Lemon Tree Hotels IPO Listed at 10% Premium at 61.60

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Lemon Tree Hotels ipo to list on 9th April, Monday on BSE and NSE. As the speculations on a higher side and the subscription numbers shows that the company is not going to list in premium. The financial results are also in red for last few years. Grey market premium is in discount and Lemon Tree Hotels was fortunate that QIB portion was subscribed fully that is the reason ipo was fully subscribed. We can expect flat listing but if market support it might reach 62-65 level after listing. Let’s see how it will react on the listing day.

Lemon Tree Hotels IPO Listing Date, Listing Price, NSE Code, ISIN Number & Other Details are given below:

BSE Code 541233
NSE Code LEMONTREE
Group B
ISIN No INE970X01018
Offer Price Rs.54 / 56
Face Value Rs.10
Listing Date 09-Apr-18, Monday

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Lemon Tree Hotels IPO Listing Price: Live Quote

Details BSE Listing NSE Listing
Listing Price
61.60
61.60
High Price
73.90
73.90
Low Price
57.30
57.25
Close Price
71.60
71.65
Lemon Tree Hotels IPO Subscription: (Fully Subscribed)
Day QIB NII RII EMP Total
Day 1 0.82 0.03 0.02 N/A 0.25
Day 2 1.43 0.05 0.04 N/A 0.44
Day 3 3.88 0.12 0.12 N/A 1.19

Lemon Tree Hotels IPO Dates & Price Band: (Approx)

  • IPO Open: 26-March-2018
  • IPO Close: 28-March-2018
  • IPO Size: Approx Rs.1039 Crore (Approx)
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.54 to 56 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 185,479,400 Shares

Lemon Tree Hotels IPO Market Lot:

  • Shares: Apply for 265 Shares (Minimum Lot Size)
  • Amount: Rs.14,840

Lemon Tree Hotels IPO Allotment & Listing:

  • Basis of Allotment: 4-April-2018
  • Refunds: 5-April-2018
  • Credit to demat accounts: 6-April-2018
  • Listing: 9-April-2018

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.