VENTIVE HOSPITALITY LIMITED

20 Dec 2024 - 24 Dec 2024 Individual Category Main Board BSE NSE

Min Investment

₹14789

Price Band

₹610-₹643

Issue Size

144.34 lakhs
Equity Shares

Lot Size

23

IPO Dates
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20 Dec 2024

Open Date

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24 Dec 2024

Close Date

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26 Dec 2024

Allotment Date

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30 Dec 2024

Listing Date

Ventive Hospitality IPO open date is on 20 December to 24 December 2024. This new IPO is a book-built issue of 2.62 crore equity shares. This upcoming IPO is entirely a fresh issue and no offer-for-sale component is present.  Ventive Hospitality IPO price band is Rs 610 - Rs 643. Ventive Hospitality IPO GMP is 45 indicates mild bullish sentiment for this IPO among investors.  Ventive Hospitality IPO lot size is of 23 shares. The IPO allotment status is finalised on Tuesday, December 26, 2024. The minimum investment for the retail investors for 1 lot is that is to be Rs 14,789. The registrar for the Ventive Hospitality IPO is Kfin Technologies Limited. The listing date is 30 December 2024. 

Know Before Investing

Strengths icon

  • Ventive Hospitality IPO: Premium hospitality assets complemented by Grade A annuity assets
  • Established track record of development and acquisition-led growth in India and the Maldives
  • Renowned Promoters with global and local expertise
  • Professional and experienced management team

Weaknesses icon

  • Ventive Hospitality IPO: If there is a decline in demand for office and retail properties our business financial condition results of operations and cash flows may be adversely affected.
  • They incur certain fixed costs and recurring costs in their operations and inability to effectively manage such costs may have an adverse effect on business results of operations and financial condition.
  • Their hospitality business is subject to seasonal and cyclical variations that could result in fluctuations in results of operations and cash flows.

About Ventive Hospitality Limited

Ventive Hospitality Limited was incorporated in 2002 and 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. 

Founded

2002

Managing Director

Atul Chordia

Parent Organization

IPO Objectives

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

Company Promoters

Atul I. Chordia

Atul I. Chordia HUF

Premsagar Infra Realty Private Limited

BRE Asia ICC Holdings Ltd

BREP Asia III India Holding Co VI Pte. Limited.

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

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