Lemon Tree Hotels Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offering of 185,479,400 equity shares* of face value of Rs. 10 each (the "equity shares") of Lemon Tree Hotels Limited (the "company" or the "company" or the "issuer") for cash at a price of Rs. 56 per equity share (the "offer price") aggregating Rs. 1038.68 Crores* (the "offer") through an offer for sale of 94,500,053 equity shares aggregating to Rs. 529.20 Crores by Maplewood Investment Ltd ("Maplewood"), 25,320,584 equity shares aggregating to Rs. 141.79 Crores by RJ Corp Limited ("rj corp"), 13,999,416 equity shares aggregating to Rs. 78.40 Crores by Ravi Kant Jaipuria and sons (huf) ("rkj huf"), 6,986,180 equity shares aggregating to Rs. 39.12 Crores by Whispering Resorts Private Limited ("whispering resorts"), 883,440 equity shares aggregating to Rs. 4.95 Crores by swift Builders Limited ("swift builders"), 23,649,816 equity shares aggregating to Rs. 132.44 Crores by Five Star Hospitality Investment Limited ("five star"), 19,159,911 equity shares aggregating to Rs. 107.30 Crores by Palms international Investments Limited ("palms international"), 480,000 equity shares aggregating to Rs. 2.69 Crores by Mr. Satish Chander Kohli and 500,000 equity shares aggregating to Rs. 2.80 Crores by Mr. Raj Pal Gandhi (together, the "selling shareholders" and such offer, the "offer for sale") The offer constitutes 23.59%* of the Post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the offer price is Rs. 56 per equity share, which is 5.6 times the face value of the equity shares. *subject to the finalisation of the basis of allotment
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- A slowdown in economic growth in India could have an adverse effect on its business, results of operations and financial condition.
- Company rely heavily on its existing brands and quality of services at its hotels. Any dilution of its brand reputation or failure of its quality control systems could adversely affect its business, results of operations and financial condition.
- Operational risks are inherent in Company's business as it includes rendering services at high quality standards at its hotels. A failure to manage such risks could have an adverse impact on its business, results of operations and financial condition.
- Company is exposed to risks associated with the ownership and development of its hotel properties. Delays in the constructions of new buildings or improvements on its properties may have an adverse effect on its business, results of operations and financial condition.
- Company enter into hotel operation agreements to render operation and marketing services in relation to its managed hotels and are subject to risks related to such hotel operation agreements.