Ventive Hospitality IPO Subscription Status
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 FAQ
1. 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.
2. 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.
3. 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.
4. 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.
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 Subscription?
The IPO subscription is a process by which investors bid for shares of the company during its first public offer. Investors from the different categories like retail, institutional and non-institutional apply for shares within the IPO price-band. The level of subscription is measured in terms of how many times shares offered are applied.
A higher subscription time in a specific category reflects strong investors' interest and high demand. Whereas, low subscription reflects lack of demand and under subscription. The subscription data is updated daily which drives the investors sentiment while applying for any IPO.