Apeejay Surrendra Park Hotels raises impressive ₹409 crore in anchor round before IPO thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Apeejay Surrendra Park Hotels Ltd. has raised Rs 409.5 crore from anchor investors, ahead of its initial public offering. The company allotted 2.64 crore shares at Rs 155 apiece to 37 anchor investors.
Apeejay Surrendra Park Hotels Ltd, which runs hotels under the “The Park” brand, has mobilised Rs 409.5 crore from anchor investors days before its initial public offering.
The company has decided to allocate 2.64 crore equity shares to 37 funds at Rs 155 apiece, which is also the upper end of