Grand Continent Hotels Limited IPO
NSE SME ClosedOffer Date: Mar 20, 2025 - Mar 24, 2025
₹ 135600 /1200 Shares
Grand Continent Hotels IPO Live Subscription Details
20 Mar, 2025
Open Date24 Mar, 2025
Close Date25 Mar, 2025
Allotment Date27 Mar, 2025
Listing DateIssue Price
₹107-113 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Link Intime India Private LtdMarket Lot
1200 Shares (₹135,600/-)Lead Manager
Indorient Financial Services LtdIssue Size
65,89,200 shares(aggregating up to ₹74.46 Cr)Retail Portion
35%Subscription
1.23 times
The IPO of Grand Continent Hotels is priced at ₹107-113 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Link Intime India Private Ltd is the registrar of the issue.
Grand Continent Hotels IPO bid opening date is from Mar 20, 2025 and the bid closing date was Mar 24, 2025.
Grand Continent Hotels IPO allotment result will be available on Mar 25, 2025. The tentative listing date for Grand Continent Hotels is Mar 27, 2025.
The total issue size is 65,89,200 shares(aggregating up to ₹74.46 Cr).
Grand Continent Hotels Valuations
EPS Pre IPO
₹2.21/-EPS Post IPO
₹5.47/-P/E Pre IPO
51.24P/E Post IPO
20.67ROE
25.0%ROCE
17.0%Debt/Equity
1.13RoNW
26.67%PAT Margin
13.05Price to Book Value
1.50Grand Continent Hotels Company Financials All values are in ₹ Cr.
| 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 97.94 | 73.91 | 42.26 | 34.37 |
| Revenue | 31.86 | 31.53 | 17.05 | 6.03 |
| Profit After Tax | 6.81 | 4.12 | 1.05 | -0.79 |
| Net Worth | 40.18 | 29.99 | 0.59 | -1.63 |
| Reserves & Surplus | 22.36 | 26.0 | -0.42 | -2.64 |
| Total Borrowing | 40.22 | 34.96 | 37.07 | 34.72 |
About The Company
Established in 2011, Grand Continent Hotels Limited is an Indian hotel chain. Grand Continent Hotels serves the mid-market segment, and it has 19 hotels across six key cities of India with more than 900 rooms.
The hotels are well-placed in the core business districts, aimed at serving the varied demands of business travelers and tourists alike.
Grand Continent Hotels raises the level of customer experience through simple service interactions, easy-to-use infrastructure, and a focus on value for money delivery. They put emphasis on sustained service levels, availability, and continuously benchmark and refresh services to match changing guest needs.
As of September 30, 2024, the Company and JV Partner Entities own and operate 16 hotels with 753 keys in Karnataka (Bengaluru/Mysuru), Tamil Nadu (Hosur), Goa (Anjuna/Morjim), Andhra Pradesh (Tirupati), and Telangana (Secunderabad).
The firm accommodates Indian middle-class visitors and corporate visitors with value-for-money propositions and differentiated comfortable services.
At the close of September 30 2024, the firm had employees totaling 538 across the firm's different departments.
Grand Continent Hotels - Promoter(s)
Pre Issue Share Holding: %
Post Issue Share Holding: %
Grand Continent Hotels IPO - Issue Objectives
- Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the Company
- Expansion of the Hotel properties in India
- General Corporate Purpose
Other Details
Grand Continent Hotels
S No. 245/1A/1B, Venpursham Village, Veeralapakkam, Thiruporur, Chengalpattu, Mamallapuram, Kanchipuram, Tirukalikundram-603110Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: grandcontinent.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Grand Continent Hotels IPO - FAQs
Ans. Grand Continent Hotels Limited IPO is a SME IPO. The issue is priced at ₹107-113 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Mar 20, 2025, and closes on Mar 24, 2025. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Grand Continent Hotels Limited IPO opens on Mar 20, 2025 and closes on Mar 24, 2025.
Ans. The size of Grand Continent Hotels Limited IPO is 65,89,200 shares(aggregating up to ₹74.46 Cr).
Ans. The IPO price band is set between ₹107-113 per equity share.
Ans. To apply for Grand Continent Hotels Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Grand Continent Hotels Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Grand Continent Hotels Limited IPO is Mar 25, 2025.
Ans. The Grand Continent Hotels Limited IPO will be listed on Mar 27, 2025.
Ans. Follow the steps to check the allotment status for Grand Continent Hotels Limited IPO here.
