IPO Details
Bidding Dates
29 Sept 25 - 01 Oct 25
Price Range ₹
105 - 111
Total Equity
₹ 72.93Cr
Lot Size
2400
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Offer start
29 Sept 2025
Offer end
01 Oct 2025
Allotment
03 Oct 2025
Refund initiation
06 Oct 2025
Demat transfer
06 Oct 2025
Listing
07 Oct 2025
Offer start
29 Sept 2025
Offer end
01 Oct 2025
Allotment
03 Oct 2025
Refund initiation
06 Oct 2025
Demat transfer
06 Oct 2025
Listing
07 Oct 2025
About Company
Suba Hotels Limited, established in October 1997, is a prominent mid-market hotel chain operating 88 hotels with 4,096 rooms across 50 cities, primarily in tier 2 and tier 3 locations. The company also has 40 hotels in the pre-opening phase, adding 1,831 rooms. Its portfolio spans various hotel categories, including owned, managed, revenue-share, leased, and franchised properties.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).
Year Founded
23-10-1997
Promotor Details
Mansur Mehta
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 84.69 | 0 |
| Share Capital | 14772150 | 0 |
Offer to Public
65,70,000.00 Cr
Project Details
- Funding Capital Expenditure Requirements towards upgradation and last-mile funding of hotel - 534.756cr
Objectives
- 1) Funding Capital Expenditure Requirements towards upgradation and last-mile funding of hotel premises.2) General Corporate Purposes.
Highlights
- Robust revenue and PAT growth demonstrating strong operational performance.
- Healthy EBITDA and PAT margins indicate efficient cost management.
- High ROE and ROCE reflect effective capital utilization.
- Diverse hotel portfolio minimizes risk across business models.
- Strategic focus on tier 2 and 3 cities taps into fast-growing markets.
Challenges
- Moderately high debt-to-equity ratio at 1.06, indicating leverage risk.
- Exposure to cyclical hospitality sector susceptible to economic downturns.
- Competitive pressures from larger hotel chains and alternative lodging options.
- Dependence on franchise and management contracts could limit direct control.
- Execution risks tied to aggressive expansion with 40 hotels in the pipeline.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2022 | 7,132.29 | 222.85 | 1,515.14 | 1,515.14 | 8.6861 |
| 2023 | 8,523.16 | 222.85 | 1,515.14 | 1,515.14 | 8.6861 |
| 2025 | 12,303.97 | 1,744.33 | 278.32 | 278.32 | 3.403 |
| 2024 | 10,007.09 | 475.73 | 278.32 | 278.32 | 3.403 |
