IPO

Suba Hotels Limited IPO

NSE SME Allotment Out

Offer Date: Sep 29, 2025 - Oct 1, 2025

₹ 266400 /2400 Shares
*Min Investment

Check Allotment

29 Sep, 2025

Open Date

01 Oct, 2025

Close Date

03 Oct, 2025

Allotment Date

07 Oct, 2025

Listing Date
Suba Hotel IPO Live Subscription Details
QIB 20.98x
Retail 9.07x
NII 22.76x
BHNI 27.81x
SHNI 12.68x
Total 15.40x
Last updated: 03 Oct 2025, 04:45 PM
Suba Hotel IPO Issue Details
  • Issue Price ₹105-111 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Size
    • Total Size 67,99,200 shares(aggregating up to ₹75.47 crore)
    • Fresh Share 67,99,200 shares(aggregating up to ₹75.47 crore)
    • Listing at NSE SME
    • Lead Manager Unistone Capital Pvt.Ltd.
    • Registrar Bigshare Services Pvt.Ltd.
Market Lot Size

Investors can bid for a minimum of 2400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)22400₹266400
Retail(max)22400₹266400
SHNI(min) 33600₹399600
SHNI(max) 78400₹932400
BHNI(min) 89600₹1065600
Suba Hotel IPO Reservation

Suba Hotel IPO offers total 6799200 shares. Out of which 1296000 (19.06%) allocated to QIB, 972000 (14.3%) allocated to NII,2272800 (33.43%) allocated to RII, NA (NA%) allocated to employees and 1917600 (28.2%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered1917600 (28.2%)
Market Maker Shares Offered340800 (5.01%)
QIB Shares Offered1296000 (19.06%)
NII (HNI) Shares Offered972000 (14.3%)
bNII < ₹10L648000 (9.48%)
sNII < ₹10L324000 (4.76%)
Retail Shares Offered2272800 (33.43%)
Total Shares Offered6799200 (100%)
Suba Hotel IPO Documents
Suba Hotel IPO Details


Suba Hotels Limited IPO is an SME IPO, priced at ₹105-111 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 67,99,200 equity shares, aggregating up to ₹75.47 crores..

The IPO bidding window is open from Sep 29, 2025 to Oct 1, 2025. The allotment is expected to be finalized on Oct 3, 2025, and the tentative listing date is Oct 7, 2025.

The minimum lot size for retail investors is 2400 shares, with a minimum investment of ₹266400.

Unistone Capital Pvt.Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt.Ltd., and NNM Securities Pvt.Ltd. will act as the market maker for this issue.

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Suba Hotel IPO Subscription Analysis And Details
Retail
9.07x
Total
15.33x
As onQIB / NIIRetailTotal
Shares Offered / Reserved12,96,000 / 9,72,00022,72,80045,40,800
Day 1 29-09-25 06:00 PM
1.17 / 0.92 x0.17 x0.62 x
Day 2 30-09-25 06:00 PM
1.17 / 1.35 x0.36 x0.80 x
Day 3 10-01-25 06:00 PM
20.98 / 22.41 x9.07 x15.33 x

Total No of Applications
11,281
Suba Hotel Valuations
EPS Pre IPO 8.69
EPS Post IPO 6.25
P/E Pre IPO 12.78
P/E Post IPO 17.76
ROE %
ROCE %
Debt/Equity 1.06
RoNW 31.82%
PAT Margin 18.94%
Price to Book Value 4.07
Suba Hotel Company Financials
All values are in ₹ Cr.
31-Mar-2531-Mar-2431-Mar-23
Assets123.04100.0785.23
Revenue79.9853.0035.20
Profit After Tax15.158.962.78
Net Worth47.6132.3323.46
Reserves & Surplus47.6132.3323.46
Total Borrowing50.2345.7346.09
About Suba Hotel Company

Founded in October 1997, Suba Hotels Limited is a local hotel chain in the mid-market segment with 88 hotels operational.

As of July 2025, the group has 88 hotels operational with 4,096 keys spread over 50 cities, majorly located in tier 2 and 3 cities. In addition, 40 hotels are under pre-opening with 1831 rooms to be added to its inventory.The company has its operations in the mid-market hotel segment covering upscale, upper-midscale, midscale and economy brands both domestic and international.

As of July 31, 2025, the company has five owned hotels with 227 rooms, 19 managed hotels with 156,551 rooms, 14 revenue share & lease hotels with 823 rooms, and 48 franchised hotels with 2,469 rooms.The company owns hotels in Ahmedabad, Bhuj, Junagadh, Vadodara (Gujarat) and Pithampur (Madhya Pradesh).

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Suba Hotel - Promoter(s)

Click Hotels Private Limited

Mansur Mehta

Mubeen Mehta

Pre Issue Share Holding : %

Post Issue Share Holding : %

Suba Hotel IPO - Issue Objectives
1

Funding Capital Expenditure Requirements towards upgradation and last-mile funding of hotel premises

2

General Corporate Purposes

Contact Details

Suba Hotel

Hotel Suba Star, Judges Bungalow Road Near Akash Tower Bodakdev Ahmedabad, Gujarat, 380015

+91-2266820707

compliance@subahotels.com

https://www.subahotels.com/

Registrar Contact Details