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Monday, 26 March 2018

Lemon Tree Hotels Limited (IPO)

LEMON TREE HOTELS LIMITED


Nature of Business :

    Lemon Tree hotels is founded in 2002 by Patu Keswani. It is india's largest hotel chain in the mid-priced hotel sector. They have three brands to meet your level which is,

  1. Lemon Tree Premium (for upper midscale segment)
  2. Lemon Tree Hotels (for midscale segment)
  3. Red fox By Lemon Tree Hotels (for economy segment)

Issue Details :

IPO Begins :   26th March, 2018
IPO Ends  :                          28th March, 2018
Issue Price :                       Rs.54 - Rs.56 Per Equity Share
Market Lot :                          265 Shares
Amount :                             Rs. 14,840
IPO Size :                                 Rs. 1,039 Crore (Approx)
No. of Equity :                     18,54,79,400 Shares
Retail Portion :                     35%
Face value :       Rs. 10 per Equity Share 
Basis of Allotment :                      4th April, 2018
Initiation of Refunds :             5th April, 2018
Credit to Demat account :                 6th April, 2018
Listing Date :                                      9th April, 2018



Lemon Tree Hotels Limited's Lead Managers : 


  • Kotak Mahindra Capital Company Limited
  • CLSA India Private Limited
  • J.P Morgan India Private Limited
  • YES Securities (india) Limited



Lemon Tree Hotels Limited's Promoters :


  •     Mr. Patanjali Govind Keswani
  •     Spank Management Services Private Limited (SMSPL)

Lemon Tree Hotels Limited's IPO Registrar :

      Karvy Computershare Private Limited, 
      Phone : +91 40 6716 2222
      Fax : +91-40-2331 1968
      Email : Lemontree.ipo@karvy.com
      Website : http://karisma.karvy.com


Lemon Tree Hotels Limited's Address :

      Lemon Tree Hotels Limited,     
      Asset No. 6,
      Aerocity Hospitality district,
      New Delhi - 110037
      Tel : +91 11 4605 0110
      Contact person : Mr. Nikhil Sethi
      Email : sectdeptt@lemontreehotels.com
      Website : www.lemontreehotels.com


Disclaimer :

                      The listing Price would be depend on the market situation.