Apeejay Surrendra Park Hotels IPO Details

Open Date

05 Feb 24

07 Feb 24


₹920 Cr

Lot Size

IPO Size

Listing At


Listing Date

Price Range

₹147 to ₹155

Close Date

Allotment Date

08 Feb 24

12 Feb 24

IPO Details

Established in 1987, Apeejay Surrendra Park Hotels operates in the hospitality industry and runs hotel chains with asset ownership. As of September 2023, the company ranks in the eighth position in India as per chain affiliated hotel room inventory. The company has categoried its hotel chain into two categories i) upscale hotels under which comes the brands “THE PARK” and “THE PARK Collection” ii) upper-midscale under which comes the brands “Zone by The Park” and “Zone Connect by The Park”. Recently the company has started economy hotels under “Stop by Zone”.

About the Company

    • To repay or prepay in full or part the borrowings obtained by the company    • General corporate purposes


The book-running lead managers to the offer are: JM Financial Ltd,  Axis Capital Ltd,   ICICI Securities Ltd

Book Runners

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