India’s hospitality space is set to see heightened competition with three companies having filed its IPO prospectus in the past three-four months and as the market await the demerger of ITC’s hotels business in the last quarter of this fiscal, according to Jefferies.
Three companies in hospitality segment namely Schloss Bangalore (Leela), Ventive Hospitality and Brigade Hotels have filled IPO prospectus in past 3-4 months. “Cumulatively, these companies are looking to raise Rs 8,000 crore in…
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