Lemon Tree Hotels Limited
Credit of Shares to Demat
Cut off time for UPI Mandate Confirmation
Minimum Order Quantity
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.
|Particulars||For the year/period ended (in Rs. Million)|
|Profit After Tax||53.52||(-163.36)||(-10.40)||142.82||(-203.44)|
Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.
Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker
This is very easy, you need to do the following to buy and sell IPOs hasslefree with a discount broker. Open a trading & demat account with a discount broker. Open a trading account with a full service broker like banks which are offer IPO buying through ASBA route. While filling up the information for the demat account while opening an account with a bank, you need to give the details of demat account which is with the discount broker. Once your demat account is linked with the trading account of the bank then you simply buy and sell IPO. Investors need to understand that almost all brokers don’t charge any annual fee for trading account therefore having multiple trading accounts linked to a single demat account won’t incur any cost to investors. ,
You need to submit the following documents for opening an account with Samco : Photograph PAN Card Bank Details – Cancelled cheque or Bank Statement/Passbook copy Aadhar Card (or alternative address proof such as Drivers license, Voter ID, etc) Proof of Income (6 months bank statement or ITR Return or 3 months salary slip)