Saj Hotels IPO: The hotel and resorts company will carry shares allotment on Thursday, October 3, 2024, after its Rs 27.63 crore SME IPO closed the bidding window with subscription of 5.46x. Investors can check their application status on the IPO's registrar Satellite Corporate and exchange NSE.
Saj Hotels IPO Allotment Status:
The basis of allotment of shares in the Saj Hotels IPO that closed on October 1, will be carried on October 3. There are two ways to check the status of the application. One is the registrar of the IPO, Satellite Corporate Services. Second is the exchange NSE since the IPO will list on its SME index.
To Check The Status Of The Application On Satellite Corporate Services, Click On The Below Link
As per the NSE website, to avail of this facility, the investor has to register one time by providing the PAN details. The user shall be able to view the details of the bids entered against the registered PAN number. However, first, they need to register on NSE. On registration, the investor will receive an email notification from NSE on the registered email address providing the login details.
NSE will also provide Allotment information as provided by the registrar to the issue.
Saj Hotels IPO GMP Today:
As per Investor Grain data, Saj Hotels SME IPO last GMP is ₹0, last updated Oct 3rd 2024 06:03 AM. With a price band of 65.00, Saj Hotels SME IPO's estimated listing price is ₹65 (cap price + today's GMP). The expected percentage gain/loss per share is 0.00%.
Saj Hotels IPO Details:
The Rs 27.63 crore IPO opened on September 27 and closed for bidding on October 1, 2024. The price band was fixed at Rs 65 per share. On the final day, the IPO was fully subscribed by 5.46x, with massive demand from retail and the NII category.
After the IPO, the basis of allotment, the approved shares will be credited to demat accounts on October 4. Also, if your application is rejected, the refund will be initiated on Friday as well. The IPO is expected to list on October 7.
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