February 5, 2024 - February 7, 2024

Apeejay Surrendra Park IPO Review & Recommendations

BP Equities (BP Wealth), Dilip Davda, Mehta Equities, Reliance Securities and Ventura Securities Limited have given "Apply" recommendation to Apeejay Surrendra Park IPO. Capital Market has "Neutral" view about the IPO. JM Financial Institutional Securities has "Not Rated" the IPO.

Apeejay Surrendra Park IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	5	0	1	0	1
%	71.43	0.00	14.29	0.00	14.29

Apeejay Surrendra Park IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
BP Equities (BP Wealth)	Apply
Capital Market	Neutral
Dilip Davda	Apply
JM Financial Institutional Securities	Not Rated
Mehta Equities	Apply
Reliance Securities	Apply
Ventura Securities Limited	Apply

Apeejay Surrendra Park IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Apeejay Surrendra Park IPO is 43. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer	Rating Score	Rating
Capital Market	43	Avoid, however active risk seekers can try

Apeejay Surrendra Park IPO Review by Dilip Davda (Apply)

[Dilip Davda] A niche player and leader of the segment on highest occupancy count, this IPO is sure to attract fancy post listing. A larger chunk of primary issue will be used to cut its debts and resultant boosted bottom line with lower finance cost. With its expansion plans afoot, it is poised for bright prospects. Off late we are also witnessing fancy for hospitality segment counters. Investors may park funds for the medium to long term rewards. Read detail review...

Apeejay Surrendra Park IPO Peer Comparison

Apeejay Surrendra Park Hotels Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	Financial statements
Apeejay Surrendra Park Hotels Limited	2.75	2.75	31.81		8.65	Consolidated
Chalet Hotels Ltd	9.06	9.06	75.33	54.38	12.03	Consolidated
Lemon Tree Hotels Ltd	1.45	1.45	10.78	65.30	16.46	Consolidated
Indian Hotels Company Limited	7.06	7.06	56.20	54.82	13.19	Consolidated
Eih Limited	5.03	5.03	53.96	41.75	9.75	Consolidated
Samhi Hotels Limited	-47.48	-47.48	2.51			Consolidated

Note:

P/E Ratio has been computed based on the closing market price of equity shares on BSE on August 11, 2023, divided by the Diluted EPS for the year ended March 31, 2023
Return on Net worth is calculated as restated profit/ (loss) for the year attributable to equity holders of the parent divided by Net worth at the end of the year
Net Asset Value per Equity Share is calculated as Net worth attributable to the owners of the company divided by number of Equity Shares outstanding at the end of the year".
Net worth means the aggregate value of the paid-up equity share capital and all reserves created out of the profits and securities premium account and debit or credit balance of profit and loss account after deducting the aggregate value of the accumulated losses as per the Restated Consolidated Summary Statements as on March 31, 2023; March 31, 2022 and March 31, 2021. Net worth represents equity attributable to equity holders of the Parent and does not include amount attributable to non- controlling interests.

Apeejay Surrendra Park IPO Review by Members

Apeejay Surrendra Park IPO Reviews, analysis and views by popular members. Read Apeejay Surrendra Park Hotels Limited IPO reviews by retail investors to find recommended ipo to buy.

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Apeejay Surrendra Park IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	4	1	0	1
%	66.67	16.67	0.00	16.67

Member	Review
Architbhai	Avoid High uncertainty February 7, 2024 12:35:28 AM
raj kk	May Apply for Long Term at Cut-off Price The Park hotels are gradually establishing as a strong brand in hospitality sector with attractive occupancy rates. The stock is aggressively priced but can apply for long tern February 5, 2024 6:05:44 PM
IPOTraders IPO Mentor (800+ Posts, 400+ Likes)	Apply for Listing Gain at Cut-off Price Apply for 10-25% listing gain February 5, 2024 3:52:32 PM
Md Afroz Alam Saddam	Apply for Long Term at Cut-off Price Apply for small listing gain but may be profitable for long term. Government is focusing on Tourism and hospitality sector so hope to give good return. Listing would be about 25% up. For long term it may surprise. February 5, 2024 9:48:10 AM
RajuGorai	Apply for Long Term at Cut-off Price Apply for small listing gain as well as long term. This year tourism and hospitality sector may give some return. Listing would be about 30% up February 4, 2024 12:04:52 PM
Maheshji	Apply for Long Term at Cut-off Price Now it's showing profit from last two quarters February 1, 2024 6:22:24 PM

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1 Comments

1. raj kk Link|February 5, 2024 9:53:30 AM

The Park hotels are gradually establishingvas a strong brand in hospitality sector with attractive occupancy rates. The stock is aggressively priced but can apply for good listing gains