Suba Hotels IPO Receives Historic Anchor Participation; Ashish Kacholia, Mukul Agrawal, Sunil Singhania’s Fund and Capri Global Among Key Backers

Suba Hotels IPO Receives Historic Anchor Participation; Ashish Kacholia, Mukul Agrawal, Sunil Singhania’s Fund and Capri Global Among Key Backers

Mumbai, September 26, 2025 – Suba Hotels Limited, one of India’s fastest-growing mid-market hospitality chains, has created history with its Anchor Investor Book fully subscribed at the upper price band of ₹111 per share, ahead of its Initial Public Offering (IPO) opening on September 29, 2025.

The Company successfully raised ₹21.29 crore through the anchor allocation of 19,17,600 equity shares, marking a milestone with the participation of three of India’s most celebrated investors — Bengal Finance & Investment Pvt. Ltd. (Ashish Kacholia), Mukul Agrawal, and Sunil Singhania (via Bharat Venture Opportunities Fund), alongside Capri Global and other reputed institutions.
This collective participation of marquee investors in a single anchor round is a rare occurrence in the SME IPO space, underscoring strong conviction in Suba Hotels’ growth potential, asset-light business model, and nationwide expansion strategy.

Anchor Investors Allocation (Price ₹111/- per equity share)
Total Anchor Book: 19,17,600 equity shares allotted, raising ₹21.29 crore.