Apeejay Surrendra Park Hotels, India’s 8th largest hotel chain based on asset ownership, as reported by the Horwath HTL Report, operates a diverse portfolio of hospitality assets under various brands. These include “THE PARK,” positioned as an upscale luxury boutique brand, “THE PARK Collection” for small luxury properties, “Zone by The Park,” and “Zone Connect by The Park” in the upper mid-scale category. The company has recently introduced an economy motel brand, “Stop by Zone.”
Apeejay Surrendra Park Hotels, a player, in the hospitality industry has a history spanning more than fifty years. It all began with the inauguration of their flagship hotel “THE PARK,” located on Park Street, in Kolkata. Their collection of hotels can be classified into two categories; upscale and upper-mid-scale. They have established their presence across India.
The restaurants, nightclubs, and bars operated by Apeejay Surrendra Park Hotels are vital, for the company’s revenue. As of March 31, 2023, they have a collection of 80 establishments, including brands like Zen, Someplace Else, Tantra, Roxy, iBar, The Leather Bar, Pasha, and Aqua. The sales from food and beverages including wine and liquor make a contribution, to the income of the company.
In the industry, for food and beverages, the company manages a high-end chain called ‘Flurys,’ which has gained a reputation for its impressive performance. Flurys has surpassed its competitors in terms of EBITDA margin for the years 2022 and 2021 operating across India with 70 outlets in formats such, as restaurants, cafes, and kiosks.
Using their knowledge in the hospitality sector Apeejay Surrendra Park Hotels is planning to enhance and broaden its footprint, in the food and beverage industry. Their main focus will be, on expanding Flurys outlets across the country.
Apeejay Surrendra Park Hotels IPO Complete Details:
Apeejay Surrendra Park Hotels IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of Apeejay Surrendra Park Hotels is Around 70 Rs.
Objects Of Issue:
1. Settling or partially repaying specific outstanding loans obtained by our company, either in full or in part; and
2. Utilizing funds for general corporate purposes.
Promoters:
1)Priya Paul:
– Position: Chairperson and Executive Director
– Education: Bachelor’s degree in arts from Wellesley College, Massachusetts, USA
– Experience: Approximately 35 years in the hospitality sector.
2)Karan Paul:
– Position: Non-Executive Director
– Education: Bachelor’s degree in arts from Brown University, USA
– Experience: Approximately 31 years in managing and developing businesses across various sectors.
3)Apeejay Surrendra Trust
4)Great Eastern Stores Private Limited
FAQs:
When Apeejay Surrendra Park Hotels IPO is Opening?
Apeejay Surrendra Park Hotels IPO is Opening on 05 February 2024.
When is the Apeejay Surrendra Park Hotels IPO Closing?
Apeejay Surrendra Park Hotels IPO is Closing on 07 February 2024.
What is the Issue Size of the Apeejay Surrendra Park Hotels IPO?
The IPO Issue Size of Apeejay Surrendra Park Hotels is 920 Crore.
Price Band of Apeejay Surrendra Park Hotels IPO?
The price Band of Apeejay Surrendra Park Hotels IPO is 147 to 155 rupees per share.
What is the minimum investment for an Apeejay Surrendra Park Hotels IPO?
The minimum investment for the Apeejay Surrendra Park Hotels IPO is 14,880 Rupees.
Allotment Date of Apeejay Surrendra Park Hotels IPO?
The Allotment of Apeejay Surrendra Park Hotels IPO is on 08 February 2024.
Listing Date of Apeejay Surrendra Park Hotels IPO?
The Listing Of Apeejay Surrendra Park Hotels is Scheduled on 12 February 2024.
One Should Apply for Apeejay Surrendra Park Hotels IPO or Not?
Will Update Soon..
How to apply for Apeejay Surrendra Park Hotels IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Apeejay Surrendra Park Hotels IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Apeejay Surrendra Park Hotels IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Apeejay Surrendra Park Hotels IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Apeejay Surrendra Park Hotels IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Apeejay Surrendra Park Hotels IPO from the list ——–> Click on Apeejay Surrendra Park Hotels IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of Apeejay Surrendra Park Hotels?
JM Financial Limited, ICICI Securities Limited, and Axis Capital Limited are the Lead Managers of Apeejay Surrendra Park Hotels.
Where To Check the Allotment of Apeejay Surrendra Park Hotels IPO?
The allotment status for the Apeejay Surrendra Park Hotels IPO will be accessible on the Link Intime India Private Limited Website.
Apeejay Surrendra Park Hotels IPO is going to be listed at?
Apeejay Surrendra Park Hotels IPO is going to be listed at NSE and BSE.
What is the Lot Size of the Apeejay Surrendra Park Hotels IPO?
The lot size of the Apeejay Surrendra Park Hotels IPO is 96 Shares.
What is the P/E Ratio of the Apeejay Surrendra Park Hotels IPO?
The P/E Ratio of the Apeejay Surrendra Park Hotels is N/A.
What is the ROE of the Apeejay Surrendra Park Hotels IPO?
The ROE of the Apeejay Surrendra Park Hotels IPO is N/A.
What is the ROCE of the Apeejay Surrendra Park Hotels IPO?
The ROCE of the Apeejay Surrendra Park Hotels IPO is N/A.
What is the EPS of the Apeejay Surrendra Park Hotels IPO?
The EPS of the Apeejay Surrendra Park Hotels IPO is 2.75.
