Bharat Hotels picks consolidation over IPO; LaLiT pivots asset-light with Ahmedabad anchor
The LaLiT parent will defer its ₹1,200 cr IPO by 2-3 years, focusing on a 250-room Ahmedabad build (₹150-200 cr capex, 2030 open) and asset-light LaLiT Traveller management contracts in smaller cities. FY25 net sales hit ₹906.7 cr with ₹384.8 cr operating profit across 12 owned hotels.
Bharat Hotels, owner of The LaLiT, is prioritising consolidation and asset-light growth via management contracts and JDAs under LaLiT Traveller in smaller cities, with a 250-room Ahmedabad property underway and IPO revival planned in 2-3 years.