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Suba Hotels IPO IPO

Mainline29 Sep to 1 Oct, 202529 Sep to 1 Oct, 2025
Open
29 Sep to 1 Oct, 2025
Close
29 Sep to 1 Oct, 2025
3
Allotment
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

07-10-202510Est. ₹121+9.01%
06-10-202510Est. ₹121+9.01%
05-10-202510Est. ₹121+9.01%

Live Subscription

CategorySubscription (times)
Total11.20x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets123.04100.0785.23
Total Income79.9853.0035.20
Profit After Tax15.158.962.78
EBITDA23.278.7513.87
NET Worth47.6132.3323.46
Reserves and Surplus30.1727.5718.70
Total Borrowing50.2345.7346.09
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Valencia India Ltd.SME₹48.95 Cr₹11051.02₹83.60-24.00%₹19.10 (-2.10%)
Grand Continent Hotels Ltd.SME₹74.46 Cr₹11351.24₹107.25-5.09%₹114.80 (-0.13%)
Jungle Camps India Ltd.SME₹29.42 Cr₹7222.88₹129.96+80.50%₹49.95 (+5.47%)
Brigade Hotel Ventures Ltd.Mainboard₹759.60 Cr₹90112.38₹85.32-5.20%₹62.33 (+0.27%)
Schloss Bangalore Ltd.Mainboard₹3,500.00 Cr₹435160.63₹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 ObjectsEst Amt (₹ Cr.)
1Funding Capital Expenditure Requirements towards upgradation and last-mile funding of hotel premises53.48
2General Corporate Purposes14.52
3Issue Expenses7.47
Total75.47

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