
✓
Open
20 Dec 2024
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Close
24 Dec 2024
3
Allotment
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Listing
Mon, Dec 30, 2024
Price Band
₹610 to ₹643
Issue Size
2,48,83,778 shares (agg. up to ₹1,600 Cr)
Lot Size
23 Shares
Listing Date
Mon, Dec 30, 2024
Latest GMP
₹80
Est. Gain
12.44%
✦ AI Insight
GMP Trend
30-12-2024₹80Est. ₹723+12.44%
29-12-2024₹70Est. ₹713+10.89%
28-12-2024₹83Est. ₹726+12.91%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 6.12x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 8,794.10 | 8,606.17 | 8,010.41 | |
| Total Income | 875.90 | 1,907.38 | 1,762.19 | 1,197.61 |
| Profit After Tax | -137.83 | -66.75 | 15.68 | -146.20 |
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Juniper Hotels Ltd. | Mainboard | ₹1,800.00 Cr | ₹360 | null | ₹401.50 | +11.53% | ₹194.97 (-0.99%) |
| Apeejay Surrendra Park Hotels Ltd. | Mainboard | ₹920.00 Cr | ₹155 | 56.33 | ₹203.55 | +31.32% | ₹128.67 (-0.96%) |
| Jungle Camps India Ltd. | SME | ₹29.42 Cr | ₹72 | 22.88 | ₹129.96 | +80.50% | ₹49.95 (+5.47%) |
| Saj Hotels Ltd. | SME | ₹27.63 Cr | ₹65 | 21.7 | ₹52.45 | -19.31% | ₹44.65 (+14.19%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/prepayment, in part or full, of certain of borrowings availed by the Company and subsidaries, namely SS & L Beach Private Limited and Maldives Property Holdings Private Limited | 1,400.00 |
| 2 | General Corporate Purposes | 119.46 |
| Total | 1,519.46 |
About Ventive Hospitality IPO
Incorporated in February 2002, Ventive Hospitality Limited is in the hospitality business, primarily focusing on business and leisure segments. The company primarily 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. As of September 30, 2024, the company had 2,791 permanent employees and employed 632 personnel on a contract basis across its hospitality assets. Competitive Strengths Premium hospitality assets complemented by Grade A annuity assets Establis
Contact Details
Ventive Hospitality Ltd. Address2 nd Floor, Tower D, Tech Park OneYerwadaPune, Maharashtra, 411006+91 2069061900CS@ventivehospitality.comVisit Website