Sailani Tours N Travels IPO Subscription Status [ Final ]

The Sailani Tours N Travels IPO has begin on 27 June 2022. It will close on 30 June 2022. The Total IPO Size is 1.90 Crore. The company set its IPO price is 15 Rs Per Share. Basically, there are two basic categories in Sailani Tours N Travels IPO Subscription 1) Non Institutional Investors 2) Retail Individual Investors (RIIs).

Sailani Tours N Travels belongs to the Tourism and Hospitality sector of the Economy. Their business can be broadly categorized as Leisure Travel, Corporate Travel, Forex, and Visa Processing. The design of travel packages for both individuals and groups for their domestic and international leisure travel. They make travel arrangements for corporate clients to cater to their business meetings, conferences, and events and as an incentive for their employees and business partners

The company has given franchisees to many entities located at places such as Kolkata, Guwahati, Agartala, Dhanbad, Barreilly, Varanasi, Gwalior, Indore, Ludhiana, Jalandhar, Agra, Jaipur, Rudrapur, Faridabad, Dehradun, Dalhousie, Ranchi, Siliguri, Howrah, Surat, Nagpur, Kanpur, Vidyavihar, Margao, Patna, Udaipur, Bhubaneshwar, Mulund, Pune, Jabalpur, Bhopal, Kalyaninagar, Goa, Mangalore, Malda Allahabad, Bengaluru.

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Can we Subscribe Sailani Tours N Travels IPO?

In our view, Avoid.

Sailani Tours N Travels IPO Subscription Status( 30-June-2022 )

Day 1 (times) Day 2 (times) Day 3 (times) Day 4 (times)
NII 0.32 0.43 0.88 1.87
Retail 0.71 1.65 2.33 4.61
Total 0.51 1.04 1.61 3.24

Sailani Tours N Travels IPO Date, Details & Price Band

IPO Opening Dates 27 June 2022
IPO Closing Dates 30 June 2022
Price Band 15 Rs Per Share
Fresh issue 1.90 Crore
Total IPO size 1.90 Crore
Minimum bid (lot size) 8000 Shares
Face Value 10 INR Per Share
Retail Allocation 50%
Non-Institutional 50%
Listing On BSE SME

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