Ventive Hospitality Limited
CLOSEDIPO Date: 20 Dec - 24 Dec 2024
Listing Date: 30 Dec 2024
Price Range
₹610 to ₹643 per share
Issue Size
1600 Cr
Min Investment
₹14,030
Lot Size
23 Shares
Schedule of Ventive Hospitality Limited
Issue open date
20 Dec 2024
Issue close date
24 Dec 2024
UPI mandate deadline
24 Dec 2024 (5 PM)
Allotment finalization
26 Dec 2024
Share credit
27 Dec 2024
Listing date
30 Dec 2024
Mandate end date
8 Jan 2025
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 1600 Cr |
| Fresh Issue | 0 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 26 Dec 2024 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|
Performance Ventive Hospitality Limited
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹610 to ₹643 per share | .... | ₹ 705.5 | 9.72% |
About Ventive Hospitality Limited
Ventive Hospitality Limited is in the hospitality business, primarily focusing on business and leisure segments. The company focuses on developing and managing high-end luxury hotels and resorts. As of September 30, 2024, the company has 11 operational hospitality assets in India and the Maldives, with 2,036 keys across various upscale segments. The company's hospitality assets are operated by or franchised by global operators such as Marriott, Hilton, Minor and Atmosphere. The company's hotels are located in prime areas like Pune and Bengaluru, popular tourist spots such as the Maldives, and significant spiritual and cultural centres like Varanasi. The company's pre-acquisition luxury hospitality asset comprises JW Marriott, Pune, and its post-acquisition luxury hospitality assets comprise JW Marriott, Pune, The Ritz-Carlton, Pune, Conrad, Maldives, Anantara, Maldives and Raaya by Atmosphere, Maldives.
| Founded in | 2002 |
| Managing director | |
| Parent organization |
Financial Overview
Strengths
Risks
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 9.58 |
| Non-Institutional Investors (NIIs) | 14.6 |
| Retail Individual Investors (RIIs) | 6.19 |
| Employee | 10.03 |
| Total | 10.33 |