 "IPO")
Lemon Tree Hotels ended 28% higher at Rs 71.6 levels as compared to its issue price on the Bombay Stock Exchange (BSE). The stock had listed at Rs 61.60, a 10% premium against issue price of Rs 56.
The Rs 10.39 billion initial public offering (IPO) of Lemon Tree Hotels was overall subscribed 1.19 times. The IPO received total bids of 15.49 million shares as against the total issue size of 12.98 million, the stock exchange data showed.
The Qualified Institutional Buyers (QIB) emerged as lead bidders, with 3.89 times of their portion subscribed. Non-institutional investor portion and the
The Rs 10.39 billion initial public offering (IPO) of Lemon Tree Hotels was overall subscribed 1.19 times. The IPO received total bids of 15.49 million shares as against the total issue size of 12.98 million, the stock exchange data showed.
The Qualified Institutional Buyers (QIB) emerged as lead bidders, with 3.89 times of their portion subscribed. Non-institutional investor portion and the
