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Unlisted shares of Juniper Hotels Ltd are trading Rs 8 higher in the grey market, expecting a 2.22 per cent listing gain from the public issue, Juniper Hotels IPO Opens Today: Check Subscription Status, GMP Today
The issue received bids of 32,50,160 shares against the offered 2,89,47,367 equity shares, at a price band of ₹342-360, according to the data available on the stock exchanges.
Juniper Hotels Ltd. has raised Rs 810 crore from anchor investors, ahead of its initial public offering. The company allotted 2.25 crore shares at Rs 360 apiece to 43 anchor investors. Kotak Multicap Fund got the highest allocation of 12.35%.
Juniper Hotels Rs 1,800-cr IPO to open on Feb 21; sets price band at Rs 342-360 per share - IPO News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.