CLSA initiates Buy call on Juniper Hotels, expects 17% upside in stock price
CLSA has initiated coverage on Juniper Hotels with a ‘Buy’ rating and a target price of ₹430 per share
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CLSA has initiated coverage on Juniper Hotels with a ‘Buy’ rating and a target price of ₹430 per share
Out of the total allocation of 2,25,00,000 equity shares to the anchor investors, 75,00,000 equity shares were allocated to 7 domestic mutual funds through a total of 15 schemes amounting to Rs. 270 crore i.e. 33.33% of the Total Anchor Book Size.
Juniper Hotels Ltd, which runs hotels under the "Hyatt" brand, has received final observation from the Securities and Exchange Board of India (SEBI) to raise Rs 1800 crore through an initial public offering (IPO).