Samhi Hotels has debuted at Rs 130.55 on the BSE, up by 4.55 points or 3.61% from its issue price of Rs 126.
The scrip is currently trading at Rs 130.90, up by 4.90 points or 3.89% from its issue price. It has touched a high and low of Rs 135.75 and Rs 127.45 respectively. So far 11.49 lakh shares were traded on the counter.
The offering, which was open for subscription between September 14, 2023 and September 18, 2023 was subscribed 5.57 times. The issue price was fixed at Rs 126 per share i.e. at upper end of price band of Rs 119-126 apiece.
Samhi Hotels is a prominent branded hotel ownership and asset management platform in India. The company acquires/builds primary hotels and thereafter renovates, rebrands and rerates the property and runs it.
