
✓
Open
29 Sep to 1 Oct, 2025
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Close
29 Sep to 1 Oct, 2025
3
Allotment
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Listing
Tue, Oct 7, 2025
Price Band
₹105 to ₹111
Issue Size
67,99,200 shares (agg. up to ₹75 Cr)
Lot Size
1,200 Shares
Listing Date
Tue, Oct 7, 2025
Latest GMP
₹10
Est. Gain
9.01%
✦ AI Insight
GMP Trend
07-10-2025₹10Est. ₹121+9.01%
06-10-2025₹10Est. ₹121+9.01%
05-10-2025₹10Est. ₹121+9.01%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 11.20x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 123.04 | 100.07 | 85.23 |
| Total Income | 79.98 | 53.00 | 35.20 |
| Profit After Tax | 15.15 | 8.96 | 2.78 |
| EBITDA | 23.27 | 8.75 | 13.87 |
| NET Worth | 47.61 | 32.33 | 23.46 |
| Reserves and Surplus | 30.17 | 27.57 | 18.70 |
| Total Borrowing | 50.23 | 45.73 | 46.09 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Valencia India Ltd. | SME | ₹48.95 Cr | ₹110 | 51.02 | ₹83.60 | -24.00% | ₹19.10 (-2.10%) |
| Grand Continent Hotels Ltd. | SME | ₹74.46 Cr | ₹113 | 51.24 | ₹107.25 | -5.09% | ₹114.80 (-0.13%) |
| Jungle Camps India Ltd. | SME | ₹29.42 Cr | ₹72 | 22.88 | ₹129.96 | +80.50% | ₹49.95 (+5.47%) |
| Brigade Hotel Ventures Ltd. | Mainboard | ₹759.60 Cr | ₹90 | 112.38 | ₹85.32 | -5.20% | ₹62.33 (+0.27%) |
| Schloss Bangalore Ltd. | Mainboard | ₹3,500.00 Cr | ₹435 | 160.63 | ₹435.55 | +0.13% | ₹485.25 (+0.15%) |
| Ventive Hospitality Ltd. | Mainboard | ₹1,600.00 Cr | ₹643 | -201.01 | ₹704.35 | +9.54% | ₹613.50 (+0.06%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure Requirements towards upgradation and last-mile funding of hotel premises | 53.48 |
| 2 | General Corporate Purposes | 14.52 |
| 3 | Issue Expenses | 7.47 |
| Total | 75.47 |
About Suba Hotels 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). Competitive Strength: One of India's leading domestic hotel chains in the mid-scale sector with a differentiated business model. Wide geographical coverage. Established distribution network. Ability to acquire underperforming hotels and improve performance through renovation or rebranding. Experienced promoters and management team. + Read More
Contact Details
Suba Hotels Ltd. AddressHotel Suba Star, Judges Bungalow RoadNear Akash TowerBodakdevAhmedabad, Gujarat, 380015+91-2266820707compliance@subahotels.comVisit Website