Apeejay Surrendra Park Hotels IPO
Luxury Hospitality - Listed on 12 February 2024
Apeejay Surrendra Park Hotels IPO listing summary
Apeejay Surrendra Park Hotels (Luxury Hospitality) closed its IPO window in 2024 and listed on NSE and BSE on 12 February 2024 at an upper band issue price of Rs 148, opening at Rs 190.19 for a listing gain of +28.5% and closing day one at Rs 203.55 (+37.5% on closing basis). The IPO was subscribed 59.66x overall - QIB 75.14x, HNI/NII 52.41x, Retail 30.35x. The total issue size was Rs 920 Cr (Fresh Issue Rs 600 Cr, OFS Rs 320 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Apeejay Surrendra Park Hotels IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 55 | +27.03% |
| Day 2 | Rs 55 | +27.03% |
| Day 3 | Rs 65 | +27.03% |
| Day 4 | Rs 40 | +23.65% |
| Day 5 | Rs 35 | +27.03% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Apeejay Surrendra Park Hotels IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Apeejay Surrendra Park Hotels IPO - FAQs
What was the listing gain of Apeejay Surrendra Park Hotels IPO?
Apeejay Surrendra Park Hotels IPO listed at +28.5% versus the upper issue price of Rs 148 on 12 February 2024.
How many times was Apeejay Surrendra Park Hotels IPO subscribed?
Apeejay Surrendra Park Hotels IPO was subscribed 59.66x overall. QIB portion was subscribed 75.14x, HNI / NII 52.41x and Retail 30.35x.
What was the IPO GMP for Apeejay Surrendra Park Hotels?
IPO GMP started at Rs 55 on Day 1 and moved to Rs 35 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.