1. Home
  2. IPO
  • Suba Hotels
Suba Hotels Ltd

Suba Hotels IPO

  • Status: Closed
  • RHP:
  • ₹ 252,000 / 2400 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    07 Oct 2025

  • Listing Price

    ₹ 154.20

  • Listing Change

    38.92%

  • Last Traded Price

    ₹ 147.50

Suba Hotels IPO Details

  • Open Date

    29 Sep 2025

  • Close Date

    01 Oct 2025

  • Listing Date

    07 Oct 2025

  • IPO Price Range

    ₹ 105 to ₹111

  • IPO Size

    ₹ 75.47 Cr

  • Listing Exchange

    NSE SME

Open Free Demat Account

+91
Resend OTP

By proceeding, you agree to all T&C*

hero_form
Timeline Subscription Status Financials SWOT FAQ Contacts

Suba Hotels IPO Timeline

Suba Hotels IPO Subscription Status

Last Updated: 01 October 2025 6:49 PM by 5paisa

Suba Hotels Limited operates 88 hotels with 4,096 keys across 50 cities, primarily in tier 2 and 3 locations. The company runs upscale, upper-midscale, midscale, and economy brands and has an additional 40 hotels in the pre-opening phase, adding 1,831 rooms.

Established in: October 1997
MD: Mansur Mehta

Peers: 
    • Royal Orchids Hotels Ltd.. 
    • Sayaji Hotels Ltd.

Suba Hotels Objectives

1. Capital expenditure for upgrading of hotel premises ₹ 53.48 Cr

2. General corporate purposes

Suba Hotels IPO Size

Types Size
Total IPO Size ₹ 75.47 Cr
Offer For Sale -
Fresh Issue ₹ 75.47 Cr

Suba Hotels IPO Lot Size

Application Lots Shares Amount
Retail (Min) 2 2,400 2,52,000
Retail (Max) 2 2,400 2,66,400

Suba Hotels IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB (Ex Anchor) 20.98 12,96,000 2,71,94,400 301.858
NII (HNI) 22.41 9,72,000 2,17,84,800 241.811
bNII (bids above ₹10L) 27.28 6,48,000 1,76,77,200 196.217
 sNII (bids below ₹10L) 12.68 3,24,000 41,07,600 45.594
Retail Investors 9.07 22,72,800 2,06,16,000 228.838
Total** 15.33 45,40,800 6,95,95,200 772.507

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY23 FY24 FY25
Revenue 35.20 53.00 79.98
EBITDA 13.87 8.75 23.27
PAT 2.78 8.96 15.15
Particulars (in Rs. Crores)] FY23 FY24 FY25
Total Assets 85.23 100.07 123.04
Share Capital 4.56 4.56 17.44
Total Borrowings 46.09 45.73 50.23
Particulars (in Rs. Crores FY23 FY24 FY25
Net Cash Generated From / (used in) operating activities 9.78 10.52 3.94
Net Cash Generated From / (used in) investing activities -11.97 -8.48 -4.94
Net Cash Generated From / (used in) financing activities 3.85 -0.86 2.59
Net Increase (Decrease) In Cash And Cash Equivalents 1.65 1.18 1.59


Strengths

1. Leading mid-market hotel chain with differentiated operations
2. Extensive presence in tier 2 and 3 cities
3. Experienced management and promoters
4. Strong operational and distribution network

Weaknesses

1. High dependency on domestic hotel demand
2. Limited presence in premium or international hotel segments
3. Fluctuating cash flows from hotel operations
4. Small number of owned properties relative to total portfolio

Opportunities

1. Rising domestic travel and tourism in India
2. Expansion of pre-opening hotel projects
3. Potential for acquisitions and revamping underperforming hotels
4. Growth in tier 2 and 3 city hospitality markets

Threats

1. Competition from established domestic and international hotel chains
2. Economic downturns are effecting tourism and business travel
3. Regulatory changes in hospitality and real estate
4. Rising operational and renovation costs

1. Strong Brand Presence: Well-established mid-market chain across India
2. Growth Potential: 40 pre-opening hotels add 1,831 rooms
3. Experienced Management: Capable of strategic acquisitions and renovations
4. Diversified Portfolio: Operating owned, managed, revenue share, and franchised hotels
5. Geographic Reach: Presence across 50 cities with significant room inventory

Suba Hotels operates in India’s growing mid-market hotel sector. Rising domestic travel, tier 2 and 3 city tourism, and urbanisation provide strong growth potential. Its diversified portfolio, operational efficiency, and acquisition strategy position it well to benefit from India’s hospitality sector expansion.

Upcoming IPOs

View all IPOs
  • Companies
  • Type
  • Opening On

Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

  • Flat brokerage
  • Dedicated platform for F&O
  • 0 account opening charges
  • Trade on charts
  • MTF facility up to 4X leverage
  • 0%* Commission on Mutual funds
+91
Resend OTP

By proceeding, you agree to all T&C*

footer_form

FAQs

Suba Hotels IPO opens on September 29, 2025, and closes on October 1, 2025.

Total issue size of Suba Hotels IPO is ₹75.47 Cr.

Suba Hotels IPO has a price band of ₹105 to ₹111 per share.

To apply for Suba Hotels IPO, follow the steps given below:

1. Log in to your 5paisa demat account and select the issue in the current IPO section    
2. Enter the number of lots and the price at which you wish to apply for the Suba Hotels IPO.    
3. Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange. 

You will receive a mandate notification to block funds in your UPI app

Suba Hotels IPO requires minimum lot size of 2,400 shares for the investment amount of ₹2,52,000.

Allotment date of Suba Hotels IPO is expected to be on October 3, 2025

Suba Hotels IPO is expected to be listed on October 7, 2025, on NSE SME

Unistone Capital Pvt. Ltd. is the lead manager for the Lead Manager IPO

Suba Hotels shall utilise their IPO proceedings for;

1. Capital expenditure for upgrading of hotel premises ₹ 53.48 Cr

2. General corporate purposes