Prestige Group: Prestige Hospitality IPO: Prestige Estate Arm Submits Papers to Raise INR 2,700 Cr

Prestige Hospitality Ventures (PHVL)-the hospitality development arm of real estate bellwether Prestige Estates Projects (PEPL)-has filed its draft papers with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO) aggregating up to INR 2,700 crore. Prestige Hospitality IPO will be a mix of a fresh issue of INR 1,700 crore [...]