Silver Pearl Hospitality & Luxury Spaces Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,368,000 (47%) | — | ₹426 Cr |
| Retail | — | 2,368,000 (47%) | — | ₹426 Cr |
| Market Maker | — | 264,000 (5%) | — | ₹5 Cr |
| Σ Total | — | 5,000,000 (100%) | — | ₹9,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 8,000 | ₹144,000 |
| Retail (Max) | 13 | 104,000 | ₹1,872,000 |
| S-HNI (Min) | 14 | 112,000 | ₹2,016,000 |
| B-HNI (Min) | 67 | 536,000 | ₹9,648,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-20 | 31-Mar-21 | 31-Mar-21 |
|---|---|---|---|
| Revenue | 29 | 18 | 46 |
| Profit After Tax | 0 | 3 | 12 |
| Net Worth | 91 | 94 | 437 |
| Total Assets | 211 | 244 | 460 |
| Reserves & Surplus | 55 | 58 | 165 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1. Purchase of Hotel Property in Goa. –
- 2. General Corporate Purposes. –
Company Overview
Silver Pearl Hospitality & Luxury Spaces Limited is a hospitality company. The company is involved in the mid-priced hotel category, which includes upper-midscale, midscale, and economy hotels. Silver Pearl Hospitality's current properties are located in Rakchham, Kinnaur, and Himachal Pradesh. Silver Pearl Hospitality & Luxury Spaces Limited hotels, cafes and restaurants are operated under the brand name "Osiya".
The company also engages in the business of Online Marketing and Branding of Tashi Dolma Home stay situated at Bhabha Nagar, Tehsil Nichar, District Kinnaur, Himachal Pradesh on a commission basis. The guest house will be known as " Osiya Tashi Dolma Home Stay".
The company business model includes direct ownership of hotel properties, long-term lease or license arrangements for the land on which the company constructs its hotels, long-term leases for existing hotels or homestays which are owned by third parties, and marketing agreements.
Competitive Strengths:
- Experienced promoter and management team.
- Operational efficiency.
- Customer Experience.