Silver Pearl Hospitality & Luxury Spaces Limited is a hospitality company. The company is involved in the mid-priced hotel category, which includes upper-midscale, midscale, and economy hotels. Silver Pearl Hospitality’s current properties are located in Rakchham, Kinnaur, and Himachal Pradesh. Silver Pearl Hospitality & Luxury Spaces Limited hotels, cafes and restaurants are operated under the brand name “Osiya”.

The company also engages in the business of Online Marketing and Branding of Tashi Dolma Home stay situated at Bhabha Nagar, Tehsil Nichar, District Kinnaur, Himachal Pradesh on a commission basis. The guest house will be known as ” Osiya Tashi Dolma Home Stay”.

The company business model includes direct ownership of hotel properties, long-term lease or license arrangements for the land on which the company constructs its hotels, long-term leases for existing hotels or homestays which are owned by third parties, and marketing agreements.

Competitive Strengths:

  • Experienced promoter and management team.
  • Operational efficiency.
  • Customer Experience.

Company Financials:

Particulars For the year/period ended (Rs in Lakhs)
  30-Mar-22 31-Mar-21 31-Mar-20
Total Assets 459.79 244.48 211.06
Total Revenue 45.89 18.41 29.38
Profit After Tax 11.72 3.30 0.48

Objects of the Issue:

The objects of the Net Proceeds of the Issue are:

1. Purchase of Hotel Property in Goa.

2. General Corporate Purposes.

Silver Pearl Hospitality IPO Details

Silver Pearl Hospitality IPO Date Jun 6, 2022 to Jun 9, 2022
Silver Pearl Hospitality IPO Face Value ₹10 per share
Silver Pearl Hospitality IPO Price ₹18 per share
Silver Pearl Hospitality IPO Lot Size 8000 Shares
Issue Size 5,000,000 shares of ₹10
(aggregating up to ₹9.00 Cr)
Fresh Issue 5,000,000 shares of ₹10
(aggregating up to ₹9.00 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Retail Shares Offered 50% of the net offer
NII (HNI) Shares Offered 50% of the net offer
Company Promoters Rajesh Kumar Negi and Two Sisters Hotels And Resorts Private Limited are the company promoters.

Silver Pearl Hospitality IPO Timeline

Silver Pearl Hospitality IPO opens on Jun 6, 2022, and closes on Jun 9, 2022. The Silver Pearl Hospitality IPO bid date is from Jun 6, 2022 10.00 A.M. to Jun 9, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.

Event Date
Silver Pearl Hospitality IPO Opening Date Jun 6, 2022
Silver Pearl Hospitality IPO Closing Date Jun 9, 2022
Basis of Allotment Jun 14, 2022
Initiation of Refunds Jun 15, 2022
Credit of Shares to Demat Jun 16, 2022
Silver Pearl Hospitality IPO Listing Date Jun 17, 2022

Silver Pearl Hospitality IPO Lot Size

The Silver Pearl Hospitality IPO lot size is 8000 shares. A retail-individual investor can apply for up to 1 lots (8000 shares or ₹144,000).

Application Lots Shares Amount
Minimum 1 8000 ₹144,000
Maximum 1 8000 ₹144,000

Silver Pearl Hospitality IPO Promoter Holding

Pre Issue Share Holding 75.05%
Post Issue Share Holding 27.27%

Silver Pearl Hospitality IPO Review

The company has minuscule financial data and despite super earnings for FY22, its exorbitant asking price are the pinpoints. Other major concerns are the low promoter equity post IPO and servicing to multifold paid-up equity. There is no harm in skipping this pricy offer. Read detail review…Silver Pearl Hospitality IPO Recommendation by Members

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Silver Pearl Hospitality IPO Prospectus

Company Contact Information

Silver Pearl Hospitality & Luxury Spaces Ltd
3B, Lal Bazar Street,
Sir RNM House, 5th Floor, Room No. 2,
Kolkata – 700001
Phone: +91 33 4006 9937
Email: info@silverpearlhospitality.com
Website: http://www.silverpearlhospitality.com/

Silver Pearl Hospitality IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: http://www.purvashare.com