Suba Hotels IPO Lists at ₹154.20, Surges 45.9% Over Issue Price on Strong Debut

Mumbai, October 7, 2025: Suba Hotels Limited IPO made a strong debut on the NSE Emerge platform today, opening at ₹154.20 per share, a 39% premium over its issue price of ₹111. Shortly after listing, the stock surged to a day’s high of ₹161.90, marking a 45.86% gain from the issue price within minutes of trading.

Suba Hotels Limited, established in 1997, operates 88 hotels with a total of 4,096 keys across more than 50 cities, with 40 additional hotels currently in the pipeline. Around 81% of its portfolio is concentrated in Tier-II and Tier-III cities, catering to business, leisure, and pilgrim travellers. The company plans to utilise the funds raised from the issue for hotel upgrades, expansion initiatives, and other general corporate purposes. Suba Hotels also holds the master franchise rights for Choice Hotels in India, managing brands under the Comfort, Quality, and Clarion banners.

Suba Hotels IPO Listing Day Snapshot

As of 1:45 PM IST on 7 October 2025, Suba Hotels Limited was trading at ₹161.90, up 45.86% from its issue price. The stock opened at ₹154.20 on debut, marking a robust start on the bourses. Active participation was seen in the counter, with 27.77 lakh shares changing hands, generating a traded value of ₹44.96 crore. The volume-weighted average price (VWAP) for the day stood at ₹155.59.

During intraday trade, the stock recorded a high of ₹161.90 and a low of ₹154.20, with its upper and lower circuit limits fixed at ₹161.90 and ₹146.50, respectively. The company’s market capitalisation stood at approximately ₹392 crore on the listing day.

Suba Hotels IPO Subscription Overview

Suba Hotels Limited witnessed overwhelming investor demand during its initial public offering (IPO), which drew bids for nearly 7 crore shares against the 48.81 lakh shares on offer an overall subscription of 14.33 times.

In category-wise participation, Qualified Institutional Buyers (QIBs) led with bids for 2.71 crore shares, translating into a subscription of 11.14 times. Non-Institutional Investors (NIIs) followed, applying for 2.21 crore shares or 9.05 times the allotted quota, while Retail Investors subscribed for 2.06 crore shares, achieving 6.92 times oversubscription.

The broad-based participation across all investor classes underscored strong confidence in Suba Hotels’ growth prospects and business fundamentals

Suba Hotels IPO Anchor Allocation

Before opening its initial public offering, Suba Hotels Limited secured ₹21.29 crore on 26 September 2025 through the anchor investors’ allotment by issuing 19,17,600 equity shares at ₹111 per share. The strong participation from a mix of institutional and corporate investors underscored broad-based market confidence in the company’s growth outlook.

Key investors in the anchor round included Sanshi Fund – I, Bengal Finance & Investment Pvt. Ltd., and Bharat Venture Opportunities Fund, each allotted 3 lakh shares, valued at ₹3.33 crore. Additionally, Saint Capital Fund received 2.16 lakh shares worth ₹2.40 crore, while Capri Global Capital Ltd. was allotted 1.63 lakh shares, amounting to ₹1.81 crore.

Other significant allocations were made to Next Orbit Ventures Fund, Jalan Chemicals Industries Pvt. Ltd., JS4 Venture Fund – I, Avora SME Fund 1, Arnesta Global Opportunities Fund PCC, CP Capital Ltd., and Rajasthan Global Securities Pvt. Ltd., each receiving 91,200 shares, valued at ₹1.01 crore per investor.

REF: https://www.nseindia.com/get-quotes/equity?symbol=SUBAHOTELS

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations