Ahead of IPO, Park Hotels garners Rs 409 crore from anchor investors
The Rs 920-crore IPO is a combination of a fresh issue of equity shares worth Rs 600 crore and an offer for sale (OFS) of equity shares to the tune of Rs 320 crore by promoters and investor shareholders.
The issue with a price band of Rs 147 to Rs 155 per share will open for public subscription on February 5 and conclude on February 7.