Free Trading + Demat Account

Lemon Tree Hotels Limited IPO (Lemon Tree Hotels IPO) Detail

Mar 26, 2018 - Mar 28, 2018

Incorporated in 1992, Delhi based Lemon Tree Hotels is India's largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms, as of 30 June 2017.

The company operates in the mid-priced hotel sector and its hotels are located across India, in metro regions, including the NCR, Bengaluru, Hyderabad and Chennai, as well as tier I and tier II cities such as Pune, Ahmedabad, Chandigarh, Jaipur, Indore and Aurangabad.

As of 31 January 2018, it operated 4,697 rooms in 45 hotels (including managed hotels) across 28 cities in India. The company has created three brands in order to address these three hotel segments:
1. 'Lemon Tree Premier' which is targeted primarily at the upper-midscale hotel segment catering to business and leisure
guests who seek to use hotels at strategic locations and are willing to pay for premium service and hotel properties;
2. 'Lemon Tree Hotels' which is targeted primarily at the midscale hotel segment catering to business and leisure guests
and offers a comfortable, cost-effective and convenient experience; and
3. 'Red Fox by Lemon Tree Hotels' which is targeted primarily at the economy hotel segment.

As of July 31, 2017, the company have a portfolio of 19 owned hotels, three owned hotels located on leased or licensed land, five leased hotels and 13 managed hotels. It also has project design, management and development capabilities through its Subsidiary, Grey Fox Project Management Company Private Limited ("Grey Fox").

Lemon Tree employed 3,070 personnel as of July 31, 2017 across its owned and leased or licensed properties

Company Promoters:

The Promoters of the Company are Mr. Patanjali Govind Keswani and SMSPL. The Promoters hold, in the aggregate, 184,784,311 Equity Shares which constitutes 23.49% of the Company's pre-Offer paid-up Equity Share capital.

SMSPL was incorporated on November 5, 2004 and is primarily engaged in the business of designing, managing, supervising and executing hotel projects. Mr. Patanjali Govind Keswani is the natural person in control of SMSPL.

Company Financials:

Summary of financial Information ( Restated Standalone)
Particulars For the year/period ended (in Rs. Million)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 13,602.13 13,112.89 12,965.17 12,937.17 12,156.79
Total Revenue 2,237.65 1,945.47 2,242.02 1,947.84 1,453.82
Profit After Tax 53.52 (-163.36) (-10.40) 142.82 (-203.44)

Objects of the Issue:

The objects of the Offer are to-
1. Achieve the benefits of listing the Equity Shares on the Stock Exchanges
2. Sale of up to 195,797,000 Equity Shares by the Selling Shareholders.

Issue Detail:

  »»  Issue Open: Mar 26, 2018 - Mar 28, 2018
  »»  Issue Type: Book Built Issue IPO
  »»  Issue Size: 185,479,400 Equity Shares of Rs 10 aggregating up to Rs 1,038.68 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 54 - Rs 56 Per Equity Share
  »»  Market Lot: 265 Shares
  »»  Minimum Order Quantity: 265 Shares
  »»  Listing At: BSE, NSE

Lemon Tree Hotels IPO Reviews / Recommendations:

Dilip Davda - Other
Capital Market Review
Hem Securities: Avoid
Choice Broking: Subscribe with caution
ICICIdirect: Avoid

 

Lemon Tree Hotels IPO Subscription Status / Live Bidding Status

Lemon Tree Hotels IPO Subscription Status tells if Lemon Tree Hotels IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. Lemon Tree Hotels IPO oversubscribed if bids are received for more shares than what is offered by the company.

Lemon Tree Hotels IPO - How Many Times Subscribed?
Number of Times Subscribed (BSE + NSE)
As on Date & TimeQIBNIIRIITotal
Shares Offered / Reserved37,095,88027,821,91064,917,790129,835,580
Day 1 - Mar 26, 2018 17:00 IST0.82000.03400.02300.2480
Day 2 - Mar 27, 2018 17:00 IST1.42800.05200.04000.4400
Day 3 - Mar 28, 2018 17:00 IST3.88100.11900.11701.1910

Lemon Tree Hotels IPO Prospectus

Lemon Tree Hotels IPO Rating

348
3.0
Rating:Rated 3.0 stars

Vote Here ...

Lemon Tree Hotels IPO Listing Date

  •   ›  Listing Date: Monday, April 9, 2018
  •   ›  BSE Script Code: 541233
  •   ›  NSE Symbol: LEMONTREE
  •   ›  Listing In: B
  •   ›  ISIN: INE970X01018
  •   ›  Issue Price: Rs 56 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:
BSE
Rs 56.00
Rs 61.60
Rs 57.30
Rs 73.90
Rs 71.60
8,800,931
NSE
Rs 56.00
Rs 61.60
Rs 57.25
Rs 73.90
Rs 71.65
67,619,635

Lemon Tree Hotels IPO News Alerts

  1. Monday, April 9, 2018 12:00:00 AM
    Lemon Tree Hotels IPO Listing Date & Info
  2. Monday, April 9, 2018 12:00:00 AM
    Lemon Tree Hotels IPO Allotment Status
  3. Wednesday, March 28, 2018 12:00:00 AM
    Lemon Tree Hotels IPO Closes on Mar 28, 2018
  4. Monday, March 26, 2018 12:00:00 AM
    Lemon Tree Hotels IPO Opens on Mar 26, 2018

Company Contact Information

Lemon Tree Hotels Limited
Asset No. 6, Aerocity Hospitality District,
New Delhi- 110 037

Phone: +91 11 4605 0101
Fax: +91 11 4605 0110
Email: sectdeptt@lemontreehotels.com
Website: http://

Lemon Tree Hotels IPO Registrar

Karvy Computershare Private Limited   »  Report
   Karvy House, 46, Avenue 4, Street No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Fax: +91-40-23311968
Email: lemontree.ipo@karvy.com
Website: http://karisma.karvy.com

Guaranteed Save 60% to 90% Brokerage + Taxes

Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

@

Lemon Tree Hotels IPO Review / Comments

avatar
183. Pokemongo  Apr 25, 2018 6:40:37 PM IST I Like It. 2 | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
If you had applied to all issues in March for only 1 lot.. today you will have 20 k profit in one month -

issue CMP Issue Price 1 Lot      Profit Loss
lemon      81      56      265      6625
isec       420      520      28      -2800
misra      154      90      150      9600
sandhar      380      332      45      2160
karda      190      180      80      800
bandhan      490      375      40      4600
HAL      1125      1240      12      -1380
                        
overall profit                  19605
avatar
182. AnkurGoel  Apr 23, 2018 6:07:51 PM IST I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Nazara technologies approved by sebi .
avatar
182.5. AnkurGoel  Apr 24, 2018 3:53:30 PM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
avatar
182.6. Sathishkumar Ravi  Apr 24, 2018 11:29:12 PM IST I Like It. 1 | Report Abuse
Hi ....Any idea on Issue price of Nazara Technologies.?
avatar
181. Pokemongo  Apr 23, 2018 7:12:31 PM IST I Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
missed big time in the March IPOs.. een if all had subscribed to the ipos there would have been minimal loss and it would have been covered by mishra and lemon..
avatar
181.1. AAM AADMI  Apr 24, 2018 10:07:10 PM IST I Like It. | Report Abuse
good analysis.... could you please post your calculation ! that will help alot to us.
avatar
180. Pokemongo  Apr 23, 2018 7:11:12 PM IST I Like It. | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
"IPOs will attract a lot of interest in the near future following last-year's trend. Most IPOs in FY18 had attractive pricing and barring a few most were successful. Currently, there is enough liquidity in the market and from a short and medium-term perspective, good IPOs do well in the current scenario," said Gaurang Shah, head investment strategist at Geojit Financial Services.

According to him, consumption, technology and auto ancillary- driven IPOs will be the top picks for FY19.
avatar
179. K Arun  Apr 23, 2018 4:55:09 PM IST I Like It. | Report Abuse Reply
any up coming IPOs
avatar
178. Ipo tracker  Apr 23, 2018 4:30:08 PM IST I Like It. 1 | Report Abuse Reply
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
The initial public offering (IPO) market is gearing up for a burst of activity, with at least 12 companies planning to raise more than Rs17,000 crore over the next two months, after a quiet start to the June quarter.
Experts attributed the introduction of the new Indian accounting standards (IndAS) as one of the reasons why IPO-bound companies have not approached the market so far this quarter.
"Companies now have to move to the IndAS from the Indian GAAP (generally accepted accounting principles). So, for the fresh numbers that companies will put in the documents, they have to be audited under the IndAS and also the past stated numbers have to be stated according to the IndAS," said Girish Nadkarni, managing director at Motilal Oswal Investment Advisors Pvt. Ltd. "That is taking some time which is why you are seeing less activity post-March."
avatar
177. Gargism  Apr 23, 2018 3:32:59 PM IST I Like It. | Report Abuse Reply
Guys, Lemon tree hotels ~84 😯
avatar
176. Cool Sunshine  Apr 10, 2018 2:10:07 PM IST I Like It. 6 | Report Abuse Reply
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

-- Warren Buffett
avatar
176.1. ipo share  Apr 17, 2018 6:31:14 PM IST I Like It. 1 | Report Abuse
Merchant bankers of IPOs are bent upon denying small investors a fair price.
Not sure if they will learn from tepid response to recent IPOs and fix fair price.
I am very happy with the treatment given by retail investors to highly priced IPOs.
Remain united and we will succeed.
avatar
175. Mu  Apr 22, 2018 12:24:44 PM IST I Like It. | Report Abuse Reply
Any upcoming good ipo s
avatar
174. Solution of Queries  Apr 22, 2018 11:06:30 AM IST I Like It. 2 | Report Abuse Reply
IPO Guru IPO Guru (1000+ Posts, 1300+ Likes)
PNB MetLife Insurance to file for IPO by August !!

PNB MetLife Insurance is going ahead with its IPO plans, which were delayed on account of parent Punjab National Bank being hit by the Nirav Modi scam, and is likely to file its offer document in the first quarter. The company may be valued at over Rs 8,000 crore and promoters are looking to realise close to Rs 2,000 crore from the sale of shares.



avatar
173. Vasant garg  Apr 21, 2018 7:57:56 PM IST I Like It. | Report Abuse Reply
No trap dear when Riis were not willing to buy it @ 56/- then why they should buy @ 100 or so moreover mgmt didn't get a single penny from OFS It Was WARBERG who got the moneythe point to be noted qibs have LOCkIN they can't sell it further. More when it get UNLOCKED who will buy their stake. U or me definately not then what will happen GOD knows the only data available with us is that by June 2021 it will be the largest. Mid deg hotel chain of India with OWN & LEASED @ 9000 rooms across India HAPPY INVESTING
avatar
172. suheelan  Apr 21, 2018 6:59:01 PM IST I Like It. | Report Abuse Reply
Ever since Lemon Tree was listed on stock exchanges , the company has been releasing one positive news or the other or feeding the market with news that propel the stock price. This drives the retail investors make a beeline at the counter to buy the shares . and in turn that will offer an exit route to QIBs who had subscribed shares fully and received under subscribed portion of HNIs and retail investors in the recently concluded IPO. is it a trap for retail investors ?
avatar
171. Vasant garg  Apr 21, 2018 2:55:53 PM IST I Like It. 1 | Report Abuse Reply
Fundamentals do not apply. Technicals do not apply. ONLY apply arithmetic & Ur mind plz look the distribution of OFS I will notice that there is no stopping till 4th may 2018 Rate will be I don't know do Ur own homework also plz note that only 50 percent have been offered by Q IB in the recent OFS IF really want to earn money in the STK mkt than plz don't watch any hindi business news channel the maximum return given by recent ipos/OFS were downgraded by these channels plz give sometime to DATA reading
avatar
171.1. MANU AGGARWAL  Apr 21, 2018 4:23:28 PM IST I Like It. | Report Abuse
VERY VERY TRUE....GR8 JOB..............
avatar
170. Solution of Queries  Apr 20, 2018 1:49:47 PM IST I Like It. 2 | Report Abuse Reply
IPO Guru IPO Guru (1000+ Posts, 1300+ Likes)
TCS nears scripting history of India's first company with $100 billion market capitalisation.

The share price of TCS needs to hit the Rs. 3448 level , in order to hit a market capitalisation $100 billion. This is roughly 2.5 times bigger than its nearest competitor Infosys, whose market stood at $38 billion at the time of writing this report.
avatar
169. hassal  Apr 19, 2018 6:17:48 PM IST I Like It. | Report Abuse Reply
I want to invest in Mutual Funds.
Can anyone suggest which funds are good?
Is TATA Mutual Fund and KOTAK Mutual Fund good?
Also can you please suggest the scheme names?
avatar
169.1. AnkurGoel  Apr 19, 2018 8:37:46 PM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Start with hdfc top 200 direct fund or dsp black rock mid cap direct fund.
avatar
169.2. Dhan Ki Baat  Apr 19, 2018 9:46:02 PM IST I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
All funds are good except for LIC and UTI. Invest in any Multicap Fund (Direct Plan Growth)
avatar
168. AMIT JALENDRA RAJPUT  Apr 18, 2018 4:32:03 PM IST I Like It. | Report Abuse Reply
What I do for lamon tree stock . Should I sell out or wait and watch.please inform
avatar
168.1. JSP  Apr 19, 2018 2:03:02 PM IST I Like It. 1 | Report Abuse
I suggest you to HOLD till December or atleast till June END.
avatar
167. JohnB  Apr 18, 2018 8:16:05 AM IST I Like It. | Report Abuse Reply
Finally Anil shinghvi joined Zee Business
avatar
166. RAJAKUMAR  Apr 17, 2018 11:21:26 AM IST I Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Capricorn issue price may be Rs.220 to 250. Indo solar capital issue price may be Rs.700 range.
avatar
165. AnkurGoel  Apr 17, 2018 10:40:44 AM IST I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Capricorn Food Products India Limited IPO is approved by Sebi.
avatar
164. AnkurGoel  Apr 16, 2018 4:50:37 PM IST I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Anybody dealing in international IPO market? If yes, can he tell me how to deal in international IPO market.
avatar
164.1. DownriteVJ  Apr 17, 2018 10:28:51 AM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (700+ Posts, 500+ Likes)
I would also be interested in knowing. Let us know if someone does.
  • Special Offers
    by Popular Stock Brokers
  • Sharekhan
    Get Free Trading + Demat Account (Rs 1150 waived on account opening) for limited time. Get the offer.
  • Motilal Oswal
    Get Free Trading + Demat Account (Rs 500 waived on account opening) for limited time. Get the offer.
  • Religare
    Get Free Trading + Demat Account for limited time. Get the offer.
  • Angel Broking
    Get free lifetime AMC on Demat & Trading account with Angel when you pay Rs 1500 (payable in 2nd year). Get the offer.
  • India Infoline (IIFL)
    Open a FREE Demat & Trading Account + Get Rs 2000 Brokerage Credit. Get the offer.
  • Zerodha
    Free equity delivery trading (truly no brokerage), flat ₹20 intraday and F&O trade brokerage. Get all your brokerage refunded if are profitable at the end of 60 trading days. Get the offer.
  • ProStocks
    Get Free Trading + Demat Account for limited time. Get the offer.
  • Ventura
    Zero account opening fees for limited time. Get the offer.
  • RKSV
    Rs 2000 Brokerage credit (when you switch from another broker) for limited time. Get the offer.
  • 5paisa
    Get 5 free trades on new account opening + Maintain a margin of Rs 25000 and get full refund of your account opening and DP AMC. Get the offer.
  • Beeline
    Open a Lifetime free AMC Demat Account at just ₹176 + 15 days trading free. Use coupon code CHT176 for this special offer.
  • Fyers
    Get Free Trading for limited time. Get the offer.


More About Brokers

Special Offers Broker Reports

Message Board

Stock Message Board


Search Chittorgarh.com:

Translate Chittorgarh.com: