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 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.
What is an IPO Price Band?
IPO price band is the price range of the upcoming IPO set by the issuing company after consulting investment banks handling the IPO. Within the price band, investors can bid for the shares during the IPO bidding time.
The IPO price band is set based on factors like market conditions, industry trends and company valuation. The IPO price bands include a floor price (minimum bid price) and a cap price (maximum bid price).
Investors submit the IPO bids within this IPO range during the IPO subscription period. The final issue price is determined through a process called book-building, where the company anticipates the investors demand. The IPO price band is important for investors and for ensuring a successful IPO launch.