Suba Hotels Ltd. has announced public offering of 6799200 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 101.00 per share. The gross proceeds of the issue are expected to be Rs 7,547.11 lakhs.

The company's initial public offer (IPO) will open on 29 September 2025 and is expected to close on 01 October 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 105.00-111.00 per share.

The IPO includes a fresh Issue of 6799200 Equity Shares of the Company at an price of Rs 111.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Suba Hotels Ltd. anticipates using the proceeds of the issue for ) Funding Capital Expenditure Requirements towards upgradation and lastmile funding of hotel premises) General Corporate Purposes.

Unistone Capital Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.