What is the price band of the Lemon Tree Hotels IPO?

The price band is ₹54.0–56.0 per share, and the final issue price is ₹56.0.

What is the lot size of the Lemon Tree Hotels IPO?

One lot is 265 shares, so the minimum retail bid is ₹14,840 at the upper end of the price band.

When is the Lemon Tree Hotels IPO listing date?

The shares listed on 09 April 2018.

How many times was the Lemon Tree Hotels IPO subscribed?

It was subscribed 1.19x overall: QIB 3.89x, NII 0.12x and retail 0.12x (NSE and BSE together).

Lemon Tree Hotels IPO

Lemon Tree Hotels Limited (LEMONTREE) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 09 April 2018.

Listed 9 Apr Subscribed 1.19x Listing gain +10.0%

Issue details

Price band

₹54.0–56.0

Issue price

₹56.0

Lot size

265 shares

Min. retail bid

₹14,840

Max. retail bid

13 lots (₹1,92,920)

Issue size

₹1,039 Cr

Face value

₹10

Bidding

26 Mar – 28 Mar 2018

Listing

09 Apr 2018

Retail quota

35%

Registrar

Karvy Computershare Private Limited

Listing day

Listed at

₹61.6

+10.0% vs issue price ₹56.0

Day's high

₹73.9

+32.0% · low ₹57.2 (+2.2%)

Day's close

₹71.7

+27.9% · traded ₹443 Cr

Subscription status

Category	Shares offered	Shares bid for	Subscribed
QIB (institutions)	3,70,95,880	14,41,50,725	3.89x
NII (HNI) total	2,78,21,910	32,60,295	0.12x
Retail	6,49,17,790	75,09,040	0.12x
Total	12,98,35,580	15,49,20,060	1.19x

Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 4% of all shares bid for were at the cut-off price.

Past IPOs with similar demand

Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Lemon Tree Hotels's, and how they listed.

IPO	QIB	NII	Retail	Total	Size	Listing gain	Day high
Varun BeveragesOct 2016	4.94x	0.42x	0.82x	1.86x	₹1,112 Cr	-3.4%	+6.0%
Mishra Dhatu NigamMar 2018	1.96x	0.12x	0.72x	1.21x	₹755 Cr	-3.3%	+1.1%
HealthCare Global EnterprisesMar 2016	2.36x	0.43x	0.83x	1.56x	₹650 Cr	-3.6%	-2.8%
Aster DM HealthcareFeb 2018	2.10x	0.55x	1.18x	1.31x	₹1,010 Cr	-3.7%	-1.1%
Bharat DynamicsMar 2018	1.50x	0.50x	1.41x	1.30x	₹1,667 Cr	-13.6%	-5.9%
Hindustan AeronauticsMar 2018	1.73x	0.03x	0.39x	0.99x	₹7,191 Cr	-5.2%	-2.5%

Lead managers and their listing record

Book running lead manager	Mainboard IPOs since 2019	Avg listing gain	Listed at a premium
YES Securities (India)	6	+28.6%	83%

Offer documents (NSE)

Red Herring Prospectus (zip) Basis of issue price (zip) Anchor allocation (zip)

Frequently asked

What is the Lemon Tree Hotels IPO price band and lot size? ₹54.0–56.0 per share, with a lot of 265 shares, so the smallest retail bid is ₹14,840.

How many times has it been subscribed? 1.19x overall: QIB 3.89x, NII 0.12x, retail 0.12x.

How did it list? It opened at ₹61.6, +10.0% against the issue price of ₹56.0, and closed its first day +27.9%.

Other IPOs of 2018

Dinesh Engineers Garden Reach Shipbuilders & Engineers Aavas Financiers Ircon International HDFC Asset Management Company TCNS Clothing Co.Varroc Engineering RITES All 2018 IPOs →

Important: The AI listing estimates on Flash Finance are statistical estimates drawn from how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell, and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring Prospectus and consult a SEBI-registered adviser before you invest.