IPO Trending
SUBAHOTELSSME / NSEListed
Suba Hotels

Suba Hotels Limited, established in October 1997, is a domestic mid-market hotel chain with a strong presence across India. By July 2025, it was operating 88 hotels with 4,096 rooms in 50 cities, mainly in tier 2 and 3 locations, and had 40 more hotels in the pipeline with 1,831 rooms. The group serves different segments of the mid-market sector, including upscale, upper-midscale, midscale, and economy brands. Its portfolio includes five owned hotels, 19 managed hotels, 14 operating on revenue share or lease, and 48 franchised hotels. The company owns properties in cities such as Ahmedabad, Bhuj, Junagadh, Vadodara, and Pithampur.

₹105 - ₹11115.4x sub
Listed Price₹154.20
Listing Gain+38.92%

IPO Schedule & Timeline

Bookbuilding IPO
Open29 Sep 2025
Close01 Oct 2025
Allotment03 Oct 2025
Listing07 Oct 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor19,17,600 shares
28.2%
QIB12,96,000 shares
19.06%
HNI9,72,000 shares
14.3%
Retail22,72,800 shares
33.43%
Market Maker3,40,800 shares
5.01%

Minimum Application Lots

Retail2 Lots (2,400 shares)
₹2,66,400
sHNI3 Lots (3,600 shares)
₹3,99,600
bHNI8 Lots (9,600 shares)
₹10,65,600

Company Promoters

Click Hotels Private LimitedMansur MehtaMubeen Mehta

Company Background

Suba Hotels Limited, established in October 1997, is a domestic mid-market hotel chain with a strong presence across India. By July 2025, it was operating 88 hotels with 4,096 rooms in 50 cities, mainly in tier 2 and 3 locations, and had 40 more hotels in the pipeline with 1,831 rooms. The group serves different segments of the mid-market sector, including u...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-25)₹79.98 Cr
Growth+127.2%
Revenue Trend (₹ in Crores)
0.030.761.392.0Mar-23Mar-24Mar-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-2579.9815.15123.0450.23
Mar-24538.96100.0745.73
Mar-2335.22.7885.2346.09

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-25031.82%35.55%12.7817.76
Mar-24027.71%26.80%00
Mar-23011.86%22.37%00

Peer Comparison & Valuation

Financial Performance

Royal Orchids Hotels Limited

NAV/Share (₹)84.16
RONW(%)20.58
EPS (Basic) (₹)17.32

Suba Hotels Limited

NAV/Share (₹)27.29
RONW(%)31.82
EPS (Basic) (₹)8.69

Sayaji Hotels Limited

NAV/Share (₹)91.06
RONW(%)1.30
EPS (Basic) (₹)1.18

Valuation

Royal Orchids Hotels Limited

P/E(X)29.81
CMP* (₹)NA
Face value (₹)10.00

Suba Hotels Limited

P/E(X)NA
CMP* (₹)NA
Face value (₹)10.00

Sayaji Hotels Limited

P/E(X)247.58
CMP* (₹)NA
Face value (₹)10.00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
03 Oct 2025
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
07 Oct 2025

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Suba Hotels. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization03 Oct 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date07 Oct 2025Trading commences on exchange

How to Check Suba Hotels Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Suba Hotels from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Suba Hotels IPO

Complete issue overview for Suba Hotels (SUBAHOTELS) IPO. The issue features an equity share price band of ₹105 – ₹111 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,33,200). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions