Suba Hotels IPO Sees Exceptional Demand, Subscribed 15.33x by Day 3

Suba Hotels Limited's initial public offering (IPO) has demonstrated exceptional investor interest through its third and final day of subscription, with Suba Hotels' stock price set at ₹105-111 per share reflecting overwhelming market reception. The ₹75.47 crore IPO reached 15.33 times by 5:14:18 PM on day three, indicating exceptional investor interest in this domestic hotel chain operator incorporated in 1997.

Suba Hotels IPO non-institutional investors segment leads with exceptional 22.41 times subscription, whilst qualified institutional buyers (ex-anchor) demonstrate exceptional participation at 20.98 times and retail investors show strong interest at 9.07 times, whilst anchor investors show complete participation at 1.00 times, reflecting overwhelming investor confidence in this mid-market hotel chain.

Suba Hotels IPO subscription reached exceptional 15.33 times on day three, led by Non-Institutional Investors (22.41x), Qualified Institutional Buyers Ex-Anchor (20.98x), and Retail Investors (9.07x). Total applications reached 11,281.

Subscription Status of Suba Hotels IPO:

Here are the subscription details for Suba Hotels IPO as of Day 3 (October 1, 2025, 5:04:49 PM):

Suba Hotels IPO Reservation

Key Highlights - Day 3:

• Overall subscription reached exceptional 15.33 times, showing substantial improvement from day two's 0.80 times
• Non-institutional investors displaying exceptional interest at 22.41 times, building substantially from day two's 1.35 times
• Qualified institutional buyers (ex-anchor) showing exceptional performance at 20.98 times, building substantially from day two's 1.17 times
• Retail investors showing strong confidence at 9.07 times, building substantially from day two's 0.36 times
• Total applications reached 11,281, indicating outstanding investor participation for this SME IPO
• Cumulative bid amount reached ₹772.51 crores, massively exceeding the issue size of ₹75.47 crores
• Anchor investors fully subscribed at ₹21.29 crores as expected

Suba Hotels IPO - Day 2 Subscription at 0.80 Times

Key Highlights - Day 2:

• Overall subscription reaching limited 0.80 times, showing marginal improvement from day one's 0.62 times
• Non-institutional investors showing moderate performance at 1.35 times, building substantially from day one's 0.92 times
• Qualified institutional buyers (ex-anchor) showing moderate performance at 1.17 times, unchanged from day one's 1.17 times
• Retail investors displaying limited confidence at 0.36 times, building substantially from day one's 0.17 times

Suba Hotels IPO - Day 1 Subscription at 0.62 Times

Key Highlights - Day 1:

• Overall subscription reached limited 0.62 times, showing cautious initial investor interest
• Qualified institutional buyers showing moderate performance at 1.17 times, indicating decent institutional appetite
• Non-institutional investors showing limited performance at 0.92 times, indicating weak HNI appetite
• Retail investors displaying minimal confidence at 0.17 times, showing very weak retail sentiment

About Suba Hotels Limited

Suba Hotels Limited is a domestic hotel chain in the mid-market sector operating 88 hotels comprising 4,096 keys across 50 cities predominantly in tier 2 and 3 cities, with five owned hotels, 19 managed hotels, 14 revenue share & lease hotels, and 48 franchised hotels, with an additional 40 hotels in pre-opening phase adding 1,831 rooms to its portfolio.