Upcoming
0
IPO Score
0
*Score varies on actual price

Hotel Polo Towers Limited is a company that develops, owns, operates and manages a chain of upscale and mid‑scale hotels and resorts across Northeast, East and North India under the brand name “Polo” and “Max”. It also offers MICE facilities – with multiple event and banquet spaces and operates both accommodation and food‑and‑beverage (F&B) services, diversifying its revenue streams beyond lodging.

Hotel Polo Towers Limited was incorporated on 7 February 1986.Mr. Deval Tibrewalla is the MD & CEO of the company.

It develops, owns, operates and manages a chain of upscale and mid‑scale hotels and resorts under the “Polo” and “Max” brands, along with cafés/restaurants and banquet/MICE services.It operates 9 hotels/resorts with an aggregate inventory of 425 keys, plus 17 on‑premise cafés/restaurants and two standalone cafés.

Subscription date to apply for Hotel Polo Towers Limited is yet to be announced. Price band for the IPO is also pending to be declared.

Revenue, PAT, EBITDA
Year
2025
Networth
₹ 112.1 Cr
Revenue
₹ 118 Cr
EBITDA
₹ 55.1 Cr
PAT
₹ 22.1 Cr
EBITDA Margin
~44.60%
PAT Margin
~17.87%
Face Value
Rs.02 per Equity Share
IPO Important Dates
#
Date
Open Date
TBA
Close Date
TBA
Anchor Investor Bidding
TBA
Allotment Date
TBA
Refunds& Demat Credit
TBA
Tentative Listing Date
TBA
Use Of Proceeds
Purpose
Amount
Borrowing payment
~ ₹ 36.29 Cr
Establishing 2 New projects
Establishing 2 New projects ~ ₹ 75.517 Cr
Upgrading Existing Hotels
~ ₹ 35.06 Cr
Investment in Subsidiaries
~ ₹ 42.04 Cr
-
-
General Corporate Purpose
Balance
Financial Data
#
2023
2024
2025
Revenue (₹ Cr)
₹ 87.1
₹ 89.9
₹ 118.0
PAT (₹ Cr)
₹ 13.1
₹ 12.0
₹ 22.1
Asset (₹ Cr)
₹ 229.6
₹ 250.5
₹ 269.4
Net Worth (₹ Cr)
₹ 85.1
₹ 101.8
₹ 112.1
IPO Grey Market Premium
Date
IPO Price
IPO GMP
Profit Per Lot
17 July
₹ –
₹ –
₹ –
16-July
₹ –
₹ –
₹ –
15-July
₹ –
₹ –
₹ –
14-July
₹ –
₹ –
₹ –
13-July
₹ –
₹ –
₹ –
Promoters – Pre offer equity (Approx)
Promoters
% Shares
Kishan Tibrewalla
~31.29%
Prem Tibrewalla
~24.15%
Deval Tibrewalla
~23.30%
Kishan Tibrewalla HUF
~21.26%
-
-
-
-
Lot Size details
Application Type
Lot Size
No. of Lot
No. of Shares
Investment Amount
Retail (Min)
1
₹ –
Retail (Max)
13
₹ –
HNI (Min)
14
₹ –
HNI (Max)
66
₹ –
Big HNI (Min)
67
₹ –
  • It develops, owns, operates and manages a chain of upscale and mid‑scale hotels and resorts under its “Polo” and “Max” brands, across Northeast, East and North India — plus cafés/restaurants and banquet/MICE services.
  • Company is raising funds to expand or upgrade existing properties, fund new hotels/resorts, meet capital expenditure, repay debt, and support general corporate purposes.
  • IPO proposes a fresh issue of up to ₹300 crore plus an Offer-for-Sale of up to 71.2 lakh shares. It will be listed on the BSE & NSE platform.
  • The risks to invest in the IPO include heavy reliance on regional and tourism‑dependent demand, sensitivity to seasonality and connectivity and cost‑intensive expansions.
  • The positives of investing in it includes its business hold in Northeast India in hotel group by having large number of hotels, a diversified hospitality‑plus‑F&B/MICE business mix, improving profitability and strong growth potential as tourism and regional infrastructure improve.
  • You can apply in the IPO via your demat account/broker or ASBA facility during the subscription window once dates are announced.
  • Expected listing date is yet to announced.

JOIN OUR SOCIAL-MEDIA PLATFORMS TO STAY UPDATED

Click/Scan the QR to join us on X Platform
Click/Scan the QR to join us on INSTAGRAM
Click/Scan the QR to join us on FACEBOOK
Click/Scan the QR to join us on TELEGRAM

Checkout more upcoming IPO's