31 Mar 2023
Assets85.23
Total Income35.20
EBITDA13.87
Profit After Tax2.78
NET Worth23.46
Reserves and Surplus18.70
Total Borrowing46.09
At a glance
Updated 2026-09-10Suba Hotels is a SME IPO with an issue size of ₹75.47 crore, proposed for listing on NSE SME. The issue structure includes a fresh issue of ₹71.69 crore.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹75.47 Cr
Fresh issue₹71.69 Cr
Face value₹10
Price band₹105.00–₹111.00
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Subscription demand
Full bidding ↗NO DATAWaiting for a verified live exchange update.
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Max) | 2 | 2400 | ₹266,400 |
| S-HNI (Min) | 3 | 3600 | ₹399,600 |
| S-HNI (Max) | 7 | 8400 | ₹932,400 |
| B-HNI (Min) | 8 | 9600 | ₹1,065,600 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding Capital Expenditure Requirements towards upgradation and last-mile funding of hotel premises | ₹53.48 Cr |
| General Corporate Purposes | ₹14.52 Cr |
| Issue Expenses | ₹7.47 Cr |
| Total | ₹75.47 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue79.98₹ Cr · +50.9% vs prior year
EBITDA23.27₹ Cr · +165.9% vs prior year
PAT15.15₹ Cr · +69.1% vs prior year
Assets123.04₹ Cr · +23.0% vs prior year
Net Worth47.61₹ Cr · +47.3% vs prior year
Borrowing50.23₹ Cr · +9.8% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets100.07
Total Income53.00
EBITDA8.75
Profit After Tax8.96
NET Worth32.33
Reserves and Surplus27.57
Total Borrowing45.73
31 Mar 2025
Assets123.04
Total Income79.98
EBITDA23.27
Profit After Tax15.15
NET Worth47.61
Reserves and Surplus30.17
Total Borrowing50.23
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 31.82% |
| ROCE | 35.55% |
| Debt / Equity | 1.06% |
| RoNW | 31.82% |
| PAT Margin | 18.94% |
| EBITDA Margin | 29.09% |
| Price to Book Value | 4.07 |
Valuation & shareholding
Pre-IPO EPS8.69
Post-IPO EPS6.25
Pre-IPO P/E12.78
Post-IPO P/E17.76
Promoter holding pre84.69%
Promoter holding post60.93%
Market cap₹269.09 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Suba Hotels IPO | — | 17.76 x | — | — |
| Vegorama Punjabi IPO | — | 15.56 x | — | — |
| Grand Continent IPO | — | 20.67 x | — | — |
| Jungle Camps IPO | — | 31.07 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Funding Capital Expenditure Requirements towards upgradation and last-mile funding of hotel premises | ₹53.48 Cr |
| General Corporate Purposes | ₹14.52 Cr |
| Issue Expenses | ₹7.47 Cr |
| Total | ₹75.47 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Unistone Capital Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-10.
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