Silver Pearl Hospitality and Luxury Spaces Limited
Incorporated in the year 2011, Silver Pearl Hospitality and Luxury Spaces Limited is a hospitality
company operating in the upper-midscale, midscale and the economy hotel segment. Company’s
properties are located in Rakchham, Kinnaur, Himachal Pradesh. Currently the company is
operating with 36 rooms in 4 properties. The company also operates restaurants and a cafe with the
cafe having a seating capacity of 100 people.
Competitive Strength
- Experience Promoter and Management Team
- Operational Efficiency
- Customer Experience
Summary of Financials (All financials in Lakh)
| For the Period Ended | Mar-22 | Mar-21 | Mar-20 | |
|---|---|---|---|---|
| Total Assets | 459.79 | 244.48 | 211.06 | |
| Net Assets | 450.65 | 96.38 | 93.08 | |
| Total Borrowings | - | 146.57 | - | |
| Total Revenue | 45.89 | 18.41 | 29.38 | |
| Profit After Tax | 11.72 | 3.30 | 0.47 | |
Objects of the Issue
- Purchasing property in Goa
- General Corporate Purposes
IPO Details
| Opening Date | June 06, 2022 |
|---|---|
| Closing Date | June 09, 2022 |
| Stock Exchange | BSE SME |
| Status | Closed |
| Lot Size | 8000 Shares |
| Issue Price | ₹ 18 per share |
| Issue Size | 50,00,000 Equity shares of FV of ₹ 10 (aggregating up to ₹ 900 Lakh) |
| Issue Type | Fixed Price Issue |
| Application Amount | ₹ 144,000.00 |
| Retail Shares Offered | not less than 50% of the Net Offer |
| Other than Retail Shares Offerred | not less than 50% of the Net Offer |