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Sailani Tours N Travels Limited IPO (Sailani Tours N Travels IPO) Detail

Jun 27, 2022 - Jun 30, 2022

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:

  • Skilled & Quality Staff.
  • Product Spectrum.
  • Scalable Business Model.
  • Customer Experience.
  • Technology Infrastructure.
  • Progressive Employer.

Sailani Tours N Travels IPO Details

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 Size1,264,000 shares
(aggregating up to ₹1.90 Cr)
Fresh Issue1,264,000 shares
(aggregating up to ₹1.90 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Sailani Tours N Travels IPO Reservation

Other Shares Offered600,000 (50.00%)
Retail Shares Offered600,000 (50.00%)
Market Maker portion64,000 shares
Total Shares Offered1,200,000

Sailani Tours N Travels IPO Tentative Timetable

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

Sailani Tours N Travels IPO Lot Size

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

Sailani Tours N Travels IPO Promoter Holding

Mr. Krishna Kumar Chanani and Ms. Sunita Chanani are the company promoters.

Pre Issue Share Holding 49.27%
Post Issue Share Holding 36.03%

Sailani Tours N Travels IPO Subscription Status (Bidding Detail)

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)

CategorySubscription (times)
Other1.87
Retail4.61
Total3.24

Company Financials

Sailani Tours N Travels Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-20655.08429.315.3976.395.39
31-Mar-21595.77112.563.14161.538.53
31-Dec-21628.1314.082.97162.59.5
Amount in ₹ Lakhs

Sailani Tours N Travels IPO Review (Avoid)

[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...

Objects of the Issue

The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects:

a) To Meet Working Capital Requirements

b) General Corporate Purposes

Sailani Tours N Travels IPO Prospectus

Sailani Tours N Travels IPO Rating

29
3.2
Rating:Rated 3.2 stars
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Sailani Tours N Travels IPO Listing Details

Listing Date Jul 8, 2022
BSE Script Code 543541
NSE Symbol
ISIN INE0KHQ01010
Final Issue Price ₹15 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹15.00
₹15.50
₹15.50
₹16.27
₹16.27

Check IPO Performance…

Company Contact Information

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/

Sailani Tours N Travels IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Sailani Tours N Travels IPO Analysis

Sailani Tours N Travels IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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SME IPO Enquiry

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Sailani Tours N Travels IPO FAQs

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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Sailani Tours N Travels IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

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.

The Sailani Tours N Travels IPO listing date is on Jul 8, 2022.
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Sailani Tours N Travels IPO Message Board

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11 Comments

8. IPO Gyaaan |   Link |Jun 30, 2022 2:27:28 PM (200+ Posts)
Small issue, might give positive surprise listing. Anyone applying ?
8.2. NaveenM |   Link |Jun 30, 2022 3:48:34 PM
I did not apply as the risk is very high. The issue being very small the operators can drive the price in any direction. Added to it the company fundamentals are very weak. If the price crashes, one cannot think of holding for longer time. Hence, avoided.
8.3. IPO Gyaaan |   Link |Jul 8, 2022 9:45:13 AM (200+ Posts)
Sold at 15.5
7. Ritesh kohinkar |   Link |Jun 28, 2022 3:05:31 PM
Sailani ipo is risky and better to avoid...
6. DarshanJain |   Link |Jun 28, 2022 2:57:10 PM
sailani Tours N Travels Limited IPO It is a technical analysis tool defined by a set of lines plotted two standard deviations (positively and negatively) away from a simple moving average. the ipo is not worth in invest for investotr to invest....
5. Gaurav DD dimer |   Link |Jun 26, 2022 10:12:26 AM
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Their Yearly income is less than my salary package.

Simply Avoid without any doubt.
4. ShiningShiva |   Link |Jun 22, 2022 3:47:01 PM
Cox and kings..
3. Anuragsinghal |   Link |Jun 22, 2022 2:38:36 PM
@Admin pls open new page

*Veerkrupa Jewellers Limited-BSE SME*

Issue Date : *29-Jun to 5-Jul, 2022*
Price : *₹27*
Lot Size : *4000 Shares*

Issue : *30,00,000 Shares*
Issue size : *₹8.1 Cr*
FV : *₹10*

Retail : *14,24,000 Shares*
Retail Forms : *356*

Lm : *First Overseas*
2. Small Investor |   Link |Jun 22, 2022 2:23:29 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
इतने सारे पैसो का क्या करोगे एक करोड़ नब्बे लाख का
कही मोज़ तो नहीं करोगे गोवा जाकर
1. i For IPO ☑️ |   Link |Jun 22, 2022 1:20:35 PM
IPO Mentor IPO Mentor (500+ Posts, 700+ Likes)
Only 158 lot Available
Post issue promoter holding 36.03%
Profit 2.97 3.14 5.39 lakhs

Risky issue
Avoiding