Suba Hotels Limited Brings Global Hospitality to the Sacred City of Ayodhya with the Launch of Quality Inn Rama

Mumbai, October , 2025 - Suba Hotels Limited one of India’s leading domestic hotel chains in the hospitality segment, proudly announces the opening of Quality Inn Rama, Ayodhya, a landmark property that beautifully unites Ayodhya’s spiritual legacy with the global hospitality excellence of the Quality Inn brand, one of the world’s largest hotel chains.

This marks Suba Hotel’s second property in Ayodhya, following the success of its Click Hotel, and underscores the company’s continued expansion across India’s key pilgrimage and cultural destinations.

By bringing the Quality Inn brand to Ayodhya, Suba Hotels has created a destination where faith, comfort, and international hospitality converge. The property offers travellers — from pilgrims to families and business guests — a sanctuary of calm and modernity amid one of India’s most revered cities.

The launch of Quality Inn Rama is part of Suba Hotels broader strategy to strengthen its presence in Northern India’s pilgrimage and heritage circuit, offering travellers a unified brand experience across key destinations.

Management Perspective        

Commenting on the launch, Mr. Mansur Mehta, Managing Director, Suba Hotels Limited, said:

“Ayodhya is not merely a city - it’s a symbol of faith and heritage that connects millions of devotees. With the opening of Ǫuality Inn Rama, we are proud to bring international hospitality standards to this sacred destination, blending spiritual warmth with modern comfort.”

Adding further, Mr. Mubeen Mehta, CEO, Suba Hotels Limited, stated:

“We are creating a spiritual circuit across Uttar Pradesh with our presence in Varanasi, Vrindavan, Ayodhya, and Prayagraj. Soon, we will introduce a unified travel package that allows pilgrims to journey across these holy cities while experiencing our signature hospitality at every stop.”


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.