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 Opening Date	Mar 26, 2018
IPO Closing Date	Mar 28, 2018
Issue Type	Book Built Issue IPO
Face Value	₹10 per equity share
IPO Price	₹54 to ₹56 per equity share
Market Lot	265 Shares
Min Order Quantity	265 Shares
Listing At	BSE, NSE
Issue Size	185,479,400 Eq Shares of ₹10 (aggregating up to ₹1,038.68 Cr)

Lemon Tree Hotels IPO Tentative Timetable

The Lemon Tree Hotels IPO open date is Mar 26, 2018, and the close date is Mar 28, 2018. The issue may list on Apr 9, 2018.

IPO Open Date	Mar 26, 2018
IPO Close Date	Mar 28, 2018
Basis of Allotment Date	Apr 4, 2018
Initiation of Refunds	Apr 5, 2018
Credit of Shares to Demat Account	Apr 6, 2018
IPO Listing Date	Apr 9, 2018

Lemon Tree Hotels IPO Lot Size

The Lemon Tree Hotels IPO market lot size is 265 shares. A retail-individual investor can apply for up to 13 lots (3445 shares or ₹192,920).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	265	₹14,840
Maximum	13	3445	₹192,920

Lemon Tree Hotels IPO Subscription Status (Bidding Detail)

The Lemon Tree Hotels IPO is subscribed 1.19x times on Mar 28, 2018 17:00. The public issue subscribed 0.12x in the retail category, 3.88x in the QIB category, and 0.12x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
QIB	3.88x
NII	0.12x
RII	0.12x
Total	1.19x

Lemon Tree Hotels IPO Prospectus

› Lemon Tree Hotels IPO DRHP
› Lemon Tree Hotels IPO RHP

Lemon Tree Hotels IPO Rating

348

3.0

Rating:

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
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

Dilip Davda - Other
Hem Securities - Avoid
ICICI Direct - Avoid
Rudra Shares & Stock Brokers Ltd - Avoid
Choice Equity Broking Pvt Ltd - Subscribe

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:

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 Lead Manager(s)

Lead Manager Reports

Lemon Tree Hotels IPO FAQs

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.
When Lemon Tree Hotels IPO will open?

The Lemon Tree Hotels IPO opens on Mar 26, 2018 and closes on Mar 28, 2018.
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.
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.
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.
When is Lemon Tree Hotels IPO listing date?

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

Lemon Tree Hotels IPO Message Board

Ranked Members

190. JCG |May 22, 2018 13:27

link send karo

189. AnkurGoel |Apr 27, 2018 12:35

Lodha developers files DRHP with Sebi. Plans to raise 5K crore

Load more comments (1 replies)

189.2. Atul Kumar |Apr 28, 2018 11:34

Lodha needs shareholders money while his property is not selling.be cautious

189.3. ???????????????????? Helios Online ???????????????????? |May 6, 2018 01:18

In fact lodha's realisations per sqft has increased... Check out current news.

188. sonal patel |Apr 27, 2018 22:01

IPO Mentor (700+ Posts, 3300+ 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

187. AnkurGoel |Apr 27, 2018 17:01

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.

186. Pokemongo |Apr 25, 2018 19:40

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

Load more comments (2 replies)

186.3. SekharG |Apr 26, 2018 19:03

But catch is , your allocation sure for junk issues and allocation is very unlikely in Good issues.
So don't apply all issues,

186.4. Pokemongo |Apr 27, 2018 16:52

Top Contributor (300+ Posts, 300+ Likes)

in march if you had applied.. you would have got all allotment .. most of them

185. KISHAN A PATEL |Apr 26, 2018 13:49

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

Load more comments (1 replies)

185.2. Hemant barjatya |Apr 27, 2018 11:53

exit and book ur loss.move to any good stock.

185.3. Sdpp |Apr 27, 2018 15:01

Emergency Exit Pc jvelers

184. benard butty |Apr 26, 2018 22:36

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183. Darpan Bilandi |Apr 26, 2018 21:53

INDOSTAR CAPITAL FINANCE LTD.
Date: 09-05-2018 to 11-05-2018 Size : Around. 2000 Crores

182. AnkurGoel |Apr 23, 2018 19:07

Nazara technologies approved by sebi .

Load more comments (4 replies)

182.5. AnkurGoel |Apr 24, 2018 16:53

https://www.sebi.gov.in/filings/processing-status/apr-2018/processing-status-issues_36379.html

182.6. Sathishkumar Ravi |Apr 25, 2018 00:29

Hi ....Any idea on Issue price of Nazara Technologies.?

181. Pokemongo |Apr 23, 2018 20:12

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..

181.1. AAM AADMI |Apr 24, 2018 23:07

good analysis.... could you please post your calculation ! that will help alot to us.

180. Pokemongo |Apr 23, 2018 20:11

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.

179. K Arun |Apr 23, 2018 17:55

any up coming IPOs

178. Ipo tracker |Apr 23, 2018 17:30

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."

177. Gargism |Apr 23, 2018 16:32

Guys, Lemon tree hotels ~84 ????

176. Mu |Apr 22, 2018 13:24

Any upcoming good ipo s

175. Solution of Queries |Apr 22, 2018 12:06

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.

174. Vasant garg |Apr 21, 2018 20:57

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

173. suheelan |Apr 21, 2018 19:59

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 ?

172. Vasant garg |Apr 21, 2018 15:55

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

172.1. MANU AGGARWAL |Apr 21, 2018 17:23

VERY VERY TRUE....GR8 JOB..............

171. Solution of Queries |Apr 20, 2018 14:49

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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