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Apeejay Surrendra Park Hotels Ltd
NSE: PARKHOTELS BSE: 544111
₹115.56
(1.96%)
Thu, 11 Jun 2026, 03:12 am
Market Cap (in Cr)2517.82
PE Ratio37.50
Dividend0.42
Company History
1987
- The company was originally incorporated as Budget Hotels Private Limited.
1988
- The company opened its hotel 'The Park' in Delhi.
1990
- The company became a public company and changed its name to Budget Hotels Limited.
1994
- The company opened a restaurant called 'Some Place Else' in Kolkata.
1999
- The company purchased 'The Park' in Bangalore.
- Budget Hotels Limited became the wholly owned subsidiary of Apeejay Hotels Delhi.
2000
- The company opened its hotel 'The Park' in Bangalore.
2002
- The company opened its hotel 'The Park' in Chennai.
2003
- Apeejay Hotels Delhi and Gemini Hotels and Holdings Limited were amalgamated with the company, effective November 28, 2003.
- The company's equity shares were sub-divided from a face value of 100 to 10.
2004
- The company changed its name to Apeejay Surrendra Park Hotels Limited.
2007
- The company received investment from RECP IV Park Hotel Investors Ltd, RECP IV Park Hotel Co-Investors Ltd and REFS Park Hotel Investors Ltd.
2010
- The company opened its hotel 'The Park' in Hyderabad.
2012
- The company undertook a branding exercise to create 'The Park', 'The Park Collection' and 'Zone by The Park'.
2014
- The company opened its first property under the brand 'Zone by The Park' at Coimbatore.
2019
- The company acquired the confectionery business from Flury's Swiss Confectionery.
2021
- The company opened a restaurant called 'Someplace Else' at Mumbai.