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Apeejay Surrendra Park IPO - all you need to know

31 Jan 2024 , 09:51 PM

Apeejay Surrendra Park IPO is a book-built issuance worth ₹920 Crore. The offering consists of a new issuance of ₹600 Crore and an offer for sale of ₹320 Crore.

Apeejay Surrendra Park’s initial public offering (IPO) will begin on February 5, 2024 and terminate on February 7, 2024. The allocation for the Apeejay Surrendra Park IPO is slated to be completed on Thursday, February 8, 2024. 

Apeejay Surrendra Park IPO will be listed on the BSE and NSE, with a preliminary listing date set for Monday, February 12, 2024.

Apeejay Surrendra Park’s IPO price band is ₹147 to ₹155 per share. The minimum lot size for an application is 96 shares. The minimum investment for retail investors is ₹14,880. The minimum lot size investment for sNII is 14 lots (1,344 shares) worth ₹208,320, while for bNII it is 68 lots (6,528 shares) for ₹1,011,840.

The book running lead managers for the Apeejay Surrendra Park IPO are Jm Financial Limited, ICICI Securities Limited, and Axis Capital Limited, with Link Intime India Private Ltd serving as the issue’s registrar.

The Employee discount for the above issue is 7 per share.

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