Mumbai, Oct. 7 -- The scrip was listed at Rs 154.20, a premium of 38.92% compared with the initial public offer (IPO) price.

The counter hit a high of Rs 57.60 and a low of Rs 54.72. About 27.65 lakh shares of the company changed hands at the counter

Suba Hotels' IPO was subscribed 0.57 times. The issue opened for bidding on 29 September 2025 and it closed on 1 October 2025. The price of the IPO was fixed at Rs 75 per share.

The IPO comprised a fresh issue of 67,99,200 equity shares.

The company intends to utilize the net proceeds for funding capital expenditure requirements towards upgrading and last-mile funding of hotel premises and for general corporate purposes.

Ahead of the IPO, Suba Hotels, on 26 September 2025, raised Rs 21.2...