Sailani Tours N Travels Limited

Company Profile
Company Name Sailani Tours N Travels Limited
Open Date 27-06-2022
Close Date 30-06-2022
Exchange BSE SME
Lot Size 8000 Shares
Issue Price ₹ 15 per share
Issue Size 12,64,000 Equity Shares
Application Amount ₹ 1,20,000
Recommendation Avoid
Incorporated in September 2019, it mainly deals in providing tours and travels services in the form of packages and bundles to individual and corporate clients. The company is a travel agency and offers services like Leisure Travel, Corporate Travel, Forex and Visa Processing. Company design travel packages for both individuals and groups for their domestic and international leisure travel. Company 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
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Summary of Financials (All financials in Lakh)

For the Period Ended Dec-21 Mar-21 Mar-20
Total Assets 628.10 595.77 655.08
Net Assets 162.50 161.53 76.39
Total Borrowings 307.91 254.12 220.25
Total Revenue 314.08 112.56 429.31
Profit After Tax 2.97 3.14 5.39

Tentative Timeline

Opening Date 27-06-2022
Closing Date 30-06-2022
Basis of Allotment 05-07-2022
Initiation of Refunds 06-07-2022
Credit of Shares to Demat 07-07-2022
Listing Date 08-07-2022

Objects of the Issue

To Meet Working Capital Requirements
General Corporate Purposes

Contact Information

Registered Office Sailani Tours N Travels Limited CE-25 Sector-1, 3rd Cross road, Salt Lake City, Kolkata- 700064, West Bengal
Phone +91 033-48044939

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

Shareholding Pattern

Pre Issue Share Holding (Promoters) 49.27%
Post Issue Share Holding (Promoters) 36.03%

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