In today’s briefing:
- Samhi Hotels IPO – Taking a Large Hair Cut, Now at a Decent Discount
Samhi Hotels IPO – Taking a Large Hair Cut, Now at a Decent Discount
- SAMHI Hotels (SAMHI IN) plans to raise around US$165m in its Indian IPO.
- Samhi is India’s third-largest hotel asset owner, by number of keys, with a portfolio of 25 operating hotel assets comprising 3,839 keys, as of Feb 2023.
- In this note, we talk about the updates from the recent filings and our final thoughts on valuations.
💡 Before it’s here, it’s on Smartkarma
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