74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Apeejay Surrendra Park Hotels IPO (Apeejay Surrendra Park Hotels Limited IPO) Detail

Apeejay Surrendra Park Hotels IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 920.00 Cr. The company is based in kolkata and caters to Hotels And Resorts sector. Axis Capital , ICICI Securities , Jm Financial are the merchant bankers of Apeejay Surrendra Park Hotels IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 19th August 2023.

Apeejay Surrendra Park Hotels IPO open date is 5th February 2024 and close date is 7th February 2024. IPO Allotment Date is 8th February 2024 and Listing date is 12th February 2024.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 920.00 Cr. Avg IPO Size (Sector Based) : ₹ 1,138.89 cr.
  • Sector: Hotels And Resorts IPO so far: 15
  • Merchant Banker: Axis Capital IPO by BRLM so far: 161
  • City: kolkata IPO so far: 29
  • Revenue (annualised): ₹ 544.62 cr.
            PAT: (annualised): ₹ 45.90 cr. Read Financial Information >>
  • PE Ratio: 10.30x Average Sector PE Ratio: 8.39x

Apeejay Surrendra Park Hotels IPO Date

Date of DRHP:
19th August 2023
IPO Open Date:
5th February 2024
IPO Close Date:
7th February 2024
IPO Allotment Date:
8th February 2024
Initiation of Refund:
9th February 2024
IPO Listing Date:
12th February 2024

Apeejay Surrendra IPO Info, Size, Subscription

Apeejay Surrendra Park Hotels IPO size is ₹ 920.00 Cr. with IPO price of ₹ 155.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 920.00 Cr.

Issue Price:
₹ 155.00

Market Capitalisation :
₹ 3307.26 Cr.

PE multiple :
10.30

Subscription :
62.91 times

Pre Issue Promoter Holding :
94.18 %

Post Issue Promoter Holding :
68.13 %

Apeejay Surrendra Park Hotels IPO Information

Sub Sector : hospitality industry
Apeejay Surrendra Park Hotels Limited is the 8th largest hotel chain in India among hotel chains with asset ownership (Source: Horwath HTL Report). It operates hospitality assets under several of its own brands, including “THE PARK,” “THE PARK Collection,” “Zone by The Park,” “Zone Connect by The Park,” and “Stop by Zone.” With over five decades of experience in the hospitality industry, the company launched its first hotel under the “THE PARK” brand on Kolkata's iconic Park Street. It has also made its mark in the retail food and beverage industry through its brand ‘Flurys.’ The company pioneered the concept of luxury boutique hotels in India with “THE PARK” and has expanded it further with “THE PARK Collection,” while also catering to the upper mid-scale
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Object of Issue (Apeejay Surrendra IPO Objectives)

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

Axis Capital Limited is the book-running lead manager of the Apeejay Surrendra Park Hotels IPO. Link Intime India Private Limited is the Registrar for Apeejay Surrendra Park Hotels IPO.

Apeejay Surrendra IPO Registrar (RTA)

Link Intime India Private Limited

Apeejay Surrendra Park Hotels IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Apeejay Surrendra Park Hotels IPO?

Apeejay Surrendra Park Hotels IPO, based in kolkata, operates in the   Hotels And Resorts sector with a focus on hospitality industry. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Apeejay Surrendra Park Hotels IPO size is ₹ 920.00 Cr. with fresh issue size of ₹ 600.00 Cr. and Offer for sale being ₹ 320.00Cr.

When is Apeejay Surrendra IPO allotment?

The IPO allotment date for Apeejay Surrendra Park Hotels IPO is expected to be 8th February 2024, after the finalization of basis of allotment. Investors can check Apeejay Surrendra Park Hotels IPO allotment status on the registrars website, Link Intime India Private Limited . Apeejay Surrendra Park Hotels IPO refund dates are 9th February 2024.

When is Apeejay Surrendra Park Hotels IPO listing date?

Apeejay Surrendra Park Hotels IPO is expected to be listed on 12th February 2024.

What is the price band for Apeejay Surrendra IPO?

The upper price band for the Apeejay Surrendra Park Hotels IPO is set at ₹ 155.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Apeejay Surrendra Park Hotels IPO Review?

For IPO analysis on Apeejay Surrendra Park Hotels IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Apeejay Surrendra Park Hotels IPO?

To apply for the Apeejay Surrendra Park Hotels IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 7th February 2024. After submission, funds are blocked until the basis of allotment of Apeejay Surrendra Park Hotels IPO is finalised.

Who is the merchant banker of Apeejay Surrendra IPO?

The merchant banker for Apeejay Surrendra Park Hotels IPO is Axis Capital Limited , ICICI Securities Limited , Jm Financial Limited . Axis Capital Limited , ICICI Securities Limited , Jm Financial Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Apeejay Surrendra Park Hotels IPO RHP for further details.

Who is the Registrar of Apeejay Surrendra Park Hotels IPO?

The registrar for Apeejay Surrendra Park Hotels IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Apeejay Surrendra Park Hotels IPO through their official website or helpline.

What is the Apeejay Surrendra Park Hotels IPO subscription?

Apeejay Surrendra Park Hotels IPO was subscribed 62.91 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Apeejay Surrendra Park Hotels IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Apeejay Surrendra Park Hotels Financial Review Page

Apeejay Surrendra Park Hotels IPO subscription was 62.91 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Apeejay Surrendra Park Hotels IPO listed at a listing price of 203.45 against the offer price of 155.00.

The current market price of Apeejay Surrendra Park Hotels is 155.30.

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