September 14, 2023 - September 18, 2023

SAMHI Hotels IPO Review & Recommendations

Arihant Capital Markets Ltd, IDBI Capital, Nirmal Bang and SMIFS Limited have given "Apply" recommendation to SAMHI Hotels IPO. Dilip Davda has given "May Apply" recommendation to SAMHI Hotels IPO. Religare Broking Limited has "Neutral" view about the IPO. Capital Market recommend to "Avoid" the IPO.Axis Capital, HDFC Securities Limited and Ventura Securities Limited have "Not Rated" the IPO.

SAMHI Hotels IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	4	1	1	1	3
%	40.00	10.00	10.00	10.00	30.00

SAMHI Hotels IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Arihant Capital Markets Ltd	Apply
Axis Capital	Not Rated
Capital Market	Avoid
Dilip Davda	May Apply
HDFC Securities Limited	Not Rated
IDBI Capital	Apply
Nirmal Bang	Apply
Religare Broking Limited	Neutral
SMIFS Limited	Apply
Ventura Securities Limited	Not Rated

SAMHI Hotels IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for SAMHI Hotels IPO is 35. Their analysis recommends Do not subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	35	Do not subscribe

SAMHI Hotels IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is trying to encase its brand value with many premium brands. It has been posting losses for all these years so far and has a negative NAV. No doubt, we are witnessing fancy for the hospitality sector post-Covid, and this company may attract more investors once it turns the corner. However, well-informed/cash surplus/risk seeker investors may park moderate funds for long-term rewards. Read detail review...

SAMHI Hotels IPO Peer Comparison

SAMHI Hotels Limited peer comparison with similar listed entities. (Consolidated) (As on March 31, 2023)

Company Name	EPS (Rs)		NAV (per share) (Rs)	P/E (x)	RoNW (%)
Company Name	EPS Basic	EPS Diluted	NAV (per share) (Rs)	P/E (x)	RoNW (%)
SAMHI Hotels Limited	-43.93	-43.93	-113.07
Chalet Hotels	8.94	8.94	74.77	61.64	11.96
Lemon Tree	1.45	1.45	14.22	75.26	12.48
Indian Hotels	7.06	7.06	60.53	59.63	12.24
EIH	5.03	5.03	55.48	49.55	9.49

Notes:

Financial information of the Company has been derived from Restated Consolidated Financial Information as at or for the financial year ended March 31, 2023, Financial information of the SAMHI Hotels Limited has been derived from Pro Forma Condensed Financial Information as at or for the financial year ended March 31, 2023.
All the financial information for listed industry peers mentioned above is on a consolidated basis (unless otherwise available only on a standalone basis) and is sourced from the annual reports / annual results as available of the respective company for the year ended March 31, 2023, submitted to Stock Exchanges.
P/E Ratio has been computed based on the closing market price of equity shares on BSE on August 31, 2023, divided by the Diluted EPS for the year ended March 31, 2023. The P/E ratio is not computable for the company as EPS is negative.
Net Asset Value per Equity Share: Net Worth / Weighted average numbers of equity shares outstanding during the year.
Return on net worth = Restated loss for the year / Net Worth. Return on Net Worth is not computable owing to losses in FY 23 for the Company.

SAMHI Hotels IPO Review by Members

SAMHI Hotels IPO Reviews, analysis and views by popular members. Read SAMHI Hotels Limited IPO reviews by retail investors to find recommended ipo to buy.

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SAMHI Hotels IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	1	0	1	11
%	7.69	0.00	7.69	84.62

Member	Review
Crow IPO Mentor (700+ Posts, 900+ Likes)	Neutral Good company with a bad track record. Only aggressive risk-takers may apply if QIB crosses 3x. September 18, 2023 12:52:31 PM
Black Swan Top Contributor (300+ Posts, 400+ Likes)	Apply for Short Term at Cut-off Price Debt will reduce post IPO which will reduce finance cost. In 3 to 4 quarters the PAT will turn positive. Apply for short term and if 10% plus listing gains then exit September 16, 2023 5:09:24 PM
Vicksa	Avoid Better players in market September 15, 2023 7:11:30 PM
Top Contributor	Avoid Avoid September 15, 2023 1:48:24 PM
raj kk	Avoid Loss making company. There r many better options September 14, 2023 10:06:33 PM
IPOse Dukhi Atma	Avoid Loss making company and losses are decreasing at very low rate Decreasing net worth Decreasing reserves Increasing borrowing High PE Only brand value, no real value September 13, 2023 1:00:14 PM
Capital Investors	Avoid Loss only loss making company September 11, 2023 1:26:48 PM
Harsh visharia	Avoid Company is insolvent as on date due to negative networth. If the IPO fails the lenders may drag it to IBC and take huge haircut on loans. Also if the IPO succeeds based on track record the company may again have negative networth which may lead to value of investment drop to 0 September 8, 2023 8:45:59 PM
Rajesh s. IPO Mentor (500+ Posts, 600+ Likes)	Avoid High debt + huge loss = failed management many good ipo available tob bet. September 7, 2023 12:06:43 PM
B.M.SURANA IPO Guru (2600 Posts, 4800+ Likes)	Avoid Loss making Company 2 September 7, 2023 11:36:48 AM
rajaipo	Avoid 1rs paid lossmaking ask high value much batter hotels share available in market avoide September 7, 2023 12:42:50 AM
IPOTraders IPO Mentor (700+ Posts, 300+ Likes)	Avoid Clear Avoid at first sight. Loss making company, Heavy snd increasing debt. Negative networth. September 7, 2023 12:01:18 AM
Nitinjain	Avoid Avoid ...apply only if GMP is greater than 25 percentage September 6, 2023 10:29:57 PM

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