Apeejay Surrendra Park Hotels Limited IPO Date, Price, Allotment Details

Apeejay Surrendra Park Hotels Limited IPO is a MAIN BOARD IPO. They are going to raise ₹920 Crores via IPO. The issue is priced at ₹147 to ₹155 per equity share. The IPO is to be listed on NSE, BSE

Apeejay Surrendra Park Hotels Limited IPO opens for subscription on February 5, 2024, and closes on February 7, 2024. The allotment for the Apeejay Surrendra Park Hotels Limited IPO is expected to be finalized on Friday, February 8, 2024. Apeejay Surrendra Park Hotels Limited IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, February 12, 2024.

Apeejay Surrendra Park Hotels Limited

MAIN BOARD

Minimum Investment ₹14,880. / 1- Lot (96 shares)		Price Range ₹147-₹155
Max Quantity 13-Lots/ (1248 Shares)	Max Investment ₹193,440	Retail Discount ₹0
Investor category and sub category Individual- HNI & Retail	Issue Size 920 Cr	Employee Discount ₹7 per share

Total Issue Size [] Shares (Aggregating up to ₹920.00 Cr)	Share Holding Pree Issue 174,661,760	Issue Type Book build Issue IPO
Fresh Issue Share [] Shares (Aggregating up to ₹600.00 Cr)	Share Holding Post Issue	Listing At BSE, NSE
Offer For Sale [] Shares (Aggregating up to ₹320.00 Cr)		Face value ₹1

IPO Dates

Offer Starts	05 Feb 2024
Offer Ends	07 Feb 2024
Allotment	08 Feb 2024
Refunds	09 Feb 2024
Credit of shares to Demat account	09 Feb 2024
IPO Listing	12 Feb 2024

About Apeejay Surrendra Park Hotels Limited

• Incorporated in 1987, Apeejay Surrendra Park Hotels Limited is engaged in the hospitality business operating under the brand names of “THE PARK”, “THE PARK Collection”, “Zone by The Park”, “Zone Connect by The Park” and “Stop by Zone”. The company is also engaged in the business of retail food and beverage industry through its retail brand ‘Flurys.
• The hotel portfolio has a PAN-India presence, and they continue to attract their customers with their diversified portfolio. They categorize their hotel portfolio into two distinct hotel categories based on brand classification – upscale, and upper mid-scale. They operate hotels under the following four brands, namely “THE PARK, “THE PARK Collection”, “Zone by The Park”, “Zone Connect by The Park” and have recently launched their economy motel brand, “Stop by Zone”:
• “THE PARK” brand is positioned as an upscale brand with a luxury boutique offering, with a brand philosophy that concentrates on design, style, and service to create differentiated and unique experiences at each hotel.
• “THE PARK Collection” brand encompasses small luxury properties located at selected travel destinations targeted at the luxury hotel category delivering personalized guest experiences.
• The “Zone by The Park” brand is positioned at the upper midscale level. It is designed for price-conscious and design-conscious customers.
• “Zone Connect by The Park” is an upper midscale brand that channels its spirit and design philosophy from Zone by The Park.
• “Stop by Zone” is an economy motel brand that aims to provide convenient accommodation with easy access to parking, free Wi-Fi along food services.

Incorporated In	Managing Director
1987

Apeejay Surrendra Park Hotels Limited IPO Prospectus

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DRHP Draft Prospectus	Click Here
RHP Draft Prospectus	Click Here

Share Holding

Share Holding Pre-Issue	94.18%
Share Holding Post-Issue

Financials

Year	2023	2022	2021
Revenue	₹524.83	₹267.82	₹190.29
Assets	₹1,361.79	₹1,275.18	₹1,280.34
Profit	₹48.06	-₹28.20	-₹75.88
			All values are in Rs. Cr

Fundamentals

	Values		Values
Market cap	3307 Cr	ROE	%
P/E (X)		ROCE	%
POST P/E (X)		EPS	2.75
Debt to Equity	0.99	RONW	9.03%

Objects of the Issue

• Repayment/ prepayment, in full or in part of certain outstanding borrowings availed by the Company
• General corporate purposes

Brokerage Firm IPO Review

• To be updated soon

Apeejay Surrendra Park Hotels Limited Contact Details
Address	Apeejay Surrendra Park Hotels Limited 17, Park Street, Kolkata 700 016
Phone:	+91 33 2249 9000
E-mail	investorrelations@asphl.in
Website	https://www.theparkhotels.com/111

Apeejay Surrendra Park Hotels Limited IPO Lead Managers

Jm Financial Limited Axis Bank Limited ICICI Securities Limited

Apeejay Surrendra Park Hotels Limited IPO Registrar
.	Link Intime India Private Ltd
Phone	+91-22-4918 6270
E-mail	Signatureglobal.ipo@linkintime.co.in
Website	https://linkintime.co.in/

Apeejay Surrendra Park Hotels Limited IPO Allotment Status Check

IPO Allotment Status Check Click Here

Apeejay Surrendra Park Hotels Limited IPO FAQs

What is Apeejay Surrendra Park Hotels Limited IPO?

• Apeejay Surrendra Park Hotels Limited IPO is a MAIN BOARD IPO. They are going to raise ₹920 Crores via IPO. The issue is priced at ₹147 to ₹155 per equity share. The IPO is to be listed on NSE, BSE

When Apeejay Surrendra Park Hotels Limited IPO will open?

• The IPO is to open on February 5, 2023, for QIB, NII, and Retail Investors.

What is Apeejay Surrendra Park Hotels Limited IPO Investors Portion?

• The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

What is Apeejay Surrendra Park Hotels Limited IPO Size?

• Apeejay Surrendra Park Hotels Limited IPO size is ₹920 crores.

What is Apeejay Surrendra Park Hotels Limited IPO Price Band?

• Apeejay Surrendra Park Hotels Limited IPO Price Band is ₹147 To ₹155 per equity share.

What is Apeejay Surrendra Park Hotels Limited IPO Minimum and Maximum Lot Size?

• The IPO bid is Minimum 1-Lot (96 Shares) with ₹14,880. and Maximum Lot Size 13-Lots / (1248 Shares) with ₹193,440

What is Apeejay Surrendra Park Hotels Limited IPO Allotment Date?

• Apeejay Surrendra Park Hotels Limited IPO allotment date is February 8, 2024.

What is Apeejay Surrendra Park Hotels Limited IPO Listing Date?

• Apeejay Surrendra Park Hotels Limited IPO listing date is February 12, 2024. The IPO to list on NSE, BSE.