positive
Recently
Hotel Polo Towers submits DRHP with SEBI ahead of IPO listing
Hotel Polo Towers filed DRHP with SEBI, planning expansion into Tier-II markets amid growing hospitality IPO interest.
Hotel Polo Towers, a hospitality and real estate group, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a proposed IPO. The filing was submitted on October 10, 2025, under SEBI’s public issues section. The company plans to use the proceeds to expand its hotel chain across Tier-II and Tier-III cities and repay outstanding borrowings. The IPO will test investor appetite in India’s hospitality sector following recent listings by Chalet Hotels and Lemon Tree.