Sailani Tours N Travels Limited IPO
BSE SME₹120,000 / 8000 Shares
Sailani Tours N Travels Limited IPO Details
The Sailani Tours N Travels Limited IPO price band is set between ₹15 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 27 Jun, 2022 and closes on 30 Jun, 2022. Investors can check the allotment status on 5 Jul, 2022, while the listing date is tentatively scheduled for 8 Jul, 2022.
The total issue size is 1,264,000 shares of ₹10, aggregating up to ₹1.90 Cr. Stay tuned for the latest Sailani Tours N Travels Limited IPO review and GMP updates.
Sailani Tours N Travels Limited IPO Review, Rating & Analysis
Sailani Tours N Travels Limited IPO Review
NO REVIEWSailani Tours N Travels Limited IPO Rating
Sailani Tours N Travels Limited IPO Highlights
IPO Date
Jun 27, 2022 - Jun 30, 2022
Listing Date
8 Jul, 2022
Face Value
₹10 Per Equity Share
Price Band
₹15 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Sailani Tours N Travels Limited IPO Lot Size
The minimum market lot for Sailani Tours N Travels Limited IPO is 8000 shares with an application amount of ₹1,20,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 8000 | ₹1,20,000 |
| Retail (Max) | 1 | 8000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 16000 | ₹2,40,000 |
| S-HNI (Max) | 8 | 64000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 72000 | ₹10,80,000 |
Sailani Tours N Travels Limited IPO Timeline
Issue Price
₹15 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Gretex Corporate Services Pvt LtdIssue Size
1,264,000 shares of ₹10(aggregating up to ₹1.90 Cr)Sailani Tours N Travels Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 21 | 6.28 | 3.14 | 0.02 | - | - | - |
| 31 Mar 21 | 5.95 | 1.12 | 0.03 | - | - | - |
| 31 Mar 20 | 6.55 | 4.29 | 0.05 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Krishna Kumar Chanani
- Ms. Sunita Chanani
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 49.27% | 36.03% |
About Company
Sailani Tours N Travels Limited is engaged in offering Tourism and Hospitality services. The company is a travel agency and offers services like Leisure Travel, Corporate Travel, Forex and Visa Processing. Sailani Tours N Travels designs travel packages for both individuals and groups for their domestic and international leisure travel. The company make travel arrangements for corporate clients to cater to their business meetings, conferences, and events.Sailani Tours N Travels Limited has given the franchisees to many entities located at places such as Kolkata, Guwahati, Agartala, Dhanbad, Barreilly, Varanasi, Gwalior, Indore, Ludhiana, Jalandhar, Agra, Jaipur, Rudrapur, Faridabad, Dehradun, Dalhousie, Ranchi, Siliguri, Howrah, Surat, Nagpur, Kanpur, Vidyavihar, Margao, Patna, Udaipur, Bhubaneshwar, Mulund, Pune, Jabalpur, Bhopal, Kalyaninagar, Goa, Mangalore, Malda Allahabad, Bengaluru.
Sailani Tours N Travels Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 600,000 | 600,000 | 1,200,000 |
Day 1 -27-06-22 06:00 PM | 0.32 x | 0.71 x | 0.51 x |
Day 2 -28-06-22 06:00 PM | 0.43 x | 1.65 x | 1.04 x |
Day 3 -29-06-22 06:00 PM | 0.88 x | 2.33 x | 1.61 x |
Day 4 -30-06-22 06:00 PM | 1.87 x | 4.61 x | 3.24 x |
Frequently Asked Questions about Sailani Tours N Travels Limited IPO IPO
When will Sailani Tours N Travels Limited IPO open for subscription?
The Sailani Tours N Travels Limited IPO opens on 27 Jun, 2022 and closes on 30 Jun, 2022.
What is the investors portion for Sailani Tours N Travels Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 600000.
How to apply for Sailani Tours N Travels Limited IPO?
You can apply for Sailani Tours N Travels Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Sailani Tours N Travels Limited IPO?
The issue size of Sailani Tours N Travels Limited IPO is approx ₹1,264,000 shares of ₹10(aggregating up to ₹1.90 Cr) crores.
What is the price band of Sailani Tours N Travels Limited IPO?
The price band for Sailani Tours N Travels Limited IPO is ₹15 per equity share to ₹undefined.
What is the lot size of Sailani Tours N Travels Limited IPO?
The minimum bid (lot size) for Sailani Tours N Travels Limited IPO is N/A shares with an investment of approx ₹120,000 .
What is the allotment date of Sailani Tours N Travels Limited IPO?
The allotment date for Sailani Tours N Travels Limited IPO is 5 Jul, 2022.
What is the listing date of Sailani Tours N Travels Limited IPO?
The listing date for Sailani Tours N Travels Limited IPO is expected to be 8 Jul, 2022.
What is the GMP of Sailani Tours N Travels Limited IPO?
The latest Grey Market Premium (GMP) for Sailani Tours N Travels Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.