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Company Information

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LEMON TREE HOTELS LTD.

05 June 2025 | 03:56

Industry >> Hotels, Resorts & Restaurants

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ISIN No INE970X01018 BSE Code / NSE Code 541233 / LEMONTREE Book Value (Rs.) 12.83 Face Value 10.00
Bookclosure 26/09/2024 52Week High 162 EPS 2.48 P/E 56.96
Market Cap. 11196.03 Cr. 52Week Low 112 P/BV / Div Yield (%) 11.01 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Brief history of the company

The company was incorporated as P.M.G Hotels Private Limited on June 2, 1992, as a private limited company under the Companies Act 1956, at New Delhi, with a certificate of incorporation granted by the RoC. Pursuant to a resolution of our shareholders dated December 13, 2002, the name of the company was changed to Krizm Hotels Private Limited and a fresh certificate of incorporation dated January 7, 2003 was issued by the RoC. Further, pursuant to a resolution of our shareholders dated June 2, 2010, the name of the company was changed to Lemon Tree Hotels Private Limited and a fresh certificate of incorporation consequent to change in name was issued by the RoC on June 10, 2010. On the conversion of the company to a public limited company pursuant to a resolution passed by our shareholders on September 29, 2012, our name was changed to Lemon Tree Hotels Limited and a fresh certificate of incorporation dated October 22, 2012 was issued by the RoC.

Major events and milestones:

2004

-Opened the first Lemon Tree Hotel in Gurugram, Haryana, India

2006

- Investment by Maplewood

2008

- Investment by Citron

2009

- Opened the first Red Fox hotel in Jaipur, Rajasthan

2010

- Opened the first Lemon Tree Premier hotel in Leisure Valley, Gurugram, Haryana, India

2011

- Awarded the national award for the empowerment of persons with disabilities, by the Ministry of Social Justice and Empowerment, Government of India for its outstanding performance as an employer of persons with disabilities

2012

- Investment by APG

- Commenced the business of management of hotels, through our Subsidiary, Carnation

- Awarded the national award for empowerment of persons with disabilities by the Ministry of Social Justice and Empowerment, Government of India for providing barrier-free environment for persons with disabilities

2014

- Awarded the Hospitality Exemplary Practice award by the Cornell University at the Cornell Hotel Research Summit

2015

- Awarded the Asian Human Capital Award by the Ministry of Manpower, Singapore and the Human Capital Leadership Institute, for its inclusivity/ diversity philosophy

2016

- Ranked in the 9th position in the list of India's best companies to work for, adjudged by the Economic Times and the Great Place to Work Institute, India.

- Awarded the national award for the empowerment of persons with disabilities, by the Ministry of Social Justice and Empowerment, Government of India for its outstanding performance as an employer of persons with disabilities

-Adjudged as the Best Company in India for workplace culture transformation by the Economic Times and the Great Place to Work Institute, India

- Was a joint overall winner in the category of best accommodation for responsible employment, at the World Responsible Tourism Awards in World Travel Market, London

2017

- Ranked 4th in the list of India's Best Companies to Work for, adjudged by the Economic Times and the Great Place to Work Institute, India

- Recognised by the Economic Times and the Great Place to Work Institute, India, for being among the best in:

(i) the special category of utilizing analytics to drive a great place of place of work;

(ii) the industry of hotels and resorts; and

(iii) the special category of employer branding.

- Ranked 19th by Great Place to Work Institute, for being the best large workplace in Asia

2018 -Lemon Tree Ranked 12th amongst the Best Large Workplaces in Asia by the Great Place To Work Survey, 2018. -Lemon Tree Best 3 Star Hotel Award Category during National Tourism Award 2016-17. -Lemon Tree Hotels launches its Fourth Hotel in Hyderabad.

2019 -Lemon Tree bags Best 3 star Hotel at FICCI Travel & Tourism Excellence Awards 2019. -Lemon Tree Awarded BW Pure: Purpose-Led Brand Award 2019.

2020 -Lemon Tree Awarded GO-MMT Travellers Choice Award.

2022 -Lemon Tree Hotels signs new property in Rishikesh.