Ventive Hospitality IPO GMP, Open Date, Price, Allotment Status

Ventive Hospitality IPO open date is on 20 December to 24 December 2024. This new IPO is a book-built issue of Rs 1600 crore. This upcoming IPO is entirely a fresh issue and no offer-for-sale component is present. 

Ventive Hospitality IPO price band is yet to be announced. Ventive Hospitality IPO GMP is 45 indicates mild bullish sentiment for this IPO among investors. 

Ventive Hospitality IPO lot size is yet to be announced. The IPO allotment status is finalised on Tuesday, December 26, 2024. The minimum investment for the retail investors for 1 lot is expected to be Rs 14,600. The registrar for the Ventive Hospitality IPO is Kfin Technologies Limited. The listing date is 30 December 2024. 

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Ventive Hospitality IPO GMP

Ventive Hospitality IPO GMP is around Rs 45 per share. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then Ventive Hospitality IPO GMP might rise in the coming days.

Ventive Hospitality IPO Price Band

Ventive Hospitality IPO price band is yet to be announced. The minimum amount of investment for the retail category is expected to be around Rs 14,600 and for small NII minimum investment is to be around Rs 2,07,522. The minimum investment for the Big NII is to be around Rs 10,07,964. 

Ventive Hospitality IPO Open Date, Close Date

Ventive Hospitality IPO open date is Thursday, 20 December 2024 and closing date is Monday, 24 December 2024. Initiation of refund date is 27 December 2024 and credit of shares will be on 27 December 2024.

Ventive Hospitality IPO Allotment Status

Ventive Hospitality IPO allotment status will be finalised on Tuesday, 26 December 2024. The listing will be on the BSE and NSE platforms on Monday, 30 December, 2024. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends. 

Ventive Hospitality IPO Listing Date

Ventive Hospitality IPO's listing date will be on Monday, 30 December 2024. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Ventive Hospitality IPO: Listing Date, Lot Size, Price Band

Ventive Hospitality IPO  Limited: About the Company

Ventive Hospitality Limited was incorporated in 2002, is in the hospitality business with a focus on business and leisure segments. Ventive Hospitality focuses on developing and managing high-end luxury hotels and resorts.

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 include JW Marriott, Pune. The Ritz-Carlton, Pune, Conrad, Maldives, Anantara, Maldives and Raaya by Atmosphere, Maldives.

The strengths are 1) Premium hospitality assets complemented by Grade A annuity assets. 2) Established track record of development and acquisition-led growth in India and the Maldives. 3) Well-positioned to benefit from strong industry tailwinds. 

Ventive Hospitality IPO Objectives

The funds raised from Ventive Hospitality IPO will be used for the repayment of the past borrowings and for payment of interest. Also, the funds will be utilized in the investment in the subsidiary. The remaining money will be used for general corporate purposes. 

Ventive Hospitality IPO: Key Dates, Allotment, Listing Date

Ventive Hospitality IPO Subscription Status, IPO Reservation

Ventive Hospitality IPO subscription status will be available after the IPO opens on 20 December 2024. In the QIB category 75% of the net offer is reserved. The remaining10% is reserved for the retail investors and 15% is for Non-Institutional investors. 

Ventive Hospitality IPO Lot Size Details

Ventive Hospitality IPO lot size is yet to be announced. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,600 and the maximum is 13 lots, amounting to be around Rs 1,94,699. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,07,522.

Ventive Hospitality IPO Promoter Holdings

Ventive Hospitality IPO promoters 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. Limited. The promoters' shareholdings before the IPO were 99.59%; however, after the IPO, shareholdings will decline.

Ventive Hospitality Limited Company Financials

Ventive Hospitality Limited posted revenue of Rs 1,907.38 crore and net loss of Rs -66.75 crore for the period ending on 31 Mar 2024. The company’s revenue increased by 8% and PAT dropped by -526% between the FY ending on 31 March 2024 and 31 March 2023. 

Ventive Hospitality IPO Registrar

Ventive Hospitality IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Ventive Hospitality IPO Lead Managers

Ventive Hospitality IPO lead managers are JM Financial Limited, Axis Capital Limited, HSBC Securities, ICICI Securities, IIFL Securities, Kotak Mahindra Capital, SBI Capital Markets Limited.

How to apply to Ventive Hospitality IPO

Interested investors can apply to the Ventive Hospitality IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul. 

Ventive Hospitality IPO Review

Ventive Hospitality IPO may get a positive response from the general public. The company is involved in the hospitality business, investors interested in the hospitality sector can apply to this IPO. 

This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then Ventive Hospitality IPO GMP will also rise. 

Ventive Hospitality IPO FAQ

1. What are the details of the Ventive Hospitality IPO?

Ventive Hospitality IPO is a book-built issue of Rs 1600 crore. This upcoming IPO is entirely a fresh issue and no offer-for-sale component is present. 

2. When will the Ventive Hospitality IPO open and close?

Ventive Hospitality IPO open date is Thursday, 19 December 2024 and closing date is Monday, 23 December 2024. Initiation of refund date is 26 December 2024 and credit of shares will be on 26 December 2024.

3. What is Ventive Hospitality IPO GMP?

Ventive Hospitality IPO GMP is around Rs 45 per share. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then Ventive Hospitality IPO GMP might rise in the coming days.

4. What are the details of Ventive Hospitality IPO reservation?

Ventive Hospitality IPO subscription status will be available after the IPO opens on 20 December 2024. In the QIB category 75% of the net offer is reserved. The remaining10% is reserved for the retail investors and 15% is for Non-Institutional investors. 

5. Write the details of the IPO Allotment Status?

Ventive Hospitality IPO allotment status will be finalised on Tuesday, 26 December 2024. The listing will be on the BSE and NSE platforms on Monday, 30 December, 2024. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends. 

6. Who is the registrar and lead managers for Ventive Hospitality IPO?

Ventive Hospitality IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. 

The lead managers are JM Financial Limited, Axis Capital Limited, HSBC Securities, ICICI Securities, IIFL Securities, Kotak Mahindra Capital, SBI Capital Markets Limited.

Also Read:

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• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?