{"id":357,"date":"2018-03-21T00:18:48","date_gmt":"2018-03-20T18:48:48","guid":{"rendered":"http:\/\/www.bazaarindicator.com\/news\/?p=357"},"modified":"2018-03-21T00:18:48","modified_gmt":"2018-03-20T18:48:48","slug":"lemon-tree-raise-inr-1000-cr-via-initial-public-offering-open-new-hotels","status":"publish","type":"post","link":"http:\/\/www.bazaarindicator.com\/news\/lemon-tree-raise-inr-1000-cr-via-initial-public-offering-open-new-hotels\/","title":{"rendered":"Lemon Tree to Raise INR 1000 Cr. via Initial Public Offering to Open New Hotels"},"content":{"rendered":"<p style=\"text-align: justify;\">The Delhi-based company Lemon Tree will raise INR 1000 Cr. through an IPO to open new Hotels in India. The Initial Public Offering (IPO) will open on March 26 and represents 23.59% of the equity share capital of the Lemon Tree Company. Let\u2019s have a look at the IPO details:<\/p>\n<p><strong>Issue Open:<\/strong> March 26 &#8211; March 28, 2018<\/p>\n<p><strong>Issue Size:<\/strong> 185,479,400 Equity Shares<\/p>\n<p><strong>Issue Price:<\/strong> INR 54 &#8211; 56 \/ Equity share<\/p>\n<p><strong>Minimum Order Quantity:<\/strong> 265 Shares<\/p>\n<p><strong>Listing at:<\/strong> BSE, NSE<\/p>\n<p><strong>About Lemon Tree:<\/strong><\/p>\n<p style=\"text-align: justify;\">Incorporated in 1992, Lemon Tree Hotels is the India\u2019s biggest hotel chain in the mid-priced hotel sector and its hotels are located across India, in metro cities including Bengaluru, the NCR, Chennai and Hyderabad as well as the tier I and tier II cities like Ahmedabad, Pune, Jaipur, Indore, Chandigarh and Aurangabad.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Delhi-based company Lemon Tree will raise INR 1000 Cr. through an IPO to open new Hotels in India. The&hellip;<\/p>\n","protected":false},"author":1,"featured_media":358,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lemon Tree to Raise INR 1000 Cr. via Initial Public Offering to Open Hotels<\/title>\n<meta name=\"description\" content=\"The Delhi-based company Lemon Tree will raise INR 1000 Cr. through an IPO to open new Hotels in India. The Initial Public Offering (IPO) will open on March 26 and represents 23.59% of the equity share capital of the Lemon Tree Company.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.bazaarindicator.com\/news\/lemon-tree-raise-inr-1000-cr-via-initial-public-offering-open-new-hotels\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lemon Tree to Raise INR 1000 Cr. via Initial Public Offering to Open Hotels\" \/>\n<meta property=\"og:description\" content=\"The Delhi-based company Lemon Tree will raise INR 1000 Cr. through an IPO to open new Hotels in India. 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