IPO

Ventive Hospitality Limited IPO

Mainboard Live

Offer Date: Dec 20, 2024 - Dec 24, 2024

Exp. Premium: 43-45 (6.69%)

₹ 14789 /23 Shares

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*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

Ventive Hospitality IPO Live Subscription Details

Date
:
20 Dec 2024,05:00:00 PM
QIBs
:
1.05
NII
:
NII (bids above ₹10L): 0.05x
NII (bids below ₹10L): 0.18x
NII Total: 0.10
Retail
:
0.61x
Employee
:
1.82x
Total
:
0.71 times
Ventive Hospitality IPO Details

20 Dec, 2024

Open Date

24 Dec, 2024

Close Date

26 Dec, 2024

Allotment Date

30 Dec, 2024

Listing Date

Issue Price

₹610-643 per equity share

Face Value

₹1 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Limited

Market Lot

23 Shares (₹14,789/-)

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

Issue Size

[.] shares(aggregating up to ₹1,600.00 Cr)

Retail Portion

10% (Number of Retail Applications: 1,08,121 Approx),
(Number of S-HNI Applications : 3,861 Approx),
(Number of B-HNI Applications : 7,723 Approx)

Subscription

0.71 times

Ventive Hospitality IPO Subscription Details

As onQIBNII
bNII   sNII
RetailTotal
Shares Offered / Reserved74,60,34237,30,171
24,86,929    12,43,242
24,86,7811,36,77,294
Day 1 - 20-12-24 05:00 PM1.05 x0.10
0.05 x   0.18 x
0.61 x0.71 x
Total No. of Applications: 60,684 (Approx)

Ventive Hospitality Valuations

EPS Pre IPO

-₹3.20/-

EPS Post IPO

-₹11.80/-

P/E Pre IPO

-201.01

P/E Post IPO

-54.48

RoNW

-1.82%

Ventive Hospitality Company Financials All values are in ₹ Cr.

31-Mar-2431-Mar-2331-Mar-22
Assets8,794.18,606.178,010.41
Revenue1,907.381,762.191,197.61
Profit After Tax-66.7515.68-146.2

About The Company

Incorporated in February 2002, Ventive Hospitality Limited is a leading hospitality player focused on the business and leisure segments. It focuses on developing and managing high-end luxury hotels and resorts that can offer world-class experiences to its guests. As of September 30, 2024, Ventive Hospitality has 11 premium hospitality assets in India and the Maldives, with 2,036 keys catering to upscale and luxury travelers.

Ventive Hospitality has managed some of the most luxurious properties around the world through the operations of globally recognized players such as Marriott, Hilton, Minor, and Atmosphere. Its pre-acquisition portfolio comprises the iconic JW Marriott Pune, and its post-acquisition assets comprise the luxury brands like The Ritz-Carlton Pune, Conrad Maldives, Anantara Maldives, and Raaya by Atmosphere Maldives. These properties have been strategically placed in cities like Pune and Bengaluru, the tourist destinations of Maldives, the spiritual and cultural destinations of Varanasi for a blend of accessibility with exclusivity to its guest.

The company is committed to operational excellence, which has been supported by a good number of permanent employees: 2,791 and contractual staff: 632. This is an assurance of smooth service with unforgettable guest experiences. The prime locations, partnerships with the leading global operators, and customer-centric approach that Ventive Hospitality has provided have made it a trustworthy name in the luxury hospitality sector.

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Ventive Hospitality - Promoter(s)

Pre Issue Share Holding: N/A%

Post Issue Share Holding: N/A%


Company Promoter(s)
  1. Atul I. Chordia
  2. Atul I. Chordia HUF
  3. Premsagar Infra Realty Private Limited
  4. BRE Asia ICC Holdings Ltd
  5. BREP Asia III India Holding Co VI Pte. Ltd

Ventive Hospitality IPO - Issue Objectives

  1. Repayment/prepayment, in part or full, of certain of borrowings availed by the company
  2. For payment of interest accrued thereon
  3. 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
  4. General corporate purposes.

Ventive Hospitality IPO - Anchor Investors

Blackstone-backed Ventive Hospitality IPO; Firm mops up Rs 720 crore from anchor investors.

Global investors like Government Pension Fund Global, Florida Retirement System, ABSL Umbrella Ucits Fund, Citigroup Global, Societe Generale, Copthall Mauritius Investment, and Tocu Europe invested in Ventive via anchor book.

Several domestic institutional investors including Quant Mutual Fund, SBI General Insurance, SBI Life Insurance, Tata Alternative Investment Fund, JM Financial MF, Nuvama, Samco MF, and Trust MF also participated in the anchor book.

Other Details

Company Contact Details

Ventive Hospitality

2 nd Floor, Tower D, Tech Park One, Yerwada,Pune, 411006

Phone: +91 2069061900

Email: CS@ventivehospitality.com

Website: https://www.bajajhousingfinance.in/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: vhl.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

Ventive Hospitality IPO - FAQs

Ans. Ventive Hospitality Limited IPO is a Mainboard IPO. The issue is priced at ₹610-643 per equity share. The minimum order quantity is 23 Shares. The IPO opens on Dec 20, 2024, and closes on Dec 24, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Ventive Hospitality Limited IPO opens on Dec 20, 2024 and closes on Dec 24, 2024.

Ans. The size of Ventive Hospitality Limited IPO is [.] shares(aggregating up to ₹1,600.00 Cr).

Ans. The IPO price band is set between ₹610-643 per equity share.

Ans. To apply for Ventive Hospitality Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Ventive Hospitality 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 Ventive Hospitality Limited IPO is Dec 26, 2024.

Ans. The Ventive Hospitality Limited IPO will be listed on Dec 30, 2024.

Ans. Follow the steps to check the allotment status for Ventive Hospitality Limited IPO here.

UPI Mandate for Bids placed between 5 PM and before 10 AM will be received after 10 AM.
Ventive Hospitality Limited IPO
Ventive Hospitality Limited IPO

Offer Date

Dec 20 - Dec 24, 2024

Offer Price

₹ 610-643

Lot Size

23


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