Apeejay Surrendra Park Hotels IPO Status: The retail portion of the Apeejay Surrendra Park Hotels IPO was fully booked within an hour of its launch. Apeejay Surrendra Park Hotels' IPO subscription status stands at 46% as of 11:30 am. The IPO opened for subscription today and closes on February 7th. The price range was set to the range of ₹147 to ₹155 per share of par value of ₹1 each.
Apeejay Surrendra Park Hotels IPO: Latest updates on subscription status here. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}}
Apeejay Surrendra Park Hotels IPO increased ₹409 crore from anchor investors on February 2. The IPO lot size is 96 shares and thereafter a multiple of 96 shares. Through the IPO, at least 75% of the shares in the public issue are reserved for Qualified Institutional Buyers (QIB), not more than 15% for Non-Institutional Institutional Investors (NII) and not more than 10% of the offering is reserved for retail investors.
Apeejay Surrendra Park Hotels IPO: When will allotment be completed?
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Share allotment for the IPO of Apeejay Surrendra Park Hotels is expected to be completed on February 8.
Apeejay Surrendra Park Hotels IPO: When will the company raise funds?
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The company will issue the refund on February 9 while the shares will be credited to the demat account of the allottees on the same day after the refund.
Apeejay Surrendra Park Hotels IPO: When will it list?
The IPO of Apeejay Surrendra Park Hotels is expected to list on BSE and NSE on February 12.
Apeejay Surrendra Park Hotels IPO: More Details
Apeejay Surrendra Park's IPO is worth it ₹920 crore and consists of fresh issue of shares with a total value of up to ₹600 crore and Offer for Sale (OFS) total up to ₹320 crore.
The Company plans to use the proceeds to fund general corporate operations and repayment or prepayment.
The registrar for Apeejay Surrendra Park's IPO is Link Intime India Private Ltd and the underwriters are JM Financial Limited, ICICI Securities Limited and Axis Capital Limited.
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