Hospitality / Hotel Asset Management - Listed on 22 September 2023
SAMHI Hotels (Hospitality / Hotel Asset Management) closed its IPO window in 2023 and listed on NSE and BSE on 22 September 2023 at an upper band issue price of Rs 126, opening at Rs 134.5 for a listing gain of +6.7% and closing day one at Rs 143.4 (+13.8% on closing basis). The IPO was subscribed 5.33x overall - QIB 8.82x, HNI/NII 1.22x, Retail 1.11x. The total issue size was Rs 1,370.1 Cr (Fresh Issue Rs 1200 Cr, OFS Rs 170.1 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Hospitality / Hotel Asset Management
SAMHI Hotels operates in the Hospitality / Hotel Asset Management space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The SAMHI Hotels issue was offered at an upper price of Rs 126 and raised approximately Rs 1,370.1 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 10 | +7.94% |
| Day 2 | Rs 10 | +7.94% |
| Day 3 | Rs 10 | +7.94% |
| Day 4 | Rs 10 | +7.94% |
| Day 5 | Rs 10 | +7.94% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
How the broader market moved around the SAMHI Hotels IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
SAMHI Hotels IPO listed at +6.7% versus the upper issue price of Rs 126 on 22 September 2023.
SAMHI Hotels IPO was subscribed 5.33x overall. QIB portion was subscribed 8.82x, HNI / NII 1.22x and Retail 1.11x.
IPO GMP started at Rs 10 on Day 1 and moved to Rs 10 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.