Bharat Hotels picks consolidation over IPO; LaLiT goes asset-light before ₹1,200 cr listing revival
The LaLiT parent will defer its shelved ₹1,200 cr IPO by 2-3 years, focusing on management contracts under LaLiT Traveller in smaller cities and a 250-room Ahmedabad build by 2030. FY25 net sales hit ₹906.7 cr with ₹384.8 cr operating profit across 12 owned hotels, with 70% domestic travellers anchoring demand.
Bharat Hotels, owner of The LaLiT, is prioritising consolidation and asset-light expansion via management contracts under LaLiT Traveller in smaller cities, developing a 250-room Ahmedabad property, and plans to revive its ₹1,200 crore IPO in 2-3 years.