Ventive Hospitality Limited
Dec 20, 2024 - Dec 24, 2024
Ventive Hospitality Limited IPO Details
Status
listed
Issue Price
₹610.00 - ₹643.00
Lot Size
23 Shares
Subscription
10.33 times
Listing Price
₹716 (11.35%)
Face Value
₹1 Per share
Issue Size
Approx ₹1600 Cr
Fresh Issue
Approx ₹1600 Cr
Total Shares Offered
-
Retail Quota
10%
QIB Quota
75%
HNI Quota
15%
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Book Built Issue IPO
Listing On
BSE, NSE
Registrar
Kfin Technologies Limited
NSE Code
VENTIVE
BSE Code
544321
IPO Tentative Timetable
Valuation
Earning Per Share (EPS)
₹15.92
Price/Earning P/E Ratio
N/A
Return on Net Worth (RoNW)
50.31%
Net Asset Value (NAV)
₹31.65
Promoters
Pre issue Share Holding
99.59%
Post issue Share Holding
-
Company Promoters
- 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
Lead Managers
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
Live Subscription
| Date | QIB | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | EMP | Total |
|---|---|---|---|---|---|---|---|
| Dec 20, 2024 | 1.11 | 0.1 | 0.06 | 0.19 | 0.65 | 0 | 0.75 |
| Dec 23, 2024 | 1.28 | 1.13 | 1.18 | 1.03 | 1.86 | 5.25 | 1.35 |
| Dec 24, 2024 | 9.58 | 14.6 | 15.86 | 12.08 | 6.19 | 10.03 | 10.33 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 23 | ₹14,789 |
| Retail (Max) | 13 | 299 | ₹1,92,257 |
| S-HNI (Min) | 14 | 322 | ₹2,07,046 |
| S-HNI (Max) | 67 | 1,541 | ₹9,90,863 |
| B-HNI (Min) | 68 | 1,564 | ₹10,05,652 |
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,11,90,513 (44.97%) | NA |
| QIB Shares Offered | 74,60,342 (29.98%) | NA |
| NII (HNI) Shares Offered | 37,30,171 (14.99%) | - |
| bNII > ₹10L | 24,86,929 (9.99%) | 7,723 |
| sNII < ₹10L | 12,43,242 (5%) | 3,861 |
| Retail Shares Offered | 24,86,781 (9.99%) | 1,08,120 |
| Employee Shares Offered | 16,313 (0.07%) | NA |
| Total Shares Offered | 2,48,84,119 (100%) | - |
Company Financial
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | - | 8,794.1 | 8,606.17 | 8,010.41 |
| Revenue | 875.9 | 1,907.38 | 1,762.19 | 1,197.61 |
| Profit After Tax | -137.83 | -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 Company
As of September 30, 2024, it operates 11 hotels in India and the Maldives, offering 2,036 rooms across various high-end segments. These properties are either managed by or affiliated with well-known global brands such as Marriott, Hilton, Minor, and Atmosphere. Their locations include key cities like Pune and Bengaluru, tourist destinations like the Maldives, and culturally significant places like Varanasi.
The company owns luxury properties, including JW Marriott, Pune, acquired before expanding to others like The Ritz-Carlton, Pune, Conrad, Maldives, Anantara, Maldives, and Raaya by Atmosphere, Maldives.
As of the same date, Ventive Hospitality had 2,791 permanent employees and 632 contract workers across its properties.
The company’s strengths include a portfolio of high-end properties, successful growth through development and acquisitions, experienced promoters with global expertise, a skilled management team, and a proven ability to enhance value through effective management. It is also well-placed to take advantage of favorable trends in the hospitality industry.
Company Contact
2 nd floor, tower d, tech park oneyerwadapune, 411006
Phone: +91 2069061900
Email: cs@ventivehospitality.com
Website: https://www.ventivehospitality.com/
Registrar Contact
Phone: 04067162222, 04079611000
Email: ventive.ipo@sbicaps.com