%20(5).jpg)
.jpg)
Silver Pearl Hospitality & Luxury Spaces Ltd’s BSE SME IPO opens on June 6, 2022
Rajesh Kumar Negi, Managing Director New Delhi (India), June 3: Silver Pearl Hospitality & Luxury Spaces Ltd., a hospitality company operating in the niche market of the Boutique hotel segment, is coming out with a maiden IPO of 50,00 000 equity shares of Rs. 10 each at a fixed price of Rs. 18 per share […]
Rajesh Kumar Negi, Managing Director
New Delhi (India), June 3: Silver Pearl Hospitality & Luxury Spaces Ltd., a hospitality company operating in the niche market of the Boutique hotel segment, is coming out with a maiden IPO of 50,00 000 equity shares of Rs. 10 each at a fixed price of Rs. 18 per share to mobilize Rs. 9 cr. The issue opens for subscription on June 06, 2022, and will close on June 09, 2022. Minimum application is to be made for 8000 shares and multiples thereon, thereafter. Post allotment, shares will be listed on BSE SME.
The issue is solely lead managed by Inventure Merchant Banker Services Pvt. Ltd., and Purva Sharegistry (India) Pvt. Ltd. is the registrar to the issue. SVCM Securities Pvt. Ltd. is the market maker for the company.
Its current properties are located in Rakchham, Kinnaur, and Himachal Pradesh. Rakchham village is located in the Touristic Sangla Tehsil of Kinnaur district in Himachal Pradesh, India. It is around 10 km from Chitkul, which is the last village of India near the China Border and around 12 km from Sangla and is located between the two. Rakchham is often known as mini Switzerland and has been the site for many commercial shoots. It is nestled between the majestic snowcapped Kinner Kailash mountain range and lush green meadows with the Baspa River. The first hotel property started operations in FY 19-20. All its hotels, cafes and restaurants are operated under “Osiya”. The company provides authentic hospitality and gives guests a localized and memorable experience. It seeks to cater to family and adventure loving enthusiasts and deliver differentiated yet superior service offerings with a value-for-money proposition.
