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Apeejay Surrendra Park Hotels shares rose 6.83% to Rs 217.35 on BSE. Market cap of Apeejay Surrendra Park Hotels climbed to Rs 4,397.64 crore.
Apeejay Surrendra Park Hotels IPO: Analysts expect the shares to list at a 20-25 percent premium over the IPO price
Ahead of its IPO, Apeejay Surrendra Park Hotels raised Rs 409.5 crore from anchor investors as it issued over 2.64 crore equity shares at an issue price of Rs 155 apiece.
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.
Ahead of its IPO, Apeejay Surrendra Park Hotels raised Rs 409.5 crore from anchor investors as it issued over 2.64 crore equity shares at an issue price of Rs 155 apiece.