Mainboard IPOListedIndustrial & Financial Services

Apeejay Surrendra Park Hotels Limited IPO

Exchange: NSE & BSE · Face Value: ₹1

Current GMP

+₹38+24.5%

Est. Listing

₹193

Price Band₹147 – ₹155
Lot Size96 shares
Issue Size₹920 Cr
Open / Close2024-02-05 to 2024-02-07

IPO Details & Issue Structure

Issue Typemainboard
Face Value₹1 per share
Price Band₹147 – ₹155
Market Lot96 shares
Total Issue Size₹920 Cr
Listing AtNSE, BSE

Apeejay Surrendra Park Hotels Limited IPO Timetable

Issue Opens2024-02-05
Issue Closes2024-02-07
Basis of Allotment2024-02-08
Initiation of Refunds2024-02-09
Credit of Shares to Demat2024-02-10
Listing Date2024-02-12

Lot Size & Minimum Investment

ApplicationLotsSharesAmount
Retail (Min)196₹14,880
Retail (Max)131248₹1,93,440

Subscription Status

View Full
Overall Demand62.90x
QIB79.23x
NII (HNI)55.26x
Retail (RII)32x

Registrar & Allotment

Link Intime India Private Limited

https://linkintime.co.in/initial_offer/public-issues.htmlCheck Allotment Status

About Apeejay Surrendra Park Hotels Limited IPO & Grey Market Premium

Everything you need to know before applying for Apeejay Surrendra Park Hotels Limited IPO.

IPO Grey Market Premium (GMP) represents the unofficial premium at which Initial Public Offering (IPO) shares are traded among investors before they officially list on the stock exchanges (NSE/BSE). Traders closely track real-time GMP fluctuations to evaluate market sentiment.

What Does Positive GMP Indicate?

A strong positive grey market premium suggests solid buyer demand and market interest, hinting that the stock could open with healthy listing day gains above its issue price.

How Estimated Listing Price is Calculated

Estimated Listing Price = Upper Price Band + Current GMP (₹). For instance, if an issue is priced at ₹100 with ₹30 GMP, the estimated listing price is ₹130 (+30%).

Key Factors Affecting Live IPO GMP Today

  • Subscription Numbers: Heavy bidding observed by QIB (Qualified Institutional Buyers) and NII (Non-Institutional Investors) directly propels the grey market price upward.
  • Broader Market Sentiments: Nifty and Sensex trends have a direct bearing on pre-listing demand.
  • Allotment & Fundamentals: Fairly priced issues with steady buyer demand post-allotment maintain stable grey market demand compared to overvalued issues.

Apeejay Surrendra Park Hotels Limited IPO has a price band of ₹147 to ₹155 per equity share. The current live Grey Market Premium (GMP) is ₹38, which suggests an estimated listing price of ₹193 (24.5% premium).

To evaluate institutional demand and retail bid counts across BSE and NSE, investors can inspect the live live ipo subscription feed before finalizing their bidding strategy.

Disclaimer: Grey Market Premium (GMP) is an unregulated, unofficial over-the-counter pricing indicator. GMP fluctuates dynamically and does not guarantee official stock exchange listing gains. Always refer to SEBI-approved Red Herring Prospectus (RHP) before applying.
Apeejay Surrendra Park Hotels Limited IPO GMP Today, Subscription, Price Band & Review | GMP on IPO