Skip to content
The Mumbai

₹2,700 Crore Hospitality IPO Goes Off The Table, Prestige Group Cites Tough Market Conditions

₹2,700 Crore Hospitality IPO Goes Off The Table, Prestige Group Cites Tough Market Conditions
Photo: Free Press Journal · view original

Mumbai: Prestige Estates Projects Ltd has withdrawn plans for a ₹2,700 crore initial public offering (IPO) of its hospitality subsidiary, citing uncertain market conditions and strategic considerations. Prestige Hospitality Ventures Ltd (PHVL) had filed its draft red herring prospectus with the S...

Sources and story details