Samhi Hotels IPO: Issue sees tepid investor response on day 2 so far; retail portion booked 25%

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IPO subscription status: Samhi Hotels IPO has been subscribed 5% on day 1 so far. Samhi Hotels IPO has opened for subscription today (Thursday, September 14), and will close on Monday, September 18. Samhi Hotels IPO witnessed subdued investor interest on day 1.

Samhi IPO's retail investors portion was subscribed 25%, NII portion was subscribed 1%, and Qualified Institutional Buyers (QIB) did not receive any subscription so far. Samhi Hotels IPO has received bids for 31,33,032 shares against 6,25,29,831 shares on offer, at 14:48 IST, according to data from the BSE. Samhi Hotels IPO retail investors' portion received bids for 28,78,015 shares against 1,14,34,033 shares on offer for this segment.

Samhi IPO's non-institutional investors' portion received bids for 2,53,113 shares against 1,71,51,050 on offer for this segment. Samhi IPO's Qualified Institutional Buyers (QIBs) portion received bids for 1,904 shares against 3,39,44,748 on offer for this segment. Also Read: Samhi Hotels IPO opens today: GMP, date, subscription status, review, other details.

Apply or not? Samhi Hotels IPO price band has been fixed in the range between ₹119 to ₹126 per equity share of face value of ₹1 each. The company aims to raise ₹1,370.10 crore from this public issue out of which ₹1,200 crore is aimed from fresh issue and rest ₹170.10 crore is expected via OFS (offer for sale) route. Samhi Hotels IPO is 119 equity shares and in multiples of 119 equity shares thereafter.

Samhi Hotels has raised ₹616.50 crore from anchor investors on Wednesday, September 13. Prior to the opening of its initial public offering (IPO), Blue Chandra Pte. Ltd.