suba hotels limited IPO
IPO Overview
Suba hotels limited IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹75.47 Cr. The IPO price band is set at ₹105 to ₹111 per share, and retail investors can apply with a minimum investment of ₹2.66 L as per IPO guidelines.
The Suba hotels limited IPO opens on 29 Sept 2025 and closes on 1 Oct 2025. The IPO allotment is expected to be finalized on 3 Oct 2025, and the equity shares are proposed to be listed on NSE on 7 Oct 2025.
Investors can refer to the Suba hotels limited IPO RHP-DRHP for detailed information. The issue is managed by Unistone Capital Pvt.Ltd. as the book running lead manager, while Bigshare Services Pvt Ltd is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
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.
Investment Objective
General Corporate Purposes