Suba Hotels IPO Opens On 29 September ...

Suba Hotels IPO to hit NSE Emerge: Tapping into India’s Hospitality Market!

In September 2025, India’s hospitality sector accelerated with a reduction of GST on hotel rooms up to ₹7,500 to 5%. This shift made stays more affordable and is driving domestic tourism, directly benefiting Suba Hotels Limited. With its mid-market positioning and presence in regional hubs, the company is launching an IPO on NSE Emerge to leverage this demand for fund expansion and to strengthen its portfolio.

The registrar for Suba Hotels IPO is Bigshare Services Private Limited, while the lead manager is Unistone Capital Private Limited. View the Suba Hotels IPO allotment status.

For a complete Suba Hotels IPO review, explore the Suba Hotels IPO price, size, date, and more in detail through the DRHP and RHP.

Note: 50% shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

Suba Hotels Private Limited: Company Profile


Particulars

Descriptions

Incorporation

23 October 1997

Promoters

Mansur Mehta, Mubeen Mehta and Click Hotels Pvt. Ltd.

Business

88 Operational Hotels and 40 executed agreements  

Clients

Corporate and Leisure, Online travel agencies (OTA), Free Individual Traveller(FIT)

Brand Names

Suba Hotels, Click Hotels, GenX Hotels, RNB Hotels, Clarion Hotels, Quality Hotels, and Comfort Hotels

Markets

Tier 2 and Tier 3 cities in India

Owned Hotels

5 Hotels consisting 277 rooms

Competitors

Indian Hotels Co. Ltd., ITC Hotels Ltd., EIH Hotels, Chalet Hotels Ltd., and Ventive Hospitality Ltd.


Explore the Suba Hotels IPO Review

To determine whether to invest in the Suba Hotels IPO, investors may consider examining these details, such as the IPO date, price, size, Grey Market Premium (GMP), and other pertinent information.

  • Suba Hotels IPO Date 


Events

Date

Opening

29 September 2025

Closing

1 October 2025

UPI Mandate End

1 October 2025

Allotment

3 October 2025

Refund

6 October 2025

Shares moving to demats

6 October 2025

Listing

7 October 2025


  • Suba Hotels IPO Price and Size


Particulars

Shares

Aggregate Value (₹ Crores)

Fresh Issue 

67,99,200 Equity Shares

75.47 

Offer for Sale

Not Applicable

-

Overall Issue 

67,99,200 Equity Shares

75.47


  • Suba Hotels IPO Objectives


Particulars

Amount (₹ Lakhs)

Capital Expenditure for upgrading and end-stage financing of hotels

5,347.56

General Corporate Purposes

Undisclosed


  • Suba Hotels IPO: Other Takeaways


Particulars

Description

Face value (₹)

10

Price Range (₹)

105-111

Lot size (shares)

1200

Listed At 

NSE EMERGE 


  • Suba Hotels IPO Review: Investors Categorisation


Investor

Allotment

QIBs

Maximum of 50% of Net Issue

NIB

Minimum of 15% of Net Issue

Individual Investors

Minimum of 35% of Net Issue


  • Suba Hotels IPO: Anchor Investor Details


Particulars

Description

Opening Date

26 September 2025

Terms of Payment  

Not permitted to bid through ASBA


Key Financials: Suba Hotels Private Limited 


Particulars

2025

2024

2023

Total Revenue (₹ Lakhs)

7,998.49

5,299.61

3,519.86

EBITDA (₹ Lakhs)

2,327.12 

1,387.18 

874.69

EBITDA Margin (%)

29.09

26.18

24.85

PAT (₹ Lakhs)

1,515.14 

895.87 

278.32

PAT Margin (%)

18.94

16.90

7.91

ROCE (%)

35.55

26.80

22.37

ROE (%)

31.82

27.71

11.86

Net Worth (₹ Lakhs)

4,761.01

3,233.04

2,346.00

Debt to Equity Ratio

1.06

0.55

0.39


Suba Hotels IPO Review: Strengths and Risks

The following elaborates upon the primary strengths and risks associated with the Suba Hotels IPO.

Strengths

  1. Leading Mid-Scale Chain: Suba Hotels Private Ltd. is a leading Indian mid-market hotel chain with 88 hotels in over 50 cities and 40 more planned. Its business operations include owned and third-party hotels.

  2. Strategic Location: The hotels are located strategically near business hubs, SEZs, industrial centres, airports, ports, and railway terminals. Their presence minimises market dependence, balances seasonal revenue, and accelerates brand visibility.

  3. Strong Sales & Partnerships: The hotel group has an established sales network across India, attracting corporate travellers from BFSI, IT or ITES, FMCG, Pharma, and PSUs. Their tie-ups with travel agencies and active participation in fairs elevate market visibility.

  4. Value-Add & Renovation Expertise: The underperforming assets of the hotels are renovated and rebranded, incorporating sustainability and tech upgrades like smart rooms and high-speed internet. This enhances guest experience, increases property value, and is eco-friendly.

Risks

  1. Revenue Concentration: Around 22.08% of total revenue in 2025 is from the owned hotels, and 45.63% of revenue-share or lease hotels. Therefore, negative developments in these properties or regions could significantly affect operations and financial health.

  2. Intense Competition: The hospitality market has intense competition. A failure to differentiate or compete effectively might reduce market share and decline financial performance.

  3. Execution & Capex Risks: The capital expenditure plans from IPO proceeds are not committed yet. This could lead to delays in projects, increased expenses, and an impact on overall profitability.

  4. Debt & Interest Exposure: The current debts require significant cash flows. The terms of these debts and changes in interest rates could reduce flexibility to run the business and might slow down growth.

Does Your Portfolio Need The Suba Hotels IPO?

On 25 September 2025, the Suba Hotels IPO GMP stood at 0. However, the GMP might change soon. Stay updated with the latest GMP. Don’t forget to check out the detailed analysis, along with their RHP and DRHP, to understand the Suba Hotels IPO size, date, financials, etc.


Stay tuned with the live subscription status before hitting APPLY.

FAQs

  1. What is the Suba Hotels IPO date?

The Suba Hotels IPO opens on 29 September 2025 and ends on 1 October 2025. Check out the live subscription data in real time.

  1. What is the Suba Hotels IPO price?

The total issue is ₹75.47 Crores for the Suba Hotels IPO. The issue price range is between ₹105 and ₹111 per share. Also, don't forget to check the Suba Hotels IPO live subscription status before applying.

  1. Do I need a demat account to bid for the Suba Hotels IPO?

Yes, a demat account is required to bid for the Suba Hotels IPO. Click here to get the ultimate list of the top demat account providers.

  1. What is the Suba Hotels IPO GMP?

Currently, the Suba Hotels IPO GMP is 0. However, it might change soon. Check the latest
GMP status.
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