Suba Hotels Ltd - IPO

Suba Hotels Ltd IPO Details

Initial public issue of upto 65,70,000 equity shares of face value of Rs. 10/- each (the equity shares) of Suba Hotels Limited (Suba or the company or the issuer) at an issue price of Rs. [*]/- per equity share (inclduing share premium of Rs. [*] per equity share) for cash, aggregating to Rs. [*] crores (public issue) out of which [*] equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The public issue, less market maker reservation portion i.e., issue of [*] equity shares face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the net issue. The public issue and the net issue will constitute [*]%, and [*]% respectively of the post-issue paid-up equity share capital of the company.The face value of the equity shares is Rs. 10/- each. The issue price is [*] times of the face value of the equity shares.

Objective of issue

Funding capital exp requiremnts upgradation and last-mile funding of hotel premises. General corporate purposes.

Suba Hotels Ltd Contact Details

Suba Hotels Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - compliance@subahotels.com

Website - www.subahotels.com