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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 893.30 | 769.87 | 615.91 |
| Total Income | 319.26 | 284.62 | 249.14 |
| Profit After Tax | 83.51 | 66.03 | 37.66 |
| EBITDA | 150.26 | 133.33 | 97.10 |
| NET Worth | 417.61 | 335.65 | 269.62 |
| Reserves and Surplus | 438.01 | 356.05 | 290.02 |
| Total Borrowing | 65.14 | 83.18 | 115.66 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Suba Hotels Ltd. | SME | ₹75.47 Cr | ₹111 | 12.78 | ₹161.90 | +45.86% | ₹107.05 (-0.33%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure towards renovation of existing hotels | 159.68 |
| 2 | Repayment and prepayment in full of part of certain borrowings | 40.00 |
| 3 | General corporate purposes |
About Pride Hotels IPO
Incorporated in 1983, Pride Hotels Ltd is an Indian hospitality brand that owns, develops, operates, and manages hotels under the "Pride Hotels and Resorts" brand name. The company operates through two models: Owned Hotels– 7 properties with 1,136 rooms Managed Hotels– 27 properties with 1,587 rooms Its portfolio covers 34 hotels and resorts with 2,723 rooms across 32 cities in India. Among family-promoted hotel groups, it is among the fourth largest domestic chain, and the sixth largest in India in terms of owned inventory in upscale, upper midscale, and midscale segments (as of June 30, 2025). The company operates under the four sub-brands: Pride Plaza – Upscale hotels in major cities like Delhi, Ahmedabad, Jaipur, Kolkata. Pride Premier – Upper midscale hotels in regional hubs like Nagpur, Pune, Indore, Udaipur, Mussoorie. Pride Elite – Midscale hotels for leisure travelers in scenic locations like Haridwar, Dwarka, Daman. Biznotel by Pride – Midscale hotels for business travelers in cities like Surat, Vadodara, Bharuch. The hotel caters to business, leisure, and pilgrim travel. Additionally, the company also earns revenue from F&B outlets, banquets, spas, fitness centers, retai
Contact Details
Pride Hotels Ltd. AddressAsset 5A, Hospitality District, Delhi AerocityIndira Gandhi International AirportDelhi, New Delhi, 110037+91 22 4037 2414cs@pridehotel.comVisit Website