Apeejay Surrendra Park Hotels Limited IPO

Mainboard

Hotels & Resorts

Listed On: Feb 12, 2024 at ₹ 186.0(NSE)

₹ 14880 /96 Shares

Check Allotment

Price Summary

Last Closing

147.01 (-5.15%)

52 Week High

235.00

52 Week Low

138.00

Last Update

22-Nov-2024 3:30 PM

Apeejay Surrendra Park Hotels Limited IPO Details

05 Feb, 2024

Open Date

07 Feb, 2024

Close Date

08 Feb, 2024

Allotment Date

12 Feb, 2024

Listing Date

Issue Price

₹147-155 per equity share

Face Value

₹1 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

186.0(NSE)

Listing Date

2024-02-12

Market Lot

Retail : 96 Shares (₹14,880/-)
S-HNI : 1,344 Shares (₹2,08,320/-)
B-HNI : 6528 Shares (₹10,11,840/-)

Lead Manager

Jm Financial Limited
Axis Bank Limited
ICICI Securities Limited

Issue Size

Total ₹920 Cr :
#Fresh Issue : 38,709,677 shares(aggregating up to ₹600.00 Cr) +
#OFS : 20,645,161 shares of ₹1(aggregating up to ₹320 Cr)

Retail Portion

10% (Number of Retail Applications: 61,156 Approx),
(Number of S-HNI Applications : 2,184 Approx),
(Number of B-HNI Applications : 4,368 Approx)

Subscription

59.63 times

IPO Docs

DRHP RHP ANCHOR

Apeejay Surrendra Park Hotels Limited IPO Subscription Details

As on	QIB	NII bNII sNII	Retail	Total
Shares Offered / Reserved	17,612,903	8,806,452 5,870,967 2,935,484	5,870,968	32,965,998
Day 1 - 05-02-24 05:00 PM	1.17 x	3.24 2.82 x 4.09 x	5.74 x	2.53 x
Day 2 - 06-02-24 05:00 PM	1.26 x	10.35 10.14 x 10.78 x	13.14 x	5.82 x
Day 3 - 07-02-24 05:00 PM	75.14 x	52.40 58.37 x 40.44 x	30.24 x	59.63 x

Total No. of Applications: 18,95,135 (Approx)

Apeejay Surrendra Park Hotels Limited Valuations

Earnings Per Share (EPS)

₹2.75/-

P/E Ratio

N/A

RoNW

9.03%

Net Asset Value (NAV) - As on 31.03.22

₹N/A

Apeejay Surrendra Park Hotels Limited Company Financials All values are in ₹ Cr.

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	1,361.79	1,275.18	1,280.34
Revenue	524.43	267.83	190.29
Profit After Tax	48.06	-28.20	-75.88

About The Company

Apeejay Surrendra Park Hotels Limited is engaged in the hospitality business operating under the brand names of THE PARK, THE PARK Collection, Zone by The Park, Zone Connect by The Park and Stop by Zone. The company is also engaged in the business of retail food and beverage industry through its retail brand Flurys.

As of March 31, 2023, the company operates 80 restaurants, night clubs and bars, offering a wide selection of culinary experiences.

The company currently operates 27 hotels, which are spread across different categories such as luxury boutique, upscale, and upper midscale. These hotels are present in various cities in India including Kolkata, New Delhi, Chennai, Hyderabad, Bangalore, Mumbai, Coimbatore, Indore, Goa, Jaipur, Jodhpur, Jammu, Navi Mumbai, Visakhapatnam, Port Blair, and Pathankot, offering a total of 2,111 rooms as of August 2023.

The company owns restaurants under the brand name of Zen, Lotus, Aish, Saffron, Fire, Italia, 601, The Bridge, The Street, Verandah, Vista, Bamboo Bay, Monsoon, Mist, Love and Bazaar.

As of June 2023, the company has a total of 1,923 employees.

Apeejay Surrendra Park Hotels Limited - Promoter(s)

Pre Issue Share Holding: 94.18%

Post Issue Share Holding: 68.13%

Company Promoter(s)

Karan Paul
Priya Paul
Apeejay Surrendra Trust
Great Eastern Stores Private Limited

Apeejay Surrendra Park Hotels Limited IPO - Issue Objectives

Repayment/ prepayment, in full or in part of certain outstanding borrowings availed by the Company
General corporate purposes

Apeejay Surrendra Park Hotels Limited IPO - Anchor Investors

Apeejay Surrendra Park Hotels IPO | Anchor investors pick Rs 409 crore worth shares.

Marquee investors like Troo Capital, Carnelian Capital, Julius Baer India, Citigroup Global, Integrated Core Strategies, and Societe Generale invested in the company through anchor book.

Domestic investors including Nippon Life India, ICICI Prudential Mutual Fund, 360 One Special Opportunities Fund, HDFC Life Insurance Company, Quant Mutual Fund, Whiteoak Capital, Mirae Asset, Bandhan Mutual Fund, Edelweiss Trusteeship, Kotak Mahindra Life Insurance Company, Marquee investors like Troo Capital, Carnelian Capital, Julius Baer India, Citigroup Global, Integrated Core Strategies, and Societe Generale invested in the company through anchor book.

Apeejay Surrendra Park Hotels Limited IPO - FAQs

Ans. Apeejay Surrendra Park Hotels Limited IPO is a Mainboard IPO. The issue is priced at ₹147-155 per equity share. The minimum order quantity is 96 Shares. The IPO opens on Feb 5, 2024, and closes on Feb 7, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Apeejay Surrendra Park Hotels Limited IPO opens on Feb 5, 2024 and closes on Feb 7, 2024.

Ans. The size of Apeejay Surrendra Park Hotels Limited IPO is Total ₹920 Cr : #Fresh Issue : 38,709,677 shares(aggregating up to ₹600.00 Cr) + #OFS : 20,645,161 shares of ₹1(aggregating up to ₹320 Cr).

Ans. The IPO price band is set between ₹147-155 per equity share.

Ans. To apply for Apeejay Surrendra Park Hotels Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Apeejay Surrendra Park Hotels Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Apeejay Surrendra Park Hotels Limited IPO is Feb 8, 2024.

Ans. The Apeejay Surrendra Park Hotels Limited IPO will be listed on Feb 12, 2024.

Ans. Follow the steps to check the allotment status for Apeejay Surrendra Park Hotels Limited IPO here.