IPO Date: 5 Feb - 7 Feb 2024
Listing Date: 12 Feb 2024
Price Range
₹147 to ₹155 per share
Issue Size
920 Cr
Min Investment
₹14,112
Lot Size
96 Shares
Issue open date
5 Feb 2024
Issue close date
7 Feb 2024
UPI mandate deadline
7 Feb 2024 (5 PM)
Allotment finalization
8 Feb 2024
Share credit
9 Feb 2024
Listing date
12 Feb 2024
Mandate end date
22 Feb 2024
Funds Raised in the IPO | Amount |
---|---|
Overall | 920 Cr |
Fresh Issue | Cr |
Offer for Sale | Cr |
Allotment Timeline | Details |
---|---|
Allotment Date | 8 Feb 2024 |
Allotment Link | {Link} |
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
Date | Ipo Price | GMP | Estimated Listing Price |
---|
Issue Price | Listing Gain | Current Market Price | P/L |
---|---|---|---|
₹147 to ₹155 per share | ₹ 470 (31.32%) | ₹ 151.33 | -2.37% |
Incorporated in 1987, Apeejay Surrendra Park Hotels Limited is engaged in the hospitality business operating under the brand names of "THE PARK", "THE PARK Collection", "Zone by The Park", "Zone Connect by The Park" and "Stop by Zone". The company is also engaged in the business of retail food and beverage industry through its retail brand 'Flurys.'As of March 31, 2023, the company operates 80 restaurants, night clubs and bars, offering a wide selection of culinary experiences.The company currently operates 27 hotels, which are spread across different categories such as luxury boutique, upscale, and upper midscale. These hotels are present in various cities in India including Kolkata, New Delhi, Chennai, Hyderabad, Bangalore, Mumbai, Coimbatore, Indore, Goa, Jaipur, Jodhpur, Jammu, Navi Mumbai, Visakhapatnam, Port Blair, and Pathankot, offering a total of 2,111 rooms as of August 2023.The company owns restaurants under the brand name of Zen, Lotus, Aish, Saffron, Fire, Italia, 601, The Bridge, The Street, Verandah, Vista, Bamboo Bay, Monsoon, Mist, Love and Bazaar.As of June 2023, the company has a total of 1,923 employees.
Founded in | 1987 |
Managing director | |
Parent organization |
Category | Subscription (No. of times) |
---|---|
Qualified Institutional Buyers (QIBs) | 79.23 |
Non-Institutional Investors (NIIs) | 55.26 |
Retail Individual Investors (RIIs) | 32 |
Employee | 5.73 |
Total | 62.91 |