{"id":58655,"date":"2025-09-25T13:06:14","date_gmt":"2025-09-25T07:36:14","guid":{"rendered":"https:\/\/newswiredelhi.com\/index.php\/2025\/09\/25\/suba-hotels-limited-announces-opening-of-initial-public-offering-ipo-on-september-29-2025-2\/"},"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-29-2025-2","status":"publish","type":"post","link":"https:\/\/newswiredelhi.com\/index.php\/2025\/09\/25\/suba-hotels-limited-announces-opening-of-initial-public-offering-ipo-on-september-29-2025-2\/","title":{"rendered":"Suba Hotels Limited Announces Opening of Initial Public Offering (IPO) on September 29, 2025"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"675\" src=\"https:\/\/primexnewsnetwork.com\/wp-content\/uploads\/2025\/09\/Suba-Hotels-Limited.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" \/><\/p>\n<div>\n<p><strong>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<p>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<p>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<p><strong>IPO Details<\/strong><\/p>\n<p>\u2022\u00a0Issue Size: Up to\u00a067,99,200 equity shares\u00a0of face value \u20b910 each<\/p>\n<p>\u2022\u00a0Total Issue Size: \u20b975.47 crore (at upper price band)<\/p>\n<p>\u2022\u00a0Price Band: \u20b9105 \u2013 \u20b9111 per equity share<\/p>\n<p>\u2022\u00a0Post-Issue Market Capitalization:\u00a0\u20b9269.12 crore (at upper price band)<\/p>\n<p>\u2022\u00a0Lot Size: 1,200 equity shares<\/p>\n<p>\u2022\u00a0Listing Platform: NSE Emerge<\/p>\n<p><strong>IPO Timeline<\/strong><\/p>\n<p>\u2022\u00a0Anchor Investor Bidding Date: Friday, September 26, 2025<\/p>\n<p>\u2022\u00a0Offer Opens: Monday, September 29, 2025<\/p>\n<p>\u2022\u00a0Offer Closes: Wednesday, October 1, 2025<\/p>\n<p>\u2022\u00a0Listing Date: Tuesday, October 7, 2025*<\/p>\n<p><strong>Share Allocation<\/strong><\/p>\n<p>\u2022\u00a0Qualified Institutional Buyers (QIBs): Up to 50% of Net Issue (including Anchor Investors, up to 60% discretionary allocation)<\/p>\n<p>\u2022\u00a0Non-Institutional Investors (NII): Not less than 15% of Net Issue<\/p>\n<p>\u2022\u00a0Retail Individual Investors (RII): Not less than 35% of Net Issue<\/p>\n<p>\u2022\u00a0Market Maker Reservation: 3,40,800 equity shares<\/p>\n<p><strong>Utilisation of Net Proceeds<\/strong><\/p>\n<p>\u2022\u00a0Funding Capital Expenditure Requirements towards upgradation and last-mile funding of hotel\u00a0Premises\u00a0\u2013 \u20b9 5,347.56 lakhs<\/p>\n<p>\u2022\u00a0General Corporate Purposes<\/p>\n<p><strong>Offer Intermediaries<\/strong><\/p>\n<p>\u2022\u00a0Book Running Lead Manager: Unistone Capital Private Limited<\/p>\n<p>\u2022\u00a0Registrar to the Offer: Bigshare Services Private Limited<\/p>\n<p><strong>Management Commentary<\/strong><\/p>\n<p>Mr.\u00a0Mansur Mehta, Chairman and Managing Director of Suba Hotels Limited, said:<br \/>\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<p>Mr.\u00a0Brijesh Parekh, Founder of Unistone Capital Private Limited, added:<br \/>\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<p><em>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":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":58656,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_rishi_post_view_count":126},"categories":[9],"tags":[674],"class_list":["post-58655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-pressrelease","rishi-post"],"rishi__cb_customizer_meta":"","comments_count":"0","_links":{"self":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/58655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/comments?post=58655"}],"version-history":[{"count":0,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/58655\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media\/58656"}],"wp:attachment":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media?parent=58655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/categories?post=58655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/tags?post=58655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}