Ventive Hospitality IPO Details
The key details of Ventive Hospitality’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹1,600.00 Cr |
| Price Range | ₹610 - ₹643 |
| Retail Quota | 10% |
| QIB Quota | 75% |
| NII Quota | 15% |
| Employee Discount | ₹30 |
| Listing at | NSE and BSE |
| Minimum Quantity | 23 |
| Investment (cut-off price) | ₹14,789 |
| Pre IPO Promotor Holding | 99.59% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Ventive Hospitality IPO Timelines
The IPO process for Ventive Hospitality includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
20/12/2024
Start Date24/12/2024
End Date27/12/2024
Refund Initiation27/12/2024
Credit of Shares to Demat Ac30/12/2024
Listing DateVentive Hospitality IPO Lot Size
The Ventive Hospitality IPO has a fixed lot size of 23 shares, at an upper price band of ₹643 per share, requiring ₹14,789 per lot for retail investors. Retail investors can apply for a maximum of 299 shares worth ₹192,257. For Small HNI (S-HNI), the minimum application starts at 322 shares (₹207,046) up to 1,541 shares (₹990,863), while Big HNI (B-HNI) requires a minimum of 1,564 shares amounting to ₹1,005,652.
| 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 |
| S-HNI Maximum | 67 | 1541 | ₹9,90,863 |
| B-HNI Minimum | 68 | 1564 | ₹10,05,652 |
Ventive Hospitality IPO Subscription Status
The subscription status for Ventive Hospitality IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 9.58x | 14.60x | 6.19x | 10.03x | 10.33x |
IPO Performance on Listing Day
On the listing day (December 30, 2024), Ventive Hospitality made a decent debut on the stock exchange. The stock opened at ₹716, offering a modest premium of 11.4% over its issue price of ₹643. During the trading session, the stock showed moderate movement, reaching a high of ₹749 while maintaining support above ₹702. The shares ended their first trading day at ₹705.60, securing a steady gain of 9.7% over the issue price, reflecting balanced market sentiment towards this hospitality sector entrant.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹716 | ₹705.60 | ₹749 | ₹702 |
Ventive Hospitality IPO Company Financials
Ventive Hospitality reports robust performance in FY2024 with Total Income of ₹494.71 crores, managing expenses at ₹289.52 crores, and achieving a strong PAT (Profit After Tax) of ₹166.32 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹237.51 | ₹201.48 | ₹29.43 |
| FY 2023 | ₹441.75 | ₹282.57 | ₹131.27 |
| FY 2024 | ₹494.71 | ₹289.52 | ₹166.32 |
| FY 2025 (6 M) | ₹388.93 | ₹352.45 | -₹20.76 |
About Company
Ventive Hospitality, a premier division of Panchshil Realty, is a leading owner, developer, and asset manager of luxury and business hotels and resorts. Known for creating landmark properties in Pune and the Maldives, the company prioritizes excellence and sustainability throughout the asset lifecycle. Its impressive portfolio includes 11 operational hotels and resorts, two properties under development, and 3.4 million sq. ft. of commercial and retail spaces strategically aligned with its hospitality assets.
Ventive Hospitality specializes in mixed-use developments that integrate luxury hospitality with efficient workspaces, fostering vibrant and exclusive communities. These projects, designed with strategic vision and high-end finishes, seamlessly blend recreation, leisure, and productivity, delivering unparalleled experiences for guests and businesses alike.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2022 | Hospitality & Travel | Atul Chordia |
Know Before Investing
Ventive Hospitality IPO Strengths
- Premium hospitality assets combined with Grade A annuity properties, enhancing asset diversity and income stability.
- Strong history of growth through development and acquisitions in India and the Maldives, demonstrating strategic expansion.
- Promoters with global and local expertise, ensuring a robust foundation and strategic vision.
- A professional and experienced management team, driving operational excellence and long-term success.
- Proven ability to add value through active asset management, optimizing returns and asset quality.
- Positioned to leverage favorable industry trends, including increased travel and hospitality demand.
Ventive Hospitality IPO Risks
- The hospitality industry is sensitive to economic fluctuations, which can impact occupancy rates and revenue.
- The company plans to use a significant portion of IPO proceeds for debt repayment, indicating existing financial leverage that could affect stability.
- Operating in a heavily regulated sector, any changes in laws or regulations could adversely impact operations and profitability.
- The company’s success relies on relationships with global operators like Marriott and Hilton, making it vulnerable to changes in these partnerships.
- As this is the company’s first public offering, there is limited historical performance data available for investors to assess long-term viability.
Swot Analysis for Ventive Hospitality IPO
Strengths
Luxury Portfolio, Strong Revenue Contribution, Strategic Locations, Established Partnerships
Weaknesses
High Dependence on Luxury Segment, Limited International Presence, Operational Losses
Opportunities
Growing Hospitality Demand, Expansion Plans, Mixed-Use Developments
Threats
Intense Competition, Economic Fluctuations, Regulatory Compliance Risks
Company Details
Ventive Hospitality Limited
2 nd Floor, Tower D, Tech Park One
Yerwada
Pune, 411006
Phone: +91 2069061900
Email: CS@ventivehospitality.com
Website: https://www.ventivehospitality.com/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: ventive.ipo@sbicaps.com
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of Ventive Hospitality IPO are:
- Repayment/prepayment of company borrowings, including interest.
- Investment in SS & L Beach Pvt. Ltd. and Maldives Property Holdings Pvt. Ltd. for loan and interest repayment.
- General corporate purposes.
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 are the book-running lead managers for the Ventive Hospitality IPO.