The Apeejay Surrendra Park Hotels IPO commenced on February 5, 2024, and concluded on February 7, 2024. The allotment of shares took place on February 8, 2024, and the initiation of refunds began on February 9, 2024. The shares were credited to the demat accounts of investors on February 9, 2024. Finally, the listing of Apeejay Surrendra Park Hotels on the stock exchange occurred on February 12, 2024.
The Apeejay Surrendra Park Hotels IPO was priced at ₹147 to ₹155 per share, with a lot size of shares. The total issue size was ₹920.00 crores, comprising a fresh issue of ₹600.00 crores and an offer for sale of ₹320.00 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 75% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 10% of the shares.
Apeejay Surrendra Park Hotels IPO Basic Details
| Company Name | Apeejay Surrendra Park Hotels Limited |
| Domain of Company | Hotel & Restaurant Business |
| Apeejay Surrendra Park Hotels IPO GMP Today | ₹41 |
| Apeejay Surrendra Park Hotels IPO Listing Gain | 26.45% |
| Apeejay Surrendra Park Hotels IPO Open Date | February 5, 2024 |
| Apeejay Surrendra Park Hotels IPO Close Date | February 7, 2024 |
| Apeejay Surrendra Park Hotels IPO Allotment Date | February 8, 2024 |
| Apeejay Surrendra Park Hotels IPO Listing Date | February 12, 2024 |
| Face Value | ₹10 per share |
| Price | ₹147 to ₹155 per share |
| Lot Size | 96 Shares |
| Issue Size | [.] shares of ₹1 (aggregating up to ₹920.00 Cr) |
| Fresh Issue | [.] shares of ₹1 (aggregating up to ₹600.00 Cr) |
| Offer for Sale | [.] shares of ₹1 (aggregating up to ₹320.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE, BSE |
| Company Promoters | Karan Paul, Priya Paul, Apeejay Surrendra Trust and Great Eastern Stores Private Limited |
Apeejay Surrendra Park Hotels IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹41 | 26.45% | – | – |
| 8 February 2023 | ₹41 | 26.45% | – | – |
| 7 February 2023 | ₹41 | 26.45% | – | – |
| 6 February 2023 | ₹41 | 26.45% | – | – |
| 5 February 2023 | ₹65 | 41.94% | – | – |
| 4 February 2023 | ₹65 | 41.94% | – | – |
| 3 February 2023 | ₹65 | 41.94% | – | – |
| 2 February 2023 | ₹65 | 41.94% | – | – |
| 1 February 2023 | ₹65 | 41.94% | – | – |
Apeejay Surrendra Park Hotels IPO Details:
Established in 1987, Apeejay Surrendra Park Hotels Limited is a hospitality company known for its popular brands such as “THE PARK,” “THE PARK Collection,” “Zone by The Park,” “Zone Connect by The Park,” and the retail brand ‘Flurys’ in the food and beverage industry.
As of March 31, 2023, the company boasts 80 restaurants, nightclubs, and bars, offering a diverse range of culinary experiences to its patrons.
Currently, the company manages 27 hotels falling into different categories like luxury boutique, upscale, and upper midscale. These hotels are strategically located in various cities across India, including Kolkata, New Delhi, Chennai, Hyderabad, Bangalore, Mumbai, Coimbatore, Indore, Goa, Jaipur, Jodhpur, Jammu, Navi Mumbai, Visakhapatnam, Port Blair, and Pathankot, providing a total of 2,111 rooms as of August 2023.
Apeejay Surrendra Park Hotels owns and operates restaurants with distinctive names such as Zen, Lotus, Aish, Saffron, Fire, Italia, 601, The Bridge, The Street, Verandah, Vista, Bamboo Bay, Monsoon, Mist, Love, and Bazaar.
As of June 2023, the company has a workforce of 1,923 dedicated employees.
Apeejay Surrendra Park Hotels IPO More Details Click Here
Apeejay Surrendra Park Hotels IPO FAQs
When is Apeejay Surrendra Park Hotels IPO open?
Apeejay Surrendra Park Hotels IPO will open on 5 February 2024.
When is Apeejay Surrendra Park Hotels IPO Close?
Apeejay Surrendra Park Hotels IPO will be closed on 7 February 2024.
What is Apeejay Surrendra Park Hotels IPO GMP Today?
The Apeejay Surrendra Park Hotels IPO GMP aka Grey Market Premium is ₹41.
What is Apeejay Surrendra Park Hotels IPO Kostak Rates Today?
The Apeejay Surrendra Park Hotels IPO Kostak Rate is ₹000.
What is Apeejay Surrendra Park Hotels IPO Subject to Sauda Price Today?
The Apeejay Surrendra Park Hotels IPO subject to sauda rates is ₹000.
Apeejay Surrendra Park Hotels IPO Expected Returns?
The Apeejay Surrendra Park Hotels expected return is 26.45%.
How much will be the listing gain in Apeejay Surrendra Park Hotels IPO?
Apeejay Surrendra Park Hotels IPO will get listing gain of 26.45%. (Approx.)
