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Ahead of IPO, Park Hotels garners Rs 409 crore from 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 ....

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