Suba Hotels Ltd IPO

LISTED
SME

NSE • Lot Size: 1200 • Hotels & Restaurants

Issue111
Listed127.65+15%
Now132+18.9%
18.9%

*Last updated on 11 Jan 2026

Price Band

₹105 - ₹111

Lot Size

1200

Issue Size

₹75.47 Cr

GMP

N/A

Subscription

15.33x

Analyzing...

IPO Schedule

1

Open

29 Sept 2025

2

Close

1 Oct 2025

3

Allotment

3 Oct 2025

4

Listing

7 Oct 2025

About Suba Hotels Ltd

Suba Hotels Ltd operates as a hospitality chain, managing and franchising hotels under various brands. The company focuses on providing mid-segment and budget accommodation across India.

Key Strengths

  • Strong brand recognition within the mid-segment hotel market.
  • High Return on Equity (ROE) of 31.82% indicates efficient capital utilization.
  • Relatively low Price to Earnings (P/E) ratio of 12.78 compared to industry peers may suggest undervaluation.
  • Experienced management team with a proven track record in the hospitality sector.
  • Strategic focus on expanding its franchise network across key Indian cities.

Risk Factors

  • Intense competition from established hotel chains and online travel agencies (OTAs).
  • Fluctuations in occupancy rates and average room rates (ARR) due to seasonality and economic conditions.
  • Dependence on maintaining positive relationships with franchisees and ensuring consistent brand standards.

Valuation Analysis

The IPO appears reasonably priced considering the company's high ROE and relatively low P/E ratio, making it potentially attractive for investors seeking value in the hospitality sector. However, investors should carefully assess the risks associated with the competitive landscape and cyclical nature of the industry.

IPO Details

ExchangeNSE
SegmentSME
ISININE0RYR01018
NSE SymbolSUBAHOTELS
Face Value10
Lot Size1200
Issue Size₹75.47 Cr

Key Metrics

ROE15.5
ROCE18.3
P/E Ratio40.5
Industry P/E20
EPS8.69
PAT Margin18.94%
Debt/Equity0.75

Growth & Quality

Revenue Growth (YoY)32.8%
ProfitableYes ✓
Anchor Investors15

Subscription

Total0.62x
Imbalance Ratio3.3x

Documents

Registrar

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Key Dates

Open Date29 Sept 2025
Close Date1 Oct 2025
Allotment3 Oct 2025
Listing7 Oct 2025