Fundamental

Lemon Tree Hotels Limited


Company & Business Profile

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 company is the ninth largest hotel chain in India in terms of owned, leased and managed rooms, as of 30 June 2017.

The company operates in the mid-priced hotel sector, consisting of the upper-midscale, midscale and economy hotel segments. Lemon Tree Hotels seeks to cater to Indian middle class guests and deliver differentiated yet superior service offerings, with a value-for-money proposition.

Objects of the Issue

The objects of the offer for the company are to:

- Achieve the benefits of listing the equity shares on the stock exchanges. 

- Sale of up to 195,797,000 equity shares by the selling shareholders.

Listing

The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Apply in IPO now in ASBA mode, to apply call us at 91-7024471019. Read https://bit.ly/2IMDWo4 to know further

Tags: IPOLemon Tree Hotels


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DISCLAIMER: This document has been prepared by Arihant Capital Markets Limited (hereinafter called as Arihant) and its subsidiaries and associated companies. This document does not constitute an offer or solicitation for the purchase and sale of any financial instrument by Arihant. This document has been prepared and issued on the basis of publicly available information, internally developed data and other sources believed to be reliable. Whilst meticulous care has been taken to ensure that the facts stated are accurate and opinions given are fair and reasonable, neither the analyst nor any employee of our company is in any way is responsible for its contents and nor is its accuracy or completeness guaranteed. This document is prepared for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. All recipients of this material should before dealing and or transacting in any of the products referred to in this material make their own investigation, seek appropriate professional advice. The investments discussed in this material may not be suitable for all investors. The recipient alone shall be fully responsible/are liable for any decision taken on the basis of this material. Arihant Capital Markets Ltd (including its affiliates) or its officers, directors, personnel and employees, including persons involved in the preparation or issuance of this material may; (a) from time to time, have positions in, and buy or sell or (b) be engaged in any other transaction and earn brokerage or other compensation in the financial instruments/products discussed herein or act as advisor or lender/borrower in respect of such securities/financial instruments/products or have other potential conflict of interest with respect to any recommendation and related information and opinions.