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Lemon Tree Hotels Ltd.
Issue Open Date 26-Mar-18  
Issue Closing Date 28-Mar-18  
Application Money 100  
Allotment Money  
Price Band () 54 - 56  
Minimum Bid Quantity. 265  
Issue Size (Shares) 185479400  
Market Lot 1  
Objective

The objects of the Offer are to achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the sale of up to 195,797,000 Equity Shares by the Selling Shareholders. Further, our Company expects that listing of the Equity Shares will enhance our visibility and brand image and provide liquidity to our shareholders. Listing will also provide a public market for the Equity Shares in India. Our Company will not receive any proceeds from the Offer and all the proceeds will go to the Selling Shareholders, in proportion to the Equity Shares offered and sold by the respective SellingShareholders in the Offer for Sale.

Business Description

We are India’s largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controllinginterest in owned and leased rooms, as of June 30, 2017, according to the Horwath Report. We are the ninth largest hotelchain in India in terms of owned, leased and managed rooms, as of June 30, 2017, according to the Horwath Report. Weoperate in the mid-priced hotel se...

Promoter's Holding
Total Share Capital   244615233  
Offered to Public   195797000  
Promoter's Holding (Pre-Issue)   31.1  
Promoter's Holding (Post-Issue)   29.16  
Address
Address :Asset No. 6
Aerocity Hospitality District
City :New Delhi, State :Delhi Pincode :110037 Phone :011-41650101 Email : hi@lemontreehotels.com Website : www.lemontreehotels.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
105-108
Arunachal Building
19
Barakhamba Road
New Delhi
Listed at
NSE
Lead Manager
CLSA India Ltd
JP Morgan India Pvt Ltd
Kotak Mahindra Capital Co Ltd
Yes Securities (India) Ltd.
Promoters
Patanjali Govind Keswani
Spank Management Services Pvt Ltd.
HEAD OFFICE Leader Care A-507/8 Navratna Corporate Park, Ashok Vatika Bopal-Ambli Road, Ahmedabad-380058
DISCLAIMER

Mutual Funds and securities investments are subject to market risks and there is no assurance or guarantee that the objective of the Scheme will be achieved. Past performance of the Sponsor/AMC/Fund or that of any scheme of the Fund does not indicate the future performance of the Schemes of the Fund. Please read the Key Information Memorandum and the Offer Document carefully before investing.

  • INSURANCE DISCLAIMER - Insurance is a subject matter of solicitation
  • ARN Number - 11439
  • IRDAI Licence Number - AGQ0127782

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