New Delhi, Jan 28 (PTI) IPO-bound Chalet Hotels -- which owns, develops and manages high-end hotels in major metro cities -- has allotted 1,75,84,071 equity shares in the upper band of Rs 280 per unit, aggregating to Rs 492.35 crore, as part of the anchor investor allotment.

Among 27 anchor investors, SBI Small Cap Fund has been allotted 17,85,729 equity shares, while Fidelity Funds - India Focus Fund and Goldman Sachs India have been allotted 14,28,615 equity shares each.

Others are HDFC Small Cap Fund and HDFC Standard Life Insurance Company, which are allotted 12,14,336 shares each. DB international (Asia) is allotted 11,90,439 equity shares, among others.

Chalet Hotels Friday announced a Rs 1,600-crore initial public offering which includes issue of fresh equity and also sale by promoters.

The issue will open on January 29 and close 31st of this month. PTI VHP

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)