Source: DRHP of Lemon Tree Hotels Ltd
Lemon Tree Hotels prides itself on its human resources strategy which has led it to getting numerous awards.
What is funny is that its own employees seem to be in a frightful hurry to leave the company !
Source: DRHP of Lemon Tree Hotels Ltd
Lemon Tree Hotels prides itself on its human resources strategy which has led it to getting numerous awards.
What is funny is that its own employees seem to be in a frightful hurry to leave the company !
Astron Paper,a Kraft paper manufacturer, has come out with an IPO in the price band of Rs.45-50 per share
What is interesting is the shrewd way the merchant bankers have done the allocation- around 10% of the shares offered is to institutions and a whopping 52% is to HNIs.
The merchant bankers probably felt that HNIs with the help of IPO financing will ensure their IPO sails through.
Wonder if this will be a trend setter for other mid-sized IPOs.