Ventive Hospitality Limited IPO is going to be one of the biggest mainboard IPOs before CY24 ends. It is opening on 20 December 2024 and will run until 24 December 2024. This IPO is going to raise ₹ 1600 crores from a fresh issue of 2.49 crore equity shares.
The allotment date for Ventive Hospitality Ltd. IPO will be finalized on Thursday, 26 December 2024. Ventive Hospitality shares will be probably listed on NSE and BSE on Monday, 30 December 2024 as decided as of now.
Ventive Hospitality IPO’s price band has been set between ₹610 and ₹643 per share. The minimum ipo lot size is 23 shares for retail investors, which amounts to a minimum investment of ₹14789. For sNII, the minimum number of lots they have to subscribe to is 14 or 322 shares, amounting to ₹207046, and for bNII, the minimum number of lots is 68 or 1564 shares amounting to ₹1005652.
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Ventive Hospitality NSE BSE IPO Details
| Detail | Information |
| IPO Opening Date | December 20, 2024 |
| IPO Closing Date | December 24, 2024 |
| Tentative IPO Listing Date | December 30, 2024 |
| Face Value | ₹1 per share |
| Price Range | ₹610 to ₹643 per share |
| Lot Size | 23 shares |
| Total Issue Size | 24883358 shares (₹1600Cr) |
| Fresh Issue | 24883358 shares (₹1600Cr) |
| IPO Segment | Book Built Issue |
| Listing At | NSE & BSE |
| Share Holding Pre-Issue | 208657830 shares |
| NII (HNI) Shares Offered | 208657830 shares |
Ventive Hospitality Limited | Company Overview
Ventive Hospitality Limited is known for its hospitality services focusing on the leisure and business segment. The firm was established back in 2002 and is engaged in building and operating luxury hotels, and resorts.
As per 30 September 2024 reports, Ventive Hospitality owns and operates 11 assets in India and Maldives with around 2036 room capacity altogether. Ventive Hospitality also offers franchises to global hospitality operators, which are mostly operated by hospitality giants like Minor, Marriott, Atmosphere, The Ritz-Carlton, Hilton, and others.
From spiritual places such as Varanasi to popular sea beaches in Maldives, to business cities like Pune or Bengaluru, Ventive has its property across.
Ventive Hospitality Limited IPO | Key Details
- Ventive Hospitality IPO Opening Date: December 20, 2024,
- Ventive Hospitality IPO Closing Date: December 24, 2024,
- Allotment Date: December 26, 2024
- Price Band: ₹610 to ₹643 per share
- Lot Size: 23 shares
- Refunds Initiated: December 27, 2024
- Shares Credited to Demat: December 27, 2024
- Listing Date: December 30, 2024
Ventive Hospitality Ltd: Financial Overview
In FY24, Ventive Hospitality Limited suffered a massive loss of 66.75 crores which took its PAT to downgrade by 525.70% however, during the same fiscal, the revenue surged by 8.24%.
Here are the details of the financials of the firm –
Amounts in ₹ Crore
| Financial Information | FY24 | FY23 | Absolute Change | Change (%) |
| Assets | 8,794.10 | 8,606.17 | 187.93 | 2.18 |
| Revenue | 1,907.38 | 1,762.19 | 145.19 | 8.24 |
| Profit After Tax | -66.75 | 15.68 | -82.43 | -525.70 |
| Net Worth | 3,665.83 | 3,657.15 | 8.68 | 0.24 |
| Total Borrowing | 3,682.13 | 3,599.66 | 82.47 | 2.29 |
FAQs | Ventive Hospitality Ltd IPO
Ventive Hospitality Ltd is engaged in developing, and managing premium hotel chains and resorts, in India and Maldives.
The tentative IPO listing date of Ventive Hospitality has been fixed as Monday, December 30, 2024.
The bidding date for the Ventive Hospitality IPO is December 20, 2024, and it will continue until December 24, 2024.
The minimum IPO lot size for Ventive Hospitality is 23 shares. For sNII, the minimum number of lots to be purchased is 14, while for bNII it is 68 lots.
The IPO allotment is expected to be finalized on Thursday, December 26, 2024.
The IPO face value is set at ₹1 per share.
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