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Ventive Hospitality Limited IPO (Ventive Hospitality Limited IPO) Details

Ventive Hospitality Limited

Ventive Hospitality Limited IPO's overview

Ventive Hospitality Limited IPO is a book built issue of ₹1600.00 Cr (15,99,99,99,194). The issue includes a fresh issue of 2.49 Cr (2,48,83,358) shares aggregating to ₹1600.00 Cr (15,99,99,99,194).

Ventive Hospitality Limited IPO is open for subscription on Dec 20, 2024 and closes on Dec 24, 2024. The allotment for Ventive Hospitality Limited IPO is expected to be finalized on Dec 26, 2024. The shares will list on NSE, BSE with tentative listing date fixed as Dec 30, 2024.

Ventive Hospitality Limited IPO price band is set at ₹610 to ₹643 per share. The minimum lot size for an application is 23 Shares. The minimum amount of investment required by retail investors is ₹14,030.

Refer to Ventive Hospitality Limited IPO RHP for detailed information.

  • IPO date

    Dec 20,2024 - Dec 24,2024

  • Listing Date

    Dec 30,2024

  • Face value

    1

  • Price Band

    610 to ₹643 per share

  • Lot

    23 Shares

  • Total Issue Size

    2.49 Cr (2,48,83,358)

    aggregating up to 1600.00 Cr (15,99,99,99,194)

  • Fresh Issue

    2.49 Cr (2,48,83,358)

    aggregating up to ₹1600.00 Cr (15,99,99,99,194)

  • Issue Type

    Book Building

  • IPO Type

    Main Board
  • Listing At

    NSEBSE

  • Pre Issue Size

    20.87 Cr (20,86,57,830)

  • Post Issue Size

    23.35 Cr (23,35,41,188)

  • Fri, Dec 20, 2024

    IPO Open

  • Tue, Dec 24, 2024

    IPO Close

  • Thu, Dec 26, 2024

    Basis of Allotment

  • Fri, Dec 27, 2024

    Initiation of Refunds

  • Fri, Dec 27, 2024

    Credit of Shares to Demat

  • Mon, Dec 30, 2024

    Listing

Ventive Hospitality Limited IPO Day-wise IPO GMP Trend

Ventive Hospitality Limited IPO last GMP is ₹81, last updated Dec 29,2024. With the price band of 643.00, Ventive Hospitality Limited IPO's estimated listing price is ₹724 (cap price + today's GMP).The expected percentage gain/loss per share is 12.60%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
29-Dec-24643.0081
724(12.60%)29-Dec-2024 15:28
28-Dec-24643.0083
726(12.91%)28-Dec-2024 20:02
27-Dec-24643.0081
724(12.60%)27-Dec-2024 22:32
26-Dec-24643.0067
710(10.42%)26-Dec-2024 22:24
25-Dec-24643.0072
715(11.20%)25-Dec-2024 22:31
24-Dec-24643.0072
715(11.20%)24-Dec-2024 22:30
23-Dec-24643.0054
697(8.40%)23-Dec-2024 22:24
22-Dec-24643.0029
672(4.51%)22-Dec-2024 22:28
21-Dec-24643.0035
678(5.44%)21-Dec-2024 22:25
20-Dec-24643.0045
688(7.00%)20-Dec-2024 22:25
19-Dec-24643.0067
710(10.42%)19-Dec-2024 22:23
18-Dec-24643.000
643(0.00%)18-Dec-2024 22:32
17-Dec-24643.000
643(0.00%)17-Dec-2024 22:30
16-Dec-240
(0.00%)16-Dec-2024 05:04
15-Dec-240
(0.00%)15-Dec-2024 14:52

Ventive Hospitality Limited IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

12314,789

Retail(Max)

132991.92 Lakh (1,92,257)

SHNI(Min)

143222.07 Lakh (2,07,046)

SHNI(Max)

671,5419.91 Lakh (9,90,863)

BHNI(Min)

681,56410.06 Lakh (10,05,652)

Ventive Hospitality Limited IPO Reservation

Investor CategoryShares Offered
Offered to Employees30

Ventive Hospitality Limited IPO Financial Information (Restated Consolidated)

LabelSep 30, 2024Mar 31, 2024Mar 31, 2023Mar 19, 2022
Assets8,794.18,606.178,010.41
Revenue875.91,907.381,762.191,197.61
Profit After Tax-137.83-66.7515.68-146.2
Net Worth3,665.833,657.153,441.39
Reserves and Surplus
Total Borrowing3,682.133,599.663,291.07
Ventive Hospitality Limited Financial Information

About Ventive Hospitality Limited

Incorporated: February 2002
Industry: Hospitality (Luxury Hotels and Resorts)
Core Focus: Business and leisure hospitality segments, specializing in high-end luxury properties.


Key Business Highlights

  1. Operational Hospitality Assets:

    • 11 properties across India and the Maldives (as of September 30, 2024).
    • Total capacity: 2,036 keys spread across luxury, upper, and upscale segments.
  2. Global Operators:

    • Managed or franchised by renowned international operators such as:
      • Marriott
      • Hilton
      • Minor Hotels
      • Atmosphere Hotels & Resorts
  3. Prime Locations:

    • Key Indian cities: Pune and Bengaluru
    • Popular tourist destinations: Maldives
    • Spiritual and cultural centers: Varanasi

Luxury Property Portfolio

Pre-Acquisition Assets:

  • JW Marriott, Pune

Post-Acquisition Assets:

  • The Ritz-Carlton, Pune
  • Conrad, Maldives
  • Anantara, Maldives
  • Raaya by Atmosphere, Maldives

Maldives Focus:

  • Three luxury properties in the Maldives, globally recognized as leading tourist destinations.

Employee Base (As of September 30, 2024)

  • Permanent Employees: 2,791
  • Contract Employees: 632

Development and Acquisition Strategy

  • Built Properties:
    • 7 properties with a total of 1,331 keys developed by Ventive Hospitality.
  • Acquired Properties:
    • 4 properties with 705 keys.

Competitive Strengths

  1. Premium Hospitality Assets:

    • Positioned in luxury and upscale segments with Grade A annuity assets.
  2. Development and Acquisition Expertise:

    • Proven ability to grow through both organic development and strategic acquisitions.
  3. Renowned Promoters:

    • Expertise combining global and local insights in the luxury hospitality market.
  4. Experienced Management Team:

    • Professionals with a track record of delivering value through active asset management.
  5. Strong Market Positioning:

    • Well-situated to leverage industry growth trends, including increased demand for luxury and leisure hospitality.

Strategic Advantages

  1. Prime Locations:

    • Hotels and resorts located in prominent business cities, tourist destinations, and cultural centers ensure a diverse clientele and steady revenue streams.
  2. Global Partnerships:

    • Collaboration with leading operators enhances brand recognition and operational efficiency.
  3. Maldives Properties:

    • Three high-profile properties in a globally coveted destination, strengthening their international appeal.

Conclusion

Ventive Hospitality Limited is a prominent player in the luxury hospitality industry, with a strong presence in India and the Maldives. The company’s focus on premium assets, strategic acquisitions, and collaboration with global operators ensures sustained growth and value creation. Positioned to capitalize on industry tailwinds, Ventive Hospitality remains a leader in delivering world-class luxury hospitality experiences.

Ventive Hospitality Limited IPO's documents

Ventive Hospitality Limited Contact Details

2 nd Floor, Tower D, Tech Park One
Yerwada
Pune, 411006
Phone: +91 2069061900
Email: [email protected]
Website: https://www.ventivehospitality.com/

Ventive Hospitality Limited IPO's Promoters

The promoters of the company are Atul I. Chordia, Atul I. Chordia HUF, Premsagar Infra Realty Private Limited, BRE Asia ICC Holdings Ltd and BREP Asia III India Holding Co VI Pte. Ltd.

Ventive Hospitality Limited IPO Registrar