Ventive Hospitality Limited IPO
MainboardHotels & Resorts
Listed On: Dec 30, 2024 at ₹ 716.0(NSE)
₹ 14789 /23 Shares
Check AllotmentPrice Summary
Last Closing
714.00 (11.04%)52 Week High
840.0052 Week Low
523.40Last Update
16-Jun-2025 3:30 PM20 Dec, 2024
Open Date24 Dec, 2024
Close Date26 Dec, 2024
Allotment Date30 Dec, 2024
Listing DateIssue Price
₹610-643 per equity shareFace Value
₹1 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedList Price
716.0(NSE)Listing Date
2024-12-30Market Lot
Retail : 23 Shares (₹14,789/-)S-HNI : 322 Shares (₹2,07,046/-)
B-HNI : 1,564 Shares (₹10,05,652/-)
Lead Manager
Jm Financial LimitedAxis Capital Limited
Hsbc Securities & Capital Markets Pvt Ltd
ICICI Securities Limited
Iifl Securities Ltd
Kotak Mahindra Capital Company Limited
SBI Capital Markets Limited
Issue Size
[2,48,83,358 shares(aggregating up to ₹1,600.00 Cr)Retail Portion
10% (Number of Retail Applications: 1,08,121 Approx),(Number of S-HNI Applications : 3,861 Approx),
(Number of B-HNI Applications : 7,723 Approx)
Subscription
9.80 timesVentive 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 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.
Ventive Hospitality IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 74,60,342 | 37,30,171 24,86,929 12,43,242 | 24,86,781 | 1,36,77,294 |
| Day 1 - 20-12-24 05:00 PM | 1.05 x | 0.10 0.05 x 0.18 x | 0.61 x | 0.71 x |
| Day 2 - 23-12-24 05:00 PM | 1.22 x | 1.07 1.12 x 0.98 x | 1.75 x | 1.28 x |
| Day 3 - 24-12-24 05:00 PM | 9.08 x | 13.85 15.05 x 11.46 x | 5.87 x | 9.80 x |
Ventive Hospitality Valuations
EPS Pre IPO
-₹3.20/-EPS Post IPO
-₹11.80/-P/E Pre IPO
-201.01P/E Post IPO
-54.48RoNW
-1.82%Ventive Hospitality Company Financials All values are in ₹ Cr.
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 8,794.1 | 8,606.17 | 8,010.41 |
| Revenue | 1,907.38 | 1,762.19 | 1,197.61 |
| Profit After Tax | -66.75 | 15.68 | -146.2 |
| Net Worth | 3,665.83 | 3,657.15 | 3,441.39 |
| Total Borrowing | 3,682.13 | 3,599.66 | 3,291.07 |
About The 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.
Ventive Hospitality - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Net Worth | |
|---|---|---|---|---|
| Ventive Hospitality | 10.06 | 153.95 | 8.66% | 890 |
| Chalet Hotels | 7.57 | 284 | 16.4% | 1,530 |
| Samhi Hotels | 4.07 | 160 | % | 1,062 |
| Juniper Hotels | 2.94 | 228 | 1.56% | 896 |
| Indian Hotels | 12.0 | 84.9 | 14.3% | 7,246 |
| EIH Limited | 6.30 | 38.2 | 17.6% | 2,598 |
| Lemon Tree Hotels | 12.0 | 80.0 | 16.3% | 1,168 |
| Apeejay Surrendra Park | 3.12 | 54.1 | 7.88% | 591 |
Ventive Hospitality - Promoter(s)
Pre Issue Share Holding: 99.59%
Post Issue Share Holding: 88.98%
- 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
Ventive Hospitality IPO - Issue Objectives
- Repayment/prepayment, in part or full, of certain of borrowings availed by the company
- For payment of interest accrued thereon
- 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
- General corporate purposes.
Ventive Hospitality IPO - 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.
Other Details
Ventive Hospitality
2 nd Floor, Tower D, Tech Park One, Yerwada,Pune, 411006Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: vhl.ipo@kfintech.com
Ventive Hospitality IPO - FAQs
Ans. Ventive Hospitality Limited IPO is a Mainboard IPO. The issue is priced at ₹610-643 per equity share. The minimum order quantity is 23 Shares. The IPO opens on Dec 20, 2024, and closes on Dec 24, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Ventive Hospitality Limited IPO opens on Dec 20, 2024 and closes on Dec 24, 2024.
Ans. The size of Ventive Hospitality Limited IPO is [2,48,83,358 shares(aggregating up to ₹1,600.00 Cr).
Ans. The IPO price band is set between ₹610-643 per equity share.
Ans. To apply for Ventive Hospitality Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Ventive Hospitality Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Ventive Hospitality Limited IPO is Dec 26, 2024.
Ans. The Ventive Hospitality Limited IPO will be listed on Dec 30, 2024.
Ans. Follow the steps to check the allotment status for Ventive Hospitality Limited IPO here.
