Ventive Hospitality IPO Details
IPO Issue Open Date: | 20 December 2024 |
IPO Issue Close Date: | 24 December 2024 |
IPO Issue Price Band: | ₹610 to ₹643 Per Share |
Face Value: | ₹1 Per Equity Share |
IPO Issue Size: | ₹1600 Crores | 2,48,83,358 shares |
Fresh Issue: | ₹1600 Crores | 2,48,83,358 shares |
Offer for Sale: | ₹[.] Crores |
Issue Type: | Book Built Issue |
IPO Listing At: | BSE & NSE |
IPO Retail Quota: | Not more than 10% |
QIB Quota: | Not more than 75% |
NII Quota: | Not more than 15% |
Employee Discount: | ₹[.] per share |
Ventive Hospitality IPO Prospectus:
Checkout the Ventive Hospitality IPO Prospectus of DRHP and RHP file.
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Ventive Hospitality IPO Dates Timeline
Issue Open Date: | 20 December 2024 |
Issue Close Date: | 24 December 2024 |
Basis of Allotment Date: | 26 December 2024 |
Refunds Initiation: | 27 December 2024 |
Shares Credit in Demat: | 27 December 2024 |
IPO Listing Date Detail: | 30 December 2024 |
Ventive Hospitality IPO Market Lot
Application | Lot Size, Shares and Price Details |
Retail (Min) | 1 lots and 23 shares = ₹14,789 |
Retail (Max) | 13 lots and 299 shares = ₹1,92,257 |
S-HNI (Min) | 14 lots and 322 shares = ₹2,07,046 |
B-HNI Minimum | 68 lots and 1,564 shares = ₹10,05,652 |
Ventive Hospitality IPO GMP*
GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
26tth Dec | ₹67 | ₹1300 | ₹- | 10% |
25th Dec | ₹72 | ₹1300 | ₹- | 11% |
24th Dec | ₹45 | ₹500 | ₹- | 7% |
21th Dec | ₹35 | ₹800 | ₹- | 5% |
20th Dec | ₹55 | ₹900 | ₹- | 9% |
19th Dec | ₹- | ₹- | ₹- | ₹- |
18th Dec | ₹- | ₹- | ₹- | ₹- |
17th Dec | ₹- | ₹- | ₹- | ₹- |
Check Live GMP
About Ventive Hospitality
Ventive Hospitality Limited was incorporated in February 2002 and is one of the leading hospitality property owners that focuses on the business of luxury offerings and leisure segments. Some global operators like Marriott, Hilton, Minor, and Atmosphere run or franchise all of their hospitality properties. JW Marriott, Pune, The Ritz-Carlton, Pune, Conrad, Maldives, Anantara, Maldives, and Raaya by Atmosphere, Maldives are some of the luxury properties businesses owned by Ventive Hospitality Limited. They have a total of 11 operational hospitality properties in India and Maldives, with an overall 2,036 properties across the luxury, upper, and upscale segments as of March 31, 2024. Ventive Hospitality owns three luxurious properties in Maldives making it some of the most loved tourist destinations for many. As of March 31, 2024, the company operates a total of 11 hospitality properties, of which 7 properties (1331 rooms) were built by the company, and the remaining 4 properties (705 rooms) were purchased by the company.
Ventive Hospitality IPO Strengths
- 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
Objects of the IPO Issue
- Repayment/prepayment, in part or full, of certain of borrowings availed by the company:
- For payment of interest accrued thereon; andFor payment of interest accrued thereon; and
- General corporate purposes.
Ventive Hospitality Company Financial Report
The company reported revenue of ₹494.71 crores in 2024 against ₹441.75 crores in 2023. The company reported a profit of ₹166.32 crores in 2024 against a Profit of ₹131.27 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹237.51 | ₹201.48 | ₹29.43 | ₹824.92 |
2023 | ₹441.75 | ₹282.57 | ₹131.27 | ₹779.29 |
2024 | ₹494.71 | ₹289.52 | ₹166.32 | ₹951.97 |
September 2024 | ₹388.93 | ₹352.45 | ₹20.76 | ₹8714.47 |
Ventive Hospitality IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
KPI | Values |
ROE: | -% |
ROCE: | -% |
EBITDA Margin: | 60.75% |
PAT Margin: | 33.62% |
Debt to equity ratio: | (24.95) |
Earning Per Share (EPS): | ₹15.92 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 50.31% |
Net Asset Value (NAV): | ₹31.65 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Chalet Hotels Limited | 13.54 | 66.04 | 15.03% | 90.08 | 1417.25 Cr. |
Samhi Hotels Limited | (14.67) | NA | NA | 47.63 | 957.39 Cr. |
Juniper Hotels Limited | 1.46 | 244.86 | 0.90% | 119.34 | 817.66 Cr. |
The Indian Hotels Company Limited | 8.86 | 87.89 | 13.13% | 71.16 | 6768.75 Cr. |
EIH Limited | 10.22 | 36.68 | 16.58% | 65.34 | 2511.27 Cr. |
Lemon Tree Hotels Limited | 1.88 | 69.10 | 11.75% | 19.52 | 1071.12 Cr. |
Apeejay Surrendra Park Hotels Limited | 3.82 | 42.96 | 5.74% | 56.13 | 578.97 Cr. |
Ventive Hospitality IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: ventive.ipo@sbicaps.com
Website: https://kosmic.kfintech.com/ipostatus/
Ventive Hospitality IPO Lead Manager
- Jm Financial Limited
- Axis Capital Limited
- Hsbc Securities & Capital Markets Pvt Ltd
- ICICI Securities Limited
- Iifl Securities Ltd
- Kotak Mahindra Capital Company Limited
- SBI Capital Markets Limited
Ventive Hospitality IPO allotment status noq on Link Intime website. Click on KFin Technologies Limited
to get allotment status.
Promoters of Ventive Hospitality
- Atul I
- Chordia
- Atul I
- Chordia HUF
- Premsagar Infra Realty Private Limited
- BRE Asia ICC Holdings Ltd
- BREP Asia
- India Holding Co VI Pte. Ltd.
Company Address
Ventive Hospitality Limited
2 nd Floor, Tower D, Tech Park One
Yerwada
Pune, 411006
Phone: +91 2069061900
Email: CS@ventivehospitality.com
Website: https://www.ventivehospitality.com/