Ventive Hospitality IPO Details
IPO Open Date: | December 20, 2024 |
IPO Close Date: | December 24, 2024 |
Face Value: | ₹1 Per Equity Share |
IPO Price Band: | ₹610 to ₹643 Per Share |
Issue Size: | Approx ₹1600 Crores, 2,48,83,358 Equity Shares |
Fresh Issue: | Approx ₹1600 Crores, 2,48,83,358 Equity Shares |
Issue Type: | Book Built Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 10% |
QIB Quota: | Not more than 75% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Ventive Hospitality IPO Market Lot
The Ventive Hospitality IPO minimum market lot is 23 shares with ₹14,789 application amount. The retail investors can apply up-to 13 lots with 299 shares or ₹1,92,257 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 23 | ₹14,789 |
Retail Maximum | 13 | 299 | ₹1,92,257 |
S-HNI Minimum | 14 | 322 | ₹2,07,046 |
B-HNI Minimum | 68 | 1,564 | ₹10,05,652 |
Ventive Hospitality IPO Dates
The Ventive Hospitality IPO date is December 20 and the close date is December 24. The Ventive Hospitality IPO allotment will be finalized on December 26 and the IPO listing on December 30.
IPO Open Date: | December 20, 2024 |
IPO Close Date: | December 24, 2024 |
Basis of Allotment: | December 26, 2024 |
Refunds: | December 27, 2024 |
Credit to Demat Account: | December 27, 2024 |
IPO Listing Date: | December 30, 2024 |
Promoters of Ventive Hospitality IPO
The promoters of the company are Atul I. Chordia, Atul I. Chordia HUF, Premsagar Infra Realty Private Limited, BRE Asia ICC Holdings Ltd and BREP Asia III India Holding Co VI Pte. Ltd.
About Ventive Hospitality IPO
Founded in February 2002, Ventive Hospitality Limited is a hospitality property owner that mainly focuses on the business of luxury offerings and leisure segments. Marriott, Hilton, Minor, and Atmosphere are the global operators that run or franchise all of their hospitality properties. JW Marriott, Pune, The Ritz-Carlton, Pune, Conrad, Maldives, Anantara, Maldives, and Raaya by Atmosphere, Maldives are some of the luxury properties businesses owned by Ventive Hospitality Limited. As of March 31, 2024, they have a total of 11 operational hospitality properties in India and Maldives, with an overall 2,036 properties across the luxury, upper, and upscale segments. As of now, Ventive Hospitality has three hospitality properties in the Maldives which are globally ranked as one of the most loved tourist spots. As of March 31, 2024, the company operates a total of 11 hospitality properties, of which 7 properties (1331 rooms) were built by the company, and the remaining 4 properties (705 rooms) were purchased by the company.
Ventive Hospitality IPO Company Financial Report
The company reported revenue of ₹494.71 crores in 2024 against ₹441.75 crore in 2023. The company reported profit of ₹166.32 crores in 2024 against Profit of ₹131.27 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹237.51 | ₹201.48 | ₹29.43 | ₹824.92 |
2023 | ₹441.75 | ₹282.57 | ₹131.27 | ₹779.29 |
2024 | ₹494.71 | ₹289.52 | ₹166.32 | ₹951.97 |
September 2024 | ₹388.93 | ₹352.45 | ₹20.76 | ₹8714.47 |
Ventive Hospitality IPO Valuation – FY2024
Check Ventive Hospitality 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: | -% |
ROCE: | -% |
EBITDA Margin: | 60.75% |
PAT Margin: | 33.62% |
Debt to equity ratio: | (24.95) |
Earning Per Share (EPS): | ₹15.92 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 50.31% |
Net Asset Value (NAV): | ₹31.65 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Chalet Hotels Limited | 13.54 | 66.04 | 15.03% | 90.08 | 1417.25 Cr. |
Samhi Hotels Limited | (14.67) | NA | NA | 47.63 | 957.39 Cr. |
Juniper Hotels Limited | 1.46 | 244.86 | 0.90% | 119.34 | 817.66 Cr. |
The Indian Hotels Company Limited | 8.86 | 87.89 | 13.13% | 71.16 | 6768.75 Cr. |
EIH Limited | 10.22 | 36.68 | 16.58% | 65.34 | 2511.27 Cr. |
Lemon Tree Hotels Limited | 1.88 | 69.10 | 11.75% | 19.52 | 1071.12 Cr. |
Apeejay Surrendra Park Hotels Limited | 3.82 | 42.96 | 5.74% | 56.13 | 578.97 Cr. |
Objects of the Issue
- Repayment/prepayment, in part or full, of certain of borrowings availed by the company:
- For payment of interest accrued thereon; and
- Step-down Subsidiaries, namely SS & L Beach Private Limited and Maldives Property Holdings Private Limited, including the payment of interest thereon through investment in such step-down Subsidiaries;
- General corporate purposes.
Ventive Hospitality IPO Review
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Ventive Hospitality IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Jm Financial Limited
- Axis Capital Limited
- Hsbc Securities & Capital Markets Pvt Ltd
- ICICI Securities Limited
- Iifl Securities Ltd
- Kotak Mahindra Capital Company Limited
- SBI Capital Markets Limited
Company Address
Ventive Hospitality Limited
2 nd Floor, Tower D, Tech Park One
Yerwada
Pune, 411006
Phone: +91 2069061900
Email: [email protected]
Website: https://www.ventivehospitality.com/
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