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, 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
According to the draft papers, the proposed IPO of Apeejay Surrendra Park Hotels comprises a fresh issue of equity shares worth Rs 650 crore and an offer for sale (OFS) of equity shares to the tune of Rs 400 crore by promoters and investor shareholders.
Apeejay Surrendra Park Hotels Ltd, which runs hotels under the ”The Park” brand, has filed preliminary papers with capital markets regulator Sebi to raise Rs 1,050 crore through an initial public offering (IPO).
Park Hotels owner files draft papers with Sebi to raise Rs 1,050 cr via IPO business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.