Lemon Tree Hotels has debuted at Rs 61.60 on the BSE, up by 5.60 points or 10% from its issue price of Rs 56.
The scrip is currently trading at Rs 58.70, up by 2.70 points or 4.82% from its issue price. It has touched a high and low of Rs 65.00 and Rs 57.30 respectively. So far 17,52,000 shares were traded on the counter.
The offering, which was open for subscription between March 26, 2018 and March 28, 2018, was subscribed 1.19 times. The issue price was fixed at Rs 56 per share i.e. at upper end of price band of Rs 54 - 56 apiece.
Hospitality chain Lemon Tree Hotels has hotels under four brands - Lemon Tree Premier, which is an upscale brand; Lemon Tree Resorts, a leisure segment brand; Lemon Tree Hotels, a midscale brand and the economy brand Red Fox Hotels.
Company Name | CMP |
---|---|
Indian Hotel | 574.05 |
EIH | 424.40 |
Mahindra Holi.&Resor | 399.05 |
Chalet Hotels | 784.80 |
Lemon Tree Hotels | 140.25 |
View more.. |