Grand Continent Hotels IPO is to open on March 20. Grand Continent Hotels is a SME IPO to raise ₹74.46 crores via IPO. The Grand Continent Hotels IPO price band is fixed at ₹107 to ₹113 with a market lot of 1200 Shares.
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.
Grand Continent Hotels IPO GMP Live Rates day by day with Kostak rates.
Date | IPO GMP | GMP Trend | Kostak | Subject to |
19 March | ₹- | – | ₹- | ₹- |
18 March | ₹- | – | ₹- | ₹- |
17 March | ₹- | – | ₹- | ₹- |
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 Dates
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 |
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Disclaimer:
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