Ventive Hospitality Limited – IPO

The Ventive Hospitality IPO is a book-built issue amounting to Rs 1,600.00 crores. The issue consists entirely of a fresh issue of 2.49 crore shares.

The subscription for the Ventive Hospitality IPO is scheduled to open on December 20, 2024, and will close on December 24, 2024. The allotment of shares is expected to be finalized on Thursday, December 26, 2024. The IPO is planned to be listed on BSE and NSE, with the tentative listing date set for Monday, December 30, 2024.

The price band for the Ventive Hospitality IPO has been set between ₹610 to ₹643 per share. The minimum lot size for an application has been fixed at 23 shares. For retail investors, the minimum investment amount required is ₹14,789. The minimum lot size for sNII has been specified as 14 lots (322 shares), amounting to ₹2,07,046, while for bNII, it has been set at 68 lots (1,564 shares), amounting to ₹10,05,652.

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Ventive Hospitality Limited – IPO Details

IPO Date December 20, 2024 to December 24, 2024
Listing Date December 30, 2024
Face Value ₹ 1 / Share
Price Band ₹ 610 to ₹ 643 / Share
Lot Size 23 Shares
Total Issue Size ₹1,600.00 Cr
Fresh Issue ₹1,600.00 Cr
Offer for Sale
Employee Discount
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue 20,86,57,830 shares
Share holding post issue 23,35,41,188 shares
Market Maker portion

Ventive Hospitality Limited Timeline (Tentative Schedule)

Ventive Hospitality Limited IPO opens on December 20, 2024, and closes on December 24, 2024.

IPO Open Date December 20, 2024
IPO Close Date December 24, 2024
Basis of Allotment December 26, 2024
Initiation of Refunds December 27, 2024
Credit of Shares to Demat December 27, 2024
Listing Date December 30, 2024
Cut-off time for UPI mandate confirmation December 24, 2024

Ventive Hospitality Limited IPO Lot Size

Bids can be placed by investors for a minimum of 23 shares and in multiples thereafter. The table below illustrates the minimum and maximum investment limits for retail investors and HNIs in terms of the number of shares and the corresponding investment amounts.

Application Lots Shares Amount
Retail (Min) 1 23 Rs.14,789
Retail (Max) 13 299 Rs.192,257
S-HNI (Min) 14 322 Rs.207,046
S-HNI (Max) 67 1,541 Rs.990,863
B-HNI (Min) 68 1,564 Rs.1,005,652
HNI (Min)

Ventive Hospitality Limited IPO Promoter Holding

Share Holding Pre Issue 99.59%
Share Holding Post Issue

Ventive Hospitality Limited IPO Reservation

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered
Other Shares Offered
QIB Shares Offered Not less than 75% of the Net Issue
NII (HNI) Shares Offered Not more than 15% of the Net Issue
bNII > ₹10L
sNII < ₹10L
Retail Shares Offered Not more than 10% of the Net Issue
Employee Shares Offered
Total Shares Offered

Ventive Hospitality Limited IPO Anchor Investors Details

Bid Date
Shares Offered
Anchor Portion Size (In Cr.)
Anchor lock-in period end date for 50% shares (30 Days)
Anchor lock-in period end date for remaining shares (90 Days)

About Ventive Hospitality Limited

Incorporated in February 2002, Ventive Hospitality Limited operates within the hospitality industry, with a primary focus on the business and leisure segments. The company specializes in the development and management of high-end luxury hotels and resorts.

As of September 30, 2024, 11 hospitality assets are operational across India and the Maldives, comprising 2,036 keys within various upscale segments.

The hospitality assets are operated or franchised by global operators, including Marriott, Hilton, Minor, and Atmosphere.

The company’s hotels are situated in prime locations such as Pune and Bengaluru, popular tourist destinations like the Maldives, and notable spiritual and cultural centers such as Varanasi.

The company’s pre-acquisition luxury hospitality asset includes JW Marriott, Pune, while its post-acquisition luxury assets consist of JW Marriott, Pune; The Ritz-Carlton, Pune; Conrad, Maldives; Anantara, Maldives; and Raaya by Atmosphere, Maldives.

Key Performance Indicator

KPI Values
ROE
ROCE
Debt/Equity
RoNW -1.82%
P/BV
PAT Margin (%)
  Pre IPO Post IPO
EPS (Rs) -3.20 -11.80
P/E (x) -201.01 -54.48

Objects of the Issue (Ventive Hospitality Limited IPO Objectives)

The Net Proceeds from the Fresh Issue are proposed to be utilized by the Company for the following purposes:

  • Repayment or prepayment, in part or full, of certain borrowings availed by the Company;
  • Payment of interest accrued on such borrowings;
  • Investment in step-down subsidiaries, namely SS & L Beach Private Limited and Maldives Property Holdings Private Limited, for the repayment or prepayment of their borrowings, including the payment of interest thereon;
  • General corporate purposes

Ventive Hospitality Limited Contact Details

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 Limited IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: ventive.ipo@sbicaps.com

Website: https://kosmic.kfintech.com/ipostatus/

Frequently Asked Questions


What is Ventive Hospitality Limited IPO?
The Ventive Hospitality Limited IPO is classified as an Mainline IPO. The issue price is set between ₹610 and ₹643 per equity share. A minimum of 23 shares is required per order. The IPO will be open from December 20, 2024, to December 24, 2024. The shares are proposed to be listed on BSE, NSE.

When does the Ventive Hospitality Limited IPO open and close?
The Ventive Hospitality Limited IPO will be opened on December 20, 2024, and closed on December 24, 2024.

What is the issue size of the Ventive Hospitality Limited IPO?
The size of the Ventive Hospitality Limited IPO is in total. A fresh issue of ₹1,600.00 Cr shares, aggregating up to , is included.

What is the price band of the Ventive Hospitality Limited Limited IPO?
The price band for the IPO has been set between ₹610 - ₹643 per equity share.

What is the allotment date of the Ventive Hospitality Limited IPO?
The share allotment date for the Ventive Hospitality Limited IPO is set for December 26, 2024.

What is the Ventive Hospitality Limited listing date?
The Ventive Hospitality Limited IPO is scheduled to be listed on December 30, 2024.

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