Royal Orchid Hotels Limited IPO
Royal Orchid Hotels Limited was a mainboard IPO, offered at ₹150–₹165 per share to raise ₹68 crore. It listed on 6 Feb 2006 and closed its first day at ₹231, a listing gain of +40.2% versus the ₹165 issue price. It now trades around ₹269 (+63.0% versus the issue price).
Frequently asked questions
- What were the Royal Orchid Hotels Limited IPO listing gains?
- Royal Orchid Hotels Limited listed on 6 Feb 2006, closing its first day at ₹231 — a listing gain of +40.2% versus the ₹165 issue price.
- What was the price band and lot size of the Royal Orchid Hotels Limited IPO?
- The price band was ₹150–₹165 per share.