Apeejay Surrendra Park Hotels IPO listing date out. GMP signals strong debut of shares

livemint.com:

Apeejay Surrendra Park Hotels IPO: The listing date of the initial public offering (IPO) of Apeejay Surrendra Park Hotels Limited has been fixed on 12th February 2024 i.e. on Monday next week.

As per the information available on the official website of BSE, Apeejay Surrendra Park Hotels share price will be listed on BSE and NSE in a special pre-open session on 12th February 2024. "Trading Members of the Exchange are hereby informed that effective from Monday, February 12, 2024, the equity shares of Apeejay Surrendra Park Hotels Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities," BSE notice says.

Also Read: IRFC share price: Will bull run continue in multibagger stock after Q3 results? Meanwhile, after the announcement of Apeejay Surrendra Park Hotels IPO listing date, the grey market has gone slightly bullish on the public issue of the hospitality company. According to stock market observers, Apeejay Surrendra Park Hotels shares are available at a premium of ₹38 in the grey market today.

Market observers said that Apeejay Surrendra Park Hotels IPO grey market premium (GMP) today is ₹38, which is ₹3 higher than its grey market premium on the last date of Apeejay Surrendra Park Hotels IPO date. They said that Apeejay Surrendra Park Hotels IPO allotment status has been declared and on Friday, Apeejay Surrendra Park Hotels IPO GMP climbed to the peak of ₹45 also.

They said that the rise in grey market sentiment can be attributed to the trend reversal on Dalal Street and the strong response given by the investors to the public issue. Also Read: Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — 12th Feb Stock market observers went on to add that Apeejay