Dream Gateway plans to raise Rs. 40 Cr through IPO

ipoBy Accommodation Times Bureau


Dream Gateway Hotels Pvt Ltd, the flagship company of city-based Jain Group, is planning to come out with an initial public offering (IPO) and get listed on the BSE SME.

A company official said It would file its draft red herring prospectus (DRHP) with the bourse in December.

The executive director of Jain Group, Rishi Jain said, “Dream Gateway Hotels would issue fresh shares to raise Rs 39 crore from the IPO.”

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