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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.
Competitive Strengths:
| IPO Date | Jun 27, 2022 to Jun 30, 2022 |
| Listing Date | Jul 8, 2022 |
| Face Value | ₹10 per share |
| Price | ₹15 per share |
| Lot Size | 8000 Shares |
| Total Issue Size | 1,264,000 shares (aggregating up to ₹1.90 Cr) |
| Fresh Issue | 1,264,000 shares (aggregating up to ₹1.90 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Other Shares Offered | 600,000 (50.00%) |
| Retail Shares Offered | 600,000 (50.00%) |
| Market Maker portion | 64,000 shares |
| Total Shares Offered | 1,200,000 |
Sailani Tours N Travels IPO opens on Jun 27, 2022, and closes on Jun 30, 2022.
| Event | Tentative Date |
|---|---|
| Opening Date | Jun 27, 2022 |
| Closing Date | Jun 30, 2022 |
| Basis of Allotment | Jul 5, 2022 |
| Initiation of Refunds | Jul 6, 2022 |
| Credit of Shares to Demat | Jul 7, 2022 |
| Listing Date | Jul 8, 2022 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
The Sailani Tours N Travels IPO lot size is 8000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 8000 | ₹120,000 |
| Retail (Max) | 1 | 8000 | ₹120,000 |
| HNI (Min) | 2 | 16,000 | ₹240,000 |
| Lot Size Calculator | |||
Mr. Krishna Kumar Chanani and Ms. Sunita Chanani are the company promoters.
| Pre Issue Share Holding | 49.27% |
| Post Issue Share Holding | 36.03% |
The Sailani Tours N Travels IPO is subscribed 3.24 times on Jun 30, 2022 5:29:00 PM. The public issue subscribed 4.61 times in the retail category, times in the QIB category, and 1.87 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 1.87 |
| Retail | 4.61 |
| Total | 3.24 |
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-20 | 655.08 | 429.31 | 5.39 | 76.39 | 5.39 |
| 31-Mar-21 | 595.77 | 112.56 | 3.14 | 161.53 | 8.53 |
| 31-Dec-21 | 628.1 | 314.08 | 2.97 | 162.5 | 9.5 |
| Amount in ₹ Lakhs | |||||
[Dilip Davda] STTL has presented minuscule operations so far with inconsistency in performance. It is operating in a highly competitive and fragmented segment. A small equity base indicates longer gestation for migration to the main board. Its comparison with big players is an eyewash. There is no harm in skipping this highly-priced issue. Read detail review...
The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects:
a) To Meet Working Capital Requirements
b) General Corporate Purposes
| Listing Date | Jul 8, 2022 |
| BSE Script Code | 543541 |
| NSE Symbol | |
| ISIN | INE0KHQ01010 |
| Final Issue Price | ₹15 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹15.00 |
| ₹15.50 |
| ₹15.50 |
| ₹16.27 |
| ₹16.27 |
Sailani Tours N Travels Limited
CE-25 Sector-1,
3rd Cross road, Salt Lake City,
Kolkata- 700064, West Bengal,
Phone: +91 033-48044939
Email: info@sailanitours.com
Website: http://www.sailanitours.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
Sailani Tours N Travels IPO is a SME IPO of 1,264,000 equity shares of the face value of ₹10 aggregating up to ₹1.90 Crores. The issue is priced at ₹15 per share. The minimum order quantity is 8000 Shares.
The IPO opens on Jun 27, 2022, and closes on Jun 30, 2022.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Sailani Tours N Travels IPO using UPI as a payment gateway. Zerodha customers can apply in Sailani Tours N Travels IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sailani Tours N Travels IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sailani Tours N Travels IPO opens on Jun 27, 2022 and closes on Jun 30, 2022.
Sailani Tours N Travels IPO lot size is 8000 Shares and the minimum order quantity is .
You can apply in Sailani Tours N Travels IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Sailani Tours N Travels IPO will be done on Jul 5, 2022, and the allotted shares will be credited to your demat account by Jul 7, 2022. Check the Sailani Tours N Travels IPO allotment status.
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