Recently Viewed
Clear AllBidding Date
20-Dec-2024 to
24-Dec-2024
Issue Size
₹1600 Cr
Price Band
₹610 to ₹643
Allotment date
26-Dec-2024
Listing date
30-Dec-2024
Lot size
23
No. of shares
2,48,83,359
Fresh issue/OFS
₹1600 Cr /--
Incorporated in 2002, the company operates in the hospitality sector, with a significant focus on owning luxury hospitality assets. Its business model revolves around asset ownership, development, and acquisition, with a clear emphasis on luxury and upscale offerings. A notable strength of the company is its strong presence in the luxury hotel segment, contributing over 80% of its revenue from hotel operations in FY24. As of September 30, 2024, its portfolio includes 11 operational hospitality assets with a total of 2,036 keys. These assets are primarily located in prime markets such as Pune, Bengaluru, and the Maldives. Additionally, the company has entered into agreements for future developments, including hotels in Varanasi (India), Sri Lanka, and Bengaluru. The company has strategically expanded its operations through both acquisitions and development initiatives. The acquisition strategy is focused on premium assets with recognized global brands such as JW Marriott, The Ritz-Carlton, and Conrad, in addition to partnerships with well-known operators like Marriott and Hilton.
Read our in-depth analysis of the Ventive Hospitality Ltd IPO Here
Category
Status
QIBs
9.1x
NIIs
13.9x
Retail
5.9x
Others
9.5x
Total
9.8x
The issue size of Ventive Hospitality is ₹1,600.00 Cr.
Ventive Hospitality falls into Hotels, Resorts & Cruise Lines industry.
The Ventive Hospitality IPO will be listed on both NSE and BSE.
The open and close dates for the Ventive Hospitality are 20-Dec-2024 & 24-Dec-2024.
The price band for the Ventive Hospitality ipo is ₹610 to ₹643
The listing date of Ventive Hospitality IPO is 30-Dec-2024.
The purpose of this IPO is to raise fresh capital.
Ventive Hospitality total subscription ratio is 9.8X.
Key financial of the Ventive Hospitality are:
| Ventive Hospitality | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 477.98 | 430.81 | 229.17 |
| EBIT (₹ Cr) | 235.68 | 189.84 | 68.3 |
| Proft after Tax (₹ Cr) | 166.32 | 131.27 | 29.43 |
| Debt (₹ Cr) | 412.61 | 425.17 | 419 |
| Net Worth (₹ Cr) | 334.45 | 167.77 | 215.09 |
| RoE (%) | 49.73 | 78.24 | 13.68 |