Beware of any Telegram groups, WhatsApp groups, unauthorized websites or unverified apps, pretending to be Shoonya >

Grand Continent Hotels Limited IPO | Bidding Dates, Price Band, and Lot Size

Home » Investing » IPO » Grand Continent Hotels Limited IPO | Bidding Dates, Price Band, and Lot Size

Grand Continent Hotels Limited IPO is opening on 20 March 2025 and will close on 24 March 2025. This SME IPO is raising ₹74.46 crore from a complete fresh issue of 62.60 lakh shares. 

The Grand Continent Hotels IPO allotment date will be finalized on Tuesday, 25 March 2025. Grand Continent Hotels shares will probably be listed on NSE SME on Thursday, 27 March 2025. 

Grand Continent Hotels IPO price band has been set between ₹107 and ₹113 per share. The minimum number of shares or the lot size is 1200, making the minimum investment requirement for retail investors is ₹128400. The minimum lot size and investment amount for the HNIs is 2 lots, amounting to a minimum investment of ₹271200. 

Here Are the Quick Steps to Apply for the Grand Continent Hotels SME IPO with the Best IPO App!

Grand Continent Hotels NSE SME IPO Details

DetailInformation
IPO Opening DateMarch 20, 2025
IPO Closing DateMarch 24, 2025
Tentative IPO Listing DateMarch 27, 2025
Face Value₹10 per share
Price Range₹107 to ₹113 per share
Lot Size1200 shares
Total Issue Size6589200 Shares (₹74.46 Cr.)
Fresh Issue 6589200 Shares (₹74.46 Cr.)
IPO SegmentBook Built Issue IPO
Listing AtNSE SME
Share Holding Pre-Issue 18659003 shares
Share Holding Post-Issue 24919403 shares

Grand Continent Hotels Limited | Company Overview

Grand Continent Hotels Limited is a chain of hotels in India that caters to the mid-market segment. In India, it has around 19 properties currently spanning across 6 major cities. The total room capacity of the hotel group is around 900. 

Every hotel in this chain has been strategically located keeping in mind the comfort, and convenience of the guests.  

The USPs of the Grand Continent Hotels are – 

  • Round-the-clock and easy interaction services
  • Quality infrastructure which is easy to use by the guests 
  • Value for money services 
  • Onsite-dining options 
  • Conference hall
  • Banquet
  • WIFI-services
  • Easy accessibility 

The major locations where most of the hotels are located include – 

  • Karnataka – Bengaluru and Mysore
  • Tamil Nadu – Hosur
  • Goa – Morjim and Anjuna
  • Telangana – Secunderabad
  • Andhra Pradesh – Tirupati  

Want to subscribe to Grand Continent Hotels Ltd. IPO with the Best Investment App? Open a Demat Account Today!


Grand Continent Hotels Limited IPO | Key Details

  • Grand Continent Hotels IPO Opening Date: March 20, 2025,
  • Grand Continent Hotels IPO Closing Date: March 24, 2025.
  • Allotment Date: March 25, 2025
  • Price Band: ₹107 to ₹113 per share
  • Lot Size: 1200 shares 
  • Refunds Initiated: March 26, 2025
  • Shares Credited to Demat: March 26, 2025
  • Listing Date: March 27, 2025

Grand Continent Hotels Ltd: Financial Overview

Grand Continent Hotels Limited saw a massive surge in its profits in FY24 by 292.38% from a rise of 84.93% in its revenue on a YoY basis. 

Here are the details of the financials of the firm – 

Amounts in ₹ Crore

Financial Information31-Mar-2431-Mar-23Change Change (%)
Assets73.9142.2631.6574.89351633
Revenue31.5317.0514.4884.92668622
Profit After Tax4.121.053.07292.3809524
Net Worth29.990.5929.44983.050847
Reserve & Surplus26-0.4226.42-6290.47619
Total Borrowing 34.9637.07-2.11-5.69193418

Grand Continent Hotels Ltd IPO | FAQs

What is Grand Continent Hotels Ltd?

Grand Continent Hotels Ltd is a chain of hotels offering quality rooms, and facilities across southern part of the country.

What is the listing date of the Grand Continent Hotels IPO?

The tentative IPO listing date of Grand Continent Hotels has been fixed as Thursday, March 27, 2025.

When is the Grand Continent Hotels IPO bidding date?

The bidding date for the Grand Continent Hotels IPO is March 20, 2025, and it will continue until March 24, 2025.

What is the minimum IPO lot size for Grand Continent Hotels Holdings?

The minimum IPO lot size for Grand Continent Hotels is 1200 shares and for HNIs, it is 2 lots.

What is the expected IPO allotment time for Grand Continent Hotels Holdings?

The IPO allotment is expected to be finalized on Tuesday, March 25, 2025.

What is the IPO face value for Grand Continent Hotels Holdings?

The IPO face value is set at ₹10 per share.

______________________________________________________________________________________

Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.