OUR BUSINESS
Apeejay Surrendra Park is the 8th largest hotel chain amongst hotel chains with asset ownership in India (Source: Horwath HTL Report). We operate hospitality assets under our brands, “THE PARK”, “THE PARK Collection”, “Zone by The Park”, “Zone Connect by The Park” and “Stop by Zone”.We have a long-standing expertise of over five decades in the hospitality business of owning and operating hotels, with our first hotel being launched under our brand “THE PARK” at the iconic Park Street in Kolkata.
We have established a presence in the retail food and beverage industry through our retail brand ‘Flurys’. We have pioneered the concept of luxury boutique hotels in India under our brand, “THE PARK”, extending it further through “THE PARK Collection”, and in upper-midscale categories with our brands “Zone by The Park” and “Zone Connect by The Park”.
APEEJAY SURRENDRA PARK HOTEL LIMITED IPO DATE & PRICE BAND DETAILS
IPO Open Date - IPO Close Date - IPO Size ₹- IPO Fresh Issue ₹- Offer For Sale - IPO Face Value ₹2 Per Equity Share IPO Price Band [.] to ₹[.]. Per Every Share IPO Listing On NSE and BSE IPO Retail Quota % IPO QIB Quota % IPO NII Quota % IPO Discount N/A DRHP Draft Click Here RHP Draft Click Here Anchor Investor Click Here
APEEJAY SURRENDRA PARK HOTEL LIMITED IPO MARKET LOT DETAILS
Application Lot Size Shares Amount Retail Minimum - - ₹- Retail Maximum - - ₹- S-HNI Minimum - - ₹- B-HNI Minimum - - ₹-
OBJECTS OF THE OFFER
Our Company proposes to utilize the Net Proceeds towards funding the following objects:
1. Repayment/ prepayment, in full or in part of certain outstanding borrowings availed by our Company.
2. General corporate purposes.
APEEJAY SURRENDRA PARK HOTEL LIMITED IPO ALLOTMENT & LISTING DATE (DETAILS)
Price Band Announcement [.] Anchor Investor Allotment [.] IPO Open Date TBA IPO Close Date TBA Basis of Allotment [.] Refunds [.] Credit to Demat Account [.] IPO Listing Date TBA
APEEJAY SURRENDRA PARK HOTEL LIMITED FINANCIAL REPORT
₹ in Crores Year Revenue Total Assets PAT 31- Mar-2023 ₹524.43 ₹1,361.79 ₹48.06 31-Mar-2022 ₹267.83 ₹1,275.18 ₹-28.20 31-Mar-2021 ₹190.29 ₹1,280.34 ₹-75.88
OUR PROMOTERS
1. Karan Paul
2. Priya Paul
3. Apeejay Surrendra Trust
4. Great Eastern Stores Private Limited.
QUALITATIVE FACTOR
1. We have built successful hospitality brands through product innovation and service excellence to attract customers through a diversified and holistic offering.
2. A diversified Pan India portfolio of owned, leased, and managed hotels that are strategically located across metros and emerging cities.
3. High occupancy rate and REVPAR with a strong financial and operational track record.
4. High F&B and Entertainment contributions which add to stable and non-cyclical earnings while complementing the hotel business
5.“Flurys” is an iconic brand with a successful and profitable track record of industry-leading EBITDA margins.
6. Dedicated and experienced leadership team with high standards of corporate governance.
Basic & Diluted Earnings Per Equity Share (“EPS”)
Financial Year Ended Basic EPS (in ₹) Diluted EPS (in ₹) Weight March 31, 2023 2.75 2.75 3 March 31, 2022 (1.61) (1.61) 2 March 31, 2021 (4.34) (4.34) 1 Weighted Average 0.12 0.12
APEEJAY SURRENDRA PARK HOTEL LIMITED COMPANY CONTACT DETAILS
17, Park Street Kolkata –700 016
West Bengal, India
TELEPHONE +91 33 2249 9000
Email: investorrelations@asphl.in
Webiste: www.theparkhotels.com
APEEJAY SURRENDRA PARK HOTEL LIMITED IPO REGISTAR
Link Intime India Private Limited
C-101, 1stFloor
247 Park, L.B.S. Marg
Vikhroli WestMumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
Email: olaelectric.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor Grievance ID: olaelectric.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
