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Suba Hotels IPO Details

29 September - 01 October 2025 Closed
SME NSE

The Suba Hotels IPO is a book build issue with a total issue size of ₹75.47 cr Suba Hotels IPO opened for subscription on Sep 29, 2025 and closed on Oct 01, 2025. Suba Hotels IPO is set price band at ₹105 to ₹111 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹266,400.00 (at the upper price band) to apply for one lot.

The basis of allotment got finalized on Oct 03, 2025, and listed on the NSE on Oct 07, 2025.

Bigshare Services Pvt Ltd has been appointed as the registrar. Unistone Capital Pvt Ltd are the Book Running Lead Manager for the issue.

Before investing in the Suba Hotels IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.

Price Band
₹ 105 – 111
Lot Size
1200
Issue Size
₹75.47 Cr
Minimum Investment
₹266400 (2400 Shares)
Listing Date
07 October 2025

Current GMP

₹10 (+9.01%)

Open Date 29 September, 2025
Close Date 01 October, 2025
Market Cap -
Industry Hotel, Resort & Restaurants
Sector Hospitality
Subscription 15.4x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

About Suba Hotels Limited

Suba Hotels Limited
Established in October 1997, Suba Hotels Limited is a domestic hotel chain operating in the mid-market hospitality sector.

As of July 2025, the group manages 88 operational hotels with a total inventory of 4,096 keys across 50 cities in India, with a strong presence in tier 2 and tier 3 markets. In addition, 40 hotels are in the pre-opening stage, which will further add 1,831 rooms to its portfolio.

The company operates across multiple segments of the mid-market spectrum, including upscale, upper-midscale, midscale, and economy brands, catering to both domestic and international travelers.

As of July 31, 2025, Suba Hotels’ portfolio comprises:

  • 5 owned hotels with 227 rooms
  • 19 managed hotels with 1,551 rooms
  • 14 revenue-share & lease hotels with 823 rooms
  • 48 franchised hotels with 2,469 rooms

The company’s owned hotels are located in Ahmedabad, Bhuj, Junagadh, and Vadodara in Gujarat, and Pithampur in Madhya Pradesh.

Suba Hotels IPO Promoters

  1. Click Hotels Private Limited 
  2. Mansur Mehta 
  3. Mubeen Mehta 
Promoters Holding

Holding Pre Issue

84.69%

Holding Post Issue

0.00%

Suba Hotels IPO Objective

The Company Suba Hotels IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Funding Capital Expenditure Requirements towards upgradation and last-mile funding of hotel premises
  2. General Corporate Purposes

Address / Contact Info

Suba Hotels Ltd.
Hotel Suba Star, Judges Bungalow Road
Near Akash Tower
Bodakdev
Ahmedabad, Gujarat, 380015
Phone: +91-2266820707
Email: compliance@subahotels.com
Website: https://www.subahotels.com/

IPO Snapshot

Face Value₹10 per share
Price Band₹ 105 – 111
Lot Size1200
Issue TypeBook-building IPO
Sale TypeFresh Capital
Fresh Issue₹ 0.00 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 75.47 Cr
Listing AtNSE
IndustryHotel, Resort & Restaurants
SectorHospitality
QIB Quota28.54%
BNII Quota14.27%
SNII Quota7.14%
Retail Quota50.05%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Suba Hotels IPO is a Book-building IPO with a total issue size of ₹75.47 crore. The Suba Hotels IPO price band is ₹105 to 111 per share. The Suba Hotels IPO subscription opens on Mon, Sep 29, 2025, and closes on Wed, Oct 1, 2025. The Suba Hotels IPO will be listed on the NSE. Bigshare Services Pvt Ltd is the registrar for the Suba Hotels IPO.

The Suba Hotels IPO opens on Mon, Sep 29, 2025 and closes on Wed, Oct 1, 2025

Suba Hotels IPO Price Band is ₹105 to 111 per share.

Suba Hotels IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹266400 based on the upper price band

The minimum investment for Suba Hotels IPO is ₹266400, based on one lot of 1200 shares at the upper price band of ₹111 per share.

Investors can apply for the Suba Hotels IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Oct 1, 2025. The application amount remains blocked until the Suba Hotels IPO allotment is finalized.

Suba Hotels IPO issue size is ₹75.47 crores.

Suba Hotels IPO allotment date is Wed, Jul 1, 2026.

The registrar for Suba Hotels IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Suba Hotels IPO allotment status, refund processing, and other IPO-related information.

The Suba Hotels IPO GMP (Grey Market Premium) is ₹10 as of Tue, Oct 7, 2025. Based on the upper price band of ₹111 per share, the estimated Suba Hotels IPO listing price is ₹121, indicating a potential listing gain of approximately 0% over the issue price.