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Lemon Tree Hotels Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,038.68 cr

Price Range (₹)

56

Lot Size

265

Min Investment (₹)

14,840.00

Listing Exchange

MumbaiNSE

Open Date

26-Mar-2018

Close Date

28-Mar-2018

Listing Date

09-Apr-2018

Latest IPO News

    The Shares of Lemon Tree Hotels Ltd have now been listed.

    Lemon Tree Hotels Ltd IPO Details

    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 orthe 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

    Objective of issue

    The Sale of up to 185,479,400 equity shares by the selling shareholders. Listing of Shares on Stock Exchanges.

    Lemon Tree Hotels Ltd Contact Details

    Lemon Tree Hotels Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - sectdeptt@lemontreehotels.com

    Website - www.lemontreehotels.com