Park Hotels IPO subscribed 2x on first day; retail portion booked 5 times
The quota for retail investors was booked 5.2 times, while the portion set aside for QIB and NII received 1.16 times and 2.46 times bids, respectively.
The quota for retail investors was booked 5.2 times, while the portion set aside for QIB and NII received 1.16 times and 2.46 times bids, respectively.
Park Hotels looks to raise ₹930 crore via IPO route, a mixture of fresh issuance of equities worth ₹600 crore and an OFS of ₹320 crore shares.