Pride Hotels IPO Description – Pride Hotels and Resorts Limited operates a diversified hospitality portfolio under a four-brand architecture—Pride Plaza, Pride Premier, Pride Elite and Biznotel by Pride—addressing multiple demand segments across India. The company’s anchor brand, Pride Plaza, is positioned in the upscale segment and caters to high-income business and leisure travellers through premium design, personalised service and strategic urban locations. Pride Premier operates in the upper-midscale segment, focusing on accessibility and value across key metros and regional hubs, while Pride Elite and Biznotel by Pride serve the midscale leisure and business-transit segments, respectively, with a strong regional and short-stay orientation.
As of Fiscal 2025, the company’s portfolio comprised 31 hotels across 29 cities with 2,567 keys, reflecting strong expansion from 18 hotels and 1,834 keys in Fiscal 2023. The owned portfolio remained stable at seven hotels with 1,136 keys, while the managed portfolio scaled to 24 hotels across 23 cities, underscoring the Company’s asset-light growth strategy.056 million in Fiscal 2025, while PAT increased to INR 835 million. As of 31 March 2025, the workforce comprised 1,353 permanent employees, and utilised the services of 145
contract labourers.
Promoters of Pride Hotels – Sureshchand Premchand Jain, Satyen Suresh Jain, Meena Sureshchand Jain, A.S.P. Enterprises Private Limited, Kopra Estate Private Limited, Pride Plaza Private Limited, And The Executive Inn Limited
Pride Hotels IPO Details
| Pride Hotels IPO Dates | Coming soon |
| Pride Hotels Issue Price | Coming soon |
| Fresh Issue | INR 260 crore |
| Offer For Sale | 3,92,39,446 shares |
| Total IPO Size | Coming soon |
| Minimum Bid (Lot Size) | Coming soon |
| Pre-issue Shares | Coming soon |
| Face Value | INR 5 per share |
| Listing On | NSE, BSE |
Pride Hotels IPO Allocation in Different Categories
Pride Hotels Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 246.19 | 270.04 | 305.62 |
| Expenses | 192.65 | 191.11 | 204.70 |
| Net Income | 37.66 | 66.03 | 83.51 |
| Margin (%) | 15.30 | 24.45 | 27.32 |
Pride Hotels Offer News
Pride Hotels Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2025 (Post-Issue) | |
| EPS | 2.03 | 3.56 | 4.50 | – |
| PE Ratio | – | – | – | – |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 13.97 | 19.67 | 20.00 |
| Price/Book Ratio | – | – | – |
| Current Ratio | – | – | 0.70 |
| Price/Sales Ratio | – | – | |
| NAV | 22.50 | 18.08 | 14.52 |
| ROCE (%) | 16.31 | 18.74 | 19.18 |
| EBITDA (%) | 38.97 | 46.85 | 47.07 |
| Debt/Equity | 0.31 | 0.14 | 0.04 |
Evaluate the quality of an IPO using these essential investing ratios to make an informed decision.
Pride Hotels IPO Anchor Investors
Pride Hotels raises () from anchor investors. Pride Hotels 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 |
Pride Hotels IPO GMP Today (Daily Trend)
Pride Hotels Offer Objectives
The company proposes to utilize net proceeds from the issue towards the following objects:
- Gross proceeds of the fresh issue – INR 260 crore
- Funding capital expenditure towards renovation of existing hotels – INR 15.97 crore
- Repayment and prepayment in full of part of certain borrowings – INR 40 crore
- General Corporate Purposes
Pride Hotels IPO Subscription – Live Updates
Coming soon
() shares allotted to anchor investors are not included in these calculations.
Pride Hotels – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Pride Hotels | – | 4.50 | 20.00 | 22.50 | 305.62 |
| Indian Hotels | 87.83 | 13.4 | 17.96 | 79.70 | 8,334.54 |
| ITC Hotels | 77.69 | 3.05 | 5.74 | 53.36 | 3,559.81 |
| Schloss Bangalore | 212.97 | 1.97 | 0.82 | 209.70 | 1,300.57 |
| Lemon Tree Hotels | 69.88 | 2.48 | 14.91 | 20.60 | 1,286.08 |
Pride Hotels IPO Allotment Status
You can check Pride Hotels IPO allotment status on KFin Technologies website. Click on this link to get the allotment status. Often not getting IPO allotment? Learn how to improve your IPO allotment chances.
Pride Hotels 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 |
| Pride Hotels IPO Listing Date | Coming soon |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Pride Hotels IPO Reviews – Subscribe or Avoid?
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Pride Hotels IPO Lead Manager
MOTILAL OSWAL INVESTMENT ADVISORS LIMITED
Motilal Oswal Tower, Rahimtullah Sayani Road,
Opposite Parel ST Depot, Prabhadevi, Mumbai -400025, Maharashtra, India
Tel: +91 2271934380
E-mail: [email protected]
Website: www.motilaloswalgroup.com
Pride Hotels Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032
Tel: +91 40 6716 2222
E-mail: pride.ipo@ kfintech.com
Website: www.kfintech.com
PRIDE HOTELS LIMITED
Asset 5A, Hospitality District, Delhi Aerocity,
Indira Gandhi International Airport, New Delhi- 110037, India
Tel: +91 22 4037 2414
E-mail: [email protected]
Website: www.pridehotel.com
IPO Resources
How many shares in Pride Hotels IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in Pride Hotels Public Offer?
What is Pride Hotels IPO GMP today?
Pride Hotels IPO GMP today is INR NA per share.
What is Pride Hotels kostak rate today?
Pride Hotels kostak rate today is INR NA per application.
What is Pride Hotels Subject to Sauda rate today?
Pride Hotels Subject to Sauda rate today is INR NA per application.
Krishna comes from a family of investors and financial analysts, She learnt wading through regulatory filings pretty early in her career. She has several years of experience in financial and industry analysis under her belt. At IPO Central, Krishna plays twin roles of Contributor and Head of research desk.
