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Sailani Tours N Travels IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Kolkata and caters to Travel And Tourism sector. Gretex Corporate Services is the merchant banker of Sailani Tours N Travels IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th May 2022.
Sailani Tours N Travels IPO open date is 27th June 2022 and close date is 30th June 2022. IPO Allotment Date is 5th July 2022 and Listing date is 8th July 2022.
IPO
Size:
₹ 1.90 Cr.
Avg IPO Size (Sector Based)
: ₹
17.39 cr.
Sector: Travel And Tourism
SME
IPO so far:
8
Merchant Banker:
Gretex Corporate
SME
IPO by BRLM so far:
50
City:
Kolkata
SME
IPO so far:
69
Revenue (annualised):
₹
4.19
cr. 
PE
Ratio:
187.50x
Average Sector PE Ratio: 12.87x
Sailani Tours N Travels IPO size is ₹ 1.90 Cr. with IPO price of ₹ 15.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Gretex Corporate Services Limited is the book-running lead manager of the Sailani Tours N Travels IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Gretex Share Broking Private Limited for Sailani Tours N Travels IPO.
Sailani Tours N Travels IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Sailani Tours N Travels IPO, based in Kolkata, operates in the Travel And Tourism sector with a focus on Provides Tour and Travel services. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Sailani Tours N Travels IPO size is ₹ 1.90 Cr. with fresh issue size of ₹ 1.90 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Sailani Tours N Travels IPO is expected to be 5th July 2022, after the finalization of basis of allotment. Investors can check Sailani Tours N Travels IPO allotment status on the registrars website, Bigshare Services Private Limited. Sailani Tours N Travels IPO refund dates are 6th July 2022.
Sailani Tours N Travels IPO is expected to be listed on 8th July 2022.
The upper price band for the Sailani Tours N Travels IPO is set at ₹ 15.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Sailani Tours N Travels IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Sailani Tours N Travels IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 30th June 2022. After submission, funds are blocked until the basis of allotment of Sailani Tours N Travels IPO is finalised.
The merchant banker for Sailani Tours N Travels IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Sailani Tours N Travels IPO RHP for further details.
The registrar for Sailani Tours N Travels IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Sailani Tours N Travels IPO through their official website or helpline.
Sailani Tours N Travels IPO was subscribed 3.24 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 1.90 Cr.
Avg IPO Size (Sector Based)
:
₹ 17.39 Cr.
Sector: Travel And Tourism
SME
IPO so far:
8
Merchant Banker:
Gretex Corporate
SME
IPO by BRLM so far:
50
City:
Kolkata
SME
IPO so far:
69
Revenue (annualised):
₹ 4.16 cr.
PE
Ratio:
187.50x
Average Sector PE Ratio: 12.87x
Sailani Tours N Travels IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Sailani Tours N Travels Financial Review Page
Merchant Banker(s) of Sailani Tours N Travels IPO: Gretex Corporate Services Limited
Sailani Tours N Travels IPO subscription was 3.24 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Sailani Tours N Travels IPO listed at a listing price of 16.27 against the offer price of 15.00.
The current market price of Sailani Tours N Travels is 16.50.
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