Lemon Tree Hotels IPO to open on March 26

Ahmedabad: Lemon Tree Hotels will open its initial public offer for subscription on March 26, 2018. The bid/offer period will close on Wednesday, March 28, 2018.

The price band has been fixed from Rs54 to Rs56 per equity share. Bids can be made for a minimum lot of 265 equity shares and in multiples of 265 equity shares thereafter.

The equity shares being offered through the RHP are proposed to be listed on BSE and NSE.

The Global Coordinators & Book Running Lead Managers (GBRLMs) to the offer are Kotak Mahindra Capital Company Limited, CLSA India Private Limited, J.P. Morgan India Private Limited. The Book Running Lead Managers (BRLMs) to the Offer is YES Securities (India) Limited.

DeshGujarat