Saj Hotels Ltd Back Registered Office: Saj on the Mountains Survey.18,Mahabaleshwar Panchgani Road , Satara - 412806 , Maharashtra , India. Phone : 022 6287 5252/ 022 2620 3434   Fax: Email :  secretarial@sajresort.in   Website :  www.sajresorts.com Initial public issue of upto 42,50,000 equity shares of face value of Rs10/- each ("Equity Shares") of Saj Hotels Limited (the "Company" or the "Issuer") for cash at a price of Rs65/- per equity share (including a premium of Rs55/- per equity share) (the "Issue Price"), aggregating upto Rs27.63 crores (the "Issue"), of which 2,14,000 equity shares aggregating to Rs1.39 crores will be reserved for subscription by market maker (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 40,36,000 equity shares of face value of Rs10/- each at an issue price of Rs65/- per equity share aggregating to Rs26.23 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.36% and 25.03% respectively of the post-issue paid up equity share capital of the company. The face value of the equity shares is Rs10/- each and the issue price of Rs65/-, which is 6.5 times of the face value. Issue Money Payable On Opens On Closes On Application Allotment 27-Sep-24 01-Oct-24 Rs65.00-0.00 Rs0.00-0.00 Minimum Application for shares in Nos :2000  Further Multiples of :2000   Rs Cr Lead Managers to the Issue Project Cost 24.33 Corpwis Advisors Pvt Ltd Project Financed through Current Offer 27.63   Post Issue Equity Share Capital 16.13   Issue Price Rs65.00

Projects

Capital Expenditure requirements towards expansion of existing resort properties	General corporate expenses
Funding of long term working capital requirementw

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Listing At NSE - SME

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