park hotels ipo

Park Hotels IPO subscribed 5.8 times on Day 2. Check GMP and other details

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The initial public offering (IPO) of Park Hotels continued its strong momentum on the second day of the bidding process with an overall subscription of 5.82 times. The part reserved for retail investors was subscribed the most at 13.11 times, followed by non-institutional investors at 10.35 times and qualified institutional buyers at 1.26 times. Analysts … Read more

Park Hotels IPO to open on February 5. Check key details

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Leading hotel chain Apeejay Surrendra Park Hotels announced the launch of its maiden public offer on February 5. The Rs 920-crore issue will close on February 7. The IPO comprises a fresh equity issue of Rs 600 crore and an offer for sale (OFS) of Rs 320 crore. The price band for the IPO will … Read more