The IPO, with a complete provide measurement aggregating as much as INR 9,200 million [INR 920 crore], features a contemporary problem of Fairness Shares amounting to INR 6,000 million [INR 600 crore] and an Provide for Sale value INR 3,200 million [INR 320 crore] by Promoting Shareholders. The bidding window will stay open till Wednesday, February seventh, 2024, with the Anchor Investor Bidding Date set for Friday, February 2nd, 2024.
The Park Motels to launch INR 920 crore IPO on Feb 5; 56 accommodations in pipeline by 2026
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