Ventive Hospitality, a leader in the luxury hospitality industry, is set to launch its much-anticipated Initial Public Offering (IPO) from December 20, 2024, to December 24, 2024. This IPO is expected to attract significant attention from retail and institutional investors alike. Below is a comprehensive overview of the IPO details, company background, financial performance, and other key highlights.
About Ventive Hospitality
Ventive Hospitality is a prominent asset owner in the luxury hospitality sector, managing high-value properties across both business and leisure segments. The company partners with some of the most renowned global hospitality operators, including Marriott, Hilton, Minor, and Atmosphere. These partnerships ensure that Ventive Hospitality’s portfolio, which includes 17 luxury properties in India and the Maldives, is operated at the highest standards of excellence.
The properties span across luxury, upper-upscale, and upscale categories, catering to diverse clientele. Ventive Hospitality’s business model is focused on owning and developing assets while leveraging the expertise of world-class operators to manage these properties.
- Founded: 2002
- Managing Director: Mr. Atul Chordia
- Parent Organisation: Ventive Hospitality Ltd
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Ventive Hospitality Financials
The financial growth of Ventive Hospitality over the years reflects its strategic business operations and strong market presence.
Revenue (₹ Cr)
- 2022: ₹229
- 2023: ₹431
- 2024: ₹478
Total Assets (₹ Cr)
- 2022: ₹825
- 2023: ₹779
- 2024: ₹952
Profit (₹ Cr)
- 2022: ₹29.43
- 2023: ₹131
- 2024: ₹166
These figures demonstrate the company’s consistent revenue growth and its ability to generate higher profits year-over-year. The increase in total assets further highlights the expansion of its portfolio and operational capabilities.
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Ventive Hospitality IPO Details
The Ventive Hospitality IPO offers investors an opportunity to be part of a company with a solid foundation in the hospitality sector.
- 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: ₹1,600.00 Cr (2,48,83,358 shares)
- Fresh Issue: ₹1,600.00 Cr
- Employee Discount: ₹30 per share
- Issue Type: Book Built Issue IPO
- Listing At: BSE, NSE
The IPO comprises a complete fresh issue of shares worth ₹1,600 Cr, indicating the company’s intention to raise funds to fuel its future growth and expansion plans.
Ventive Hospitality IPO Lot Size
Investors can bid for the IPO in multiples of 23 shares. Below are the minimum and maximum investment details for retail and high-net-worth individuals (HNIs):
| 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 |
The affordable lot size makes it accessible for retail investors, while the higher maximum limits cater to HNIs looking to make larger investments.
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Key Performance Indicators
Ventive Hospitality’s Key Performance Indicators (KPIs) provide a glimpse into its financial stability and operational efficiency.
- Market Capitalization: ₹15,016.70 Cr
- Return on Net Worth (RoNW): -1.82%
- Price to Book Value: 3.66
While the RoNW is currently negative, the company’s consistent revenue growth and strategic asset management offer a promising outlook for long-term investors.
Ventive Hospitality IPO Timeline
Below are the important dates for the Ventive Hospitality IPO:
- IPO Open Date: December 20, 2024
- IPO Close Date: December 24, 2024
- Basis of Allotment: December 26, 2024
- Initiation of Refunds: December 27, 2024
- Credit of Shares to Demat: December 27, 2024
- Listing Date: December 30, 2024
Investors should ensure their UPI mandate confirmation by 5 PM on December 24, 2024, to avoid any payment-related issues.
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Ventive Hospitality IPO Registrar
The IPO is managed by KFin Technologies Limited, one of India’s leading IPO registrars.
- Phone: 040-67162222, 040-79611000
- Email: ventive.ipo@sbicaps.com
- Website: KFinTech IPO Status
Why Invest in Ventive Hospitality IPO?
Ventive Hospitality’s focus on luxury properties, strong partnerships with global operators, and consistent financial growth make it an attractive investment opportunity. The funds raised through the IPO will likely be used for:
- Expanding its portfolio of properties.
- Reducing debt to improve the company’s financial health.
- General corporate purposes to strengthen its market position.
The luxury hospitality sector is poised for growth, and Ventive Hospitality is well-positioned to capitalize on this trend.
FAQs
What are the IPO dates for Ventive Hospitality?
The IPO opens on December 20, 2024, and closes on December 24, 2024.
What is the price band for Ventive Hospitality IPO?
The price band is ₹610 to ₹643 per share.
What is the lot size for retail investors?
Retail investors can bid for a minimum of 23 shares.
What is the total issue size of the IPO?
The total issue size is ₹1,600.00 Cr, consisting entirely of a fresh issue.
When will the shares be listed?
The shares are scheduled to be listed on December 30, 2024.
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