Suba Hotels Limited IPO

Suba Hotels Limited IPO

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹105 - ₹111

Total Issue

₹75.47 Cr

Bid Dates

29 Sep - 01 Oct

Subscription

15.40x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Suba Hotels Limited is one of India’s largest domestic hotel chains in the mid-market sector, with 88 operational hotels across 50+ cities as of July 2025, offering 4,096 keys. Around 81% of its properties are in emerging Tier 2 and Tier 3 cities, strengthening its presence in high-growth markets. Additionally, the company has 40 hotels in the pre-opening phase with 1,831 rooms (Source: JLL Report). Suba Hotels operates across upscale, upper-midscale, midscale, and economy brands, catering to business, leisure, and religious travelers with superior service at attractive price points. Its diverse portfolio includes owned, managed, revenue share & lease, and franchised hotels, allowing scalability and flexibility in operations. With a strong pipeline and established reputation, Suba Hotels is strategically positioned to benefit from India’s expanding hospitality sector.

Lot Info

Lot Information for Suba Hotels IPO
Category Lots Shares Amount
Individual (Min) 2 2,400 ₹2,66,400
Individual (Max) 2 2,400 ₹2,66,400
S-HNI (Min) 3 3,600 ₹3,99,600
S-HNI (Max) 7 8,400 ₹9,32,400
B-HNI (Min) 8 9,600 ₹10,65,600
Market Maker
3,40,800 EQ Shs
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹75.47 Cr
Fresh Issue
₹75.47 Cr (0.68 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹111
Est. Gain 0.00%

Suba Hotels IPO Peer Comparison

There are no comparable listed peers in India as per the company

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Suba Hotels IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 79.24 52.28 35.03
Profit after Tax 15.15 8.96 2.78
Net Worth 47.61 32.33 23.46
Total Borrowing 50.23 45.73 46.09
Total Assets 123.04 100.07 85.23
NAV per share (in ₹) 27.29 18.53 13.45
EPS - Basic (in ₹) 8.69 5.14 1.60

KPIs

EBITDA

29.09%

PAT

18.94%

ROE

31.82%

ROCE

35.55%

Debt to Equity

1.06

PE Ratio

12.77

PB Ratio

4.07

Mkt Cap (in Crs.)

269.09

All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

84.69%

Public

15.31%

Click Hotels Pvt Ltd 42.35%
Mansur Mehta 39.16%
Others 3.18%

Management

Mansur Mehta Chairman & MD
Mubeen Mehta CEO
Girish Bhatt CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on 01-Oct-2025 19:00:34 hrs

Category Sub (x) Offered Bids
QIB 20.98x 12,96,000 2,71,94,400
NII 22.41x 9,72,000 2,17,84,800
bHNI 27.28x 6,48,000 1,76,77,200
sHNI 12.68x 3,24,000 41,07,600
Individual Investor 9.07x 22,72,800 2,06,16,000
Total 15.33x 45,40,800 6,95,95,200

Frequently Asked Questions

What is Suba Hotels IPO?
Suba Hotels IPO is a SME IPO having an issue size of ₹75.47 Crs. Suba Hotels IPO is priced at ₹105 - ₹111 per share. The issue opens on 29 Sep 25 and closes on 01 Oct 25.
When will Suba Hotels IPO open?
Suba Hotels IPO opens on 29 Sep 25 and closes on 01 Oct 25.
What is the GMP of Suba Hotels IPO?
The estimated Grey Market Premium of Suba Hotels IPO is ₹0 per share (0.00%).
What is the lot size of Suba Hotels IPO?
The minimum lot size of Suba Hotels IPO is 1200 shares & the minimum application amount is Rs. 133200.
When is the allotment of Suba Hotels IPO?
The allotment date of Suba Hotels IPO is 03 Oct 25.
What is the listing date of Suba Hotels IPO?
The listing date of Suba Hotels IPO is 07 Oct 25.
What is the subscription of Suba Hotels IPO?
Suba Hotels IPO is subscribed 15.40 times.
What is the price band of Suba Hotels IPO?
Suba Hotels IPO is priced at ₹105 - ₹111 per share.
How to check allotment status of Suba Hotels IPO?
Click the allotment link on Suba Hotels IPO page of IPO360.
How to apply Suba Hotels IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Suba Hotels IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Suba Hotels IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Suba Hotels IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date