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The Ventive Hospitality IPO opens for subscription on December 20, 2024, and closes on December 24, 2024. Investors can track the IPO GMP (Grey Market Premium) and other details for insights into market sentiment. The allotment of shares is expected to be finalized on Thursday, December 26, 2024, and investors can check their IPO allotment status online. The IPO is set to list on both the BSE and NSE, with the tentative listing date scheduled for Monday, December 30, 2024. You can stay updated on listing details using platforms like IPO Watch.
The price band for the Ventive Hospitality IPO is set between ₹610 and ₹643 per share, with a minimum application lot size of 23 shares. Retail investors need to invest at least ₹14,789. For small non-institutional investors (sNII), the minimum investment is 14 lots (322 shares) amounting to ₹2,07,046, while large non-institutional investors (bNII) must invest in 68 lots (1,564 shares) amounting to ₹10,05,652.
For those interested in the IPO grey market, tracking the GMP can provide additional insights into the anticipated performance. The book-running lead managers for the Ventive Hospitality IPO include JM Financial Limited, Axis Capital Limited, HSBC Securities & Capital Markets Pvt Ltd, ICICI Securities Limited, IIFL Securities Ltd, Kotak Mahindra Capital Company Limited, and SBI Capital Markets Limited. KFin Technologies Limited is the registrar for the issue.
For more detailed information, including the allotment process and listing updates, refer to the Ventive Hospitality IPO RHP (Red Herring Prospectus) or follow the latest updates on IPO Watch and related platforms.
| IPO Details | Information |
|---|---|
| IPO Date | December 20, 2024 to December 24, 2024 |
| Listing Date | December 30, 2024 |
| Face Value | ₹1 per share |
| Price Band | ₹610 to ₹643 per share |
| Lot Size | 23 Shares |
| Total Issue Size | 2,48,83,358 shares (aggregating up to ₹1,600.00 Cr) |
| Fresh Issue | 2,48,83,358 shares (aggregating up to ₹1,600.00 Cr) |
| Employee Discount | ₹30.00 |
| 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 |
| Event | Date |
|---|---|
| IPO Open Date | Friday, December 20, 2024 |
| IPO Close Date | Tuesday, December 24, 2024 |
| Basis of Allotment | Thursday, December 26, 2024 |
| Initiation of Refunds | Friday, December 27, 2024 |
| The credit of Shares to Demat | Friday, December 27, 2024 |
| Listing Date | Monday, December 30, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 24, 2024 |
| 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 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Issue |
| Retail Shares Offered | Not more than 10% of the Net Issue |
| NII (HNI) Shares Offered | Not more than 15% of the Net Issue |
| 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 |
The Ventive Hospitality IPO offers a promising investment opportunity, raising ₹1,600.00 crores through a fresh issue of equity shares. With a price band of ₹610 to ₹643 per share and allotment updates expected by December 26, 2024, investors can track the IPO allotment status and IPO GMP (Grey Market Premium) for insights. The tentative listing date of December 30, 2024, on BSE and NSE, further enhances its appeal. Stay updated on the latest developments, including IPO grey market trends, through platforms like IPO Watch, ensuring you don't miss critical details about the Ventive Hospitality IPO allotment and market performance.
