Established in 2011, Grand Continent Hotels Limited is a prominent hotel chain in India, focusing on the mid-market segment. The company operates 19 properties across six major Indian cities, offering more than 900 rooms. Each hotel is strategically situated in prime urban locations, catering to the varied needs of both business and leisure travelers.

Grand Continent Hotels enhances the guest experience by offering simple service interactions, easy-to-navigate infrastructure, and a strong emphasis on delivering value for money. The company is dedicated to maintaining consistent service standards, ensuring availability, and regularly updating its offerings to align with changing guest expectations.

As of September 30, 2024, the company, along with its Joint Venture Partner Entities, manages 16 hotels with 753 keys across Karnataka (Bengaluru/Mysuru), Tamil Nadu (Hosur), Goa (Anjuna/Morjim), Andhra Pradesh (Tirupati), and Telangana (Secunderabad). Grand Continent Hotels primarily serves middle-class Indian guests and business travelers, providing comfortable, differentiated services at affordable prices.

The Grand Continent Hotels IPO is a book-built issue totaling Rs. 74.46 crores. This includes a fresh issue of 62.60 lakh shares amounting to Rs. 70.74 crores and an offer for sale of 3.29 lakh shares aggregating to Rs. 3.72 crores. The IPO subscription window opens on March 20, 2025, and closes on March 24, 2025. The share allotment is expected to be finalized by Tuesday, March 25, 2025. The IPO is set to list on the NSE SME platform, with a tentative listing date of Thursday, March 27, 2025.

The price band for the Grand Continent Hotels IPO is fixed at ₹107 to ₹113 per share. The minimum lot size for retail investors is 1,200 shares, requiring an investment of ₹1,28,400. For High Net Worth Individuals (HNIs), the minimum investment is 2 lots (2,400 shares), amounting to ₹2,71,200.

Grand Continent Hotels IPO Details

IPO Date	March 20, 2025 to March 24, 2025
Listing Date	[.]
Face Value	₹10 per share
Issue Price Band	₹107 to ₹113 per share
Lot Size	1,200 Shares
Total Issue Size	Approx ₹74.46 Crores
Fresh Issue	Approx ₹70.74 Crores
Offer for Sale	Approx 3,28,800 Equity Shares
Issue Type	Book Built Issue IPO
Listing At	NSE SME
Share Holding Pre Issue	1,86,59,003 shares
Share Holding Post Issue	2,49,19,403 shares

Grand Continent Hotels IPO Dates

The Grand Continent Hotels IPO subscription period begins on March 20, 2025, and concludes on March 24, 2025.

IPO Open Date	Thu, Mar 20, 2025
IPO Close Date	Mon, Mar 24, 2025
Tentative Allotment	Tue, Mar 25, 2025
Refunds	Wed, Mar 26, 2025
Credit of Shares to Demat	Wed, Mar 26, 2025
IPO Listing Date	Thu, Mar 27, 2025
UPI Mandate Confirmation Deadline	5 PM on March 24, 2025

Grand Continent Hotels IPO Market Lot

The minimum market lot for the Grand Continent Hotels IPO is set at 1,200 shares, requiring an application amount of ₹1,35,600.

Application	Lot Size	Shares	Amount
Retail Minimum	1	1200	₹1,35,600
Retail Maximum	1	1200	₹1,35,600
S-HNI Minimum	2	2400	₹2,71,200

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Grand Continent Hotels IPO: Everything You Need to Know