Lemon Tree Hotels Limited IPO
Lemon Tree Hotels Limited was a mainboard IPO in the Hotels & Resorts sector, offered at ₹54–₹56 per share to raise ₹1,039 crore. The issue was subscribed 1.19× overall (QIBs 3.89×, NIIs 0.12×, retail 0.12×). It listed on 9 Apr 2018 at ₹62 and closed its first day at ₹72, a listing gain of +27.9% versus the ₹56 issue price. It now trades around ₹109 (+95.1% versus the issue price).
Frequently asked questions
- How many times was the Lemon Tree Hotels Limited IPO subscribed?
- The Lemon Tree Hotels Limited IPO was subscribed 1.19× overall — 3.89× in the QIB category, 0.12× among non-institutional investors, 0.12× in retail.
- What were the Lemon Tree Hotels Limited IPO listing gains?
- Lemon Tree Hotels Limited listed on 9 Apr 2018 at ₹62, closing its first day at ₹72 — a listing gain of +27.9% versus the ₹56 issue price.
- What were the retail allotment odds for the Lemon Tree Hotels Limited IPO?
- Retail was subscribed 0.12×, so a single-lot application had roughly a 100% chance of allotment — most applicants were allotted, and allotment was finalised on 3 Apr 2018.
- What was the price band and lot size of the Lemon Tree Hotels Limited IPO?
- The price band was ₹54–₹56 per share, with a minimum lot of 265 shares (₹14,840 at the upper band).
- Who were the registrar and lead manager for the Lemon Tree Hotels Limited IPO?
- Karvy Computershare Private Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.