SAMHI Hotels Limited, founded in 2010, is an Indian branded hotel ownership and asset management platform.
As of March 31, 2023, SAMHI Hotels had 4,801 keys across 31 operating hotels across 14 of India’s key urban consumption areas, including Bengaluru, Karnataka, Hyderabad, Telangana, the National Capital Region (NCR), Pune, Maharashtra, Chennai, Tamil Nadu, and Ahmedabad, Gujarat. In addition, the business is developing two hotels in Kolkata and Navi Mumbai, totaling 461 keys.
On August 10, 2023, the firm purchased Asiya Capital and the ACIC SPVs (the ACIC SSPA), gaining the company 962 keys across six operating hotels as well as land for the development of a hotel in Navi Mumbai, Maharashtra.
SAMHI’s hotels are managed by well-known hotel operators such as Courtyard by Marriott, Sheraton, Hyatt Regency, Hyatt Place, Fairfield by Marriott, Four Points by Sheraton, and Holiday Inn Express, who provide 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 Date | September 14, 2023 to September 18, 2023 |
| Listing Date | [.] |
| Face Value | RS 1 per share |
| Price | [.] to [.] per share |
| Lot Size | |
| Total Issue Size | |
| Fresh Issue | [.] shares (aggregating up to Rs 1,200.00 Cr) |
| Offer for Sale | 13,500,000 shares of Rs 1 (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 122,797,231 |
SAMHI Hotels IPO Timetable
| IPO Open Date | Thursday, September 14, 2023 |
| IPO Close Date | Monday, September 18, 2023 |
| Basis of Allotment | Friday, September 22, 2023 |
| Initiation of Refunds | Monday, September 25, 2023 |
| Credit of Shares to Demat | Tuesday, September 26, 2023 |
| Listing Date | Wednesday, September 27, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 18, 2023 |
SAMHI Hotels IPO Reservation
| QIB Shares Offered | Not less than 75.00% of the Net offer |
| NII (HNI) Shares Offered | Not more than 15.00% of the Offer |
| Retail Shares Offered | Not more than 10.00% of the Offer |
