Grand Continent Hotels IPO
Grand Continent Hotels is an NSE SME IPO listed on the NSE SME platform, priced at ₹107–₹113 per share. The stock debuted at ₹112.9 with a flat listing performance. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,35,600.
Grand Continent Hotels Limited IPO
- IPO Dates
- Mar 20, 2025 – Mar 24, 2025
- Price band
- ₹107-113 per equity share
- Minimum Investment
- ₹1,35,600
- Issue size
- ₹74.46 Cr
- Lot size
- 1200
- Allotment Date
- Mar 25, 2025
- Listing
- Mar 27, 2025
- Listing At
- NSE SME
IPO timeline
-
Mar 20, 2025
Open Date
Completed
-
Mar 24, 2025
Close Date
Completed
-
Mar 25, 2025
Allotment Date
Completed
-
Mar 27, 2025
Listing Date
Completed
Grand Continent Hotels IPO Essentials
Grand Continent Hotels IPO Details
Grand Continent Hotels IPO is priced at ₹107-113 per share with a total issue size of 74.46 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹107-113 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 65,89,200 shares(aggregating up to ₹74.46 Cr)
- Total issue size
- 65,89,200 shares
(aggregating up to ₹74.46 crore) - Fresh issue
- 62,60,400 shares
(aggregating up to ₹70.74 crore) - Offer for sale (OFS)
- 3,28,800 shares
(aggregating up to ₹3.72 crore) - Listing at
- NSE SME
- List price
- 112.9
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Indorient Financial Services Ltd
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,35,600 |
| Retail(max) | 1 | 1200 | ₹1,35,600 |
| NII (min) | 2 | 2,400 | ₹2,71,200 |
Grand Continent Hotels IPO Reservation
Grand Continent Hotels IPO reservation details show category-wise allocation of shares. Out of the total 65,89,200 shares, approximately 18.96% are reserved for QIB, 14.22% for NII, 33.2% for retail investors, 5.01% for market maker, and 28.43% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 18,73,200 (28.43%) | |
| Market Maker Shares Offered | 3,30,000 (5.01%) | |
| QIB Shares Offered | 12,49,200 (18.96%) | |
| NII (HNI) Shares Offered | 9,37,200 (14.22%) | |
| Retail Shares Offered | 21,87,600 (33.2%) | |
| Total Shares Offered | 65,89,200 (100%) |
Grand Continent Hotels IPO Analytics
Grand Continent Hotels IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Grand Continent Hotels IPO Subscription Status
Grand Continent Hotels IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 12,49,200 / 9,37,200 | 21,87,600 | 43,86,000 |
|
Day 1
20-03-25 06:00 PM
|
(0.71 / 0.42) x | 0.19 x | 0.39 x |
|
Day 2
21-03-25 06:00 PM
|
(0.71 / 0.14) x | 0.44 x | 0.45 x |
|
Day 3
24-03-25 06:00 PM
|
(2.93 / 1.74) x | 1.32 x | 1.87 x |
Grand Continent Hotels Valuations
Earnings
- EPS Pre IPO
- ₹2.21/-
- EPS Post IPO
- ₹5.47/-
- P/E Pre IPO
- 51.24
- P/E Post IPO
- 20.67
Returns
- ROE
- 25.0%
- ROCE
- 17.0%
- RoNW
- 26.67%
- PAT Margin
- 13.05
Fundamentals
- Debt / Equity
- 1.13
- Price / Book
- 1.50
Grand Continent Hotels Financials( In Crs.)
| 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 97.94 | 73.91 | 42.26 | 34.37 |
| Revenue | 31.86 | 31.53 | 17.05 | 6.03 |
| Profit After Tax | 6.81 | 4.12 | 1.05 | -0.79 |
| Net Worth | 40.18 | 29.99 | 0.59 | -1.63 |
| Reserves & Surplus | 22.36 | 26.0 | -0.42 | -2.64 |
| Total Borrowing | 40.22 | 34.96 | 37.07 | 34.72 |
Grand Continent Hotels Company & Offer Insights
About Grand Continent Hotels
Established in 2011, Grand Continent Hotels Limited is an Indian hotel chain. Grand Continent Hotels serves the mid-market segment, and it has 19 hotels across six key cities of India with more than 900 rooms.
The hotels are well-placed in the core business districts, aimed at serving the varied demands of business travelers and tourists alike.
Grand Continent Hotels raises the level of customer experience through simple service interactions, easy-to-use infrastructure, and a focus on value for money delivery. They put emphasis on sustained service levels, availability, and continuously benchmark and refresh services to match changing guest needs.
As of September 30, 2024, the Company and JV Partner Entities own and operate 16 hotels with 753 keys in Karnataka (Bengaluru/Mysuru), Tamil Nadu (Hosur), Goa (Anjuna/Morjim), Andhra Pradesh (Tirupati), and Telangana (Secunderabad).
The firm accommodates Indian middle-class visitors and corporate visitors with value-for-money propositions and differentiated comfortable services.
At the close of September 30 2024, the firm had employees totaling 538 across the firm's different departments.
Grand Continent Hotels IPO Issue Objectives
- •
- Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the Company
- •
- Expansion of the Hotel properties in India
- •
- General Corporate Purpose
Grand Continent Hotels IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Grand Continent Hotels Limited | 2.54 | 2.54 | 75.17 | N/A | 26.67 | 1.51 | Consolidated |
| Lemon Tree Hotels Ltd | 1.88 | 1.88 | 19.52 | 67.79 | 12.28 | 6.84 | Consolidated |
| Sayaji Hotels Ltd. | 8.18 | 8.18 | 90.49 | 32.38 | 7.04 | 3.19 | Consolidated |
| Royal Orchids Hotels Limited | 17.68 | 17.68 | 75.88 | 21.99 | 25.09 | N/A | Consolidated |
Notes:
- The P/E ratio for the peer group has been computed based on the closing market price of equity shares on BSE Limited as of March 12, 2025, divided by the diluted EPS for the financial year of March 31, 2024.
- RoNW has been computed by dividing restated net profit after tax with the average restated Net worth of beginning and the end of the year/period.
Contact Information
Contact Details
Grand Continent Hotels
080 4165 6491
https://grandcontinenthotels.com/
S No. 245/1A/1B, Venpursham Village, Veeralapakkam, Thiruporur, Chengalpattu, Mamallapuram, Kanchipuram, Tirukalikundram-603110
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Grand Continent Hotels IPO is a book-built IPO worth ₹74.46 crore. The price band is ₹107–₹113 per share. The IPO opens on Mar 20, 2025 and closes on Mar 24, 2025. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.
The price band of Grand Continent Hotels IPO is ₹107 to ₹113 per share.
The lot size of Grand Continent Hotels IPO is 1200 shares.
The minimum investment for Grand Continent Hotels IPO is approximately ₹1,35,600 based on the upper price band .
Grand Continent Hotels IPO opens on Mar 20, 2025 and closes on Mar 24, 2025.
The allotment date of Grand Continent Hotels IPO is Mar 25, 2025.
Grand Continent Hotels IPO is expected to be listed on Mar 27, 2025, on NSE SME Platform.
Grand Continent Hotels IPO valuation snapshot: P/E 20.67, EPS ₹5.47/-, P/B 1.50, RoNW 26.67%, and market cap N/A.
To apply for Grand Continent Hotels IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Grand Continent Hotels IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Grand Continent Hotels IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Grand Continent Hotels IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Grand Continent Hotels IPO allotment status on IPO Ji for quick and easy access.