Lemon Tree Hotels Limited Profile
Incorporated in the year 1992 Lemon Tree Hotels (LTH) is India’s biggest chain in the mid-priced hotel’s sector and third largest overall. According to the Horwath Report (LTH) are India’s largest and finest chain of upscale, mid-scale and budget hotels and resorts on the basis of controlling interest in owned and leased rooms, as of June 30, 2017.
Lemon Tree Hotels (LTH) is an award-winning Indian hotel chain opened its first hotel with 49 rooms in May 2004. As on January 31, 2018, it operates 45 hotels in 28 cities with 4697 rooms and over 5000 employees. Lemon Tree Hotels Limited group offers three brands to meet hotel needs across all levels: the first one is Lemon Tree Premier which offers Upper Midscale business and leisure hotels, second is Lemon Tree Hotels for Midscale business and leisure hotels and third is Red Fox by Lemon Tree Hotels for Economy hotels. Lemon Tree motels are located across India, in metro regions, such as the NCR, Hyderabad, Bengaluru, and Chennai, Pune, Ahmedabad, Jaipur, Indore, and Aurangabad, Chandigarh.
Lemon Tree Hotels Limited Key Strengths
- Teamwork: They recognize that superlative performance is always the result of teamwork.
- Ownership: They always take responsibility for actions.
- Respect and Empathy – They always exhibit respect and concern for colleagues, guests, and
- Integrity: They always maintain the highest standards of fairness and transparency in all dealings.
- Excellence: They always drive excellence in what they do.
- Spirited Fun: They create an exciting and spirited work environment encouraging their colleagues to think freely.
Lemon Tree Hotels Limited Promoters:
The Promoters of the Company are Mr. Patanjali Govind Keswani and Spank Management Services Private Limited.
Lemon Tree Hotels Limited IPO details:
Symbol: LEMONTREE
Issue Size: Initial Public offer of 185,479,400 Equity Shares (including anchor portion of 55,643,820 Equity Shares)
Face Value: Rs 10
Price Range: Rs 54 to Rs 56
Issue Type: 100% Book Building
Bid Lot: 265 Equity Shares and in multiples thereof
Minimum Order Quantity: Equity Shares
Issue Period: 26 March 2018 to 28 March 2018
Maximum Subscription Amount for Retail Investor: Rs. 2,00,000
Registrar: Karvy Computershare Private Limited
Listing At: BSE, NSE
IPO Market Timings: 10.00 a.m. to 5.00 p.m.
Lemon Tree Hotels Limited Financials:
| Lemon Tree Hotels’ consolidated financial performance (in INR crore) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | 9M FY2018 | |
| Total revenue | 217.4
|
223.0 | 291.6 | 352.9 | 418.1 | 352.9 |
| Total expenses | 177.3 | 198.4 | 239.7 | 266.8 | 295.6 | 254.3 |
| Profit after tax | -19.6 | -39.4 | -63.2 | -29.7 | -7.1 | 2.9 |
| Net margin (%) | -9.0 | -17.7 | -21.7 | -8.0 | -1.7 | 0.8 |
Lemon Tree Hotels Limited IPO Subscription Details:
| Category | Shares offered | Subscription (no. of times) | ||
| Day1 | Day 2 | Day 3 | ||
| QIB | 37095880 | 0.8200 | 1.4280 | 3.8810 |
| NII | 27821910 | 0.0340 | 0.0520 | 0.1190 |
| Retail | 64917790 | 0.0230 | 0.0400 | 0.1170 |
| Employees | — | — | — | — |
| Total | 129835580 | 0.2480 | 0.4400 | 1.1910 |
Lemon Tree Hotels Limited Grey Market Price, Rates, GMP Premium
Lemon Tree Hotels IPO Grey Market Premium (GMP) as on 29 March 2018 today at Rs. n/a with Kostak at n/a.
Lemon Tree Hotels IPO Grey Market Premium (GMP) as on 28 March 2018 at Rs. n/a with Kostak at n/a.
Lemon Tree Hotels IPO Grey Market Premium (GMP) as on 27 March 2018 at Rs. n/a with Kostak at n/a.
Lemon Tree Hotels IPO Grey Market Premium (GMP) as on 26 March 2018 at Rs. n/a with Kostak at n/a.
Lemon Tree Hotels IPO Grey Market Premium (GMP) as on 25 March 2018 at Rs. n/a with Kostak at n/a.
Lemon Tree Hotels IPO Grey Market Premium (GMP) as on 24 March 2018 at Rs. n/a with Kostak at n/a.
Lemon Tree Hotels IPO Grey Market Premium (GMP) as on 23 March 2018 at Rs. n/a with Kostak at n/a.
Lemon Tree Hotels IPO Grey Market Premium (GMP) as on 22 March 2018 at Rs. n/a with Kostak at n/a.
Lemon Tree Hotels IPO Grey Market Premium (GMP) as on 21 March 2018 at Rs. n/a with Kostak at n/a.
Lemon Tree Hotels IPO Allotment Status
Lemon Tree Hotels Limited IPO Allotment Date: 4 April 2018
Lemon Tree Hotels Limited IPO Listing Date: 9 April 2018
You can check your allotment status using your PAN number.
- To know about Lemon Tree Hotels Limited IPO allotment Status, visit this page again by end of the above date.
- With your Family and friends, you can share the allotment status through the Social buttons on top.
- to know your Lemon Tree Hotels Limited IPO Allotment Status, follow the steps:
- Click Here to visit the website of the Registrar
- Select Lemon Tree Hotels Limited from the dropDown Menu (This option will be made available at the end of above date)
- Select PAN radio Button
- Provide your PAN Number
- Enter the Captcha
- Click on Submit Button
