Apeejay Surrendra Park Hotels Limited IPO Date, Price, GMP, Review and Best 3 IPOs to Invest

Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Apeejay Surrendra Park Hotels Limited IPO is going to open soon. So I will give you complete information about Apeejay Surrendra Park Hotels Limited IPO here on IPO India.

On this article I will inform you about Apeejay Surrendra Park Hotels Limited IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.

About Apeejay Surrendra Park Hotels Limited

Established in 1987, Apeejay Surrendra Park Hotels Limited is a key player in the hospitality sector, operating various brands such as “THE PARK,” “The PARK Collection,” “Zone by The Park,” “Zone Connect by The Park,” and “stop by zone.” Additionally, the company is involved in the retail food and beverage industry through its brand ‘Fluris’.

As of March 31, 2023, the company has a network of 80 restaurants, nightclubs and bars, providing a diverse range of culinary experiences. Operating in the luxury boutique, upscale and upper midscale segments, the company operates 27 hotels located in various Indian cities including Kolkata, New Delhi, Chennai, Hyderabad, Bangalore, Mumbai, Coimbatore, Indore, Goa, Jaipur, Jodhpur, Jammu. Navi Mumbai, Visakhapatnam, Port Blair and Pathankot. As of August 2023, these hotels collectively offer 2,111 rooms.

The company’s restaurant portfolio includes popular brands such as Zen, Lotus, Aish, Saffron, Fire, Italia, 601, The Bridge, The Street, Verandah, Vista, Bamboo Bay, Monsoon, Mist, Love, and Bazaar.

As of June 2023, Apeejay Surrendra Park Hotels Limited employs a total of 1,923 persons.

Apeejay Surrendra Park Hotels Limited IPO GMP

About Apeejay Surrendra Park Hote-ls Limited IPO

Here is some information about Apeejay Surrendra Park Hotels Limited IPO which will help you in making a decision to invest in Apeejay Surrendra Park Hotels Limited IPO. It appears to be a book-built offer with a total value of ₹920.00 crore, including combination of fresh issue of Rs 600.00 crores and offer for sale of Rs 320.00 crores.

Summary of the key details

• Issue Size: Rs 920.00 crores
• Offer for Sale: 38,709,6777 shares
• Subscription Period: February 5, 2024 to February 7, 2024
• Allotment Date: February 08, 2024
• Listing Date: February 12, 2024

Price Range of Apeejay Surrendra Park Hotels Limited IPO

• ₹147 to ₹155 per share

Lot Size of Apeejay Surrendra Park Hotels Limited IPO

• Minimum Lot: 96 Shares.
• Minimum Investment for Retail Investors: ₹14,880

Minimum Lot Size Investments for Apeejay Surrendra Park Hotels Limited IPO

• S-HNI: 14 lots (1,344 shares), amounting to ₹2,08,320
• B-HNI: 68 lots (4,368 shares), amounting to ₹10,11,840

This information provides potential investors with the details they need to participate in the Apeejay Surrendra Park Hotels Limited IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.

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Valuations of Apeejay Surrendra Park Hotels Limited IPO

Apeejay Surrendra Park Hotels Limited Financial Information

Promoter(s)

Company Promotor(s):-

1. Karan Paul
2. Priya Paul
3. Apeejay Surrendra Trust
4. Great Eastern Stores Private Limited

If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.

Key Performance Indicator

Issue Objective(s)

• Repayment/ Prepayment, in full or in part of certain outstanding borrowings availed by the Company
• General corporate purpose

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Apeejay Surrendra Park Hotels Limited IPO Review

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Conclusion

In conclusion, Apeejay Surrendra Park Hotels Limited IPO presents an interesting investment opportunity in the vibrant hospitality sector. With a rich heritage dating back to 1987, the company has carved a niche for itself through various well-known brands like “The Park” and “Zone by the Park”. With a diverse portfolio of 27 hotels and 80 restaurants, nightclubs and bars across major Indian cities, Apeejay Surrendra Park Hotels Limited stands as a key player in the luxury boutique, upscale and upper midscale segments.

Investors keen to participate in this IPO should note the salient details provided including issue size of Rs 920.00 crore, subscription period from February 5, 2024 to February 7, 2024 and listing date on February 12, 2024. per share Rs. 147 to Rs. A price range of 155 and a minimum lot size of 96 shares are critical considerations for retail investors. However, given the inherent risks associated with IPO investments, it is imperative to exercise caution and conduct thorough research or seek professional advice before making investment decisions.

As always, the key to a successful investment lies in making an informed decision, and with the comprehensive information provided about Apeejay Surrendra Park Hotels Limited, potential investors are well equipped to evaluate this opportunity and make sound investment choices.

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