Ventive Hospitality IPO
ListedVentive Hospitality IPO Details
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Bidding Date
20-Dec-2024 to
24-Dec-2024 -
Issue Size
₹1600 Cr
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Price Band
₹610 to ₹643
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Allotment date
26-Dec-2024
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Listing date
30-Dec-2024
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Lot size
23
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No. of shares
2,48,83,359
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Fresh issue/OFS
₹1600 Cr /--
About Ventive Hospitality Company
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
Subscription Status
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Category
Status
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QIBs
9.1x
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NIIs
13.9x
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Retail
5.9x
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Others
9.5x
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Total
9.8x
FAQs for Ventive Hospitality IPO.
What is the issue size of Ventive Hospitality IPO?
The issue size of Ventive Hospitality is ₹1,600.00 Cr.
What is the industry of Ventive Hospitality?
Ventive Hospitality falls into Hotels, Resorts & Cruise Lines industry.
Where Ventive Hospitality IPO will be listed?
The Ventive Hospitality IPO will be listed on both NSE and BSE.
What are the open and close dates for the Ventive Hospitality IPO?
The open and close dates for the Ventive Hospitality are 20-Dec-2024 & 24-Dec-2024.
What are the price band for Ventive Hospitality IPO?
The price band for the Ventive Hospitality ipo is ₹610 to ₹643
What is the listing date of Ventive Hospitality IPO?
The listing date of Ventive Hospitality IPO is 30-Dec-2024.
What is the purpose for the Ventive Hospitality IPO?
The purpose of this IPO is to raise fresh capital.
How much times Ventive Hospitality IPO subscribed?
Ventive Hospitality total subscription ratio is 9.8X.
What are the key financials for the Ventive Hospitality IPO?
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 |