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Sailani Tours N Travels Limited

Jun 27, 2022 – Jun 30, 2022
Listed Price:
₹15.50
(+3.33%)
Price Band₹15 - ₹15
Lot Size8,000 Shares
Allotment DateJul 05, 2022
Listing DateJul 08, 2022
Subscription3.21 Times
Issue Size₹1.90 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹0
(0.00%)

Premium (ELP)

The public market debut of Sailani Tours N Travels Limited's was completed on Jul 08, 2022 with its listing on the BSE exchange. The IPO process raised 12,64,000 Shares in total capital, consisting of 12,64,000 Shares in new equity.

The offering featured a price range of ₹15 to ₹15 and minimum application size of 8000 shares. Investor response during the subscription period from Jun 27, 2022 to Jun 30, 2022 influenced the final allotment ratios across investor categories.

Final allotment was announced on Jul 05, 2022, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.

Sailani Tours IPO Details
IPO Date
:
Jun 27, 2022 to Jun 30, 2022
Allotment Date
:
Jul 05, 2022
List Date
:
Jul 08, 2022
Lot Size
:
8,000 share
Issue Price
:
₹15 - ₹15
Issue Size
:
12,64,000 (aggregating up to 1.90 Cr)
Fresh Issue
:
12,64,000 (aggregating up to 1.90 Cr)
Offer For Sale
:
-
Listing At
:
BSE
Share Holding Pre-Issue
:
34,40,000
Share Holding Post-Issue
:
47,04,000
Market Marker Portion
:
64,000
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares12,64,000
Market Maker
5.06%(64,000)
HNI
47.47%(6,00,000)
RETAIL
47.47%(6,00,000)
Total
100.00%(12,64,000)
Sailani Tours IPO Key Performance Indicators
Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).
Company Financials (In Lakhs)
Sailani Tours IPO About Company

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.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

Sailani Tours IPO Strength Factors
  1. Skilled & Quality Staff ensuring excellence.
  2. Diverse Product Range catering to various needs.
  3. Scalable Business Model for future growth.
  4. Customer-Centric Approach enhancing experience.
  5. Strong Technology Infrastructure for efficiency.
  6. Employee-Friendly Work Culture fostering growth.
⚠️Sailani Tours IPO Risk Factors

NA

🏦Sailani Tours IPO Lead Manager(s)
Gretex Corporate Services Limited
👤Sailani Tours IPO Promoter(s)
  1. Mr. Krishna Kumar Chanani
  2. Ms. Sunita Chanani
🏢Sailani Tours IPO Company Details

Sailani Tours N Travels Limited

Phone:+91 033-48044939
address:CE-25 Sector-1, 3rd Cross road, Salt Lake City, Kolkata- 700064, West Bengal,
📋Sailani Tours IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited
Phone:+91-22-6263 8200
Sailani Tours IPO FAQs
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