Grand Continent Hotels IPO Details
| IPO Open Date: | March 20, 2025 |
| IPO Close Date: | March 24, 2025 |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹107 to ā¹113 Per Share |
| Issue Size: | Approx ā¹74.46 Crores |
| Fresh Issue: | Approx ā¹70.74 Crores |
| Offer for Sale: | Approx 3,28,800 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Grand Continent Hotels IPO Market Lot
The Grand Continent Hotels IPO minimum market lot is 1200 shares with ā¹1,35,600 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ā¹1,35,600 |
| Retail Maximum | 1 | 1200 | ā¹1,35,600 |
| S-HNI Minimum | 2 | 2400 | ā¹2,71,200 |
Grand Continent Hotels IPO Dates
The Grand Continent Hotels IPO date is March 20 and the close date is March 24. The Grand Continent Hotels IPO allotment will be finalized on March 25 and the IPO listing on March 27.
| IPO Open Date: | March 20, 2025 |
| IPO Close Date: | March 24, 2025 |
| Basis of Allotment: | March 25, 2025 |
| Refunds: | March 26, 2025 |
| Credit to Demat Account: | March 26, 2025 |
| IPO Listing Date: | March 27, 2025 |
Promoters of Grand Continent Hotels IPO
The promoters of the company are Mr. Ramesh Siva And Mrs. Vidya Ramesh Details Of The Offer To Public.
About Grand Continent Hotels IPO
Grand Continent Hotels, incorporated in 2011, is one of the growing companies in the mid-scale hotel sector business, consisting of the upper-mid, mid-priced, and economy hotel segments. As of September 30, 2024, Grand Continent Hotels, along with JV partner entities, consists of 16 operational hotel properties and operates a total of 753 hotel keys situated throughout Karnataka (Bengaluru), Tamil Nadu (Hosur), Goa (Anjuna), Andhra Pradesh (Tirupati) and Telangana (Secunderabad). The business concentrates on providing unique yet superior quality services to the Indian middle-class guests and business travelers. At the same time, they focus on offering a value-for-money proposition, ensuring that their customer receive quality services with affordability. In October 2010, the promoter of the company first decided to start a hospitality business by building a first hotel, Grand Continent, with 54 rooms, which is now converted, with establishing 10 hotels and a total of 458 hotel rooms in Bengaluru as of September 30, 202,4 indicating building a strong presence in not only domestic but internationally.
Grand Continent Hotels IPO Company Financial Report
The company reported revenue of ā¹31.53 crores in 2024 against ā¹17.05 crore in 2023. The company reported profit of ā¹4.12 crores in 2024 against profit of ā¹1.05 crores in 2023.
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ā¹6.03 | ā¹7.67 | ā¹0.79 | ā¹34.37 |
| 2023 | ā¹17.05 | ā¹15.15 | ā¹1.05 | ā¹42.26 |
| 2024 | ā¹31.53 | ā¹26.01 | ā¹4.12 | ā¹73.91 |
| September 2024 | ā¹31.86 | ā¹23.86 | ā¹6.81 | ā¹97.94 |
Grand Continent Hotels IPO Valuation – FY2024
Check Grand Continent Hotels 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: | 0.25% |
| ROCE: | 0.17% |
| EBITDA Margin: | 31.58% |
| PAT Margin: | 13.05% |
| Debt to equity ratio: | 1.13 |
| Earning Per Share (EPS): | ā¹2.54 (Basic) |
| Price/Earning P/E Ratio: | 42.13 |
| Return on Net Worth (RoNW): | 26.67% |
| Net Asset Value (NAV): | ā¹75.17 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Lemon Tree Hotels Limited | 1.88 | 67.79 | 12.28% | 19.52 | – Cr. |
| Sayaji Hotels Limited | 8.18 | 32.38 | 7.04% | 90.49 | – Cr. |
| Royal Orchids Hotels Limited | 17.68 | 21.99 | 25.09% | 75.88 | – Cr. |
Objects of the Issue
- Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the Company
- Expansion of the Hotel properties in India
- General corporate purposes.
Grand Continent Hotels IPO Review
- IPO Watch – May Apply
- Canara Bank –
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- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
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- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Grand Continent Hotels IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Indorient Financial Services Ltd
Company Address
Grand Continent Hotels Limited
S No. 245/1A/1B, Venpursham Village,
Veeralapakkam, Thiruporur, Chengalpattu,
Mamallapuram, Kanchipuram, Tirukalikundram-603110
Phone: 080 4165 6491
Email: [email protected]
Website: https://grandcontinenthotels.com/
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Note: The Grand Continent Hotels IPO price band and date are officially announced. The (Grand Continent Hotels IPO grey market premium) will be added to the IPO GMP page as it will start).
