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Suba Hotels Limited Announces Opening of Initial Public Offering (IPO) on September 29, 2025
Mumbai (Maharashtra) [India], September 25: Suba Hotels Limited, one of India’s leading domestic hotel chains in the mid-market hospitality segment, announced the launch of its Initial Public Offering (IPO), which is set to open on Monday, September 29, 2025, and will close on Wednesday, October 1, 2025. The Company operates across upscale, upper-midscale, midscale, and [...]
Mumbai (Maharashtra) [India], September 25: Suba Hotels Limited, one of India’s leading domestic hotel chains in the mid-market hospitality segment, announced the launch of its Initial Public Offering (IPO), which is set to open on Monday, September 29, 2025, and will close on Wednesday, October 1, 2025.
The Company operates across upscale, upper-midscale, midscale, and economy hotel formats, with a strong presence in Tier 2 and Tier 3 cities. As of July 2025, Suba had 88 operational hotels with 4,096 keys across 50+ cities, along with 40 upcoming properties comprising 1,831 rooms. Suba’s asset-light business model spans owned, managed, revenue-share, leased, and franchised hotels, and is further strengthened by its exclusive master franchise rights for Choice Hotels’ international brands – Comfort, Clarion, and Quality in India.
The Company intends to utilize the IPO proceeds towards funding capital expenditure requirements for upgrades and last-mile funding of hotel premises and general corporate purposes, enabling further scale-up in high-potential domestic and international markets.
