Sailani Tours N Travels Limited IPO
i. Sailani has evolved through its 3 years journey and started to make a name for its self in travel industry and is one of the recognised holiday brands that cater to the overall travel needs of an Indian and International traveller in the state of Kolkata. The business can be broadly categorised as Leisure Travel, Corporate Travel, Forex and Visa Processing.
ii. The company design 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, events and as an incentive for their employees and business partners. Sailani Tours N Travels 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. Besides, they provide travel related foreign exchange & payment solutions.
iii. Within Leisure Travel company has 2 sub-segments i.e., Outbound Travel and Domestic Travel. Their Domestic and Outbound Travel businesses include selling holiday packages for travel in India and overseas respectively. Under Corporate Travel they offer a full range of business travel services through a team of dedicated relationship managers. The company offer customized business travel solutions for corporate clients with an endeavour to optimize their travel budget.
iv. At Sailani things are very simple. It works on two principles:
(i) Passengers availing their services should not be dissatisfied on any count.
(ii) All transactions are to be honest and transparent to all stakeholders.
v. The company aim at expanding its horizon and be globally available to deliver packages in each region. With this in the back of the mind, they started with franchise model of Business by giving franchisees to various Individuals, Companies, firms, etc. While giving franchises the main aim of the company is to find someone who is well experienced in the same line of Business or someone who is resourcefully enough to manage such Business. Currently, 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.
vi. Competitive Strengths:
- Skilled & Quality Staff.
- Product Spectrum.
- Scalable Business Model.
- Customer Experience.
- Technology Infrastructure.
- Progressive Employer.
Objects of the Sailani Tours N Travels Limited IPO:
Sailani Tours N Travels Limited IPO Details:
|Open Date:||Jun 27 2022|
|Close Date:||Jun 30 2022|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Book Built Issue|
|Issue Size:||18.96 Cr.|
|Lot Size:||8000 Shares|
|Issue Price:||₹ 15 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Jul 08 2022|
Promoters And Management:
Financials of Sailani Tours N Travels Limited IPO:
|Particulars (in Lakhs)||Dec-22||Mar-21||Mar-20|
|Cost of Service Provided||250||62||303|
|Change in Inventories||-2||1||-6|
|Employee Benefits Expense||19||7||38|
|Profit before tax||6.61||4.17||7.41|
|Total Tax Exps||3.64||1.03||2.02|
|No. of shares||47.04||47.04||47.04|
Comparison With Peers:
|Name of the Company||Sales (In Cr.)||PAT (In Cr.)||EPS||PE||RoCE||Mcap (In Cr.)||Returns 3Y||Sales Growth (3Y)|
|Sailani Tours n Travel Ltd||4||0.04||0.08||187.50||1.80%||7||-||-3%|
|International Travel House Ltd.||94||-11||-13.4||-||-10.60%||79||-5%||-55%|
|Mahasagar Travels Ltd||45||-2||-2.19||-||-15.50%||3||24%||-38%|