{"id":5638,"date":"2024-01-31T13:50:58","date_gmt":"2024-01-31T08:20:58","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=5638"},"modified":"2024-02-03T09:47:26","modified_gmt":"2024-02-03T04:17:26","slug":"apeejay-surrendra-park-hotels-ipo-details","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/apeejay-surrendra-park-hotels-ipo-details\/","title":{"rendered":"Apeejay Surrendra Park Hotels IPO Details - Complete Overview of Apeejay Surrendra Park Hotels Limited IPO"},"content":{"rendered":"\n

Apeejay Surrendra Park Hotels<\/strong> IPO Price: <\/strong>\u20b9147 to \u20b9155 
IPO Date Range:<\/strong> Feb 5, 2024 - Feb 7, 2024<\/p>\n\n\n\n

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\"Apeejay<\/figure>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n
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Foundation & Business Essence<\/h2>\n\n\n\n

Established in 1987, Apeejay Surrendra Park Hotels Limited is a prominent player in the hospitality industry. The company operates under various brand names, including \"THE PARK,\" \"THE PARK Collection,\" \"Zone by The Park,\" \"Zone Connect by The Park,\" and \"Stop by Zone.\"<\/p>\n<\/div>\n<\/div>\n\n\n\n

Restaurant Portfolio<\/h2>\n\n\n\n

As of March 31, 2023, the company manages 80 restaurants, nightclubs, and bars, offering a varied range of culinary experiences. Additionally, it has a notable presence in the retail food and beverage sector through its 'Flurys' brand. <\/p>\n\n\n\n

Apeejay Surrendra Park Hotels Limited further enriches its culinary portfolio by owning and operating restaurants under distinct brand names, such as Zen, Lotus, Aish, Saffron, Fire, Italia, 601, The Bridge, The Street, Verandah, Vista, Bamboo Bay, Monsoon, Mist, Love, and Bazaar. These diverse brands collectively contribute to the company's rich and varied culinary offerings.<\/p>\n\n\n\n

Hotel Portfolio<\/h2>\n\n\n\n

The company currently oversees a portfolio of 27 hotels, spanning different categories such as luxury boutique, upscale, and upper midscale. These hotels are strategically located in various cities across India, including Kolkata, New Delhi, Chennai, Hyderabad, Bangalore, Mumbai, Coimbatore, Indore, Goa, Jaipur, Jodhpur, Jammu, Navi Mumbai, Visakhapatnam, Port Blair, and Pathankot. The hotel properties collectively offer a total of 2,111 rooms, as of August 2023.<\/p>\n\n\n\n

Bidding Starts In<\/h2>\n\n\n\n
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DAYS<\/div><\/div>
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HOURS<\/div><\/div>
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MINUTES<\/div><\/div>
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SECONDS<\/div><\/div><\/div>\n\n\n\n
APPLY NOW<\/span><\/path><\/svg>

Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n

Apeejay Surrendra Park Hotels IPO Specifics:<\/h2>\n\n\n\n
IPO Date<\/td>February 5, 2024 to February 7, 2024<\/td><\/tr>
Listing Date<\/td>Monday, February 12, 2024<\/td><\/tr>
Face Value<\/td>\u20b91 per share<\/td><\/tr>
Price Band<\/td>\u20b9147 to \u20b9155  per share<\/td><\/tr>
Lot Size<\/td>96 shares<\/td><\/tr>
Total Issue Size<\/td>[.] shares
(aggregating up to \u20b9920.00 Cr)<\/td><\/tr>
Fresh Issue<\/td>[.] shares
(aggregating up to \u20b9600.00 Cr)<\/td><\/tr>
Offer for Sale<\/td>[.] shares
(aggregating up to \u20b9320.00 Cr)<\/td><\/tr>
Employee Discount<\/td>Rs 7 per share<\/td><\/tr>
Issue Type<\/td>Book Built Issue IPO<\/td><\/tr>
Listing At<\/td>BSE, NSE<\/td><\/tr>
Share holding pre issue<\/td>174,661,760<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Apeejay Surrendra Park Hotels IPO Lot Size<\/h2>\n\n\n\n

Investors have the option to bid for a minimum of 96 shares, and they can bid in multiples of this amount. The table below outlines the minimum and maximum investment amounts for retail investors and HNIs, both in terms of shares and total value.<\/p>\n\n\n\n

Application<\/th>Lots<\/th>Shares<\/th>Amount<\/th><\/tr><\/thead>
Retail (Min)<\/td>1<\/td>96<\/td>\u20b914,880<\/td><\/tr>
Retail (Max)<\/td>13<\/td>1248<\/td>\u20b9193,440<\/td><\/tr>
S-HNI (Min)<\/td>14<\/td>1344<\/td>\u20b9208,320<\/td><\/tr>
S-HNI (Max)<\/td>67<\/td>6432<\/td>\u20b9996,960<\/td><\/tr>
B-HNI (Min)<\/td>68<\/td>6528<\/td>\u20b91,011,840<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Apeejay Surrendra Park Hotels IPO Reservation<\/h2>\n\n\n\n
QIB Shares Offered<\/td>Not more than 75% of the Net Issue<\/td><\/tr>
Retail Shares Offered<\/td>Not less than 10% of the Net Issue<\/td><\/tr>
NII (HNI) Shares Offered<\/td>Not less than 15% of the Net Issue<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Apeejay Surrendra Park Hotels IPO Timetable (Important Dates)<\/h2>\n\n\n\n
IPO Open Date<\/td>Monday, February 5, 2024<\/td><\/tr>
IPO Close Date<\/td>Wednesday, February 7, 2024<\/td><\/tr>
Basis of Allotment<\/td>Thursday, February 8, 2024<\/td><\/tr>
Initiation of Refunds<\/td>Friday, February 9, 2024<\/td><\/tr>
Credit of Shares to Demat<\/td>Friday, February 9, 2024<\/td><\/tr>
Listing Date<\/td>Monday, February 12, 2024<\/td><\/tr>
Cut-off time for UPI mandate confirmation<\/td>5 PM on February 7, 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Don't Miss Out!<\/h2>
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Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n

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APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n

Apeejay Surrendra Park Hotels Limited IPO Financial Information<\/h2>\n\n\n\n

Apeejay Surrendra Park Hotels Limited witnessed a substantial growth in its financial performance, with a remarkable 95.81% increase in revenue and a significant 270.42% rise in profit after tax (PAT) from the fiscal year ending on March 31, 2022, to March 31, 2023.<\/p>\n\n\n\n

Period Ended<\/th>31 Mar 2021<\/th>31 Mar 2022<\/th>31 Mar 2023<\/th>30 Sep 2023<\/th><\/tr><\/thead>
Assets<\/td>1280.34<\/td>1275.18<\/td>1361.79<\/td>1382.51<\/td><\/tr>
Revenue<\/td>190.29<\/td>267.83<\/td>524.43<\/td>272.31<\/td><\/tr>
Profit After Tax<\/td>-75.88<\/td>-28.20<\/td>48.06<\/td>22.95<\/td><\/tr>
Net Worth<\/td>536.28<\/td>508.51<\/td>555.68<\/td>578.71<\/td><\/tr>
Reserves & Surplus<\/td>518.81<\/td>491.05<\/td>538.22<\/td>561.24<\/td><\/tr>
Total Borrowing<\/td>593.44<\/td>622.68<\/td>566.68<\/td>597.09<\/td><\/tr><\/tbody><\/table>
Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n\n\n\n

Key Performance Indicator - Apeejay Surrendra Park Hotels IPO<\/h2>\n\n\n\n
KPI<\/th>Values<\/th><\/tr><\/thead>
Market Cap (\u20b9 Cr.)<\/td>3307<\/td><\/tr>
EPS (Rs)<\/td>2.75<\/td><\/tr>
Debt\/ Equity<\/td>0.99<\/td><\/tr>
RoNW<\/td>9.03%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Objects of the Issue:<\/strong><\/h2>\n\n\n\n

The company intends to utilize the Net Proceeds for the following purposes:<\/p>\n\n\n\n

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  1. Repayment or prepayment, either in full or in part, of specific outstanding borrowings obtained by the Company.<\/li>\n\n\n\n
  2. General corporate purposes.<\/li>\n<\/ol>\n\n\n\n

    Prospectus Links:<\/strong><\/h2>\n\n\n\n

    Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. Apeejay Surrendra Park Hotels DRHP<\/a> and Apeejay Surrendra Park Hotels RHP<\/a>.<\/p>\n\n\n\n

    Frequently Asked Questions<\/strong><\/h2>\n\n\n\n
    <\/div><\/div>\n\n\n
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    What is an IPO?<\/h3>\n
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    An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.<\/p>\n\n<\/div>\n<\/div>\n

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    Why do companies go public with an IPO?<\/h3>\n
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    Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.<\/p>\n\n<\/div>\n<\/div>\n

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    What is the price range for the \"Apeejay Surrendra Park Hotels Limited\" IPO?<\/h3>\n
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    The price range for the\"Apeejay Surrendra Park Hotels Limited\" IPO is \u20b9147 to \u20b9155\u00a0 per share.<\/p>\n\n<\/div>\n<\/div>\n

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    When will the \"Apeejay Surrendra Park Hotels Limited\" IPO be listed on the stock exchange?<\/h3>\n
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    The \"Apeejay Surrendra Park Hotels Limited\" IPO is expected to be listed on Monday, 12 February, 2024.<\/p>\n\n<\/div>\n<\/div>\n

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    How to apply for an IPO with Lakshmishree?<\/h3>\n
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    To apply for an IPO with Lakshmishree:
    Go to www.lakshmishree.com\/ipo
    Select the desired IPO and fill in the required details.
    Confirm your application and make the payment.
    Once applied, you can track the status of your application on the platform or get in your registered Email ID.<\/p>\n\n<\/div>\n<\/div>\n

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    How can I check the subscription status of an IPO on Lakshmishree?<\/h3>\n
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    Log in to your Lakshmishree account and navigate to the 'IPO' section. Here, you can view live updates on the subscription status of ongoing IPOs.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

    Apeejay Surrendra Park Hotels IPO Price: \u20b9147 to \u20b9155 IPO Date Range: Feb 5, 2024 - Feb 7, 2024 Foundation & Business Essence Established in 1987, Apeejay Surrendra Park Hotels Limited is a prominent player in the hospitality industry. The company operates under various brand names, including \"THE PARK,\" \"THE PARK Collection,\" \"Zone by The Park,\" […]<\/p>\n","protected":false},"author":1,"featured_media":5644,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[336],"tags":[],"class_list":["post-5638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/comments?post=5638"}],"version-history":[{"count":5,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5638\/revisions"}],"predecessor-version":[{"id":5668,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5638\/revisions\/5668"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/5644"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=5638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=5638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=5638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}