Sam Zell-backed SAMHI Hotels gets SEBI nod to float IPO

VCCircle | Dec 2, 2019 at 8:10 PM
  • Gurugram-based SAMHI Hotels Ltd, which owns the largest number of Marriot, IHG and Hyatt hotels in India, has received regulatory nod to float an initial public offering (IPO).
  • The offering also includes a secondary sale by Equity International, IFC, GTI Capital and Goldman Sachs.
  • Lemon Tree has a market capitalisation of around Rs 4,836.66 crore while Chalet commands a market capitalisation of Rs 7,080.50 crore.