Bharat Hotels PRE-IPO Unlisted shares

Bharat Hotels IPO
Bharat Hotels files IPO papers and IPO coming soon

Bharat Hotels Limited runs five-star properties under The LaLiT brand. Its is one of the leading hospitality chains in India.  The company has already filed a DRHP with Sebi and is very soon going to launch its IPO.

For buying shares of Bharat Hotels or any other companies, please call on 8108303330 

Company profile

Bharat Hotels offers twelve luxury Hotels, Places & Resorts and two mid market segment hotels under The LaLiT Traveller brand offering 2261 rooms. In addition, it also holds the exclusive management rights to operate hotel in London offering 70 rooms.

Bharat Hotels Ltd Unlisted Shares Profile
ISIN CODE : INE466A01015
INDUSTRY : HOTEL, RESORT & RESTAURANTS
Address : Barakhamba Lane, New Delhi,
Email : bhlipo@thelalit.com Website : http://www.thelalit.com

IPO 

Shares of Bharat Hotels are available at attractive rates. IPO is coming soon as per company got Sebi approval in October 2018. The company had filed its DRHP on 29 June. The IPO comprises a fresh issue of shares worth Rs 1,200 crore. For buying shares of Bharat Hotels or any other companies, please call on 8108303330

HDFC Bank, Edelweiss Financial Services and YES Securities are the merchant bankers managing the IPO.

Financials of Bharat Hotels Consolidated (Figs in Rs Cr)

Parameter Mar-19 Mar-18 YoY % Change
Operating Income 784.12 737.98 6.25
     Rooms / Restaurant / Banquets 370.91 349.87 6.01
     Communication Services NA NA NA
     Food & Beverages 328.95 305.05 7.83
     Other Operational Income 84.26 83.07 1.43
Less: Excise Duty NA 0.09 NA
Operating Income (Net) 784.12 737.9 6.26
EXPENDITURE : NA NA NA
Total Expenditure 555.46 525.33 5.74
Operating Profit (Excl OI) 228.66 212.57 7.57
Other Income 33.46 22.96 45.73
Operating Profit 262.12 235.52 11.29
Interest 154.6 142.7 8.34
PBDT 107.53 92.83 15.84
Depreciation 87.79 84.77 3.56
Profit Before Taxation & Exceptional Items 19.74 8.06 144.91
Profit Before Tax 19.74 8.06 144.91
Profit After Tax 28.43 83.88 -66.11
Minority Interest 11.62 -8.84 231.45
Consolidated Net Profit 40.06 75.04 -46.62
Earnings Per Share 5 10 -50
Equity Dividend % 10 10 0

Jyotsna Suri

Delhi-based Bharat Hotels Limited has grown from a reasonable small size group to a lavish group of chains with five star luxury properties named as The Lalit brand. Chairperson and Managing Director of the hotel firm, Dr. Jyotsna Suri is a driving force wherein after the demise of her husband Lalit Suri, she took over the brand in 2006 as the CMD. Since then there is no looking back. In June 2019, Jyotsna Suri, got the BW Most Influential Woman of India.

In 2008, Jyotsna Suri changed the name of the group to The Lalit after her husband’s name. She works with persistence while driving the brand as a leading name in the industry. She holds majors in English from Delhi University along with an honorary degree from the University of Warwick, UK.

Best hotel in Mahabaleshwar

Bharat Hotels in Mahabaleshwar is the best hotel located at Tapola Rd, Near New Lake, Mahabaleshwar, Maharashtra. It is a perfect blend of nature and luxury with modern amenities.

Various media organizations tag her as the ‘Queen of the Hospitality Industry’ or a ‘Hotel Heiress’ due to her consistent dedication and fabulous growth of the luxury properties and its fantastic services. Bharat Hotels was incorporated in January 1981. Right from Srinagar in North to Kerala in South, the group has made its presence across the country. Recently, they opened an international branch at London.

Outlook 

Bharat Hotels is one of the leading hospitality chains in India. Peers of Bharat Hotels are Indian Hotels, EIH Ltd, Chalet Hotels etc.

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