IPO - Initial Public Offerings

 SUBAHOTELS

  

SUBA HOTELS LTD. IPO

29 Sep, 10:00 AM

Issue Open

01 Oct, 05:00 PM

Issue Close

1200

Lot Size

₹ 105.00 – ₹ 111.00

Price Range

IPO Issue Details

Issue size 75.47 Cr
Market Price 111.00
Registrar Bigshare Services Pvt.Ltd
Face Value RS.10 /- Per share
Listing at NSE

About

SUBA HOTELS LTD. 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).

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 2400 ₹ 2,66,400.00
Retail (Max) 2 2400 ₹ 2,66,400.00
S-HNI (Min) 3 3600 ₹ 3,99,600.00
S-HNI (Max) 8 9600 ₹ 10,65,600.00
B-HNI (Min) 9 10800 ₹ 11,98,800.00

IPO TimeLine

Open Date 29-Sep-2025
Close Date 01-Oct-2025
Basis of Allotment Date 03-Oct-2025
Initiation of Refunds 06-Oct-2025
Credit Shares to Demat A/c 06-Oct-2025
IPO Listing Date 07-Oct-2025