SAMHI Hotels IPO Allotment Status | Date | Price | Review | Analysis | Latest News

SAMHI Hotels IPO Allotment Status: Are you curious to know the SAMHI Hotels IPO allotment status? According to the estimates so far, bids for 43,39,930 shares have been made. These shares are out of the 6,25,29,831 shares that are being given in the SAMHI Hotels IPO.

This IPO is a book-built issue of INR 1,370.10 crores. It opened for subscription on the fourteenth of September this year and is set to close today, that is, 18th September. The retail quota is around 10 per cent, while QIB and NII are 75 per cent and 15 per cent, respectively.

SAMHI Hotels is a leading asset management platform in India and boasts of the third-largest stock of operational keys. This post will give you more important details about SAMHI Hotels IPO Allotment Status. 

SAMHI Hotels IPO Allotment Status

Until now, on 18th September 2023, SAMHI Hotels IPO subscribed 1.02 times. This is the third day after the IPO opened. It opened subscriptions this Thursday, and the ending date is today. The retail investor part of this IPO was subscribed 83 per cent, while the NII portion was subscribed 27 per cent.

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The part for Qualified Institutional Buyers was subscribed 1.47 times. The price band of this IPO is between Rs. 119 and Rs. 126 for each share. Also, the minimum size of the lot for an application is 119 shares. 

We believe that the allotment for this IPO will be finalized soon. Friday seems to be the ideal day when this can happen. If you are an investor, you can bid at least 119 shares. For a B-HNI application, the minimum number of shares that you can bid is 7,973. 

Incorporated in the year 2010, SAMHI Hotels has a great portfolio of 4801 keys. These keys are across 31 hotels in many significant Indian urban centres. These include Bengaluru, Karnataka, Telangana, Hyderabad, and more. The company works under renowned operators like Courtyard by Marriott. And Hyatt Regency.

It also operates under other well-known operators like Fairfield by Marriott, Holiday Inn Express, and Four Points by Sheraton. SAMHI acquired Asiya Capital on 10 August 2023. On this date, it also acquired the ACIC SPVs. This move bought the company 962 more keys across six functioning hotels. It fetched its land for building another hotel in the Mumbai area. 

SAMHI Hotels IPO Allotment Status – Key Points 

The IPO issued by SAMHI Hotels has various objectives. It wants to use the overall proceeds from it to fund various things. These include repayment or redemption and general corporate uses. The table gives major details about the IPO allotment status of SAMHI.

Name of the companySAMHI Hotels
Name of articleSAMHI Hotels IPO Allotment Status
Opening date of the IPO14th September, 2023
Closing date of the IPO18th September, 2023
Size of the IPORs. 1370 crores (approximately)
Fresh issue sizeRs. 1200 crores
Face value of the sharesRs. 1 for each equity share
Price band of the IPORs. 119 to Rs. 126 for every share
Date for the basis of IPO allotment22nd September, 2023
Date for the refund initiation25th September, 2023
Date for the credit of shared to Demat26th September, 2023
Date of listing27th September, 2023
Websites to find SAMHI Hotels IPO allotment statusBSE and NSE
CategoryFinance
SAMHI Hotels IPO Allotment Status
SAMHI Hotels IPO Allotment Status

Lot Size of SAMHI Hotels IPO

The following table gives the minimum and highest investment by retail investors and HNI. 

ApplicationSharesLotsAmount
Retail minimum1191Rs.14,994
Retail maximum154713Rs.194,922
S-HNI minimum166614Rs.209,916
S-HNI maximum785466Rs. 989,604
B-HNI minimum797367Rs. 1,004,598

Steps to Check SAMHI Hotels IPO Allotment Status 2023

You can easily know the SAMHI Hotels IPO Allotment Status. These steps will assist you in this process. 

Step 1 –

Navigate to the portal where you can find the allotment status of SAMHI. 

Step 2 –

Now, find the button for the company’s allotment status. Once you find it, click it. 

Step 3 –

Enter the significant details to be able to check your IPO allotment status. These details are mainly your application number/BP client ID and PAN number.

Step 4 –

After entering all these details, tap the ‘Search’ button.

Step 5 –

You will be able to view the allotment result. This will have your name, application ID, PAN number, the total number you requested, and shares that are allotted to you. 

SAMHI Hotels IPO Allotment Status Review 

SAMHI Hotels constructs first-class hotels. It then renovates and rebrands the facility to manage it successfully. Presently, it is the third-largest hotel owner with regards to keys. This company has been using an acquisition-led strategy. This strategy is known for acquiring and making hotels grow their business. 

Currently, SAMHI Hotels has its portfolio in three segments: upper upscale, upper middle scale and middle scale. Through this IPO, SAMHI will pay its own debt and also fulfil other general business needs. Its lead managers for the IPO are Kotak Mahindra Capital Company and JM Financial. The IPO registrar is KAfin Technologies. 

This company has competition from the chain-affiliated and independent hotels in the segments mentioned above. The competition has been steadily increasing, which has led SAMHI to get more employees on their payroll.

The price ban on the company’s shares is Rs. 119 to Rs. 126 per share. It has assigned not less than 75% for QIBs and not more than 15% for HNIs. Also, the company has not allocated more than 10% for retail investors. 

After this IPO, the existing paid-up equity capital of SAMHI will amount to Rs. 21.80 crore, which is a good improvement from the previous Rs. 12.28 crore. Currently, as per the upper cap of its price band, it is searching for a market cap worth Rs. 2747.2 crore. 

Important Links

Official website Click here
Homepage Click here

SAMHI Hotels IPO Allotment Status

Frequently Asked Questions


How do I check if my IPO is allotted or not?

Use the registrar’s website to check the IPO allotment status. You can also check it on the NSE or BSE website.

What are the reasons for shares not being allotted to me?

You might not be allotted a share if you enter the wrong information on your application form.

When is the finalization of SAMHI Hotels IPO allotment?

The finalization of the IPO allotment of SAMHI Hotels will take place on Friday, 22 September 2023. 

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