Business Overview
Hotel Polo Tower develops, own, operate and manage a chain of upscale and midscale hotels and resorts in Northeast, East and North India under the ‘Polo’ and ‘Max’ brands. As at August 31, 2025, its hospitality portfolio comprises nine operational hotels and resorts with an aggregate inventory of 425 keys, together with 17 on-premise cafés and restaurants and two standalone cafés. They are the largest hotel group in Northeast India in terms of number of hotels as at March 31, 2025 (source: Horwath HTL Report).
Objects of the Issue
Part-financing for the cost of establishment, expansion and upgradation of its existing properties
Financing the capital expenditure requirements of the Company
Investment in the Subsidiaries for capital expenditure requirements
Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed
Investment in Subsidiary, HPT Orchid Resort for repayment/prepayment, in part or full, of certain outstanding borrowings availed by the HPT Orchid Resort
Funding inorganic growth through unidentified acquisitions and general corporate purposes
Hotel Polo IPO IPO Financial Performance
(Rs. in crores)
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue | 117.97 | 89.93 | 87.12 |
| PAT | 22.09 | 12.00 | 13.13 |
| Net Worth | 112.14 | 101.77 | 85.14 |
| Borrowings | 48.33 | 56.77 | 56.31 |
| Assets | 269.38 | 250.47 | 229.58 |
| NAV (₹) | 19.38 | 17.58 | 14.71 |
| EPS (₹) | 3.47 | 2.01 | 2.27 |
Key Performance Indicators (KPIs)
EBITDA
44.60%
PAT
17.87%
ROCE
15.90%
Promoter Holding
Promoter
100.00%
Public
0.00%
Management
Registrar & Lead Managers
Registrar
MUFG Intime India
Lead Managers (2)
Company Details
Name: Hotel Polo Towers Limited
Address: Hotel Polo Towers, Polo Grounds, Shillong 793 001, Meghalaya, India
Number: +91 334814 7157 / +91 8100613112
Email: cs@hotelpolotowers.com
Website: https://www.polohotelsandresorts.com