Lemon Tree Hotels IPO Subscription Details

Bookbuilding IPO | ₹1,039 Cr | Listed at BSE, NSE | Mon, Mar 26, 2018 - Wed, Mar 28, 2018

Basis of Allotment - Lemon Tree Hotels IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)3,70,95,8805,56,43,8209,27,39,7002,78,21,9106,49,17,79018,54,79,400
Allotment price (Rs.)565656565656
No.of applications2520456216,76316,870
No.of shares applied14,41,50,7255,75,59,59020,17,10,31531,72,31566,30,03521,15,12,665
Amount collected (Rs.cr.)807.24 322.33 1,129.58 17.76 37.13 1,184.47
No.of times subscribed3.891.032.180.110.101.14
No.of shares allotted12,00,33,2305,56,43,82017,56,77,05031,72,31566,30,03518,54,79,400
Amount (Rs.cr.)672.19 311.61 983.79 17.76 37.13 1,038.68
No.of allottees2520456216,76316,870

IPO Shares Offered

Lemon Tree Hotels IPO is a public issue of 18.55 Cr equity shares. The issue offers 6.49 Cr shares to retail investors, 9.27 Cr shares to qualified institutional buyers, and 2.78 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 9,27,39,700519.34 50.00%
    Anchor 5,56,43,820 311.61 30.00%
    QIB (Ex Anchor) 3,70,95,880 207.74 20.00%
NII 2,78,21,910155.80 15.00%
Retail6,49,17,790363.54 35.00%
Total18,54,79,4001,038.68 100%

Lemon Tree Hotels IPO Anchor Investor Allocation

A total of 5,56,43,820 shares at a price of Rs 56 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMar 23, 2018
Anchor investor price₹56.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days2,78,21,910
No. of shares locked-in for 90 days2,78,21,910
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 SBI CONSERVATIVE HYBRID FUND SBI MUTUAL FUND 21,42,790 12.00 3.85 1.16
2 SBI FLEXICAP FUND SBI MUTUAL FUND 35,71,405 20.00 6.42 1.93
3 SBI EQUITY HYBRID FUND SBI MUTUAL FUND 58,70,545 32.88 10.55 3.17
4 NS PARTNERS TRUST NS PARTNERS 17,85,835 10.00 3.21 0.96
5 VANTAGETRUST III MASTER COLLECTIVE INVESTMENT FUNDS TRUST VANTAGETRUST 28,48,220 15.95 5.12 1.54
6 MIRAE ASSET INDIA SOLOMON EQUITY INVESTMENT TRUST 1 MIRAE 8,92,965 5.00 1.60 0.48
7 MIRAE ASSET INDIA SECTOR LEADER EQUITY FUND MIRAE 20,10,290 11.26 3.61 1.08
8 INDUS INDIA FUND (MAURITIUS) LTD. INDUS 20,85,285 11.68 3.75 1.12
9 INDUS INDIA FUND (SV) LTD. INDUS 13,90,190 7.79 2.50 0.75
10 RBC ASIA PACIFIC EX-JAPAN EQUITY FUND RBC 28,96,185 16.22 5.20 1.56
11 LGT SELECT FUNDS-LGT SELECT EQUITY EMERGING MARKETS LGT 17,85,835 10.00 3.21 0.96
12 DB INTERNATIONAL (ASIA) LTD. DB INTERNATIONAL (ASIA) LTD. 70,19,055 39.31 12.61 3.78
13 GEMEQUITY GEMEQUITY 17,85,835 10.00 3.21 0.96
14 DORIC ASIA PACIFIC SMALL CAP (MAURITIUS) LTD. DORIC 17,85,835 10.00 3.21 0.96
15 NEW YORK STATE COMMON RETIREMENT FUND NEW YORK STATE COMMON RETIREMENT FUND 17,85,835 10.00 3.21 0.96
16 ABERDEEN ASIAN SMALLER COMPANIES INVESTMENT TRUST PLC ABERDEEN 40,54,765 22.71 7.29 2.19
17 ALPINE GLOBAL PREMIER PROPERTIES FUND ALPINE 28,96,185 16.22 5.20 1.56
18 ZAABA PAN ASIA MASTER FUND ZAABA 11,58,580 6.49 2.08 0.62
19 HDFC SMALL CAP FUND HDFC MUTUAL FUND 46,34,055 25.95 8.33 2.50
20 BNP PARIBAS ARBITRAGE BNP PARIBAS 32,44,130 18.17 5.83 1.75
5,56,43,820311.6110030.00

IPO Subscription FAQs

The Lemon Tree Hotels IPO is subscribed 1.19285899905095 times by Mar 28, 2018 17:00.

Lemon Tree Hotels IPO Subscription

Investor Category Subscription (times)
Qualified Institutional3.88100241859743
Non Institutional0.119003691694783
Retail Individual0.117000748177041
Total Subscription1.19285899905095

Retail category of Lemon Tree Hotels IPO subscribed 0.117000748177041 times as of date Mar 28, 2018 17:00. The public issue closes on Wed, Mar 28, 2018 for bidding.

An investor can apply in Lemon Tree Hotels IPO online via bank (using ASBA) or the broker (using UPI). The Lemon Tree Hotels IPO shares are offered online only.

The Lemon Tree Hotels IPO is subscribed 1.19285899905095 times by Mar 28, 2018 17:00.

The Lemon Tree Hotels IPO allotment status is expected on or around Wednesday, April 4, 2018. Visit Lemon Tree Hotels IPO allotment status to check.

The Lemon Tree Hotels IPO listing date is April 9, 2018. The equity share of Lemon Tree Hotels IPO will list on BSE, NSE.

Visit Lemon Tree Hotels IPO subscription status page for real-time bidding information about Lemon Tree Hotels IPO.

Lemon Tree Hotels IPO Timetable

IPO opens OnMonday, March 26, 2018
IPO Closes OnWednesday, March 28, 2018
Finalisation of Basis of AllotmentWednesday, April 4, 2018
Initiation of RefundsThursday, April 5, 2018
Credit of Shares to Demat AccountFriday, April 6, 2018
IPO Listing DateMonday, April 9, 2018
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