IPO

Ventive Hospitality Limited IPO

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Hotels & Resorts

Listed On: Dec 30, 2024 at ₹ 716.0(NSE)

₹ 14789 /23 Shares

Check Allotment

20 Dec, 2024

Open Date

24 Dec, 2024

Close Date

26 Dec, 2024

Allotment Date

30 Dec, 2024

Listing Date
Price Summary

Last Closing

762.00 (18.51%)

52 Week High

840.00

52 Week Low

523.40

Last Update

20-Oct-2025 3:30 PM
Ventive Hospitality IPO Issue Details
  • Issue Price ₹610-643 per equity share
  • Face Value ₹1 Per Equity Share
  • Total Issue Size 2,48,83,358 shares(aggregating up to ₹1600 crore)
  • Fresh Share 2,48,83,358 shares(aggregating up to ₹1600 crore)
  • Listing at BSE, NSE
  • List Price 716.0(NSE)
  • Listing Date 2024-12-30
  • Lead Manager 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
  • Registrar Kfin Technologies Limited
Market Lot Size

Investors can bid for a minimum of 23 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.

ApplicationLotsSharesAmount
Retail (min)123₹14,789
Retail(max)13299₹1,92,257
SHNI(min) 14322₹2,07,046
SHNI(max) 671,541₹9,90,863
BHNI(min) 681,564₹10,05,652
Ventive Hospitality IPO Reservation

Ventive Hospitality IPO offers total 2,48,84,119 shares. Out of which 74,60,342 (29.98%) allocated to QIB, 37,30,171 (14.99%) allocated to NII,24,86,781 (9.99%) allocated to RII, 16,313 (0.07%) allocated to employees and 1,11,90,513 (44.97%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered1,11,90,513 (44.97%)
QIB Shares Offered74,60,342 (29.98%)
NII (HNI) Shares Offered37,30,171 (14.99%)
bNII < ₹10L24,86,929 (9.99%)
sNII < ₹10L12,43,242 (5%)
Retail Shares Offered24,86,781 (9.99%)
Employee Shares Offered16,313 (0.07%)
Total Shares Offered2,48,84,119 (100%)
Ventive Hospitality IPO Documents
DRHP
RHP
ANCHOR
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, 2024 and ends on Dec 24, 2024. The allotment for Ventive Hospitality IPO will be finalized on Dec 26, 2024. Ventive Hospitality IPO will be listed on BSE, NSE, with a tentative listing date fixed as Dec 30, 2024. 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
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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Ventive Hospitality IPO Subscription Analysis And Details
Retail
5.87x
QIB
9.08x
NII
13.85x
bNII
15.05x
sNII
11.46x
Total
9.80x
As onQIBNII
bNII   sNII		RetailTotal
Shares Offered / Reserved74,60,34237,30,171
24,86,929    12,43,242		24,86,7811,36,77,294
Day 1 20-12-24 05:00 PM
1.05 x0.10
0.05 x   0.18 x		0.61 x0.71 x
Day 2 23-12-24 05:00 PM
1.22 x1.07
1.12 x   0.98 x		1.75 x1.28 x
Day 3 24-12-24 05:00 PM
9.08 x13.85
15.05 x   11.46 x		5.87 x9.80 x
Total No of Applications
7,27,669
Subscription on the basis of Applications
Retail:5.44x BHNI:2.89x SHNI:11.86x
Ventive Hospitality Valuations
EPS Pre IPO -₹3.20/-
EPS Post IPO -₹11.80/-
P/E Pre IPO -201.01
P/E Post IPO -54.48
RoNW -1.82%
Ventive Hospitality Company Financials
In Crs.
In Cr.
31-Mar-2431-Mar-2331-Mar-22
Assets8,794.18,606.178,010.41
Revenue1,907.381,762.191,197.61
Profit After Tax-66.7515.68-146.2
Net Worth3,665.833,657.153,441.39
Total Borrowing3,682.133,599.663,291.07
About Ventive Hospitality Company

Incorporated in February 2002, Ventive Hospitality Limited is a leading hospitality player focused on the business and leisure segments. It focuses on developing and managing high-end luxury hotels and resorts that can offer world-class experiences to its guests. As of September 30, 2024, Ventive Hospitality has 11 premium hospitality assets in India and the Maldives, with 2,036 keys catering to upscale and luxury travelers.

Ventive Hospitality has managed some of the most luxurious properties around the world through the operations of globally recognized players such as Marriott, Hilton, Minor, and Atmosphere. Its pre-acquisition portfolio comprises the iconic JW Marriott Pune, and its post-acquisition assets comprise the luxury brands like The Ritz-Carlton Pune, Conrad Maldives, Anantara Maldives, and Raaya by Atmosphere Maldives. These properties have been strategically placed in cities like Pune and Bengaluru, the tourist destinations of Maldives, the spiritual and cultural destinations of Varanasi for a blend of accessibility with exclusivity to its guest.

The company is committed to operational excellence, which has been supported by a good number of permanent employees: 2,791 and contractual staff: 632. This is an assurance of smooth service with unforgettable guest experiences. The prime locations, partnerships with the leading global operators, and customer-centric approach that Ventive Hospitality has provided have made it a trustworthy name in the luxury hospitality sector.

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Ventive Hospitality - Promoter(s)

Atul I. Chordia

Atul I. Chordia HUF

Premsagar Infra Realty Private Limited

BRE Asia ICC Holdings Ltd

BREP Asia III India Holding Co VI Pte. Ltd

Pre Issue Share Holding : 99.59%

Post Issue Share Holding : 88.98%

Ventive Hospitality IPO - Issue Objectives
1

Repayment/prepayment, in part or full, of certain of borrowings availed by the company

2

For payment of interest accrued thereon

3

Step-down Subsidiaries, namely SS & L Beach Private Limited and Maldives Property Holdings Private Limited, including the payment of interest thereon through investment in such step-down Subsidiaries

4

General corporate purposes.

Ventive Hospitality IPO - Anchor Investors

Blackstone-backed Ventive Hospitality IPO; Firm mops up Rs 720 crore from anchor investors.

Global investors like Government Pension Fund Global, Florida Retirement System, ABSL Umbrella Ucits Fund, Citigroup Global, Societe Generale, Copthall Mauritius Investment, and Tocu Europe invested in Ventive via anchor book.

Several domestic institutional investors including Quant Mutual Fund, SBI General Insurance, SBI Life Insurance, Tata Alternative Investment Fund, JM Financial MF, Nuvama, Samco MF, and Trust MF also participated in the anchor book.

Ventive Hospitality IPO - Peers Comparison
Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV RatioFinancial statements
Ventive Hospitality Limited-5.24-5.24175.69N/A-1.82N/AN/A
Chalet Hotels Ltd13.5413.5390.0866.0415.039.81Consolidated
Samhi Hotels Limited-14.67-14.6747.63N/AN/A4.49Consolidated
Juniper Hotels Limited1.461.46119.34244.860.94.34Consolidated
The Indian Hotels Company Limited8.868.8671.1687.8913.13N/AConsolidated
Eih Limited10.2210.2265.3436.6816.58N/AConsolidated
Lemon Tree Hotels Ltd1.881.8819.5269.111.756.84Consolidated
Apeejay Surrendra Park Hotels Ltd3.823.8256.1342.965.743.39Consolidated

Notes:

  1. All the financial information for listed industry peers mentioned above is consolidated (unless otherwise available only on a standalone basis). It is sourced from the annual reports/ annual results as available of the respective company for the year ended March 31, 2024, submitted to the Stock Exchanges.
  2. The P/E ratio has been computed based on the closing market price of equity shares on BSE on November 28, 2024, divided by the Diluted EPS for the year ended March 31, 2024.
  3. Net Asset Value per Equity Share (₹) = Net Worth at the end of the year divided by the weighted average number of equity shares outstanding during the period/ year.
  4. RoNW = Profit for the year divided by the Net Worth at the end of the year.
  5. Net worth means the aggregate value of the paid-up share capital and all reserves created out of the profits and securities premium account and debit or credit balance of profit and loss account, after deducting the aggregate value of the accumulated losses, deferred expenditure and miscellaneous expenditure not written off, but does not include reserves created out of revaluation of assets, write-back of depreciation and amalgamation. It includes the value of non-controlling interest.
  6. Net worth for peers represents the Total Equity mentioned in their annual reports for the relevant period/ year submitted to the Stock Exchanges.
Contact Details

Ventive Hospitality

2 nd Floor, Tower D, Tech Park One, Yerwada,Pune, 411006

+91 2069061900

CS@ventivehospitality.com

https://www.bajajhousingfinance.in/

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

vhl.ipo@kfintech.com

https://kosmic.kfintech.com/ipostatus/