Apeejay Surrendra Park Hotels IPO: The initial public offering (IPO) of Apeejay Surrendra Park Hotels Limited will take place in the Indian primary market next week. The company has set the price range for the IPO of Apeejay Surrendra Park Hotels at ₹147 to ₹155 per share. The book edition opens on February 5, 2024 and will remain open until February 7, 2024. The public offer is intended for listing on the BSE and NSE. The goal of the catering company is to increase revenue ₹920 crore from the bookbuild offer.
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Meanwhile, ahead of Apeejay Surrendra Park Hotels' IPO, company shares will be available for trading on the gray market on Monday next week. According to stock market observers, shares of Apeejay Surrendra Park Hotels Limited are available at a premium of ₹72 are on the gray market today, market watchers say.
Important Details About Apeejay Surrendra Park Hotels IPO
1]Apeejay Surrendra Park Hotels IPO GMP: Shares in the hotel company are available at a premium of ₹72 are on the gray market today, market watchers say.
2]Apeejay Surrendra Park Hotels IPO Price: The hospitality company has a fixed price range for the public issue ₹147 to ₹155 per share.
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3]Apeejay Surrendra Park Hotels IPO Date: The book edition will open on February 5, 2024 and will remain open until February 7, 2024, from Monday to Wednesday of next week.
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4]Size of Apeejay Surrendra Park Hotels IPO: The goal of the catering company is to increase revenue ₹920 crore from its public offer ₹600 crore is being sought by issuing new shares. The rest of ₹320 crore is reserved for the OFS route.
5]Property Size of Apeejay Surrendra Park Hotels IPO: A bidder can apply in lots and one lot of the book build issue will comprise 96 shares of the company.
6]Apeejay Surrendra Park Hotels IPO Allotment Date: Under the T+3 listing rules, share allocation will most likely take place on February 8, 2024, i.e. on Thursday next week.
7]Apeejay Surrendra Park Hotels IPO Registrar: Link Intime India Private Ltd has been appointed as the official registrar of Book Build edition.
8]IPO of Apeejay Surrendra Park Hotels: The public issue is proposed for listing on BSE and NSE.
9]Apeejay Surrendra Park Hotels IPO Date: The public issue is expected to be listed on February 12, 2024.
Before the public edition opened, the book edition was created ₹99,49,99,870 or approximately ₹99.50 crore through anchor investors. The board of the hotel company has allotted 2,64,19,354 shares to anchor investors ₹155 each.
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