Apeejay Surrendra Park Hotels: 5 Chart Story
Mon, Feb 5, 2024 10:58 PM

Apeejay Surrendra Park Hotels: 5 Chart Story

A Flip by Shubhangi Gupta
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The Rs 920 crore IPO of Apeejay Surrendra Park Hotels is open for subscription from Feb 5-7. The company operates hotels under various brands and turned profitable in FY23. The issue consists of a fresh share sale of Rs 600 crore and an offer-for-sale worth Rs 320 crore. Despite high occupancy and growth potential, the company's valuation is at a discounted rate compared to its peers.

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