Hotel Polo Towers IPO Description – Hotel Polo Towers is a leading hospitality player focused on developing, owning, operating, and managing upscale and midscale hotels and resorts under the “Polo” and “Max” brands across Northeast, East, and North India. With a legacy of over 35 years, it has emerged as the largest hotel group in Northeast India by number of hotels as of March 2025, operating nine hotels and resorts with 425 keys, alongside 19 cafés and restaurants and 34 banquet and event spaces.
The company has built a strong regional presence through landmark properties such as Hotel Polo Towers in Shillong and Agartala, Polo Orchid Resort in Cherrapunjee, and Polo Floatel in Kolkata, India’s only full-fledged floating hotel. Its business model is diversified across room revenue, food & beverage (F&B), banquets, outdoor catering, spa services, and MICE events. In FY25, F&B contributed 45.3% of total operating revenue, reflecting the strength of its non-room revenue streams. As of 31 August 2026, the company has 630 permanent employees.
Promoters of Hotel Polo Towers – Kishan Tibrewalla, Prem Tibrewalla, Deval Tibrewalla, And Kishan Tibrewalla HUF
Hotel Polo Towers IPO Details
| Hotel Polo Towers IPO Dates | Coming soon |
| Hotel Polo Towers Issue Price | Coming soon |
| Fresh Issue | INR 300.0 crore |
| Offer For Sale | 71,20,030 shares |
| Total IPO Size | Coming soon |
| Minimum Bid (Lot Size) | Coming soon |
| Pre-issue Shares | *** shares |
| Face Value | INR 2 per share |
| Listing On | NSE, BSE |
Hotel Polo Towers IPO Allocation in Different Categories
Hotel Polo Towers Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 87.12 | 89.93 | 117.97 |
| Expenses | 70.63 | 80.69 | 93.31 |
| Net Income | 13.13 | 12.00 | 22.09 |
| Margin (%) | 15.07 | 13.34 | 18.73 |
Hotel Polo Towers Offer News
Hotel Polo Towers Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2026* (Post-Issue) | |
| EPS | 2.27 | 2.01 | 3.47 | – |
| PE Ratio | – | – | – | – |
| Price/Sales Ratio | – | – | – | – |
| Price/Book Ratio | – | – | – | – |
| Current Ratio | – | – | – | – |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 15.43 | 11.80 | 19.70 |
| NAV | 14.71 | 17.58 | 19.38 |
| ROCE (%) | 12.20 | 11.13 | 15.90 |
| EBITDA (%) | 40.05 | 36.99 | 44.60 |
| Debt/Equity | 0.65 | 0.55 | 0.43 |
Evaluate the quality of an IPO using these essential investing ratios to make an informed decision.
Hotel Polo Towers IPO Anchor Investors
Hotel Polo Towers raises () from anchor investors. Hotel Polo Towers Anchor bid date is ().
| Bid Date | Coming soon |
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
Hotel Polo Towers IPO GMP Today (Daily Trend)
Hotel Polo Towers Offer Objectives
The company proposes to utilize net proceeds from the issue towards the following objects:
- Part-financing for the cost of establishment, expansion and upgradation of its existing properties – INR 75.52 crore
- To finance the capital expenditure requirements of the company – INR 35.06 crore
- Investment in the subsidiaries, Woodstock Resort, Manor Floatel, and HPT Orchid, for capital expenditure requirements – INR 27.04 crore
- Pre-payment/Re-payment, in part/full, of certain outstanding borrowings availed by the company – INR 36.30 crore
- Investment in subsidiary, HPT Orchid Resort, for repayment/prepayment, in part/full, of certain outstanding borrowings availed by the subsidiary – INR 14.99 crore
- Inorganic growth and general corporate purposes
Hotel Polo Towers IPO Subscription – Live Updates
Coming soon
() shares allotted to anchor investors are not included in these calculations.
Hotel Polo Towers – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV |
| Hotel Polo Towers | – | 3.47 | 19.70 | 19.38 |
| The Indian Hotels Company | 58.36 | 13.40 | 16.42 | 87.22 |
| ITC Hotels | 79.16 | 3.05 | 5.94 | 51.55 |
| EIH Limited | 34.00 | 11.82 | 16.23 | 75.86 |
| Lemon Tree Hotels | 69.41 | 2.48 | 13.59 | 22.60 |
Hotel Polo Towers IPO Allotment Status
You can check Hotel Polo Towers IPO allotment status on MUFG Intime India website. Click on this link to get the allotment status. Often not getting IPO allotment? Learn how to improve your IPO allotment chances.
Hotel Polo Towers IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| Hotel Polo Towers IPO Listing Date | Coming soon |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Hotel Polo Towers IPO Reviews – Subscribe or Avoid?
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Hotel Polo Towers IPO Lead Manager
EQUIRUS CAPITAL PRIVATE LIMITED
Unit No. 2601B, 26th Floor, A wing
Marathon Futurex, Mafatlal Mills Compound
N.M Joshi Marg, Lower Parel
Mumbai 400 013, Maharashtra, India
Phone:+91 22 4332 0736
Email: [email protected]
Website: www.equirus.com
Hotel Polo Towers Offer Registrar
MUFG INTIME (LINK INTIME) INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
HOTEL POLO TOWERS LIMITED
16th Floor, Biowonder,
Premises No. 789, Anandpur, EM Bypass,
Kolkata 700 107, West Bengal
Phone: +91 33 4814 7157
Email: [email protected]
Website: www.polohotelsandresorts.com
IPO Resources
How many shares in Hotel Polo Towers IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in Hotel Polo Towers Public Offer?
What is Hotel Polo Towers IPO GMP today?
Hotel Polo Towers IPO GMP today is INR NA per share.
What is Hotel Polo Towers Subject to Sauda rate today?
Hotel Polo Towers Subject to Sauda rate today is INR NA per application.
Rajat Bhati has a strong technical background and 5 years of experience in the stock market. He focuses on equity research, technical analysis, IPO valuations, and risk management, helping investors make clearer, data-backed decisions. Today, he works full-time to educate people about the opportunities in IPO market.
