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The issue is scheduled to be active from February 5 to February 7.
The floor price of Rs 147 reflects 53.45 times the price-to-earnings ratio based on diluted
While the cap price of Rs 155 translates to a ratio of 56.36 times.
These ratios compare favourably with the industry average of 73.60, the hotel major said.
Investors can subscribe to the IPO in lots of 96 equity shares and multiples thereof.
Apeejay Surrendra Park Hotels, established in 1987, operates under renowned brands such as ‘The Park’. Additionally, the company has a presence in the retail food and beverage sector through its brand ‘Flurys’.
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