Saj Hotels IPO — Listing Performance
Saj Hotels IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 27 Sep 2024 |
| Listing date | 7 Oct 2024 |
| Issue price | ₹65 |
| Listing-day close | ₹52.45 (-19.31%) |
| Recent market price | ₹37 (-43.08% vs issue) |
| Identifiers | NSE: SAJHOTELS · ISIN: INE00MT01022 |
How the listing went
Saj Hotels listed at a discount, closing its first day 19.31% below the issue price.
Saj Hotels against every other debut on record
- Rank in 2024: 258 of 262 NSE debuts, on a -19.31% first-day close.
- 2nd percentile of 176 SME debuts in 2024 (median 41.27%).
- 23rd of 24 debuts in October 2024.
- Opened 15.38% below issue, then gave up 3.93 points to the close.
- Day-one range ₹52.25 to ₹57.75: a 8.46% swing on the issue price.
- Last close ₹37 (11 Sep 2026): 43.08% below issue, against -19.31% on day one.
- Listed 6 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources