Sayaji Hotels (Indore) Limited
BBSE:SHILINDORE1,230.00
INR
0.00
(0.00%)
ISIN
INE0MGS01014
Return %
Stock
S&P 500
1Y
37.95
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Raoof Razak Dhanani
- Full Time Employees
- 596
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Address
- Indore India
- IPO Date
- Jan 15, 2024
- Website
- sayajihotels.com
- Similar Companies
- Business
- Sayaji Hotels (Indore) Limited is an India-based hospitality company engaged in the ownership, operation, and management of full-service luxury hotels, fine-dining restaurants, banquet venues, and convention centers. Headquartered in Indore, Madhya Pradesh, the company operates primarily in the upscale hospitality and leisure segment, catering to corporate travelers, leisure guests, destination weddings, and large-scale MICE (Meetings, Incentives, Conferences, and Exhibitions) events across Central India. Its comprehensive hospitality portfolio comprises luxury guest accommodations, including deluxe rooms, executive suites, and presidential suites equipped with modern business and lifestyle amenities; extensive food and beverage operations featuring multi-cuisine dining at Cravings, poolside live-grill dining at Kebabsville, rooftop fine dining at Mediterra, and 24-hour in-room dining services; banquet and conference infrastructure, including the Quorum meeting halls, grand ballrooms, and landscaped open-air lawns for social, corporate, and wedding gatherings; and wellness and recreational facilities, encompassing fitness centers, swimming pools, spa and salon therapies, and indoor entertainment centers. Originally rooted in the Sayaji group founded in 1982 and incorporated as a distinct corporate entity in 2018, Sayaji Hotels (Indore) Limited was established as an independent operating company pursuant to a composite scheme of arrangement and demerger from Sayaji Hotels Limited, culminating in its independent listing on the BSE in 2023. In recent developments, the company has undertaken extensive property modernizations and room refurbishments to drive average room rates and RevPAR growth; expanded its high-margin outdoor catering, institutional catering, and bespoke wedding management verticals; integrated advanced digital guest management and direct booking platforms; and pursued strategic asset-light hospitality management contracts and banquet partnerships to scale its footprint across regional commercial hubs.