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Lemon Tree Hotels Rises 10% Above IPO Price On Stock Market Debut
Lemon Tree Hotels listed at a premium of 10 percent at Rs 61.60 per share on the National Stock Exchange, compared to its issue price of Rs 56.   Â
The stock rose as much as 16 percent to Rs 65 from its issue price thereafter.       Â
The initial public offer of hospitality chain Lemon Tree Hotels was subscribed 1.19 times on the final day of bidding on the final day.