{"id":41540,"date":"2025-09-25T13:06:14","date_gmt":"2025-09-25T07:36:14","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/09\/25\/suba-hotels-limited-announces-opening-of-initial-public-offering-ipo-on-september-29-2025\/"},"modified":"2025-09-25T13:06:14","modified_gmt":"2025-09-25T07:36:14","slug":"suba-hotels-limited-announces-opening-of-initial-public-offering-ipo-on-september-29-2025","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/09\/25\/suba-hotels-limited-announces-opening-of-initial-public-offering-ipo-on-september-29-2025\/","title":{"rendered":"Suba Hotels Limited Announces Opening of Initial Public Offering (IPO) on September 29, 2025"},"content":{"rendered":"
\n

Mumbai (Maharashtra) [India], September 25:<\/strong> Suba Hotels Limited, one of India\u2019s leading domestic hotel chains in the mid-market hospitality segment, announced the launch of its Initial Public Offering (IPO), which is set to open on Monday, September 29, 2025, and will close on Wednesday, October 1, 2025.<\/p>\n

The Company operates across upscale, upper-midscale, midscale, and economy hotel formats, with a strong presence in Tier 2 and Tier 3 cities. As of\u00a0July 2025, Suba had\u00a088 operational hotels with 4,096 keys across 50+ cities, along with\u00a040 upcoming properties comprising 1,831 rooms. Suba\u2019s asset-light business model spans owned, managed, revenue-share, leased, and franchised hotels, and is further strengthened by its exclusive master franchise rights for Choice Hotels\u2019 international brands\u00a0\u2013\u00a0Comfort, Clarion, and Quality\u00a0in India.<\/p>\n

The Company intends to utilize the IPO proceeds towards\u00a0funding capital expenditure requirements for upgrades and last-mile funding of hotel premises\u00a0and general corporate purposes, enabling further scale-up in high-potential domestic and international markets.<\/p>\n

IPO Details<\/strong><\/p>\n

\u2022\u00a0Issue Size: Up to\u00a067,99,200 equity shares\u00a0of face value \u20b910 each<\/p>\n

\u2022\u00a0Total Issue Size: \u20b975.47 crore (at upper price band)<\/p>\n

\u2022\u00a0Price Band: \u20b9105 \u2013 \u20b9111 per equity share<\/p>\n

\u2022\u00a0Post-Issue Market Capitalization:\u00a0\u20b9269.12 crore (at upper price band)<\/p>\n

\u2022\u00a0Lot Size: 1,200 equity shares<\/p>\n

\u2022\u00a0Listing Platform: NSE Emerge<\/p>\n

IPO Timeline<\/strong><\/p>\n

\u2022\u00a0Anchor Investor Bidding Date: Friday, September 26, 2025<\/p>\n

\u2022\u00a0Offer Opens: Monday, September 29, 2025<\/p>\n

\u2022\u00a0Offer Closes: Wednesday, October 1, 2025<\/p>\n

\u2022\u00a0Listing Date: Tuesday, October 7, 2025*<\/p>\n

Share Allocation<\/strong><\/p>\n

\u2022\u00a0Qualified Institutional Buyers (QIBs): Up to 50% of Net Issue (including Anchor Investors, up to 60% discretionary allocation)<\/p>\n

\u2022\u00a0Non-Institutional Investors (NII): Not less than 15% of Net Issue<\/p>\n

\u2022\u00a0Retail Individual Investors (RII): Not less than 35% of Net Issue<\/p>\n

\u2022\u00a0Market Maker Reservation: 3,40,800 equity shares<\/p>\n

Utilisation of Net Proceeds<\/strong><\/p>\n

\u2022\u00a0Funding Capital Expenditure Requirements towards upgradation and last-mile funding of hotel\u00a0Premises\u00a0\u2013 \u20b9 5,347.56 lakhs<\/p>\n

\u2022\u00a0General Corporate Purposes<\/p>\n

Offer Intermediaries<\/strong><\/p>\n

\u2022\u00a0Book Running Lead Manager: Unistone Capital Private Limited<\/p>\n

\u2022\u00a0Registrar to the Offer: Bigshare Services Private Limited<\/p>\n

Management Commentary<\/strong><\/p>\n

Mr.\u00a0Mansur Mehta, Chairman and Managing Director of Suba Hotels Limited, said:
\n\u201cOver the last two decades, we have built Suba into a trusted mid-market hospitality brand with a diversified portfolio across India\u2019s key business and leisure hubs. With our asset-light model, global brand partnerships, and expansion into Tier 2 and Tier 3 cities, we are uniquely positioned for sustainable growth. The IPO will help us strengthen our balance sheet and accelerate our expansion plans.\u201d<\/p>\n

Mr.\u00a0Brijesh Parekh, Founder of Unistone Capital Private Limited, added:
\n\u201cWe are proud to partner with Suba Hotels Limited for their IPO journey. Suba Hotels is well-placed to capture India\u2019s rising hospitality demand, especially in underserved Tier 2 and Tier 3 markets. Its strong multi-brand portfolio, proven ability to acquire and turn around assets, and strategic international tie-ups make this IPO an attractive opportunity for investors.\u201d<\/p>\n

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], September 25: Suba Hotels Limited, one of India\u2019s leading domestic hotel chains in the mid-market hospitality segment, announced the launch of its Initial Public Offering (IPO), which is set to open on Monday, September 29, 2025, and will close on Wednesday, October 1, 2025. The Company operates across upscale, upper-midscale, midscale, and…<\/p>\n

Read More “Suba Hotels Limited Announces Opening of Initial Public Offering (IPO) on September 29, 2025”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":41541,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-41540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/41540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=41540"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/41540\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/41541"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=41540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=41540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=41540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}