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Apeejay Surrendra Park Hotels IPO clocks 5 82x subscription on day 2 with retail, HNIs support

Park Hotels IPO price band: Park Hotels announces price band, dates for Rs 920-crore IPO

Park Hotels IPO: The Rs 920-crore IPO of Apeejay Surrendra Park Hotels, the eighth-largest hotel chain in India, will open for public subscription from February 5-7. The price band is set at Rs 147-155 per share. The IPO includes a fresh issue of equity shares totaling up to Rs 600 crore and an offer for sale (OFS) of Rs 320 crore. The hotel chain aims for a post-issue market capitalization of Rs 3,307 crore based on the upper price band.

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