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Business News/ Markets / Ipo/  Apeejay Surrendra Park Hotels IPO: GMP, price, other details of upcoming IPO
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Apeejay Surrendra Park Hotels IPO: GMP, price, other details of upcoming IPO

Apeejay Surrendra Park Hotels IPO GMP today is ₹72, say market observers

Apeejay Surrendra Park Hotels IPO price: The hospitality company has a fixed price band of the public issue at ₹147 to ₹155 per equity share. (Photo: iStock)Premium
Apeejay Surrendra Park Hotels IPO price: The hospitality company has a fixed price band of the public issue at 147 to 155 per equity share. (Photo: iStock)

Apeejay Surrendra Park Hotels IPO: The initial public offering (IPO) of Apeejay Surrendra Park Hotels Limited is going to hit the Indian primary market next week. The company has fixed the Apeejay Surrendra Park Hotels IPO price band at 147 to 155 per equity share. The book build issue will open on 5th February 2024 and will remain open till 7th February 2024. The public offer is proposed for listing on BSE and NSE. The hospitality company aims to raise 920 crore from its book-build offer.

Also Read: BLS E-Services IPO allotment declared. GMP, how to check allotment status online

Meanwhile, ahead of the Apeejay Surrendra Park Hotels IPO opening on Monday next week, company shares are available for trade in the gray market. According to stock market observers, shares of Apeejay Surrendra Park Hotels Limited are available at a premium of 72 in the grey market today, say market observers.

Important Apeejay Surrendra Park Hotels IPO details

1] Apeejay Surrendra Park Hotels IPO GMP: Shares of the hospitality company are available at a premium of 72 in the grey market today, say market observers.

2] Apeejay Surrendra Park Hotels IPO price: The hospitality company has a fixed price band of the public issue at 147 to 155 per equity share.

Also Read: Jana Small Finance Bank IPO opens next week. Price band fixed at 393 to 414 per share

3] Apeejay Surrendra Park Hotels IPO date: The book build issue will open on 5th February 2024 and will remain open till 7th February 2024 i.e. from Monday to Wednesday next week.

4] Apeejay Surrendra Park Hotels IPO size: The hospitality company aims to raise 920 crore from its public offer out of which 600 crore is aimed through issuance of fresh shares. The rest of 320 crore is reserved for the OFS route.

5] Apeejay Surrendra Park Hotels IPO lot size: A bidder will be able to apply in lots and one lot of the book build issue will comprise 96 company shares.

6] Apeejay Surrendra Park Hotels IPO allotment date: In the wake of T+3 listing rules, share allocation is most likely on 8th February 2024 i.e. on Thursday next week.

7] Apeejay Surrendra Park Hotels IPO registrar: Link Intime India Private Ltd has been appointed as the official registrar of the book build issue.

8] Apeejay Surrendra Park Hotels IPO listing: The public issue is proposed for listing on BSE and NSE.

9] Apeejay Surrendra Park Hotels IPO listing date: The public issue is expected to be listed on 12th February 2024.

Ahead of the public issue opening, the book build issue generated 99,49,99,870 or around 99.50 crore through anchor investors. The hospitality company board allotted 2,64,19,354 shares to anchor investors at 155 apiece.

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ABOUT THE AUTHOR
Asit Manohar
Chief Content Producer at Live Mint Digital Team
Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
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Published: 03 Feb 2024, 03:26 PM IST
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