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Apeejay Surrendra Park Hotels Ltd.

Apeejay Surrendra Park Hotels Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹155
₹155
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹155
Based on GMP
Min. Investment
₹14,880
1 lot × 96 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
05 Feb 2024
Close Date
07 Feb 2024
Allotment
08 Feb 2024
Listing Date
12 Feb 2024
Exchange
NSE & BSE
Price Band
₹155
Listing Price
See chart
Allotment Status
Price Band
₹155
Per share
Face Value
₹1 per share
 
Lot Size
96 Shares
per lot
Issue Size
5,93,57,646 shares (aggregating up to ₹920.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,880
1 lot
Pre-IPO Holding
17,46,61,760 shares
Promoters
Post-IPO Holding
21,33,71,437 shares
Promoters
P/E (Pre)
56.33x
 
P/E (Post)
72.05x
 
EPS (Pre)
₹2.75
 
EPS (Post)
₹2.15
 
UPI Deadline
2024-02-07
Mandate
Anchor AllotmentFri, 02 Feb 2024
Basis of AllotmentThu, 08 Feb 2024
Refund InitiationFri, 09 Feb 2024
Demat CreditFri, 09 Feb 2024
Listing DayMon, 12 Feb 2024
UPI Mandate Deadline2024-02-07
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares3,87,22,118 shares (aggregating up to ₹600.16 Cr)
Offer for Sale2,06,35,528 shares of ₹1 (aggregating up to ₹319.84 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Apeejay Surrendra Park Hotels Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 07 Feb 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
59,385,351
100% ₹920.47
IPO Shares Offered
Apeejay Surrendra Park Hotels Ltd. IPO total issue size: ₹920.47 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 59,385,351 ₹920.47
100.00%
* Based on upper price band ₹155 per share
Lot Size & Investment
Lot Size
96
Shares per Lot
Issue Price
₹155.00
Upper Band
Min Investment
₹14,880
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2192₹29,760
Retail (Max — 13 Lots)131,248₹193,440
S-HNI (Min — 14 Lots)141,344₹208,320
B-HNI (Min — 68 Lots)686,528₹1,011,840
* Issue Price ₹155 × Lot Size 96 shares
IPO Schedule
Anchor
02 Feb 2024
✓ Done
IPO Open
05 Feb 2024
✓ Done
IPO Close
07 Feb 2024
✓ Done
Allotment
08 Feb 2024
✓ Done
Refunds
09 Feb 2024
✓ Done
Demat Credit
09 Feb 2024
✓ Done
Listing Day
12 Feb 2024
✓ Done
Apeejay Surrendra Park Hotels Ltd. — Live Price LIVE
₹155.00
INR · BSE
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Issue ₹155.00 Live Price
About Apeejay Surrendra Park Hotels Ltd.
Incorporated in 1987, 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.
Objects of the Issue
1
Repayment/ prepayment, in full or in part of certain outstanding borrowings availed by the Company; and
2
General corporate purposes
Apeejay Surrendra Park Hotels Ltd. Financials (Amount in Crore)
Revenue from Operations
₹267.8
31 Mar 2022
₹524.4
31 Mar 2023
₹272.3
30 Sep 2023
Profit After Tax (PAT)
-₹28.2
31 Mar 2022
₹48.1
31 Mar 2023
₹23.0
30 Sep 2023
Particulars30 Sep 202331 Mar 202331 Mar 2022
Revenue from Operations 272.31 524.43 267.83
EBITDA N/A N/A N/A
Profit After Tax (PAT) 22.95 48.06 -28.20
Net Worth 578.71 555.68 508.51
Total Assets 1382.51 1361.79 1275.18
Reserves & Surplus 561.24 538.22 491.05
Borrowings 597.09 566.88 622.68
EBITDA Margin (%) N/A
PAT Margin (%) N/A
P/BV Ratio
4.87
RoNW
9.03%
Debt/Equity
0.99
Issue Structure & Shareholding
Total Shares Offered5,93,85,351 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding17,46,61,760 shares
Post-Issue Promoter Holding21,33,71,437 shares
P/BV Ratio4.87
RoEN/A
RoCEN/A
Debt / Equity0.99
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
JM Financial Ltd.
ICICI Securities Ltd.
Axis Capital Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Apeejay Surrendra Park Hotels Ltd. IPO subscribed?

Apeejay Surrendra Park Hotels Ltd. IPO is subscribed 1.00 times by Feb 07, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Apeejay Surrendra Park Hotels Ltd. IPO retail subscription status?

The Apeejay Surrendra Park Hotels Ltd. IPO retail category is subscribed 1.00 times as of 07 Feb 2024. The retail portion is oversubscribed.

How to subscribe Apeejay Surrendra Park Hotels Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 05 Feb 2024 and closes 07 Feb 2024. Min investment: ₹14,880 (1 lot = 96 shares). UPI mandate: 2024-02-07.

How many times Apeejay Surrendra Park Hotels Ltd. IPO subscribed?

The Apeejay Surrendra Park Hotels Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Apeejay Surrendra Park Hotels Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 08 Feb 2024. Refunds: on 09 Feb 2024.

When Apeejay Surrendra Park Hotels Ltd. IPO will be listed?

The Apeejay Surrendra Park Hotels Ltd. IPO listing date is 12 Feb 2024, Monday. Listed on: NSE & BSE. Issue price: ₹155. Estimated listing: ₹155. GMP: NIL.

When Apeejay Surrendra Park Hotels Ltd. IPO close?

The Apeejay Surrendra Park Hotels Ltd. IPO closes on 07 Feb 2024, Wednesday. UPI mandate: 2024-02-07. Allotment: 08 Feb 2024. Listing: 12 Feb 2024.