Apeejay Surrendra Park Hotels
Apeejay Surrendra Park Hotels Info
Details about the Apeejay Surrendra Park Hotels IPO. Opening Date of Apeejay Surrendra Park Hotels is 05 Feb 24 and Closing Date is 07 Feb 24 . Face Value of Each share of Apeejay Surrendra Park Hotels is ₹1 per share. Price band of Apeejay Surrendra Park Hotels is ₹147 to ₹155. The Lot size of Apeejay Surrendra Park Hotels is 96 shares. Total issue size of Apeejay Surrendra Park Hotels IPO is ₹920 cr. Fresh Issue of Apeejay Surrendra Park Hotels IPO is 600 cr. This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of Apeejay Surrendra Park Hotels is 174,661,760. Share Holding Post Issue of Apeejay Surrendra Park Hotels is -.
Business Summary
Apeejay Surrendra Park Hotels operate hospitality assets under their own brands, “THE PARK”, “THE PARK Collection”, “Zone by The Park”, “Zone Connect by The Park” and “Stop by Zone”.
Apeejay Surrendra Park Hotels operate their hotels through a combination of the following: (i) direct ownership of hotel properties, (ii) longterm lease for the land and/or buildings, (iii) operation and management agreements on a contractual basis using their brand on hotels constructed by third parties.
Company operate 30 hotels comprising 7 owned, 3 leased, and 20 managed hotels across luxury boutique upscale brands, and upper midscale category.
Company has established presence in the retail food and beverage industry through their retail brand ‘Flurys’.
Apeejay Surrendra Park Hotels IPO Details
| Open Date | 05 Feb 24 |
|---|---|
| Close Date | 07 Feb 24 |
| Face Value | ₹1 per shares |
| Price Band | ₹147 - ₹155 |
| Lot Size | 96 Shares |
| Employee Discount | ₹7 per Shares |
| Total issue Size | [.] Shares ₹920 cr |
| Fresh Issue | [.] Shares ₹600 cr |
| Offer for Sale | - |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 174,661,760 |
| Share Holding Post Issue | - |
| RHP , DHRP | View RHP, View DRHP |
Apeejay Surrendra Park Hotels IPO Timeline
The Apeejay Surrendra Park Hotels Initial Public Offering (IPO) is set to open on 05 Feb 24 and will end its subscription phase on 07 Feb 24. You can check your allotment status for Apeejay Surrendra Park Hotels on 08 Feb 24. The refund process for your funds will start promptly on 09 Feb 24. Apeejay Surrendra Park Hotels IPO credit of shares will be on 09 Feb 24. The listing date for Apeejay Surrendra Park Hotels is on 12 Feb 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
Apeejay Surrendra Park Hotels IPO Reservation
The Apeejay Surrendra Park Hotels IPO reserves shares for different investor categories. Approximately Not less than 75% of the Issue will be available for QIB, Not more than 15% of the Net Issue will be available for NII, Not more than 10% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not less than 75% of the Issue |
| NII | Not more than 15% of the Net Issue |
| Retail | Not more than 10% of the Net Issue |
Apeejay Surrendra Park Hotels IPO Lot Size
Bids can be made for minimum of 96 shares and in multiple of 96 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 96 | 14,880 |
| Retail (Max) | 13 | 1,248 | 193,440 |
| S-HNI (Min) | 14 | 1,344 | 208,320 |
| S-HNI (Max) | 67 | 6,432 | 996,960 |
| B-HNI (Min) | 68 | 6,528 | 1,011,840 |
Apeejay Surrendra Park Hotels IPO Promoters Holding
Promoters holding details for Apeejay Surrendra Park Hotels in the current issue is as follows: The share holding of promoters before the issue stands at 94.18%, and after the issue, it has been adjusted to 68.13%.
Promoters of Apeejay Surrendra Park Hotels are Karan Paul, Priya Paul, Apeejay Surrendra Trust, Great Eastern Stores Private Limited,
| Share Holding Pre Issue | 94.18% |
|---|---|
| Share Holding Post Issue | 68.13% |
Apeejay Surrendra Park Hotels Financial Information
Financial performance details for Apeejay Surrendra Park Hotels over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 1,382.51 | 1,361.79 | 1,275.18 | 1,280.34 |
| Revenue | 272.31 | 524.43 | 267.83 | 190.29 |
| Profit After Tax | 22.95 | 48.06 | -28.2 | -75.88 |
Apeejay Surrendra Park Hotels IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Apeejay Surrendra Park Hotels are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 56.3 |
| RoNW | 9.03% |
| EPS (Rs) | 2.75 |
Object of the Issue
- • Repayment/ prepayment, in full or in part of certain outstanding borrowings availed by the Company
- • General Corporate Expenses
Contact Details for Apeejay Surrendra Park Hotels
Phone
Office
17, Park Street, Kolkata – 700 016, West Bengal, India
Registrar Details for Apeejay Surrendra Park Hotels
Link Intime India Private Ltd
Phone
Office
Selenium, Tower B, Plot No –31 and 32, Financial DistrictNanakramguda, SerilingampallyHyderabad, Rangareddi 500 032Telangana, India
Lead Manager
- • Jm Financial Limited
- • ICICI Securities Limited
- • Axis Capital Limited