6 days ago
- Business
- Business Standard
TajGVK, Chalet: How to trade hotel stocks ahead of Leela Hotels listing?
Technical outlook on hotel stocks: Taj GVK, Juniper Hotels look good on charts, while EIH could face some downward pressure.
Rex Cano Mumbai
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Leela Hotels IPO which closed for subscription yesterday May 28, with up to 4.5 times demand compared to the issue size, and is slated to debut on the BSE and the NSE on Monday, June 2, 2025. Leela Hotels' ₹3,500 crore IPO, in the price band ₹413 – ₹434; garnered bids for around 21 lakh equity shares as against 4.66 lakh shares for sale. Data from NSE shows that retail investors quota was not fully subscribed. Today, shares of Leela Hotel are expected to be allotted to successful bidders. How to check allotment status Meanwhile, here's