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.

Lemon Tree Hotels IPO Details

IPO DateMar 26, 2018 - Mar 28, 2018
Issue TypeBook Built Issue IPO
Issue Size185,479,400 Eq Shares of ₹10
(aggregating up to ₹1,038.68 Cr)
Face Value₹10 per equity share
IPO Price₹54 to ₹56 per equity share
Market Lot265 Shares
Min Order Quantity265 Shares
Listing AtBSE, NSE

Lemon Tree Hotels IPO Tentative Date / Timetable

Bid/Offer Opens OnMar 26, 2018
Bid/Offer Closes OnMar 28, 2018
Finalisation of Basis of AllotmentApr 4, 2018
Initiation of RefundsApr 5, 2018
Credit of Shares to Demat AcctApr 6, 2018
IPO Shares Listing DateApr 9, 2018

Lemon Tree Hotels IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum1265₹14,840
Maximum133445₹192,920

Lemon Tree Hotels IPO Subscription Status (Bidding Detail)

Lemon Tree Hotels IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Total

Shares Offered

37,095,880

27,821,910

64,917,790

129,835,580

Mar 28, 2018 17:00

3.88x

0.12x

0.12x

1.19x

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 DateMonday, April 9, 2018
BSE Script Code541233
NSE SymbolLEMONTREE
Listing InB
ISININE970X01018
IPO Price₹56 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

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

Lemon Tree Hotels IPO Reviews / Ratings

Company Contact Information

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


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

Lemon Tree Hotels IPO Registrar

KFintech Private Limited
   Selenium Building, Tower-B, Plot No 31 & 32,
   Financial District,Nanakramguda, Serilingampally,
   Rangareddi, Telangana India - 500 032.

Phone: 1-800-3454001
Email: lemontree.ipo@karvy.com
Website: https://karisma.kfintech.com/

Lemon Tree Hotels IPO FAQs

  1. What is Lemon Tree Hotels IPO?

    Lemon Tree Hotels IPO is a main-board IPO of 185,479,400 equity shares of the face value of ₹10 aggregating up to ₹1,038.68 Crores. The issue is priced at ₹54 to ₹56 per equity share. The minimum order quantity is 265 Shares.

    The IPO opens on Mar 26, 2018, and closes on Mar 28, 2018.

    KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. When Lemon Tree Hotels IPO will open?

    The Lemon Tree Hotels IPO opens on Mar 26, 2018 and closes on Mar 28, 2018.

  3. What is the lot size of Lemon Tree Hotels IPO?

    Lemon Tree Hotels IPO lot size is 265 Shares and the minimum order quantity is 265 Shares.

  4. How to apply for Lemon Tree Hotels IPO?

    You can apply in Lemon Tree Hotels IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Lemon Tree Hotels IPO allotment?

    The finalization of Basis of Allotment for Lemon Tree Hotels IPO will be done on Apr 4, 2018, and the allotted shares will be credited to your demat account by Apr 6, 2018. Check the Lemon Tree Hotels IPO allotment status.

  6. When is Lemon Tree Hotels IPO listing date?

    The Lemon Tree Hotels IPO listing date is on Monday, April 9, 2018.

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Lemon Tree Hotels IPO Review / Comments

JCG
190. JCG  May 22, 2018 12:27
link send karo
AnkurGoel
189. AnkurGoel  Apr 27, 2018 11:35
Lodha developers files DRHP with Sebi. Plans to raise 5K crore
Atul Kumar
189.2. Atul Kumar  Apr 28, 2018 10:34
Lodha needs shareholders money while his property is not selling.be cautious
🏦🇮🇳🇮🇳 Helios Online 🇮🇳🇮🇳🏦
In fact lodha's realisations per sqft has increased... Check out current news.
sonal patel
188. sonal patel  Apr 27, 2018 21:01
IPO Mentor IPO Mentor (600+ Posts, 2800+ Likes)
IndoStar IPO - Schedule (Pg #377 of RHP)
02nd May - Price Band to be Announced
08th May - Anchor List
09th May - Offer Opens
11th May - Offer Closes
16th May - Finalisation of Basis of Allotment
17th May - Unblocking of ASBA
18th May - Credit to Demat Accounts
21st May - Listing on NSE & BSE
IndoStar IPO - Issue Information *
(TENTATIVE)*
Issue Opens on: 09 May 2018
Issue Closes on: 11 May 2018
Issue Type: Book Built Issue IPO
Issue Size: 3,07,69,231 Equity Shares
Face Value: Rs 10 per Equity Share
Issue Price: Rs.640 - Rs.650 per Equity
Share
Market Lot: 23 shares
Listing At: NSE, BSE
AnkurGoel
187. AnkurGoel  Apr 27, 2018 16:01
IndoStar Capital Finance's initial public offering will open for subscription on 9 May.

The non-banking financial company is expected to raise around Rs2,000 crore through the IPO. The IPO comprises sale of new shares worth Rs700 crore and a sale of 20 million shares by existing shareholders. IndoStar plans to use the proceeds of the IPO to augment its capital base.

"Our company proposes to utilize the net proceeds from the fresh issue towards augmenting its capital base to meet future capital requirements," the company said in its IPO document.

Investment banks JM Financial, Kotak Mahindra Capital Co., Morgan Stanley India Co., Motilal Oswal Investment Advisors and Nomura Financial Advisory and Securities (India) Pvt. Ltd are managing the share sale.

IndoStar provides structured term financing solutions to corporates and loans to small and medium enterprises. It recently started offering vehicle and housing finance products

IndoStar Capital was started in 2011 by private equity investors Everstone Capital, Beacon India Fund, ACPI Investment Managers and CIDB Capital.
Pokemongo
186. Pokemongo  Apr 25, 2018 18:40
Top Contributor Top Contributor (300+ Posts, 300+ 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
SekharG
186.3. SekharG  Apr 26, 2018 18:03
But catch is , your allocation sure for junk issues and allocation is very unlikely in Good issues.
So don't apply all issues,
Pokemongo
186.4. Pokemongo  Apr 27, 2018 15:52
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
in march if you had applied.. you would have got all allotment .. most of them
KISHAN A PATEL
185. KISHAN A PATEL  Apr 26, 2018 12:49
HELLO EVERYONE
I am new in share market. Please suggest what can i do in PC Jeweller.
My purchase Price is Rs.313.00 each and number of share are 500
Hemant barjatya
185.2. Hemant barjatya  Apr 27, 2018 10:53
exit and book ur loss.move to any good stock.
Sdpp
185.3. Sdpp  Apr 27, 2018 14:01
Emergency Exit Pc jvelers
benard butty
184. benard butty  Apr 26, 2018 21:36



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Darpan Bilandi
183. Darpan Bilandi  Apr 26, 2018 20:53
INDOSTAR CAPITAL FINANCE LTD.
Date: 09-05-2018 to 11-05-2018 Size : Around. 2000 Crores
AnkurGoel
182. AnkurGoel  Apr 23, 2018 18:07
Nazara technologies approved by sebi .
Sathishkumar Ravi
182.6. Sathishkumar Ravi  Apr 24, 2018 23:29
Hi ....Any idea on Issue price of Nazara Technologies.?
Pokemongo
181. Pokemongo  Apr 23, 2018 19:12
Top Contributor Top Contributor (300+ Posts, 300+ 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..
AAM AADMI
181.1. AAM AADMI  Apr 24, 2018 22:07
good analysis.... could you please post your calculation ! that will help alot to us.
Pokemongo
180. Pokemongo  Apr 23, 2018 19:11
Top Contributor Top Contributor (300+ Posts, 300+ 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.
K Arun
179. K Arun  Apr 23, 2018 16:55
any up coming IPOs
Ipo tracker
178. Ipo tracker  Apr 23, 2018 16:30
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."
Gargism
177. Gargism  Apr 23, 2018 15:32
Guys, Lemon tree hotels ~84 😯
Mu
176. Mu  Apr 22, 2018 12:24
Any upcoming good ipo s
Solution of Queries
175. Solution of Queries  Apr 22, 2018 11:06
IPO Guru IPO Guru (1100+ Posts, 1400+ 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.



Vasant garg
174. Vasant garg  Apr 21, 2018 19:57
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
suheelan
173. suheelan  Apr 21, 2018 18:59
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 ?
Vasant garg
172. Vasant garg  Apr 21, 2018 14:55
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
MANU AGGARWAL
172.1. MANU AGGARWAL  Apr 21, 2018 16:23
VERY VERY TRUE....GR8 JOB..............
Solution of Queries
171. Solution of Queries  Apr 20, 2018 13:49
IPO Guru IPO Guru (1100+ Posts, 1400+ 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.







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