Chalet Hotels was the first major IPO to hit the market in nearly four months
The portion reserved for institutional investors was subscribed 4.6 times, and the high networth individuals (HNI) portion subscribed 1.11 times
Chalet Hotels' IPO comprises a fresh issue of Rs 950 crore and an offer-for-sale of up to 2,46,85,000 equity shares
The bidding will close on January 31, 2019.
What distinguishes the company from its peers is its strong operational performance