Lemon Tree Hotels IPO (Mainline) Opens on Mar 26, 2018


IPO Investment Portal
Lemon Tree Hotels Limited is entering the capital market with an IPO of 185,479,400 Equity Shares of Rs 10 aggregating up to Rs 1,038.68 Crore. The price for the issue has been set at Rs 54 - Rs 56 Per Equity Share.

Incorporated in 1992, Delhi based Lemon Tree Hotels is India’s largest hotel chain in the mid-priced hotel sector, and the third largest overall, on the basis of controlling interest in owned and leased rooms, as of 30 June 2017.

The issue opens on Mar 26, 2018, and closes for subscription on Mar 28, 2018. The equity shares of the company to be listed at BSE, NSE.

Detail at:

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