Suba Hotels IPO: SMEs counts RS 21 crore from Anker investors Mukul Agrawal, Sunil Singhania, Ashish Kacholia and others

Suba Hotels, RS has picked up 21.29 Crore from a link from anchor investors, including market bulls such as Mukul Agrawal, Sunil Singhania and Ashish Kacholia. A total of 19.17 Lakh shares of shares were allocated at a price of RS 111 each.

All three investors were each assigned 3 Lakh shares, for an amount of RS 3.3 Crore. Together they accounted for 46.92% of the total anchorquotum.

Suba hotels have assigned these shares to Agrawal led by the Sanshi Fund -1, Singhania’s Bharat Venture Opportunities Fund and Kacholias Bengal Finance & Investment PVT Ltd.

Others who have assigned these shares are Saint Capital Fund (RS 2.40 Crore) and Capri Global Capital (RS 1.81 Crore). Next Orbit Ventures Fund, Avora SME Fund, Arnesta Global Opportunity Fund PCC, J4S Venture Fund-I and CP Capitaland Rajasthan Global Securities Private Limited were each allocated shares worth RS RS 1.01 Crore.

Suba Hotels IPO GMP

Shares of Suba Hotels did not like a gray market premium today. The price band of the SME IPO is set at RS 105-RS 111.

About the company

Suba Hotels Limited is a household hotel chain in the Middenmarkt sector with 88 operational hotels. The company was founded in October 1997. The company is active in the hotel sector in the middle of the market, including luxury, higher mid-scale, medium-scale and economy brands, both domestic and internationally.

From 31 August 2025 it has 88 hotels (4,158 keys) in 50+ cities with an exclusive partnership with choice hotels (Comfort, Clarion, Quality) .Company’s FY25 Profit After Tax (Pat) was supported by industrial-commanding return ratios on RS 15.15 CRORE (ROE 31.8%). Sebi to increase RS 202 Crore and RS 150 Crore through a new problem

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