Apeejay Surrendra Park Hotels Limited IPO
Apeejay Surrendra Park Hotels Limited was a mainboard IPO in the Hotels & Resorts sector, offered at ₹147–₹155 per share to raise ₹920 crore. The issue was subscribed 59.66× overall (QIBs 75.14×, NIIs 52.41×, retail 30.35×). It listed on 12 Feb 2024 at ₹186 and closed its first day at ₹204, a listing gain of +31.3% versus the ₹155 issue price. It now trades around ₹99 (-36.0% versus the issue price).
Frequently asked questions
- How many times was the Apeejay Surrendra Park Hotels Limited IPO subscribed?
- The Apeejay Surrendra Park Hotels Limited IPO was subscribed 59.66× overall — 75.14× in the QIB category, 52.41× among non-institutional investors, 30.35× in retail.
- What were the Apeejay Surrendra Park Hotels Limited IPO listing gains?
- Apeejay Surrendra Park Hotels Limited listed on 12 Feb 2024 at ₹186, closing its first day at ₹204 — a listing gain of +31.3% versus the ₹155 issue price.
- What were the retail allotment odds for the Apeejay Surrendra Park Hotels Limited IPO?
- Retail was subscribed 30.35×, so a single-lot application had roughly a 3.3% chance of allotment (about 1 in 30), and allotment was finalised on 8 Feb 2024.
- What was the price band and lot size of the Apeejay Surrendra Park Hotels Limited IPO?
- The price band was ₹147–₹155 per share, with a minimum lot of 96 shares (₹14,880 at the upper band).
- Who were the registrar and lead manager for the Apeejay Surrendra Park Hotels Limited IPO?
- Link Intime India Private Limited was the registrar, and JM Financial was the book-running lead manager.