Pride Hotels IPO : Pride Hotels IPO Analysis
Pride Hotels IPO
The Pride Hotels said it has decided to come out with an IPO in the first quarter of 2008, to meet its expansion plans.
“Pride Hotels has received an investment from Kotak India Real Estate Fund towards part financing of its Rs 340 crore expansion-cum-renovation plan and aims to utilize the funds towards setting up new hotels in Mumbai, Goa, Bangalore and Alibaug,” group Chairman S P Jain told .