i. Silver Pearl is a hospitality company that operates in the mid-priced hotel sector, consisting of the upper-midscale, midscale and economy hotel segment. Their current properties are located in Rakchham, Kinnaur, and Himachal Pradesh. Rakchham village is located in Sangla Tehsil of Kinnaur district in Himachal Pradesh, India. Rakchham village is around 10 km from Chitkul and around 12 km from Sangla and is located between the two. They also operate a café at Rakchham.

ii. All their hotels, cafes and restaurants are operated under the brand name “Osiya”. The company provide authentic hospitality and give their guests a localized and memorable experience. They seek to cater to family as well as adventure loving guests and deliver differentiated yet superior service offerings, with a value-for-money proposition. Currently, they are operating with 36 rooms in 4 properties.

iii. The company undertake its business through:

1. direct ownership of hotel properties,
2. long-term lease or license arrangements for the land on which they construct their own hotels,
3. long-term leases for existing hotels or home stays which are owned by third parties, and
4. marketing agreements.

iv. As of the date of this Prospectus company’s portfolio consisted of the following:
1. Osiya Shambhu Lodge at Rakchham – Leased Property
2. Osiya Shoshla Café – Leased Property
3. Osiya Rangnoo Rakchham Retreat – Leased Property
4. Osiya Tashi Dolma Home stay – Marketing & Branding
5. Osiya Baba Inn Guest Home – Marketing & Branding

v. Competitive Strengths:

1. Experienced promoter and management team.
2. Operational efficiency.
3. Customer Experience