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Issue Open Mar 26, 2018
Issue Close Mar 28, 2018
Price Band ₹ 54 - ₹ 56
Face Value Rs 10 Per Equity Share
Issue Size ₹ 1,038.68 Cr
Listing Exchange BSE, NSE
Issue Type Book Built Issue IPO
Cut off time for UPI Mandate Confirmation -
Allotment Details -
Refunds -
Credit of Shares to Demat -
Listing On Apr 09, 2018
About the company:

Lemon tree hotels is a hotel chain group based out in delhi. The company operates in the mid priced hotel sector and has presence across the country. The company operates through 4700 rooms in 45 hotels in metros and tier - II cities in India. The company employs 3000+ emploees to serve customers.

Date of establishment: Lemon tree hotels was established in 1992  

Product & Service Offering: Lemon tree hotels limited following three brands through which it offers its services to customers

-     Lemon Tree Premier
-     Lemon Tree Hotels
-     Red Fox by Lemon Tree Hotels

Promoters of Lemon tree hotels ltd.:  Mr. Patanjali Govind Keswani and SMSPL are the promoters of Lemon tree hotels

Customer segment: Lemon tree basically tries to captures all types of customer segment through its different hotel chain brands.
-      Through lemon tree premier , company caters upper-midscale hotel segment pertaining to business and leisure
-      Lemon Tree Hotels offers a comfortable, cost-effective and convenient experience
-      Red Fox by Lemon Tree Hotels positioned as the economy hotel segment.

Objects of the Issue:

The objects of the Offer is to:-
-      Achieve the benefits of listing on the Stock Exchanges
-      Sale of Equity Shares by the Selling Shareholders.

Company Financials:

Summary of financial Information ( Restated Standalone)
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)

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