The IPO comprises a fresh equity issue of Rs 600 crore and an offer for sale of Rs 320 crore. Under the OFS, promoter Apeejay Pvt Ltd will offload shares worth Rs 296 crore.
Is IHCL plan to double the number of hotels & revenue in next 5 years a conservative target? Puneet Chhatwal explains the math
Indian Hotels Company Ltd (IHCL) plans to double its revenue to Rs 15,000 crore over the next five years. The company will expand its portfolio