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Larisa Hotels & Resorts IPO IPO

SME[.][.]
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Allotment
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Listing
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Issue Size
36,72,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets36.1333.6025.8820.28
Total Income7.1924.9021.4918.69
Profit After Tax0.914.002.090.06
EBITDA2.208.485.312.60
NET Worth19.4315.255.561.85
Reserves and Surplus8.4314.374.711.80
Total Borrowing12.3712.5716.5316.74
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Suba Hotels Ltd.SME₹75.47 Cr₹11112.78₹161.90+45.86%₹107.05 (-0.33%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Capital Expenditure requirements towards upgradation, refurbishment, expansion and renovation of hotel properties15.98
2Investment in the form of loan to subsidiary for construction of hotel premises15.00
3General Corporate Purpose

About Larisa Hotels & Resorts IPO

Larisa Hotels & Resorts operates in the hospitality sector, managing and operating hotels through lease, management, and revenue-sharing models. The company provides end-to-end hospitality solutions, ensuring high service standards, guest satisfaction, and efficient revenue management. Its offerings include resorts, villas, cottages, and premium restaurants and bars, with a focus on luxury and sustainability. In November 2024, the company acquired 22 managed properties along with the AM Hotel Kollection brand, strengthening its portfolio. Its hotel keys have grown from 11 in 2019 to 715 keys across 25 operational properties in 9 states as of the DRHP. Its brand name includes—LaRiSa, AM Hotel Kollection, and 8fold by LaRiSa—cater to different guest preferences across mountain, beach, nature, heritage, and urban locations. This mix of brands and business models supports capital-efficient growth. The company also have a pipeline of 10 upcoming properties with 291 keys. These include hotels in Lucknow, Kanha National Park, and Nubra Valley. The company operate hotels under four models: leasehold, revenue share, managed properties, and sales & marketing. Competitive Strengths Asset Ligh

Contact Details

Larisa Hotels & Resorts Ltd. AddressUnit No 402, 4th Floor, Merlin Matrix,Street No 10, DN Block, Sector-5, Biddhan nagar,CK Market, SaltlakeDist.North 24 Parganas, West Bengal, 700091+91- 9999240590cs@larisaresort.comVisit Website