Chalet Hotels allots equity shares worth INR 492 crore

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Chalet Hotels allots equity shares worth INR 492 crore


IPO-bound Chalet Hotels – which owns, develops and manages high-end hotels in major metro cities – has allotted 1,75,84,071 equity shares in the upper band of INR 280 per unit, aggregating to INR 492.35 crore, as part of the anchor investor allotment.

Among 27 anchor investors, SBI Small Cap Fund has been allotted 17,85,729 equity shares, while Fidelity Funds – India Focus Fund and Goldman Sachs India have been allotted 14,28,615 equity shares each.


Chalet Hotels allots equity shares worth INR 492 crore