Leela hotels makes weak market debut, list 7% below IPO price |...

Dununu.com Dununu

Sponsored

Leela hotels makes weak market debut, list 7% below IPO price

RSS Feed Business

Posted

56

Schloss Bangalore Ltd, owner of "The Leela" brand, had a weak stock market debut, listing below its IPO price. Shares opened at Rs 406 on NSE and Rs 406.50 on BSE, against an IPO price of Rs 435. Despite the brand's strength and expansion, investor caution prevailed. The IPO was subscribed 4.5 times.

Read Full Article

Please log in to like, share and comment!

Why were so many Thai farmers among hostages held by Hamas?

Israel has recovered the body of Nattapong Pinta, a Thai hostage held in Gaza since the October...

By 0 16

Cocaine in cement bags: Indian-origin Gurvinder Singh arrested in Australia for running international smuggling network

By 0 16

'I'm sorry to see...': Chirag Paswan says 'misgivings' being created that he wants to be Bihar CM

By 0 22

Trump says Musk has ‘lost his mind’ amid growing rift

WASHINGTON DC: U.S. President Donald Trump said Friday that tech billionaire Elon Musk has...

By 0 34

PM Modi meets UK foreign secretary: Calls for united global action against terrorism; hails India-UK FTA potential

By 0 46