Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

Smartkarma

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Lemon Tree Hotels Ltd / Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/26159" target="_blank" data-smartkarma-citation="entities:26159:1">Lemon Tree Hotels Ltd (778410Z IN)</a> plans to raise US$160m in its IPO via a sell down of share by its financial investors, led by Warburg Pincus.</p><p>We had covered the deal in our earlier write-up, <a href="https://www.smartkarma.com/insights/lemon-tree-hotels-pre-ipo-review-moving-up-the-value-chain-within-its-segment" target="_blank">Lemon Tree Hotels Pre-IPO Review - Moving up the Value Chain Within Its Segment</a>. In this insight, we will run the deal through our IPO framework, comments on updates since the last filing and compare the company's operations with some of its listed peers.</p>

Lemon Tree Hotels Ltd (778410Z IN) plans to raise US$160m in its IPO via a sell down of share by its financial investors, led by Warburg Pincus.We had covered the deal in our earlier write-up, Lemon Tree Hotels Pre-IPO Review - Moving up the Value Chain Within Its Segment. In this insight, we will run the deal through our IPO framework, comments on updates since the last filing and compare the company's operations with some of its listed peers.

Lemon Tree Hotels IPO - A Lot to like but Valuation Isn't on the List

India

Taj GVK Hotels and Resorts Ltd. owns and operates hotels in the southern Indian city of Hyderabad. The Company is a member of the Taj Group of Hotels.

TAJGVK Hotels & Resorts (TAJG IN)

Lemon Tree Hotels IPO - A Lot to like but Valuation Isn't on the List

Lemon Tree Hotels Ltd (778410Z IN) plans to raise US$160m in its IPO via a sell down of share by its financial investors, led by Warburg Pincus.We...

Sumeet Singh