Ventive Hospitality IPO: Check IPO Date, Live Subscription and Key Details
Incorporated in February 2002, Ventive Hospitality Limited is a leading player in the business and leisure hospitality sectors, focusing on luxury hotels and resorts. As of September 30, 2024, it operates 11 premium properties in India and the Maldives, offering 2,036 keys for upscale travelers. Its portfolio includes iconic brands like JW Marriott Pune, The Ritz-Carlton Pune, Conrad Maldives, Anantara Maldives, and Raaya by Atmosphere Maldives, strategically located to blend accessibility with exclusivity for guests.
Price Range
₹610.0 - ₹643.0
Issue Size
₹1,600 Cr
Lot Size
23 shares
IPO Type
Mainboard
GMP
₹70(+10.89%)
Est. Listing Price
₹713
Estimate Profit
₹1,610
Retail Portion
-
Key Metrics
Check Live GMPGMPFace Value
₹1
EPS
-11.8
P/E Ratio
-54.48
RoNW
-1.82%
ROE
-%
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Timeline
IPO Opens
20 Dec
IPO Closes
24 Dec
Allotment
26 Dec
Listing
30 Dec
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 20 December 2024 | Subscription starts |
| IPO Close Date | 24 December 2024 | Subscription ends |
| Allotment Date | 26 December 2024 | Allotment |
| Listing Date | 30 December 2024 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹14,789 |
Retail (Max)Just less than ₹2,00,000 | 13 | ₹1,92,257 |
SHNI (Min)Just above ₹2,00,000 | 14 | ₹2,07,046 |
SHNI (Max)Below ₹10,00,000 | 67 | ₹9,90,863 |
BHNIAbove ₹10,00,000 | 68 | ₹10,05,652 |
IPO Objectives
- Repayment/prepayment, in part or full, of certain of borrowings availed by the company.
- For payment of interest accrued thereon
- Step-down Subsidiaries, namely SS & L Beach Private Limited and Maldives Property Holdings Private Limited, including the payment of interest thereon through investment in such step-down Subsidiaries
- General corporate purposes.
Strengths
- Ventive Hospitality operates a well-diversified portfolio of luxury hotels and resorts across India and the Maldives, catering to business, leisure, and spiritual travellers.
- The company collaborates with internationally renowned operators like Marriott, Hilton, and Atmosphere, enhancing brand credibility and operational excellence.
- Ventive Hospitality has a proven track record of acquiring and developing premium properties, ensuring consistent asset expansion and revenue growth.
Weaknesses
- The company’s total borrowings stand at ₹3,682.13 crores, which may impact financial flexibility.
- Despite revenue growth, Ventive Hospitality reported losses in FY24, indicating operational challenges.
- The hospitality sector is heavily influenced by economic fluctuations, which can impact occupancy and revenue.
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Financial Performance
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 0 | 8,794.1 | 8,606.17 | 8,010.41 |
| Revenue (₹ Cr.) | 875.9 | 1,907.38 | 1,762.19 | 1,197.61 |
| PAT (₹ Cr.) | -137.83 | -66.75 | 15.68 | -146.2 |
| Net Worth (₹ Cr.) | 0 | 3,665.83 | 3,657.15 | 3,441.39 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Chalet Hotels.. | 9.81 | 66.04 | 15.03% | 1,851 |
| Samhi Hotels.. | 4.49 | -97.74 | 18.71% | 1,039 |
| Juniper Hotels.. | 4.34 | 244.86 | 0.9% | 2,655 |
Subscription Details
No daily bids available.
No subscription statistics available.
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Company Details
- Ventive Hospitality Limited
- 2 nd Floor, Tower D, Tech Park One Yerwada
- +91 2069061900
- CS@ventivehospitality.com
- https://www.ventivehospitality.com/
Registrar Details
- Kfin Technologies Limited
- 04067162222, 04079611000
- ventive.ipo@kfintech.com
- https://kosmic.kfintech.com/ipostatus/
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