Royal Orchid Hotels gains on launching `Iconiqa`
Royal Orchid Hotels is currently trading at Rs 514.60, up by 4.45 points or 0.87% from its previous closing of Rs 510.15 on the BSE.
The scrip opened at Rs 512.55 and has touched a high and low of Rs 520.20 and Rs 512.55 respectively. So far 5115 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52-week high of Rs 594.10 on 02-Sep-2025 and a 52-week low of Rs 301.50 on 25-Oct-2024.
Last one week high and low of the scrip stood at Rs 522.35 and Rs 500.00 respectively. The current market cap of the company is Rs 1411.03 crore.
The promoters holding in the company stood at 63.89%, while Institutions and Non-Institutions held 8.52% and 27.59% respectively.
Royal Orchid Hotels has soft launched its latest brand -- Iconiqa. With this launch, the Group continues to strengthen its portfolio by introducing a new-age offering that blends contemporary design, comfort, and personalized service. Iconiqa is envisioned as a lifestyle-driven hospitality experience that caters to modern travellers seeking stylish spaces, vibrant dining options, and intuitive service. The brand is designed to resonate with today’s generation of explorers and business professionals who value both functionality and aesthetics.
The soft launch of Iconiqa is a beginning of a phased rollout, with the first property already geared up to welcome the guest. Each Iconiqa hotel will embody a blend of contemporary style and local character, creating spaces that are both aspirational and approachable.
Royal Orchid Hotels is one of India's fastest-growing hospitality brands. Royal Orchid Hotels is one of India's fastest-growing hospitality brands.
