Ventive Hospitality IPO Details: The Ventive Hospitality IPO is scheduled to open on December 20, 2024, and will close on December 24, 2024. This IPO follows the Book Built Issue format, with the company aiming to raise approximately ₹1,600 crores. This includes a fresh issue of ₹1,600 crores and an offer for sale of up to ₹[.] crores, comprising [.] equity shares with a face value of ₹1 each.
The IPO is priced within a band of ₹610 to ₹643 per share. The allocation includes a 10% quota for retail investors, 75% for Qualified Institutional Buyers (QIB), and 15% for High Net-worth Individuals (HNI). Ventive Hospitality’s shares are set to be listed on the BSE and NSE on December 30, 2024, with the allotment date confirmed as December 26, 2024.
In terms of financial performance, the company reported a revenue of ₹494.71 crores in 2024, up from ₹441.75 crores in 2023. Its profit also saw significant growth, increasing to ₹166.32 crores in 2024 compared to ₹131.27 crores in 2023. Given these robust financials, the IPO is considered a promising opportunity for long-term investors.
Ventive Hospitality IPO Objectives:
The Company proposes to utilise the Net Proceeds from the Fresh Issue towards the funding of the following objects:
- Repayment/prepayment, in part or full, of certain of borrowings availed by the company:
- For payment of interest accrued thereon; and
- 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 Review (Apply or Not)
- May Apply
Ventive Hospitality IPO Date & Price Band Details:
| IPO Open Date: | December 20, 2024 |
| IPO Close Date: | December 24, 2024 |
| Face Value: | ₹1 Per Equity Share |
| IPO Price Band: | ₹610 to ₹643 Per Share |
| Issue Size: | Approx ₹1600 Crores, 2,48,83,358 Equity Shares |
| Fresh Issue: | Approx ₹1600 Crores, 2,48,83,358 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 10% |
| QIB Quota: | Not more than 75% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Ventive Hospitality IPO Lot Size:
The minimum market lot for the Ventive Hospitality IPO is 23 shares, requiring an application amount of ₹14,789. Retail investors can apply for a maximum of 13 lots, totaling 299 shares or an investment of ₹1,92,257.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 23 | ₹14,789 |
| Retail Maximum | 13 | 299 | ₹1,92,257 |
| S-HNI Minimum | 14 | 322 | ₹2,07,046 |
| B-HNI Minimum | 68 | 1,564 | ₹10,05,652 |
Ventive Hospitality IPO Timeline:
The Ventive Hospitality IPO is scheduled to open on December 20 and close on December 24. The allotment of shares will be finalized on December 26, with the IPO listing set for December 30.
| IPO Open Date: | December 20, 2024 |
| IPO Close Date: | December 24, 2024 |
| Basis of Allotment: | December 26, 2024 |
| Refunds: | December 27, 2024 |
| Credit to Demat Account: | December 27, 2024 |
| IPO Listing Date: | December 30, 2024 |
Ventive Hospitality IPO GMP Today:
The last reported Grey Market Premium (GMP) for the Ventive Hospitality IPO is ₹45. Based on the upper price band of ₹643.00, the estimated listing price is ₹688 (cap price + current GMP). This suggests an anticipated percentage gain of 7.00% per share.
Promoters of Ventive Hospitality IPO
The promoters of Ventive Hospitality Limited are Atul I. Chordia, Atul I. Chordia HUF, Premsagar Infra Realty Private Limited, BRE Asia ICC Holdings Ltd., and BREP Asia III India Holding Co VI Pte. Ltd.
About Ventive Hospitality IPO
Established in February 2002, Ventive Hospitality Limited specializes in owning luxury and leisure-focused hospitality properties. The company collaborates with renowned global operators such as Marriott, Hilton, Minor, and Atmosphere to manage or franchise its properties. Notable luxury properties owned by the company include JW Marriott, Pune, The Ritz-Carlton, Pune, Conrad, Maldives, Anantara, Maldives, and Raaya by Atmosphere, Maldives.
As of March 31, 2024, Ventive Hospitality operates 11 hospitality properties located in India and the Maldives, offering a total of 2,036 rooms across luxury, upper, and upscale segments. Out of these, 7 properties, comprising 1,331 rooms, were developed in-house, while the remaining 4 properties, totaling 705 rooms, were acquired.
The Maldives is a key market for Ventive Hospitality, where the company owns three hospitality properties ranked among the most sought-after tourist destinations globally.
Ventive Hospitality IPO Company Financial Report
The company reported revenue of ₹494.71 crores in 2024 against ₹441.75 crore in 2023. The company reported profit of ₹166.32 crores in 2024 against Profit of ₹131.27 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹237.51 | ₹201.48 | ₹29.43 | ₹824.92 |
| 2023 | ₹441.75 | ₹282.57 | ₹131.27 | ₹779.29 |
| 2024 | ₹494.71 | ₹289.52 | ₹166.32 | ₹951.97 |
| September 2024 | ₹388.93 | ₹352.45 | ₹20.76 | ₹8714.47 |
Ventive Hospitality IPO Valuation – FY2024
Check Ventive Hospitality IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | -% |
| EBITDA Margin: | 60.75% |
| PAT Margin: | 33.62% |
| Debt to equity ratio: | (24.95) |
| Earning Per Share (EPS): | ₹15.92 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 50.31% |
| Net Asset Value (NAV): | ₹31.65 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Chalet Hotels Limited | 13.54 | 66.04 | 15.03% | 90.08 | 1417.25 Cr. |
| Samhi Hotels Limited | (14.67) | NA | NA | 47.63 | 957.39 Cr. |
| Juniper Hotels Limited | 1.46 | 244.86 | 0.90% | 119.34 | 817.66 Cr. |
| The Indian Hotels Company Limited | 8.86 | 87.89 | 13.13% | 71.16 | 6768.75 Cr. |
| EIH Limited | 10.22 | 36.68 | 16.58% | 65.34 | 2511.27 Cr. |
| Lemon Tree Hotels Limited | 1.88 | 69.10 | 11.75% | 19.52 | 1071.12 Cr. |
| Apeejay Surrendra Park Hotels Limited | 3.82 | 42.96 | 5.74% | 56.13 | 578.97 Cr. |
Ventive Hospitality IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: ventive.ipo@sbicaps.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- 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
Company Address
Ventive Hospitality Limited
2 nd Floor, Tower D, Tech Park One
Yerwada
Pune, 411006
Phone: +91 2069061900
Email: CS@ventivehospitality.com
Website: https://www.ventivehospitality.com/
Ventive Hospitality IPO FAQs
What is Ventive Hospitality IPO?
Ventive Hospitality IPO is a Mainboard IPO through which the company aims to raise ₹1,600 crores. The issue is priced between ₹610 and ₹643 per equity share, and the shares will be listed on the BSE and NSE.
When will Ventive Hospitality IPO open for subscription?
The IPO will open on December 20, 2024, for Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and Retail Investors. The subscription will close on December 24, 2024.
What is the investors’ portion in Ventive Hospitality IPO?
The allocation for investors is divided as follows:
- QIB: 75%
- NII: 15%
- Retail: 10%
How can I apply for Ventive Hospitality IPO?
You can apply for Ventive Hospitality IPO through the following methods:
- Online via ASBA: Through your bank account.
- Online via UPI: Through stockbrokers offering UPI services.
- Offline: By filling out a physical form available through your stockbroker.
What is the issue size of Ventive Hospitality IPO?
The total issue size of the IPO is ₹1,600 crores.
What is the price band for Ventive Hospitality IPO?
The price band for the IPO is set at ₹610 to ₹643 per equity share.
What is the lot size for Ventive Hospitality IPO?
The minimum lot size is 23 shares, requiring an investment of ₹14,789.
When is the allotment date for Ventive Hospitality IPO?
The allotment date for the IPO is December 26, 2024.
When will Ventive Hospitality IPO be listed?
The IPO is scheduled to be listed on December 30, 2024, on the BSE and NSE.
