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
| Detail | Information |
| IPO Opening Date | March 20, 2025 |
| IPO Closing Date | March 24, 2025 |
| Tentative IPO Listing Date | March 27, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹107 to ₹113 per share |
| Lot Size | 1200 shares |
| Total Issue Size | 6589200 Shares (₹74.46 Cr.) |
| Fresh Issue | 6589200 Shares (₹74.46 Cr.) |
| IPO Segment | Book Built Issue IPO |
| Listing At | NSE 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
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 Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
| Assets | 73.91 | 42.26 | 31.65 | 74.89351633 |
| Revenue | 31.53 | 17.05 | 14.48 | 84.92668622 |
| Profit After Tax | 4.12 | 1.05 | 3.07 | 292.3809524 |
| Net Worth | 29.99 | 0.59 | 29.4 | 4983.050847 |
| Reserve & Surplus | 26 | -0.42 | 26.42 | -6290.47619 |
| Total Borrowing | 34.96 | 37.07 | -2.11 | -5.69193418 |
Grand Continent Hotels Ltd IPO | FAQs
Grand Continent Hotels Ltd is a chain of hotels offering quality rooms, and facilities across southern part of the country.
The tentative IPO listing date of Grand Continent Hotels has been fixed as Thursday, March 27, 2025.
The bidding date for the Grand Continent Hotels IPO is March 20, 2025, and it will continue until March 24, 2025.
The minimum IPO lot size for Grand Continent Hotels is 1200 shares and for HNIs, it is 2 lots.
The IPO allotment is expected to be finalized on Tuesday, March 25, 2025.
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.