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Suba Hotels' IPO, priced at ₹105–111, saw 15.33x oversubscription, driven by strong final-day demand.
Suba Hotels Limited's IPO closed on October 3, 2025, with overall subscription reaching 15.33 times, driven by strong demand on the final day.
Priced at ₹105–111 per share, the ₹75.47 crore issue drew ₹772.51 crore in bids, with Non-Institutional Investors leading at 22.41x.
Anchor investors were fully subscribed, and the company, operating 88 hotels across 50 cities with 40 more in pre-opening, saw renewed investor confidence despite slow start.
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La oferta pública inicial de Suba Hotels, con un precio de ₹ 105-111, registró una sobresuscripción de 15,33 veces, impulsada por una fuerte demanda del último día.