Sailani Tours N Travels Limited IPO

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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:

The company intends to utilize the Net Fresh Issue Proceeds for the following Objects (“Objects of the Issue”): a) To Meet Working Capital Requirements b) General Corporate Purposes
DRHP of Sailani Tours N Travels Limited IPO

Sailani Tours N Travels Limited IPO Details:

Open Date: Jun 27 2022
Close Date: Jun 30 2022
Total Shares: 12,64,000
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:

i. Mr. Durgadas Ghosh, aged 35 years, is the Managing Director and Chief Financial Officer of the Company. He has Bachelor in Business Administration in Tourism and Hospitality Management. He is a self-driven individual who believes in teamwork. He is a dynamic leader with more than 4 years of experience in the business of Sales in the Travel tourism sector. He has expertise in forming Business Strategies and ensures timely implementation of the same. As a leader, he always delivers value to the customers and endeavour in fulfilling / exceeding their expectations. ii. Ms. Sunita Chanani, aged 50 years, is the Promoter and the Executive Director of the Company. She has completed Bachelor in Arts from University of Calcutta in the year 1994. She is an Innovative thinker with Broad Based Expertise of more than 9 years across Infrastructure sector. She has proven ability to quickly analyse key business drivers and develop strategies to grow the bottomline. She is a high integrity energetic leader known for ability to envision and create successful outcomes in complex situations. iii. Mr. Krishna Kumar Chanani, aged 51 years, is the Promoter and Non-Executive Director of the Company. He is a member of the Institute of Chartered Accountants of India since 1992. He is a dynamic force behind the Company. He has more than two decades of experience in the field of Finance, Auditing and Taxation services.

Financials of Sailani Tours N Travels Limited IPO:

Particulars (in Lakhs) Dec-22 Mar-21 Mar-20
Sales 312 110 428
Cost of Service Provided 250 62 303
Change in Inventories -2 1 -6
Employee Benefits Expense 19 7 38
Other Expenses 22 22 81
Operating Profit 23 18 12
OPM % 7.37% 16.36% 2.80%
Other Income 1.71 2.65 1.66
Finance Cost 0.88 0.33 1.51
Depreciation 18.42 16.79 4.50
Profit before tax 6.61 4.17 7.41
Total Tax Exps 3.64 1.03 2.02
Net Profit 2.97 3.14 5.39
NPM % 0.95% 2.85% 1.26%
No. of shares 47.04 47.04 47.04
EPS 0.06 0.07 0.11

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%

Lead Manager of Sailani Tours N Travels Limited IPO:

  1. Gretex Corporate Services Private Limited

Registrar of Sailani Tours N Travels Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Sailani Tours N Travels Limited CE-25 Sector-1, 3rd Cross road, Salt Lake City, Kolkata- 700064, West Bengal, Phone: +91 033-48044939 Email: info@sailanitours.com Website: http://www.sailanitours.com/

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