Ventive Hospitality IPO GMP Today: Price, Details, and Insights
The Ventive Hospitality IPO is one of the most anticipated issues in the hospitality sector for 2024. With a price band of ₹610 to ₹643 per share, this IPO is expected to attract investors looking for opportunities in luxury hospitality assets. This article will discuss the Ventive Hospitality IPO GMP today, IPO price, issue details, and other key aspects that every investor should know.
Ventive Hospitality IPO Details
1. IPO Timeline
- Subscription Period: December 20, 2024 – December 24, 2024
- Allotment Date: December 26, 2024
- Refund Initiation: December 27, 2024
- Credit of Shares to Demat: December 27, 2024
- Listing Date: December 30, 2024
- Lot Size: 23 Shares
2. Financial Details
- IPO Size: ₹1,600 crore (2.49 crore shares)
- Price Band: ₹610 – ₹643 per share
- Minimum Investment: ₹14,789 for retail investors
- Lot Multiples: 23 shares per lot
- Listing: NSE, BSE
Investor Type | Minimum Lots | Shares | Minimum Investment |
Retail Investors | 1 | 23 | ₹14,789 |
S-HNI (Small HNI) | 14 | 322 | ₹2,07,046 |
B-HNI (Big HNI) | 68 | 1,564 | ₹10,05,652 |
3. Promoter Holding
- Pre-Issue Holding: 99.59%
- Post-Issue Holding: Updated after IPO listing
Ventive Hospitality IPO GMP Today
Grey Market Premium (GMP) reflects the investor sentiment for an upcoming IPO. As of today, the Ventive Hospitality IPO GMP stands at ₹90. This means the shares are trading at a premium of ₹90 in the grey market over the upper price band of ₹643.
For instance, if the GMP remains steady at ₹90, the estimated listing price would be:
₹643 (Upper Price Band) + ₹90 (GMP) = ₹733 per share.
Note: GMP is unofficial and should be used for reference purposes only. Actual listing gains may vary depending on market conditions.
To learn more about how Grey Market Premium works, check our detailed guide on IPO GMP Grey Market Premium.
Company Overview: Ventive Hospitality Limited
Founded in February 2002, Ventive Hospitality Limited operates in the luxury hospitality sector, focusing on business and leisure segments. The company manages high-end luxury hotels and resorts in India and Maldives.
Key Highlights
- 11 Operational Assets with over 2,036 keys across various upscale segments.
- Major properties include:
- JW Marriott, Pune
- The Ritz-Carlton, Pune
- Conrad Maldives
- Anantara Maldives
- Partnered with global operators like Marriott, Hilton, Minor, and Atmosphere.
Financial Performance
Financial Year | Revenue (₹ in Cr) | PAT (₹ in Cr) | Net Worth (₹ in Cr) | Total Borrowing (₹ in Cr) |
FY 2022 | 1,197.61 | -146.2 | 3,441.39 | 3,291.07 |
FY 2023 | 1,762.19 | 15.68 | 3,657.15 | 3,599.66 |
FY 2024 | 1,907.38 | -66.75 | 3,665.83 | 3,682.13 |
H1 FY 2024 | 875.9 | -137.83 | – | – |
Ventive Hospitality IPO GMP Price Prediction
Given the high demand for luxury hospitality assets and the company’s robust growth strategy, market experts predict strong listing gains for Ventive Hospitality IPO.
- IPO Price: ₹610 – ₹643
- Expected Listing Price: Based on GMP trends, the shares could list around ₹730 – ₹750.
Senores Pharmaceuticals IPO GMP Update
Investors also tracking other IPOs, such as Senores Pharmaceuticals IPO, can note that its GMP today stands at ₹45. This IPO is from the pharma sector and has also attracted significant interest.
Should You Invest in Ventive Hospitality IPO?
Strengths of Ventive Hospitality IPO:
- Premium luxury assets in high-demand locations (Pune, Maldives, Bengaluru).
- Strong promoter backing and experienced management.
- Proven track record in hospitality asset management.
- Potential to benefit from increasing tourism and leisure travel demand.
Risks to Consider:
- Losses in FY2024 due to high borrowing costs and expenses.
- Market volatility may impact the stock’s post-listing performance.
To understand the key differences between IPOs and Offer for Sale (OFS), check out our blog: OFS vs IPO: Differences.
FAQs on Ventive Hospitality IPO
1. What is the Ventive Hospitality IPO GMP today?
As of today, the Ventive Hospitality IPO GMP is around ₹90.
2. What is the Ventive Hospitality IPO price band?
The price band for the Ventive Hospitality IPO is set at ₹610 – ₹643 per share.
3. What is the minimum investment for retail investors?
The minimum investment is ₹14,789 for one lot of 23 shares.
4. When will the Ventive Hospitality IPO list?
The IPO is expected to list on December 30, 2024, on NSE and BSE.
5. How many shares are offered in the IPO?
The total issue size is 2.49 crore shares, aggregating to ₹1,600 crore.
6. Where can I track the GMP for Ventive Hospitality IPO?
You can track live GMP updates on trusted websites or consult grey market data.
Conclusion
The Ventive Hospitality IPO presents an exciting opportunity for investors seeking exposure to India’s luxury hospitality sector. With a robust portfolio of high-end assets and promising growth potential, this IPO is generating significant buzz. However, investors must evaluate their risk appetite and GMP trends before applying.
Check our detailed guide on IPO Flipping for tips on maximising IPO gains.