ALPHA TRIBE

SP Capital Financing LtdImportant, 30-09-2025: Company Update

30-09-2025 | 08:12 pm

S P Capital Financing Ltd has announced that its board has approved participation as a selling shareholder in the upcoming Initial Public Offer (IPO) of Pride Hotels Limited. The company, which holds 9.80 Cr equity shares representing about 5.28% of Pride Hotels' paid-up capital, will offer up to 3.27 Cr shares through an Offer for Sale (OFS) in the IPO. This strategic decision allows S P Capital Financing to potentially monetize a significant portion of its investment, providing an opportunity to unlock value from its stake in the hotel chain.

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