IPO Details
Saj Hotels Ltd.
Office no. 102, 1st Floor,Navkar Plaza Premises Co-op Society Ltd, Bajaj Road, Vile Parle (W), Mumbai, Maharashtra - 400056
Phone: 62875252

Public Issue of 4250000 Equity Shares of Rs. 10.00 each for Cash at a Premium of Rs. 55.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
27/09/202401/10/202465.00 -
Lead Managers Registrar Listed at
CORPWIS ADVISORS PVT. LTD.
Satellite Corporate Services Pvt. Ltd.
A 106 & 107, Dattani Plaza,
East West Compound,, Andheri Kurla Road,
Mumbai, Maharashtra - 400072
Phone: 28520461 Fax:
NSE
Object of the issue

1. Expansion of existing property
2. Funding of working capital requirements of the Company
3. General Corporate Expenses

Project Cost
(₹ in Crs.)
CAPITAL EXPENDITURE17.00
ISSUE EXPENSES3.30
WORKING CAPITAL REQUIREMENTS4.00
GENERAL CORPORATE EXPS.3.33
TOTAL COST27.63
Means of Finance
(₹ in Crs.)
PUBLIC ISSUE27.63
TOTAL COST27.63
Promoted by

1. Rahul Maganlal Timbadia
2. Kartik Maganlal Timbadia
3. Karna Kartik Timbadia