Market & News

graph-market IPO

Lemon Tree Hotels Ltd

Registered Office: Asset No 6,Aerocity Hospitality District, New Delhi - 110037, New Delhi, India.
Phone : 91-11-46050101   Fax:91-11-46050110
Email :  sectdeptt@lemontreehotels.com  
Website :  www.lemontreehotels.com

Initial public offering of 185,479,400 equity shares* of face value of Rs. 10 each (the "equity shares") of Lemon Tree Hotels Limited (the "company" or the "company" or the "issuer") for cash at a price of Rs. 56 per equity share (the "offer price") aggregating Rs. 1038.68 Crores* (the "offer") through an offer for sale of 94,500,053 equity shares aggregating to Rs. 529.20 Crores by Maplewood Investment Ltd ("Maplewood"), 25,320,584 equity shares aggregating to Rs. 141.79 Crores by RJ Corp Limited ("rj corp"), 13,999,416 equity shares aggregating to Rs. 78.40 Crores by Ravi Kant Jaipuria and sons (huf) ("rkj huf"), 6,986,180 equity shares aggregating to Rs. 39.12 Crores by Whispering Resorts Private Limited ("whispering resorts"), 883,440 equity shares aggregating to Rs. 4.95 Crores by swift Builders Limited ("swift builders"), 23,649,816 equity shares aggregating to Rs. 132.44 Crores by Five Star Hospitality Investment Limited ("five star"), 19,159,911 equity shares aggregating to Rs. 107.30 Crores by Palms international Investments Limited ("palms international"), 480,000 equity shares aggregating to Rs. 2.69 Crores by Mr. Satish Chander Kohli and 500,000 equity shares aggregating to Rs. 2.80 Crores by Mr. Raj Pal Gandhi (together, the "selling shareholders" and such offer, the "offer for sale") The offer constitutes 23.59%* of the Post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the offer price is Rs. 56 per equity share, which is 5.6 times the face value of the equity shares. *subject to the finalisation of the basis of allotment

Issue Money Payable On
Opens On Closes On Application Allotment
26-Mar-18 28-Mar-18 56.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 265   Further Multiples of : 265
  Rs Cr Lead Managers to the Issue
Project Cost 50.87 CLSA India Pvt Ltd
Project Financed through Current Offer 1,038.68  
Post Issue Equity Share Capital 786.41  
Issue Price 56.00  

Projects

  • The Sale of up to 185,479,400 equity shares by the selling shareholders
  • Listing of Shares on Stock Exchanges

Promoted By

Patanjali Govind Keswani

Spank Management Services PLtd

Listing At

BSE

NSE

Registrar to the Issue

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