Grand Continent Hotels IPO Date, Review, Price, Allotment Details

Grand Continent Hotels IPO open date is March 20, 2025 and the IPO will close on March 24, 2025. Grand Continent Hotels IPO is a Book Built Issue. The company to raise around ₹74.46 crores via IPO that comprises fresh issue of ₹70.74 crores and offer for sale up to 3,28,800 equity shares with face value of ₹10 each.

Grand Continent Hotels IPO price band is ₹107 to ₹113 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Grand Continent Hotels IPO to list on NSE on March 27, 2025. The allotment of Grand Continent Hotels IPO date is March 25, 2025.

The company reported revenue of ₹31.53 crores in 2024 against ₹17.05 crore in 2023. The company reported profit of ₹4.12 crores in 2024 against profit of ₹1.05 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Grand Continent Hotels IPO Details

IPO Open Date:March 20, 2025
IPO Close Date:March 24, 2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹107 to ₹113 Per Share
Issue Size:Approx ₹74.46 Crores
Fresh Issue:Approx ₹70.74 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 ₹1,35,600 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹1,35,600
Retail Maximum11200₹1,35,600
S-HNI Minimum22400₹2,71,200

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 ₹31.53 crores in 2024 against ₹17.05 crore in 2023. The company reported profit of ₹4.12 crores in 2024 against profit of ₹1.05 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹6.03₹7.67₹0.79₹34.37
2023₹17.05₹15.15₹1.05₹42.26
2024₹31.53₹26.01₹4.12₹73.91
September 2024₹31.86₹23.86₹6.81₹97.94

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.

KPIValues
ROE:0.25%
ROCE:0.17%
EBITDA Margin:31.58%
PAT Margin:13.05%
Debt to equity ratio:1.13
Earning Per Share (EPS):₹2.54 (Basic)
Price/Earning P/E Ratio:42.13
Return on Net Worth (RoNW):26.67%
Net Asset Value (NAV):₹75.17

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Lemon Tree Hotels Limited1.8867.7912.28%19.52– Cr.
Sayaji Hotels Limited8.1832.387.04%90.49– Cr.
Royal Orchids Hotels Limited17.6821.9925.09%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

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Grand Continent Hotels IPO Registrar

MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: grandcontinent.ipo@linkintime.co.in
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: cs@grandcontinenthotels.com
Website: https://grandcontinenthotels.com/

Grand Continent Hotels IPO FAQs

What is Grand Continent Hotels IPO?

Grand Continent Hotels IPO is a SME IPO. The company is going to raise ₹74.46 Crores via IPO. The issue is priced at ₹107 to ₹113 per equity share. The IPO is to be listed on NSE.

When Grand Continent Hotels IPO will open for subscription?

The IPO is to open on March 20, 2025 for QIB, NII, and Retail Investors. The IPO will close on March 24, 2025.

What is Grand Continent Hotels IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Grand Continent Hotels IPO?

You can apply for Grand Continent Hotels IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Grand Continent Hotels IPO Issue Size?

Grand Continent Hotels IPO issue size is ₹74.46 crores.

What is Grand Continent Hotels IPO Price Band?

Grand Continent Hotels IPO Price Band is ₹107 to ₹113.

What is Grand Continent Hotels IPO Lot Size?

The minimum bid is 1200 Shares with ₹1,35,600 amount.

What is the Grand Continent Hotels IPO Allotment Date?

Grand Continent Hotels IPO allotment date is March 25, 2025.

What is the Grand Continent Hotels IPO Listing Date?

Grand Continent Hotels IPO listing date is March 27, 2025. The IPO is to list on NSE.

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).
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