Ventive Hospitality Limited IPO
Ventive Hospitality Limited IPO

Offer Price

₹ 610-643

Lot Size

23


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The Ventive Hospitality IPO subscription is closed for application

IPO Application Period
Dec 20,2024
Dec 24,2024
Ventive Hospitality IPO Details


Ventive Hospitality IPO is a book-built issue of ₹1600 crores, The total issue size is ₹1600 crores. The IPO of Ventive Hospitality is priced at ₹610-643 per equity share, which has a face value of ₹1 Per Equity Share each, IPO bidding starts from Dec 20 and ends on Dec 24. The allotment for Ventive Hospitality IPO will be finalized on Dec 26. Ventive Hospitality IPO will be listed on BSE, NSE, with a tentative listing date fixed as Dec 30. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Limited is the registrar of the issue.

Retail investors can bid for a minimum of 23 shares, extendable to 14,789. S-HNIs will be able to bid for 322 shares at ₹2,07,046, while B-HNIs can also apply for a bid of 1,564 shares at ₹10,05,652. The book-running lead manager for the IPO is/are 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 .

The total issue ₹1600 crore, comprising a fresh issue of 2,48,83,358 shares ₹1600 crore and
The Ventive Hospitality IPO sets its price band at 610-643 for each share. A single application for Ventive Hospitality Limited IPO must contain at least 23 shares. Sentiment investors need to invest a minimum of 23 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,789 In order to participate in the sNII, investors must purchase at least 14 lots of 322 shares for ₹2,07,046, while the bNII requires 68 lots of 1,564 shares for an investment of ₹10,05,652.

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