₹ 181.92

Current Return

44.38%

Samhi Hotels Ltd. News

Samhi Hotels informs about cancellation of schedule of analyst meetings18 Nov, 5:34PM Samhi Hotels - Quaterly Results8 Nov, 5:50PM Samhi Hotels - Quaterly Results8 Nov, 5:50PM Samhi Hotels informs about press release8 Nov, 5:23PM Samhi Hotels’ arm signs lease deed for ready building in Hyderabad8 Nov, 11:43AM Samhi Hotels informs about acquisition4 Oct, 3:37PM Samhi Hotels gets nod to acquire 100% stake in Innmar Tourism and Hotels 4 Oct, 3:30PM Samhi Hotels informs about earnings call transcript12 Aug, 3:02PM Samhi Hotels - Quaterly Results2 Aug, 5:53PM Samhi Hotels - Quaterly Results2 Aug, 5:53PM Samhi Hotels - Quaterly Results2 Aug, 5:53PM SAMHI Hotels informs about earnings call31 Jul, 5:28PM SAMHI executes agreement with Marriott for rebranding two hotels19 Jul, 9:30AM SAMHI Hotels informs about disclosure 1 Jul, 5:30PM SAMHI Hotels informs about press release30 May, 10:15AM Samhi Hotels - Quaterly Results29 May, 10:19PM Samhi Hotels - Quaterly Results29 May, 10:19PM Goldman Sachs offloads stake in Samhi Hotels for Rs 343 crore3 Apr, 2:23PM Samhi Hotels informs about disclosure28 Mar, 5:15PM Samhi Hotels gets nod to invest funds in two wholly-owned subsidiaries22 Mar, 11:58AM

Company Financials

You can get the following financial statements of Samhi Hotels Ltd. as of now.

Company Name

Samhi Hotels Ltd.

Exchange

NSE: SAMHI BSE: 543984

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

The details about the Samhi Hotels IPO is as:

  • The issue size of the IPO is 1370.1 Cr.
  • The price band for Samhi Hotels IPO is Rs 119 to Rs 126.
  • The shares of Samhi Hotels IPO will list on 22nd September 2023.
  • The latest tentative GMP of Samhi Hotels IPO is Rs 10.
  • The shares of Samhi Hotels IPO is subscribed 5.57 Times as of 18 September 2023. 

 

Samhi Hotels IPO Valuation

The approx valuation of Samhi Hotels IPO company based on its price band and DRHP (prospectus) is: 

Particulars Value
Upper Price Band Rs 126
Existing Shares (Qty) 12.27 Cr
Fresh Issue 1200 Cr
Market Cap 2746.02 Cr
EPS (FY23) Rs -43.93
Industry PE 61.52x

 

Samhi Hotels IPO Issue Size

Samhi Hotels IPO issue size is 1370.1 Cr. 

Issue Amount
Fresh Issue 1200 Cr
Offer For Sale 170.1s Cr

  

Samhi Hotels IPO Market Lot

An Individual can apply for a minimum 1 lot of 119 shares and a maximum of 13 lots of 1547 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 119 Rs 14,994
 Maximum 13 1547 Rs 1,94,922

 

Samhi Hotels IPO share offer

The shares of Samhi Hotels IPO is subscribed 5.57 Times as of 18  September 2023. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Minimum 75% 9.18 Times
Non-Institutional Maximum 15% 1.29 Times
Retail Individual Maximum 10% 1.17 Times
Total   5.57s Times

 

Find below the dates for Samhi Hotels IPO:

Schedule Date
Basis of Allotment 22 September 2023
Refunds 25 September 2023
Credit to Demat Account 26 September 2023
IPO Listing Date 27 September 2023

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 76.15 43.99 69.44 102.63 150.56
Total Expenditure 59.07 45.66 62.21 78.21 143.3
Operating Profit 17.08 -1.67 7.23 24.42 7.26
Other Income 62.56 31.03 7.02 19.29 15.12
Interest 69.96 106.27 86.57 97.21 118.31
Depreciation 10.79 10.11 10.12 9.66 9.23
Exceptional Items -442.34 0 0 -2.24 25.05
Profit Before Tax -443.45 -87.03 -82.44 -65.4 -80.1
Provision for Tax -26.33 0 0 0 0
Net Profit -417.42 -87 -82.44 -65.4 -80.1
Adjusted EPS (Rs.) -5.47 -1.14 -1.08 -0.77 -0.36

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 7.63 7.63 7.63 8.53 22
Total Reserves 842.97 810.36 704.61 808.22 2795.1
Borrowings 471.79 546.48 775.44 514.77 338.25
Other N/C liabilities 4.02 7.07 162.1 8.16 7.16
Current liabilities 185.33 141.9 184.5 474.44 77.82
Total Liabilities 1511.73 1513.43 1834.27 1814.12 3240.34
Assets
Net Block 195.36 188.39 231.63 228.87 224.42
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 846.35 957.13 1411.11 1321.27 2750.62
Loans & Advances 324.84 281.06 105.49 140.53 11.27
Other N/C Assets 11.02 6.08 10.47 10.46 19.97
Current Assets 134.17 80.78 75.57 113 234.05
Total Assets 1511.73 1513.43 1834.27 1814.12 3240.34
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 5.6 3.63 1.91 2.01 2.94
Profit Before Tax -48.4 -81.19 98.14 -0.29 -2.91
Tax 0 0 0 0 0
Profit After Tax -48.4 -81.19 98.14 -0.29 -2.91
Adjusted EPS (Rs) -2.22 -3.72 4.46 -0.01 -0.13

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations -443.45 -87.03 -82.44 -65.4 -80.1
Adjustment 444.69 85.61 90.44 91.85 133.61
Changes in Assets & Liabilities 13.68 57.8 5.48 -20.31 -46.14
Tax Paid 0.04 6.18 -1.02 2.18 -1.28
Operating Cash Flow 14.96 62.57 12.46 8.31 6.09
Investing Cash Flow -42.3 -12.61 -119.08 -12.81 -496.16
Financing Cash Flow 66.73 -30.69 88.9 16.06 509.71
Net Cash Flow 39.38 19.27 -17.73 11.56 19.64
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