Friday, March 16, 2018

Lemon Tree Hotels IPO Dates, Price Band, Market Lot Details

   
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Another ipo is in the line up. Lemon Tree Hotels Ltd is geared up for the ipo and the dates will come soon. We can expect the ipo to hit the market in March. Lemon Tree Hotels is a hotel chain company and they are 3rd largest. Lemon Tree Hotels operates 45 hotels and over 4600 rooms with 5000 employees as well. The hotels located in NCR, Bengaluru, Hyderabad and Chennai, as well as tier I and tier II cities such as Pune, Ahmedabad, Chandigarh, Jaipur, Indore and Aurangabad. They have three brands to meet your level like  Lemon Tree Premier for Upper Midscale Segment, Lemon Tree Hotels for Midscale segment and  Red Fox by Lemon Tree Hotels for Economy segment. One can apply with the subscription numbers keep in mind.

Lemon Tree Hotels IPO Review:
  • Risky
Lemon Tree Hotels IPO Dates & Price Band: (Approx)
  • IPO Open: 26-March-2018
  • IPO Close: 28-March-2018
  • IPO Size: Approx Rs.1039 Crore (Approx)
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.54 to 56 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 185,479,400 Shares
Lemon Tree Hotels IPO Market Lot:
  • Shares: Apply for 265 Shares (Minimum Lot Size)
  • Amount: Rs.14,840
Lemon Tree Hotels IPO Allotment & Listing:
  • Basis of Allotment: 4-April-2018
  • Refunds: 5-April-2018
  • Credit to demat accounts: 6-April-2018
  • Listing: 9-April-2018

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Lemon Tree Hotels Financial:
As per the financial results it seems that the company is doing loss for last 5 years while the recent reports of 9 months in 2018 shows profit of 2.9 crore. Company just started to gain the profit but the financial results are not that much attracting. With revenues around 500 crore and company is demanding 1039 crore its a doubled from revenues.

Rs. in Crore

2013 2014 2015 2016 2017
Revenues217.4223.0291.6370.1418.1
Expenses 177.3 198.4 239.7 266.8 295.6
PAT (19.6) (39.4) (63.2) (29.7) (7.1)


Company Promoters:
  • Mr. Patanjali Goving Keswani
  • Spank Management Services Pvt Ltd.
Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus

Lemon Tree Hotels IPO Registrar:
Karvy Computershare Private Limited
Tel: +91 40 6716 2222
Facsimile: +91 40 2343 1551
Email: [email protected]
Investor Grievance e-mail: [email protected]
Website: www.karisma.karvy.com
Contact Person: Mr. M. Muralikrishna
SEBI Registration No.: INR000000221

Lemon Tree Hotels IPO Lead Managers:
  • Kotak Mahindra Capital Company Limited
  • CLSA India Private Limited
  • J.P. Morgan India Private Limited
  • YES Securities (India) Limited
Company Address:
Asset No. 6, Aerocity Hospitality District
New Delhi 110 037
Tel: +91 11 4605 0101
Facsimile: +91 11 4605 0110
Contact Person: Mr. Nikhil Sethi
Tel: +91 11 4605 0122
Facsimile: +91 11 4605 0110
E-mail: [email protected]
Website: www.lemontreehotels.com

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