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Hotel Polo Towers IPO IPO

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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets269.38250.47229.58
Total Income123.6296.7787.53
Profit After Tax22.0912.0013.13
EBITDA55.1435.8035.06
NET Worth112.14101.7785.14
Reserves and Surplus111.7297.8685.14
Total Borrowing48.3356.7756.31
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Suba Hotels Ltd.SME₹75.47 Cr₹11112.78₹161.90+45.86%₹107.05 (-0.33%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Part-financing for the cost of establishment, expansion and upgradation of the existing properties: Lake Side Resort Project and Dimapur Project” together with Lake Side Resort Project referred as “Projects75.52
2Financing the capital expenditure requirements of the Company35.06
3Investment in the Subsidiaries for capital expenditure requirements27.04
4Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company36.30
5Investment in the Subsidiary, HPT Orchid Resort, for repayment/prepayment, in part or full, of certain outstanding borrowings availed by the HPT Orchid Resort; and14.99
6Funding inorganic growth through unidentified acquisitions and general corporate purposes

About Hotel Polo Towers IPO

Incorporated in 1986, Hotel Polo Towers Ltd. develops, owns, operates, and manages a chain of upscale and midscale hotels and resorts in Northeast, East, and North India under the ‘Polo’ and ‘Max’ brands. As of August 31, 2025, the company’s hospitality portfolio includes nine operational hotels and resorts with a total of 425 keys, 17 on-premise cafés and restaurants, and two standalone cafés. It also operates 34 event and banquet spaces catering to meetings, incentives, conferences, and exhibitions (MICE). Food and beverage (F&B) services form a core part of the business, generating stable revenues by serving both in-house guests and local community demand for organized dining. The company is expanding its portfolio under two brand identities: the established “Polo” brand and the new “Chapter Hotels by Polo” brand, a boutique offering designed to deliver intimate, experiential stays. Upcoming properties include Polo Kohima and Polo Dimapur in Nagaland, Chapter Shillong, Chapter Nongkhlaw, Chapter Cherrapunjee (Sohra) in Meghalaya, and Polo Planters Lodge Resort in Dooars, West Bengal. Over the years, Hotel Polo Towers has expanded its presence with hotels in Tura, Meghalaya, and

Contact Details

Hotel Polo Towers Ltd. AddressHotel Polo TowersPolo GroundsShillong, Meghalaya, 793001+91 33 4814 7157cs@hotelpolotowers.coVisit Website