Hotels & Resorts IPOs

11 Hotels & Resorts IPOs have come to market (2018–2025), raising a combined ₹11,926 crore. They have averaged a +10.4% listing gain (median +9.5%), and 73% closed their debut above the issue price. The strongest debut was Suba Hotels Limited (+45.9%); the weakest was Saj Hotels Limited (-19.3%).