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Latest News | Park Hotels IPO Gets Subscribed 59.66 Times on Final Day of Bidding

Get latest articles and stories on Latest News at LatestLY. The initial share sale of Apeejay Surrendra Park Hotels, which runs hotels under the 'The Park' brand, got subscribed 59.66 times on the final day of bidding on Wednesday. Latest News | Park Hotels IPO Gets Subscribed 59.66 Times on Final Day of Bidding.
New Delhi Axis Capital Apeejay Surrendra Park Hotels Ltd Apeejay Surrendra Park Hotels Qualified Institutional Buyers Initial Public Offer

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Park Hotels IPO: Company raises Rs 409 crore via anchor allotment

Apeejay Surrendra Park Hotels has raised over Rs 409 crore ahead of its IPO. The companys board of Directors have allotted over 2.64 crore equity shares to 37 anchor investors, including domestic mutual funds. The highest allocation has been made to Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund. The Rs 920 crore IPO comprises fresh issue of equity shares and offer for sale by promoter group entity Apeejay Pvt Ltd. Park Hotels operates 27 hotels across upscale and upper-midscale c...
Santosh Sinha Apeejay Pvt Ltd Opportunities Fund Life Insurance Company Apeejay Surrendra Park Hotels Services Fund

Park Hotels IPO price band: Park Hotels announces price band, dates for Rs 920-crore IPO

Park Hotels IPO: The Rs 920-crore IPO of Apeejay Surrendra Park Hotels, the eighth-largest hotel chain in India, will open for public subscription from February 5-7. The price band is set at Rs 147-155 per share. The IPO includes a fresh issue of equity shares totaling up to Rs 600 crore and an offer for sale (OFS) of Rs 320 crore. The hotel chain aims for a post-issue market capitalization of Rs 3,307 crore based on the upper price band.
Santosh Sinha Park Hotels Recp Iv Park Hotel Investors Apeejay Pvt Ltd Apeejay Surrendra Park Hotels Hotel Investors

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