Suba Hotels Limited IPO

Established in October 1997, Suba Hotels Limited is a domestic hotel chain in the mid-market sector with 88 operational hotels. As of July 2025, the group manages 88 operational hotels comprising 4,096 keys across 50 cities, predominantly in tier 2 and 3 cities. Additionally, 40 hotels are in the pre-opening phase, adding 1831 rooms to its portfolio. The company operates in the mid-market hotel sector, including upscale, upper-midscale, midscale, and economy brands, both domestic and international. As of July 31, 2025, the company operates five owned hotels with 227 rooms, 19 managed hotels with 156,551 rooms, 14 revenue share & lease hotels with 823 rooms, and 48 franchised hotels with 2,469 rooms. The company owns hotels in Ahmedabad, Bhuj, Junagadh, Vadodara (Gujarat) and Pithampur (Madhya Pradesh). Competitive Strength: One of India's leading domestic hotel chains in the mid-scale sector with a differentiated business model. Wide geographical coverage. Established distribution network. Ability to acquire underperforming hotels and improve performance through renovation or rebranding. Experienced promoters and management team.

Funding Capital Expenditure Requirements towards upgradation and last-mile funding of hotel premises General Corporate Purposes