
✓
Open
5 Feb 2024
✓
Close
7 Feb 2024
3
Allotment
—
✓
Listing
Mon, Feb 12, 2024
Price Band
₹147 to ₹155
Issue Size
5,93,57,646 shares (agg. up to ₹920 Cr)
Lot Size
96 Shares
Listing Date
Mon, Feb 12, 2024
Latest GMP
₹38
Est. Gain
24.52%
✦ AI Insight
GMP Trend
12-02-2024₹38Est. ₹193+24.52%
11-02-2024₹38Est. ₹193+24.52%
10-02-2024₹39Est. ₹194+25.16%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 35.19x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 1,382.51 | 1,361.79 | 1,275.18 | 1,280.34 |
| Total Income | 272.31 | 524.43 | 267.83 | 190.29 |
| Profit After Tax | 22.95 | 48.06 | -28.20 | -75.88 |
| NET Worth | 578.71 | 555.68 | 508.51 | 536.28 |
| Reserves and Surplus | 561.24 | 538.22 | 491.05 | 518.81 |
| Total Borrowing | 597.09 | 566.88 | 622.68 | 593.44 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| SAMHI Hotels Ltd. | Mainboard | ₹1,370.10 Cr | ₹126 | null | ₹143.40 | +13.81% | ₹165.10 (-2.79%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/prepayment, in full or in part of certain outstanding borrowings availed by the Company | 550.00 |
| 2 | General corporate purposes | 16.23 |
About Apeejay Surrendra Park Hotels IPO
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.+ Read More
Contact Details
Apeejay Surrendra Park Hotels Ltd. Address17, Park StreetKolkata, West Bengal, 700016+91 33 2249 9000investorrelations @asphl.inVisit Website