The budget speech mainly reflected on the key achievements of the present government over the past five years and their vision for India.

With this, the total number of company getting Sebi#39;s clearance for the public issues -- initial public offer (IPO) and follow on public offer (FPO) -- has reached to seven, so far in the new year.

The IPO will also include an offer by Reliance Capital to sell up to 79.5 million shares, Reliance Capital said.

The initial public offering of Chalet Hotels, which owns, develops and manages high-end hotels in key metro cities in India, was subscribed 1.57 times on the last day of bidding on Thursday.

The initial public offer (IPO) will see sale of 17,600,000 shares, amounting to 25 per cent stake, of the company through the offer for sale (OFS) route by the government, the draft prospectus filed with Sebi showed.

The initial public offering (IPO) to raise about Rs 1,641 crore received bids for 6,49,07,563 shares against the total issue size of 4,13,26,672 shares, as per NSE data till 1800 hrs.

The IPO, to raise about Rs 1,641 crore, received bids for 1,16,68,957 shares against the total issue size of 4,13,26,672 shares, according to data available with the National Stock Exchange (NSE).

ICICI Direct has come out with its report on Chalet Hotels Ltd. The research firm has recommended to "Subscribe" the IPO in its research report as on January 29, 2019

It operates five hotels, including a hotel with a co-located serviced residence, located in the Mumbai Metropolitan Region, Hyderabad, and Bengaluru, representing 2,328 keys, as of March 31, 2018.

We recommend investors to Subscribe for the Long term on the issue, said Hem Securities

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

Choice Broking has come out with its report onChalet Hotels Ltd. The research firm has recommended to "Subscribe" the IPO in its research report as on January 28, 2019