Pride Hotels IPO
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Pride Hotels IPO is a Mainboard book building IPO. Issue size is TBA crores. Price band is ₹TBA per share. Lot size is TBA shares. Managed by Motilal Oswal Investment Advisors Ltd. and JM Financial Ltd. Registrar: Kfin Technologies Limited. Key details for GMP, subscription, price, allotment, and listing in one place.
Pride Hotels IPO overview
Pride Hotels IPO Key figures
Price band, lot, minimum application, and issue window at a glance.
Price band
TBA
Lot size
TBA shares / lot
Min investment
TBA
Issue open – close
24 Apr 2027 → 24 Apr 2027
Pride Hotels IPO important dates
Issue Opens
To be announced
Issue Closes
To be announced
Allotment
To be announced
Listing
To be announced
About Pride Hotels IPO
From the company / RHP narrative.
Incorporated in 1983, Pride Hotels Ltd is an Indian hospitality brand that owns, develops, operates, and manages hotels under the "Pride Hotels and Resorts" brand name. The company operates through two models:
Owned Hotels– 7 properties with 1,136 rooms
Managed Hotels– 27 properties with 1,587 rooms
Its portfolio covers 34 hotels and resorts with 2,723 rooms across 32 cities in India. Among family-promoted hotel groups, it is among the fourth largest domestic chain, and the sixth largest in India in terms of owned inventory in upscale, upper midscale, and midscale segments (as of June 30, 2025).
The company operates under the four sub-brands:
Pride Plaza – Upscale hotels in major cities like Delhi, Ahmedabad, Jaipur, Kolkata.
Pride Premier – Upper midscale hotels in regional hubs like Nagpur, Pune, Indore, Udaipur, Mussoorie.
Pride Elite – Midscale hotels for leisure travelers in scenic locations like Haridwar, Dwarka, Daman.
Biznotel by Pride – Midscale hotels for business travelers in cities like Surat, Vadodara, Bharuch.
The hotel caters to business, leisure, and pilgrim travel. Additionally, the company also earns revenue from F&B outlets, banquets, spas, fitness centers, retail (Pride Mart), and event services. It operates 50+ restaurants and bars, along with 90 banquet halls covering 350,000 sq. ft., supporting weddings, conferences, and social functions.
Its customer base include major corporates (e.g., SpiceJet, Zydus, Power Grid, Adani, Air India) and top travel platforms (MakeMyTrip, Booking.com, Cleartrip).
Competitive strengths
Pan-India presence with strategically located and diversified portfolio of hotels and resorts
Full-service customized properties
Brand legacy and portfolio, with a focus on local Indian customs and traditions
Asset light business model
Focus on operational efficiencies and active asset management
Promoters supported by an experienced management team
Pride Hotels IPO Issue Objective
How the issuer plans to use IPO proceeds.
Funding capital expenditure towards renovation of existing hotels
Repayment and prepayment in full of part of certain borrowings
General corporate purposes
Pride Hotels IPO FAQs
A quick overview of key terms, dates, and how to track this IPO.
What is Pride Hotels IPO?
Pride Hotels IPO is a public issue where the company offers its shares to investors through the stock exchange, allowing retail, HNI, and institutional participation.
What is the IPO price band of Pride Hotels IPO?
The IPO price band of Pride Hotels IPO is ₹TBA per share, as mentioned in the issue details.
What is the minimum investment required for Pride Hotels IPO?
The minimum investment in Pride Hotels IPO is ₹TBA, based on the applicable lot size for retail investors.
What is the lot size of Pride Hotels IPO?
The lot size of Pride Hotels IPO is TBA shares per lot, and applications must be made in multiples of this lot size.
What are the opening and closing dates of Pride Hotels IPO?
Pride Hotels IPO opens on 24 Apr 2027 and closes on 24 Apr 2027, as per the announced schedule.
What is Pride Hotels IPO subscription status?
Pride Hotels IPO subscription status shows the level of demand across retail, HNI, and institutional investor categories during the issue period.
What is Pride Hotels IPO GMP today?
Pride Hotels IPO GMP (Grey Market Premium) today is around ₹TBA, reflecting current grey market activity before listing.
Is Pride Hotels IPO GMP positive or negative?
Pride Hotels IPO GMP is currently subject to change, based on prevailing grey market trends. GMP may change over time.
What does Pride Hotels IPO GMP indicate for listing?
A positive Pride Hotels IPO GMP may indicate market interest ahead of listing, while actual listing performance depends on subscription response and market conditions.
When is Pride Hotels IPO listing date?
The expected listing date of Pride Hotels IPO is 24 Apr 2027, subject to completion of the allotment process.
Where can I check Pride Hotels IPO allotment status?
Pride Hotels IPO allotment status can be checked online once the allotment process is completed using application or PAN details.
Can Pride Hotels IPO subscription and GMP change before listing?
Yes, Pride Hotels IPO subscription figures and GMP may change during the issue period and before listing based on market activity.