Hotel Polo Towers Limited IPO Details

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Hotel Polo Towers IPO DRHP (Draft Red Herring Prospectus) has been Filed With SEBI.

Offer for Sale consists of 71,20,030 shares (aggregating up to ₹0.00 Cr.).

The Lead Managers for Hotel Polo Towers IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Equirus Capital Private Limited, Motilal Oswal Investment Advisors Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Hotel Polo Towers Limited DRHP.

Hotel Polo Towers IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹2 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
57873000
Share holding post issue
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
71,20,030 shares (aggregating up to ₹0.00 Cr.)
DRHP Status
Filed With SEBI

Hotel Polo Towers IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Hotel Polo Towers IPO Reservation

Promoter Holding

Pre Issue:100%
Post Issue:-
Promoter Names:
Kishan Tibrewalla, Prem Tibrewalla, Deval Tibrewalla, Kishan Tibrewalla HUF

Documents

Hotel Polo Towers IPO Valuations

ROCE:15.90%
RONW:19.70%
PAT MARGIN:17.87%

Hotel Polo Towers Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets269.38250.47229.58
Total Income123.6296.7787.53
Profit After Tax22.0912.0013.13
EBITDA55.1435.8035.06
NET Worth112.14101.7785.14
Reserves and Surplus111.7297.8685.14
Total Borrowing48.3356.7756.31
Amount in ₹ Crore

About Hotel Polo Towers IPO

Incorporated in 1986, Hotel Polo Towers Ltd. develops, owns, operates, and manages a chain of upscale and midscale hotels and resorts in Northeast, East, and North India under the ‘Polo’ and ‘Max’ brands.

As of August 31, 2025, the company’s hospitality portfolio includes nine operational hotels and resorts with a total of 425 keys, 17 on-premise cafés and restaurants, and two standalone cafés. It also operates 34 event and banquet spaces catering to meetings, incentives, conferences, and exhibitions (MICE).

Food and beverage (F&B) services form a core part of the business, generating stable revenues by serving both in-house guests and local community demand for organized dining.

The company is expanding its portfolio under two brand identities: the established “Polo” brand and the new “Chapter Hotels by Polo” brand, a boutique offering designed to deliver intimate, experiential stays. Upcoming properties include Polo Kohima and Polo Dimapur in Nagaland, Chapter Shillong, Chapter Nongkhlaw, Chapter Cherrapunjee (Sohra) in Meghalaya, and Polo Planters Lodge Resort in Dooars, West Bengal.

Over the years, Hotel Polo Towers has expanded its presence with hotels in Tura, Meghalaya, and Agartala, Tripura, along with resorts in Cherrapunjee (Sohra), Meghalaya, and Agartala, Tripura.

As of August 31, 2025, the company employed 630 permanent employees.

Strength Of Hotel Polo Towers IPO

To be announced

Risk Of Hotel Polo Towers IPO

To be announced

Objectives Hotel Polo Towers IPO

1. Part-financing for the cost of establishment, expansion and upgradation of the existing properties: Lake Side Resort Project and Dimapur Project” together with Lake Side Resort Project referred as “Projects

2. Financing the capital expenditure requirements of the Company

3. Investment in the Subsidiaries for capital expenditure requirements

4. Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company

5. Investment in the Subsidiary, HPT Orchid Resort, for repayment/prepayment, in part or full, of certain outstanding borrowings availed by the HPT Orchid Resort; and

6. Funding inorganic growth through unidentified acquisitions and general corporate purposes

Company Contact Details

Hotel Polo Towers Ltd.
Hotel Polo Towers
Polo Grounds
Shillong, Meghalaya, 793001
Phone: +91 33 4814 7157
Email: cs@hotelpolotowers.co
Website: https://www.hotelpolotowers.com/

Registrar Contact Details

Name: MUFG Intime India Private Limited
Phone: +91-22-4918 6270

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