Larisa Hotels & Resorts IPO Details

SME

Larisa Hotels & Resorts IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

Larisa Hotels & Resorts IPO total issue size comprises 36,72,000 shares . This includes a fresh issue of 36,72,000 shares . Pre-issue shareholding stands at 1,01,85,710, which will increase to 1,38,57,710 post-issue.

The Lead Managers for Larisa Hotels & Resorts 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 Unistone Capital Pvt Ltd. 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 Larisa Hotels & Resorts Limited DRHP.

Larisa Hotels & Resorts IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Share holding pre issue
1,01,85,710 shares
Share holding post issue
1,38,57,710 shares
Total Issue Size
36,72,000 shares
Fresh Issue
36,72,000 shares
Offer for Sale
shares
DRHP Status
Filed with Exchange

Larisa Hotels & Resorts IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Larisa Hotels & Resorts IPO Reservation

Promoter Holding

Pre Issue:76.98%
Post Issue:-
Promoter Names:
Priya Thakur

Documents

Larisa Hotels & Resorts IPO Valuations

ROE:5.42%
ROCE:4.59%
Debt/Equity:0.64
RoNW:5.42%
PAT Margin:13.15%
EBITDA Margin:30.79%

Larisa Hotels & Resorts Financial Information

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets36.1333.6025.8820.28
Total Income7.1924.9021.4918.69
Profit After Tax0.914.002.090.06
EBITDA2.208.485.312.60
NET Worth19.4315.255.561.85
Reserves and Surplus8.4314.374.711.80
Total Borrowing12.3712.5716.5316.74
Amount in ₹ Crore

About Larisa Hotels & Resorts IPO

Larisa Hotels & Resorts operates in the hospitality sector, engaged in the management and operation of hotels under lease, management, and revenue-sharing models. The company provides end-to-end hospitality solutions with a focus on maintaining high service standards, enhancing guest satisfaction, and optimizing revenue performance.

The company’s portfolio includes resorts, villas, cottages, and premium restaurants and bars, with an emphasis on luxury offerings and sustainable hospitality practices. Its diversified asset-light operating models enable scalable and capital-efficient growth across multiple geographies.

In November 2024, Larisa Hotels & Resorts acquired 22 managed properties, along with the AM Hotel Kollection brand, significantly strengthening its brand portfolio and operational scale. The company’s total hotel inventory has expanded from 11 keys in 2019 to 715 keys across 25 operational properties in 9 states, as of the DRHP.

The company operates under multiple brands, including LaRiSa, AM Hotel Kollection, and 8fold by LaRiSa, catering to varied guest preferences across mountain, beach, nature, heritage, and urban destinations. This multi-brand strategy, combined with diversified operating models, supports capital-efficient expansion.

As part of its growth strategy, the company has a development pipeline of 10 upcoming properties comprising 291 keys. These include planned hotel projects in Lucknow, Kanha National Park, and Nubra Valley.

Larisa Hotels & Resorts operates its hotels under four distinct business models:

  • Leasehold model
  • Revenue-sharing model
  • Managed properties model
  • Sales and marketing model

Strength Of Larisa Hotels & Resorts IPO

To be announced

Risk Of Larisa Hotels & Resorts IPO

To be announced

Objectives Larisa Hotels & Resorts IPO

1. Capital Expenditure requirements towards upgradation, refurbishment, expansion and renovation of hotel properties

2. Investment in the form of loan to subsidiary for construction of hotel premises

3. General Corporate Purpose

Company Contact Details

Unit No 402, 4th Floor, Merlin Matrix, Street No 10, DN Block, Sector-5, Biddhan nagar, CK Market, Saltlake
North 24 Parganas district, West Bengal , 700091
Phone: +91- 9999240590
Email: cs@larisaresort.com
Website: https://larisahotelsandresorts.com/

Registrar Contact Details

Name: Maashitla Securities Pvt Ltd
Phone: +91-11-45121795, +91-11-45121796

Market Maker

To be announced

Larisa Hotels & Resorts IPO - FAQs

The Larisa Hotels & Resorts IPO is a SME public issue comprising 3672000 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is shares.

The IPO opens for subscription on TBA, and closes on TBA.

Maashitla Securities Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Larisa Hotels & Resorts IPO opens on TBA.

Larisa Hotels & Resorts IPO lot size is , and the minimum amount required for application is ₹.

You may apply for the Larisa Hotels & Resorts IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Larisa Hotels & Resorts IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Larisa Hotels & Resorts IPO allotment status for updates.

The listing date for the Larisa Hotels & Resorts IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Larisa Hotels & Resorts IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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