Hotel Polo Towers IPO - Date, Price Band & Details

Incorporated in 1986, Hotel Polo Towers Limited has pioneered upscale hospitality across Northeast India, growing into the region's largest hotel group by property count. Headquartered in Shillong, Meghalaya, the company started its journey in 1991 with its landmark flagship property, Hotel Polo Towers, Shillong. Over the last three decades, it has systematically expanded to establish a robust footprint in key business and leisure markets, including Agartala, Cherrapunji, and Kolkata.

The defining operational strength of Hotel Polo Towers lies in its asset-heavy, location-centric business model. By owning the underlying land and physical structures of its properties, the company maintains a resilient balance sheet while designing spaces that mirror local cultural nuances. Its portfolio includes prominent establishments like the Polo Floatel in Kolkata an innovative floating hotel concept alongside eco-conscious resorts utilizing solar heating and geothermal technology. Many of its strategic projects operate under successful public-private partnerships (PPPs) with regional governments.

Led by experienced founders Kishan Tibrewalla and Deval Tibrewalla, the group delivered strong financial momentum, crossing ₹120 crore in revenue for Fiscal 2025. As Hotel Polo Towers Limited approaches its mainboard public offering on the BSE and NSE, the company is utilizing fresh capital to fund properties in Kohima and Dimapur, cementing its position as a dominant hospitality engine in emerging Indian destinations.