Lemon Tree Hotels IPO Allotment Status Check

Lemon Tree Hotels IPO Allotment Status that started in 2004 and currently has around 4697 rooms across 28 cities with 45 hotels has already closed in its equity funding to take the final tally to around 8000 rooms by March 2019 is coming out with a maiden IPO worth Rs. 1000-1200 crore by way of offer for sale (i.e. secondary issue) for unlocking its value for the shareholders and listing benefits.

Lemon Tree Hotels IPO Allotment Status
Lemon Tree Hotels IPO Allotment Status

It employs around 5000 people out of which around 1200 are handicapped people who are earning their livelihoods. This is perhaps the new concept followed by Lemon Tree group and is greeted by the visitors/tourists. Currently, this group is enjoying around 6.7 lakh loyal customers and the numbers are increasing. It filed its DRHP in September 2017 and has received SEBI nod for IPO. Lemon Tree Hotels’ public offer comprises sale of up to 195,797,000 equity shares by the existing shareholders, including Maplewood, Whispering Resorts, Palms International and RJ Corp.

Lemon Tree Hotels IPO Allotment & Listing:

  • Basis of Allotment: 4-April-2018
  • Refunds: 5-April-2018
  • Credit to demat accounts: 6-April-2018
  • Listing: 9-April-2018

Lemon Tree Hotels IPO Allotment Status Check Here:
Click Here Server No.-1
Click Here Server No.-2

Lemon Tree Hotels IPO Allotment Status Company Financials:

 
Particulars For the year/period ended (in Rs. Million)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 13,602.13 13,112.89 12,965.17 12,937.17 12,156.79
Total Revenue 2,237.65 1,945.47 2,242.02 1,947.84 1,453.82
Profit After Tax 53.52 (-163.36) (-10.40) 142.82 (-203.44)

IPO Price Issue Detail:

»»  Open: Mar 26, 2018 – Mar 28, 2018
»»  Issue Type: Book Built Issue IPO
»»  Size: 185,479,400 Equity Shares of Rs 10 aggregating up to Rs 1,038.68 Cr
»»  Face Value: Rs 10 Per Equity Share
»»  Issue Price: Rs 54 – Rs 56 Per Equity Share
»»  Market Lot: 265 Shares
»»  Minimum Order Quantity: 265 Shares
»»  Listing At: BSE, NSE

Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus

Lemon Tree Hotels IPO Registrar:
Karvy Computershare Private Limited
Tel: +91 40 6716 2222
Facsimile: +91 40 2343 1551
Email: lemontree.ipo@karvy.com
Investor Grievance e-mail: einward.ris@karvy.com
Website: www.karisma.karvy.com
Contact Person: Mr. M. Muralikrishna
SEBI Registration No.: INR000000221

Lemon Tree Hotels IPO Lead Managers:

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

Company Address:
Asset No. 6, Aerocity Hospitality District
New Delhi 110 037
Tel: +91 11 4605 0101
Facsimile: +91 11 4605 0110
Contact Person: Mr. Nikhil Sethi
Tel: +91 11 4605 0122
Facsimile: +91 11 4605 0110
E-mail: sectdeptt@lemontreehotels.com
Website: www.lemontreehotels.com

Lemon Tree Hotels IPO Allotment Status Check Here:
Click Here Server No.-1
Click Here Server No.-2

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