Ventive Hospitality

Ventive Hospitality

Mainboard

₹14,789 / 23 Shares

Offer Date:Dec 20, 2024 - Dec 24, 2024
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Ventive Hospitality IPO Details

The Ventive Hospitality IPO price band is set between ₹610-643 per equity share, with a face value of ₹1 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.

The IPO date for subscription opens on 20 Dec, 2024 and closes on 24 Dec, 2024. Investors can check the allotment status on 26 Dec, 2024, while the listing date is tentatively scheduled for 30 Dec, 2024.

The total issue size is [2,48,83,358 shares, aggregating up to ₹1,600.00 Cr. Stay tuned for the latest Ventive Hospitality IPO review and GMP updates.

Ventive Hospitality IPO Review, Rating & Analysis

Ventive Hospitality IPO Review

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Ventive Hospitality IPO Rating

Ventive Hospitality IPO Highlights

IPO Date

Dec 20, 2024 - Dec 24, 2024

Listing Date

30 Dec, 2024

Face Value

₹1 Per Equity Share

Price Band

₹610-643 per equity share

Lot Size

23 Shares

Fresh Issue

Shares

Offer for Sale

-

Listing At

BSE, NSE

Ventive Hospitality IPO Lot Size

The minimum market lot for Ventive Hospitality IPO is 23 shares with an application amount of ₹14,789. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.

ApplicationLotsSharesAmount
Retail (Min)123₹14,789
Retail (Max)13299₹1,92,257
S-HNI (Min)14322₹2,07,046
S-HNI (Max)671541₹9,90,863
B-HNI (Min)681564₹10,05,652

Ventive Hospitality IPO Timeline

IPO Open Date
20 Dec, 2024
IPO Close Date
24 Dec, 2024
Basis of Allotment
26 Dec, 2024
Listing Date
30 Dec, 2024

Issue Price

₹610-643 per equity share

Face Value

₹1 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Limited

Lead Manager

Jm Financial LimitedAxis Capital LimitedHsbc Securities & Capital Markets Pvt LtdICICI Securities LimitedIifl Securities LtdKotak Mahindra Capital Company LimitedSBI Capital Markets Limited

Issue Size

[2,48,83,358 shares(aggregating up to ₹1,600.00 Cr)

Ventive Hospitality IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 248794.11907.38-66.753665.83-3682.13
31 Mar 238606.171762.1915.683657.15-3599.66
31 Mar 228010.411197.61-146.23441.39-3291.07

All values are in ₹ Cr.

Ventive Hospitality IPO Valuations

EPS Pre IPO

-₹3.20/-

EPS Post IPO

-₹11.80/-

PE Pre IPO

-201.01

PE Post IPO

-54.48

ROE

-

ROCE

-

Debt Equity

-

RoNW

-1.82%

PAT Margin

-

Price to Book Value

-

Promoters & Share Holding

Promoter(s) Name

  • Atul I. Chordia
  • Atul I. Chordia HUF
  • Premsagar Infra Realty Private Limited
  • BRE Asia ICC Holdings Ltd
  • BREP Asia III India Holding Co VI Pte. Ltd
Share Holding Pre IssueShare Holding Post Issue
99.59%88.98%

About Company

Incorporated in February 2002, Ventive Hospitality Limited is a leading hospitality player focused on the business and leisure segments. It focuses on developing and managing high-end luxury hotels and resorts that can offer world-class experiences to its guests. As of September 30, 2024, Ventive Hospitality has 11 premium hospitality assets in India and the Maldives, with 2,036 keys catering to upscale and luxury travelers.

Ventive Hospitality has managed some of the most luxurious properties around the world through the operations of globally recognized players such as Marriott, Hilton, Minor, and Atmosphere. Its pre-acquisition portfolio comprises the iconic JW Marriott Pune, and its post-acquisition assets comprise the luxury brands like The Ritz-Carlton Pune, Conrad Maldives, Anantara Maldives, and Raaya by Atmosphere Maldives. These properties have been strategically placed in cities like Pune and Bengaluru, the tourist destinations of Maldives, the spiritual and cultural destinations of Varanasi for a blend of accessibility with exclusivity to its guest.

The company is committed to operational excellence, which has been supported by a good number of permanent employees: 2,791 and contractual staff: 632. This is an assurance of smooth service with unforgettable guest experiences. The prime locations, partnerships with the leading global operators, and customer-centric approach that Ventive Hospitality has provided have made it a trustworthy name in the luxury hospitality sector.

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Ventive Hospitality IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved74,60,342
37,30,171

24,86,929    12,43,242
24,86,7811,36,77,294
Day 1 -20-12-24 05:00 PM
1.05 x
0.10

0.05 x   0.18 x
0.61 x0.71 x
Day 2 -23-12-24 05:00 PM
1.22 x
1.07

1.12 x   0.98 x
1.75 x1.28 x
Day 3 -24-12-24 05:00 PM
9.08 x
13.85

15.05 x   11.46 x
5.87 x9.80 x
Total No. of Applications:7,27,669 (Approx)
Retail Subscription:

Retail:5.44x

BHNI:2.89x

SHNI:11.86x times

Company Contact Details

Ventive Hospitality

2 nd Floor, Tower D, Tech Park One, Yerwada,Pune, 411006

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: vhl.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

Frequently Asked Questions about Ventive Hospitality IPO

When will Ventive Hospitality IPO open for subscription?

The Ventive Hospitality IPO opens on 20 Dec, 2024 and closes on 24 Dec, 2024.

What is the investors portion for Ventive Hospitality IPO?

The investors' portion for QIB is 9.08 x, NII is 15.05 x, and Retail is 5.87 x.

How to apply for Ventive Hospitality IPO?

You can apply for Ventive Hospitality IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.

What is the issue size of Ventive Hospitality IPO?

The issue size of Ventive Hospitality IPO is approx ₹[2,48,83,358 shares(aggregating up to ₹1,600.00 Cr) crores.

What is the price band of Ventive Hospitality IPO?

The price band for Ventive Hospitality IPO is ₹610 to ₹643 per equity share.

What is the lot size of Ventive Hospitality IPO?

The minimum bid (lot size) for Ventive Hospitality IPO is N/A shares with an investment of approx ₹14,789 .

What is the allotment date of Ventive Hospitality IPO?

The allotment date for Ventive Hospitality IPO is 26 Dec, 2024.

What is the listing date of Ventive Hospitality IPO?

The listing date for Ventive Hospitality IPO is expected to be 30 Dec, 2024.

What is the GMP of Ventive Hospitality IPO?

The latest Grey Market Premium (GMP) for Ventive Hospitality IPO is being updated regularly on IPOROCK.

PD

Parth D.

Founder & Lead Analyst

Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.

Ventive Hospitality IPO Date, Review, Price, Allotment Details, GMP | IPOROCK