Ventive Hospitality IPO GMP Today, Ventive Hospitality IPO Grey Market Premium Updates | Ventive Hospitality IPO, Latest target, Opening gain
Ventive Hospitality IPO began on December 20, 2024. It will close on December 24, 2024. The Total IPO Size is ₹ 1,600.00 Cr Crore Approx. The company set its IPO price is ₹610 to ₹643 per share Per Share. There are three basic categories in Ventive Hospitality IPO Subscription:- 1) Qualified Institutional Buyers. 2) Non-Institutional Investors. 3) Retail.
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.
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 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.
As of September 30, 2024, the company had 2,791 permanent employees and employed 632 personnel on a contract basis across its hospitality assets.
The company’s hospitality assets are operated by or franchised by global operators such as Marriott, Hilton, Minor and Atmosphere.
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.
Competitive Strengths
- Premium hospitality assets complemented by Grade A annuity assets
- Established track record of development and acquisition-led growth in India and the Maldives
- Renowned Promoters with global and local expertise
- Professional and experienced management team
- Proven track record of adding value through active asset management
- Well-positioned to benefit from strong industry tailwinds
As of September 30, 2024, the company had 2,791 permanent employees and employed 632 personnel on a contract basis across its hospitality assets.
Ventive Hospitality IPO Details:
| Issuer | Ventive Hospitality IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: December 20, 2024 | |
| Issue Closes: December 24, 2024 | ||
| Price Brand | ₹610 to ₹643 per share | |
| Issue Size | ₹ 1,600.00 Cr | |
| Face Value | ₹1 per share | |
| Market Lot | 23 Shares | |
| Retail (Max) | ₹1,92,257 | |
| QIB | 75% | |
| HNI | 15% | |
| Retail Individual Bidders | 10% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | Share 2,48,83,358 | |
Ventive Hospitality IPO GMP Rates day by day
Ventive Hospitality IPO Market Lot:
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 23 | ₹14,789 |
| Retail (Max) | 13 | 299 | ₹1,92,257 |
| S-HNI (Min) | 14 | 322 | ₹2,07,046 |
| S-HNI (Max) | 67 | 1,541 | ₹9,90,863 |
| B-HNI (Min) | 68 | 1,564 | ₹10,05,652 |
Ventive Hospitality IPO Date, Allotment & Listing:
| Ventive Hospitality IPO Opening Date: | December 20, 2024 |
| Ventive Hospitality IPO Closing Date: | December 24, 2024 |
| Basis of Allotment: | December 26, 2024 |
| Initiation of Refunds: | December 27, 2024 |
| Credit to Demat Account: | December 27, 2024 |
| Listing Date: | December 30, 2024 |
Ventive Hospitality Limited Financial Information (Restated)
Ventive Hospitality Limited’s revenue increased by 8% and profit after tax (PAT) dropped by -526% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Assets | 8,794.1 | 8,606.17 | 8,010.41 | |||||||||||||||||||||||||||||||||||||
| Revenue | 875.9 | 1,907.38 | 1,762.19 | 1,197.61 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | -137.83 | -66.75 | 15.68 | -146.2 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 3,665.83 | 3,657.15 | 3,441.39 | |||||||||||||||||||||||||||||||||||||
| Total Borrowing | 3,682.13 | 3,599.66 | 3,291.07 | |||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
The market capitalization of Ventive Hospitality IPO is Rs 15016.70 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| RoNW | -1.82% |
| Price to Book Value | 3.66 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | -3.20 | -11.80 |
| P/E (x) | -201.01 | -54.48 |
Objects of the Issue (Ventive Hospitality IPO Objectives)
The Company proposes to utilise the Net Proceeds from the Fresh Issue towards the funding of the following objects:
- Repayment/prepayment, in part or full, of certain of borrowings availed by the company:
- For payment of interest accrued thereon; and
- Step-down Subsidiaries, namely SS & L Beach Private Limited and Maldives Property Holdings Private Limited, including the payment of interest thereon through investment in such step-down Subsidiaries;
- General corporate purposes.
Ventive Hospitality IPO ALLOTMENT STATUS
How to Apply for Ventive Hospitality IPO?
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How to Apply Ventive Hospitality IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Ventive Hospitality”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Ventive Hospitality IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Ventive Hospitality”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.
PARENT COMPANY FOR SHAREHOLDER QUOTA
IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
What is Ventive Hospitality IPO?
Ventive Hospitality IPO is a main-board initial public offering of 2,48,83,358 Equity shares of the face value of ₹1 aggregating up to ₹1,600.00 Crores. The issue price of the IPO is ₹610 to ₹643 Per Equity Share. The minimum order quantity is 23 Shares per application and the offer type is Book Built Issue. The IPO opens on December 20, 2024 and closes on December 24, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Ventive Hospitality IPO opens on December 20, 2024 and closes on December 24, 2024
How to apply for Ventive Hospitality IPO?
You can apply in Ventive Hospitality IPO online using either UPI or ASBA as payment method. Jm Financial Limited, Axis Capital Limited, Hsbc Securities & Capital Markets Pvt Ltd, ICICI Securities Limited, Iifl Securities Ltd, Kotak Mahindra Capital Company Limited, SBI Capital Markets Limited are the book running lead managers of the Ventive Hospitality IPO, while Kfin Technologies Limited is the registrar for the issue.
When Ventive Hospitality IPO allotment?
The finalization of Basis of Allotment for Ventive Hospitality IPO will be done on December 26, 2024 and the allotted shares will be credited to your demat account by December 27, 2024
Check the Ventive Hospitality IPO allotment status.
When is Ventive Hospitality IPO listing date?
The Ventive Hospitality IPO listing date is not yet announced. The tentative date of Ventive Hospitality IPO listing is December 30, 2024.
What is the lot size of Ventive Hospitality IPO?
Ventive Hospitality lot size is138 Shares and the minimum order quantity is 1 Share.