Sailani Tours N Travels IPO Details

Sailani Tours IPO subscription is to open on 27 June 2022 and close on 30 June 2022, the price band of the Pearl Green Clubs and Resorts IPO is fixed at ₹ 15. Sailani Tours N Travels is engaged in the travel industry. Check the Sailani Subscription Status & Allotment Status.

Sailani Tours IPO

About Sailani Tours N Travels

Sailani Tours N Travels is engaged in the travel industry. Sailani is one of the recognized holiday brands that cater to the overall travel needs of Indian and International travelers in the state of Kolkata. The business can be broadly categorized as Leisure Travel, Corporate Travel, Forex, and Visa Processing. Sailani designs travel packages for both individuals and groups for their domestic and international leisure travel.

Sailani makes travel arrangements for corporate clients to cater to their business meetings, conferences, and events and as an incentive for their employees and business partners. Sailani provides end-to-end travel solutions including land, air, and cruise bookings, hotel bookings, in-transit arrangements, local sightseeing, visa, passport and medical insurance assistance and such other destination management services. Besides, we provide travel-related foreign exchange & payment solutions.

Objects of the Issue

a) To Meet Working Capital Requirements
b) General Corporate Purposes

Sailani Tours N Travels Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Dec-21 31-Mar-21 31-Mar-20
Total Assets 628.10 595.77 655.08
Total income 314.08 112.56 429.31
Total Expenses 307.47 108.39 421.90
Profit After Tax 2.97 3.14 5.39

Sailani Tours IPO Price – Details

DescriptionDetails
Public IssueInitial Public Issue of upto 12,64,000 Equity Shares of ₹ 10 (aggregating up to ₹ 189.60 lakhs)
Issue Open  Date27-Jun-22
Issue Close Date30-Jun-22
Issue TypeFixed Price
IPO Price Band₹ 15
Face Value ₹ 10
Market Lot 8000 Equity Shares and in multiples thereof
Minimum Order Quantity 8000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolSAILANI
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Sailani Tours IPO DRHP & RHP

Sailani Tours IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum18000₹ 1,20,000
Maximum18000₹ 1,20,000

Sailani Tours IPO Lead Managers

  • Gretex Corporate Services Pvt Ltd

Sailani Tours IPO Registrar

Sailani Tours IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on27-Jun-22
Bid / Offer Closes on30-Jun-22
Finalisation of Basis of Allotment05-Jul-22
Initiation of refunds 06-Jul-22
Credit of the Equity Shares07-Jul-22
Listing Date08-Jul-22

Company Peers – Comparison of Accounting Ratios

Name of CompanyFace Value EPS (Basic)
(₹)
Total Income
(₹ in
lakhs)
NAV, as on March 31, 2021
(₹ per share)
Sailani Tours n Travel Limited100.25109.9112.77
International Travel House Limited10-13.389,420.90952.31
Easy Trip Planners Limited104.932,328.602397.69

Company Registered Office

CE-25 Sector-1,
3rd Cross Road,
Salt Lake City,
Kolkata – 700064,
West Bengal, India.
Website: www.sailanitours.com

Company Promoters

Mr. Krishna Kumar Chanani and
Ms. Sunita Chanani

Sailani Tours N Travels IPO – FAQS

What is the Sailani Tours N Travels IPO Price?

The Sailani Tours N Travels IPO price band is 15 per share

When Sailani Tours N Travels IPO will open?

The Sailani Tours N Travels IPO opens on Jun 27, 2022 and closes on Jun 30, 2022

What is the lot size of Sailani Tours N Travels IPO?

The Sailani Tours N Travels IPO lot size is 8000 Equity Shares and the minimum order quantity is 8000 Equity Shares

Who is the Registrar for Sailani Tours N Travels IPO?

The Registrar for Sailani Tours N Travels IPO is Bigshare Services Private Limited

How to apply in Sailani Tours N Travels IPO through UPI?

Check the step by step process here – Click here

How to apply in Sailani Tours N Travels IPO through Zerodha?

Check the step by step process here – Click here

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