Ventive Hospitality Ltd
Price Range
₹610 - ₹643
Min. Quantity
23
Closes on
24 December 2024
Min. investment
₹14,789/299 Shares
Ventive Hospitality Ltd IPO Timeline
Ventive Hospitality Limited (Formerly known as ICC Realty (India) Private Limited) was incorporated as a Private Limited Company on February 12, 2002. The status of the Company got converted from Private Limited to Public Limited and the name of the Company has changed to Ventive Hospitality Limited pursuant to a fresh Certificate of Incorporation issued by the Registrar of Companies, Pune on August 28, 2024.
| Event | Date |
|---|---|
| Ventive Hospitality Ltd IPO Opening Date | 20 December 2024 |
| Ventive Hospitality Ltd IPO Closing Date | 24 December 2024 |
| Basis of Allotment | 26 December 2024 |
| Initiation of Refunds | 27 December 2024 |
| Credit of Shares to Demat | 27 December 2024 |
| Ventive Hospitality Ltd IPO Listing Date | 30 December 2024 |
Ventive Hospitality Ltd IPO Details
| Ventive Hospitality Ltd IPO Date | 20 December 2024 to 24 December 2024 |
| Ventive Hospitality Ltd IPO Face Value | ₹1 per share |
| Ventive Hospitality Ltd IPO Price | ₹610 to ₹643 per share |
| Ventive Hospitality Ltd IPO Lot Size | 23 |
| Issue Size | Shares of ₹1 (aggregating up to ₹1,600 Cr) |
| Fresh Issue | Shares of ₹1 (aggregating up to ₹1600 Cr) |
| Offer for Sale | - |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 78,63,934 of the Net Offer |
| Retail Shares Offered | Not less than 26,21,311 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 39,31,967 of the Net Offer |
| Company Promoters | Atul I Chordia HUF, Premsagar Infra Realty Pvt Ltd, BRE Asia ICC Holdings Ltd |
Ventive Hospitality Ltd IPO Lot Size
The Ventive Hospitality Ltd IPO lot size is 23 shares. A retail-individual investor can apply for up to 13 lots (299 shares or ₹1,92,257).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 23 | ₹14,789 |
| Maximum | 13 | 299 | ₹1,92,257 |
- Strengths
- Risks
- Opportunities
- Premium hospitality assets complemented by Grade A annuity assets.
- Established track record of development and acquisition-led growth in India and the Maldives.
- Renowned Promoters with global and local expertise.
- Professional and experienced management team.
- Proven track record of active asset management.
- Well-positioned to benefit from strong industry tailwinds.
Company Financials
Ventive Hospitality Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 951.97 | 494.71 | 166.32 |
| 03-2023 | 779.29 | 441.75 | 131.27 |
| 03-2022 | 824.92 | 237.5 | 29.43 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/prepayment in part or full of certain of borrowings availed by
- General corporate purposes
Ventive Hospitality Ltd IPO Promoter Holding
| Pre Issue Share Holding | 1.11% |
| Post Issue Share Holding | 0.99% |
Ventive Hospitality Ltd IPO Subscription Status (Bidding Detail)
The Ventive Hospitality Ltd IPO is subscribed 9.8 times on 24 December 2024 05:00:00 PM. The public issue subscribed 5.87 times in the retail category, 9.08 times in the QIB category, and 13.85 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 9.08 | 13.85 | 5.87 | 9.49 | 9.8 |
Ventive Hospitality Ltd IPO Prospectus
Ventive Hospitality Ltd IPO Listing Date
| Listing Date | 30 December 2024 |
| BSE Script | 544321 |
| NSE Symbol | VENTIVE |
| Listing In | BSE, NSE |
| ISIN | INE781S01027 |
| IPO Price | ₹643 |
| Face Value | ₹1 |
Company Contact Information
5th Flr Tower D Tech Park OneYerwada,Pune-411006
Phone: +91 20 6906 1900
Email: cs@ventivehospitality.com
Website: www.ventivehospitality.com
Ventive Hospitality Ltd IPO Registrar
Ventive Hospitality Ltd IPO Lead Manager(s)
- JM Financial Ltd
- Axis Capital Ltd
- HSBC Securities and Capital Markets (India) P Ltd
- ICICI Securities Ltd
- IIFL Securities Ltd
- Kotak Mahindra Capital Company Ltd
- SBI Capital Markets Ltd
FAQ
What is the issue size of Ventive Hospitality Ltd IPO?
I have pre-applied for Ventive Hospitality Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.