Suba Hotels IPO Details
| Detail | Description |
|---|---|
| IPO Date | September 29, 2025 to October 1, 2025 |
| Listing Date | [.] |
| Face Value | ₹ 10 per share |
| Issue Price Band | ₹ 105 to ₹ 111 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 67,99,200 shares (aggregating up to ₹ 75.47 Cr) |
| Reserved for Market Maker | 3,40,800 shares (aggregating up to ₹ 3.78 Cr) NNM Securities Pvt.Ltd. |
| Net Offered to Public | 64,58,400 shares (aggregating up to ₹ 71.69 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,74,43,316 shares |
| Share Holding Post Issue | 2,42,42,516 shares |
About Suba Hotels IPO
Suba Hotels IPO is a book-built issue worth ₹75.47 crore. The IPO is entirely a fresh issue of 0.68 crore shares. The price band is fixed at ₹105 to ₹111 per share, with a lot size of 1,200 shares. The minimum investment required for retail investors is ₹2,66,400 (2,400 shares). The IPO opens on September 29, 2025, and closes on October 1, 2025. Shares will be listed on the NSE SME platform with a tentative listing date of October 7, 2025.
Company Background
Suba Hotels, established in October 1997 and headquartered in Ahmedabad, is a fast-growing domestic hotel chain. As of July 2025, the company managed 88 operational hotels with 4,096 rooms across more than 50 cities in India. Suba Hotels has a strong pipeline of future projects, with 40 hotels in pre-opening phases. By 2025, its presence extended to over 129 hotels across 72+ cities. The company emphasizes reliability, quality service, and long-term client relationships, while focusing on strengthening its infrastructure and expanding operations nationwide.
Conclusion
The Suba Hotels IPO provides investors an opportunity to own a stake in a well-established and expanding hospitality brand. With consistent revenue growth, a reliable reputation, and plans to add 40+ new hotels, Suba Hotels is poised for long-term expansion. The IPO appeals to investors looking for exposure in India’s growing hospitality and tourism sector, backed by strong client trust and a proven track record of service excellence.
Suba Hotels IPO Financial Information
Latest Revenue
79.98
₹ Crore
Profit After Tax
15.15
₹ Crore
Net Worth
47.61
₹ Crore
Total Borrowing
50.23
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 123.04 | 79.98 | 15.15 | 47.61 | 50.23 | ||||
| 31 Mar 2024 | 100.07 | 53.00 | 8.96 | 32.33 | 45.73 | ||||
| 31 Mar 2023 | 85.23 | 35.20 | 2.78 | 23.46 | 46.09 | ||||
| Amount in ₹ Crore | |||||||||
Suba Hotels Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 31.82% |
| ROCE | 35.55% |
| Debt/Equity | 1.06 |
| RoNW | 31.82% |
| PAT Margin | 18.94% |
| EBITDA Margin | 29.09% |
| Price to Book Value | 4.07 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 8.69 | 6.25 |
| P/E (x) | 12.78 | 17.76 |
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Competitive Strengths
Strong market presence in the mid-market segment of domestic hotel chains & growth with a 51% revenue increase.
Wide geographical coverage in the hospitality sector. That not only widens the range of clients but also increases the sales structure.
Download regulatory filings
Suba Hotels IPO Timeline
| IPO Open Date | Mon, Sep 29, 2025 |
| IPO Close Date | Wed, Oct 1, 2025 |
| Tentative Allotment | Fri, Oct 3, 2025 |
| Initiation of Refunds | Mon, Oct 6, 2025 |
| Credit of Shares to Demat | Mon, Oct 6, 2025 |
| Tentative Listing Date | Tue, Oct 7, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Oct 1, 2025 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,66,400 |
| Individual investors (Retail) (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 |


