BENGALURU, Sept 25 (Reuters): SAMHI Hotels Ltd, the owner of the largest number of Marriott and IHG -operated hotels in India, has filed for an initial public offering (IPO) to raise up to 11 billion rupees ($154.82 million) by issuing new shares.
Existing shareholders are also seeking to sell up to 19.1 million shares in the offering, with Blue Chandra Pte Ltd and Goldman Sachs Investments Holdings (Asia) Ltd looking to offload about 15 million shares in total, according to its prospectus here.
Indian owner of Marriott-operated hotels files for IPO
FE Team | Published: September 25, 2019 21:25:29
Indian owner of Marriott-operated hotels files for IPO
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