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    Apeejay Surrendra Park Hotels Limited

    CLOSED

    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

    View IPO Document

    Schedule of Apeejay Surrendra Park Hotels Limited

    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

    Issue size

    Funds Raised in the IPOAmount
    Overall920 Cr
    Fresh Issue Cr
    Offer for Sale Cr

    Allotment DetailsNew

    Allotment TimelineDetails
    Allotment Date8 Feb 2024
    Allotment Link{Link}

    Grey Market PremiumNew

    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.

    DateIpo PriceGMPEstimated Listing Price

    Performance Apeejay Surrendra Park Hotels Limited

    Issue PriceListing GainCurrent Market PriceP/L
    ₹147 to ₹155 per share₹ 470 (31.32%) ₹ 151.33-2.37%

    About Apeejay Surrendra Park Hotels Limited

    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 in1987
    Managing director
    Parent organization

    Financial Overview

    Strengths

      Risks

        Subscription Figures

        CategorySubscription (No. of times)
        Qualified Institutional Buyers (QIBs)79.23
        Non-Institutional Investors (NIIs)55.26
        Retail Individual Investors (RIIs)32
        Employee5.73
        Total62.91