FRANCHISE TRADE NOW OPEN AN ACCOUNT GLOBE E-KYC
IPO News
Prev Next
As on Apr 09, 2018 12:00 AM Your results on : IPO News    
Lemon Tree Hotels surges on debut
09-Apr-2018 (17:17)

Shares of Lemon Tree Hotels listed on the BSE at Rs 61.60, a premium of 10% over the issue price of Rs 56. The stock had hit a high of Rs 73.90 and low of Rs 57.30 during the day. The stock saw volume of 88.01 lakh shares on the BSE.

The initial public offer (IPO) of Lemon Tree Hotels received bids for 15.49 crore shares, as per the National Stock Exchange of India (NSE) data. The issue was subscribed 1.19 times. The issue opened for subscription on 26 March 2018 and closed on 28 March 2018. The price band for the issue was fixed at Rs 54 to Rs 56 per share.

The qualified institutional buyers (QIBs) category was subscribed 3.89 times. The non institutional investors category, made up of high net worth individuals, was subscribed 0.12 times. The retail individual investors (RIIs) category was subscribed 0.12 times.

Ahead of the opening of the IPO, the board of directors of the company at its meeting held on 23 March 2018, finalised allocation of 5.56 crore equity shares to anchor investors at Rs 56 per share.

On a consolidated basis, Lemon Tree Hotels reported net profit of Rs 2.18 crore on net sales of Rs 352.25 crore in the nine-months ended December 2017.

Lemon Tree Hotels is India's largest chain in the mid-priced hotels sector and third largest overall, on the basis of controlling interest in owned and leased rooms, as of 30 June 2017, according to the Horwath Report. It operated 4,697 rooms in 45 hotels (including managed hotels) across 28 cities in India as of 31 January 2018. The hotels are located across India, in metro regions, including the NCR, Bengaluru, Hyderabad and Chennai, as well as tier I and tier II cities such as Pune, Ahmedabad, Chandigarh, Jaipur, Indore and Aurangabad.

Mishra Dhatu Nigam ends flat on debut
04-Apr-2018 (16:32)
ICICI Securities settles with over 14% discount
04-Apr-2018 (16:26)
Karda Constructions settles lower on debut
02-Apr-2018 (17:11)
Sandhar Technologies settles at discount
02-Apr-2018 (16:55)
Lemon Tree Hotels IPO subscribed 1.19 times
29-Mar-2018 (11:09)
Lemon Tree Hotels IPO gets fully subscribed
28-Mar-2018 (17:33)
Hindustan Aeronautics ends with over 7% discount
28-Mar-2018 (17:29)
Lemon Tree Hotels IPO subscribed 44%
27-Mar-2018 (17:42)
Bandhan Bank settles with over 27% premium
27-Mar-2018 (16:11)
ICICI Securities IPO receives bids for 3.46 crore shares
27-Mar-2018 (09:29)
Lemon Tree Hotels IPO subscribed 25%
26-Mar-2018 (17:43)
ICICI Securities IPO subscribed 78%
26-Mar-2018 (17:37)
Mishra Dhatu Nigam IPO subscribed 1.21 times
24-Mar-2018 (10:33)
Connect with us :   
Globe
About us
Our Services
Milestones
Memberships
Core Values
Investor Relations
Product & Services
Broking
Institutional Broking
PMS
Clearing Services
Distribution
Research
Depository
Trade & Products
Globe Connect Pro
Globe Trade Smart
Globe Connect Mobile/Tablet
Globe News Connect
Globe e-KYC Application
Back Office
Back Office
CMS
CMS-TM
KYC/KDC Status
Mutual Fund
CAMS
RMS Policy
Helpdesk
Download Forms
Useful Links
BSE
NSE
SEBI
RBI
MCX
NCDEX
Exchange Holidays
Policies, Procedures, Rights, Obligations and RDD
Guidance Note on FATCA and CRS May 2016
Right and Obligation, RDD, Guidance Note in Vernacular Language - Equity | Commodity
Additional Risk Disclosure for Trading into Commodity options
In case of any grievances pleae write to
Investor_trading@globecapital.com /  igr@globecapital.com (For Trading)     globedp@globecapital.com (For DP)    Investor_pms@globecapital.com (For PMS)     
commigr@globecapital.com (For Commodities)
SEBI Regn. No. NSE.:INB/INF/INE 230663732, TM No.:06637, Clearing No.- M50302 | SEBI Regn. No. BSE.:INB/INF/INE 010663731, Clearing No.- 3179 | SEBI Regn No. MSEI :INB/F 260663738, INE 260663732, TM Code-1004, Clearing Member Code- 4 | SEBI Regn for DP : IN-DP-NSDL-97-99, NSDL- DP ID: IN300966, CDSL DP ID: 12020600 | Research Analysts Regn No. INH100001187 | PMS Regn No. INP000002361
* Through subsidiary Globe Commodities Ltd. --> Commodity SEBI Regn. No. - INZ000024939, Exchange Regn. Nos. - MCX CM ID: 8550 TM ID: 10735, NCDEX CM ID: M50011 TM ID: 00012, NMCE ID: CL0111, ICEX ID: 1009, NCDXSPOT-CR-07-10011,
** Through step in subsidiary Globe Comex International DMCC --> DGCX **TM Id.1064, CM Id.3064*
"We also do Pro-Account trading in Commodity Segment.."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
Attention Investors:
"Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your Stock Brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of investors"
"Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day......................issued in the interest of investors."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
© 2013 Globe Capital Market Limited. All rights reserved
Designed, Developed and Content powered by C-MOTS Infotech (ISO 9001:2008 Certified) Privacy Policy Disclaimer Terms and Conditions