Ventive Hospitality Ltd. Company History and Annual Growth Details

Our Company was incorporated as ‘O4U Realty (India) Private Limited’ as a private limited company under the Companies Act, 1956 at Mumbai, Maharashtra and a certificate of incorporation was granted by the Registrar of Companies, Maharashtra, Mumbai on February 12, 2002. The name of our Company was changed to ‘ICC Realty (India) Private Limited’ as part of a rebranding exercise, and a fresh certificate of incorporation was issued by the Registrar of Companies, Maharashtra, Mumbai on  February 27, 2003. Thereafter, the name of our Company was further changed to ‘Ventive Hospitality Private Limited’ again pursuant to a re-branding exercise, and a fresh certificate of incorporation was issued by the Registrar of Companies, Central Processing Centre on July 8, 2024. Our Company was subsequently converted into a public limited company and the name of our Company was changed to ‘Ventive Hospitality Limited’ and a fresh certificate of incorporation dated August 28, 2024 was issued by Registrar of Companies, Central Processing Centre.

Major Events and Milestones:

2002

- Incorporation of our Company

2005

- Commencement of operations of ICC Offices, Pune

2010

- Inauguration of the Marriott Hotel, Pune

- Xander Investment Holding XVI Limited acquired 48.99% of the equity share capital of our Company

2013

- Re-branding of the Marriott Hotel, Pune to JW Marriott, Pune

2017

- Affiliates of Blackstone acquired 100% of the shareholding of Xander Investment Holding XVI Limited (which was subsequently re-named as BRE Asia ICC Holdings Ltd) and BRE Asia, became a 50% shareholder in our Company

2024

- The name of our Company was changed from ‘ICC Realty (India) Private Limited’ to ‘Ventive Hospitality Private Limited’ and subsequently to ‘Ventive Hospitality Limited’

- Completed the Acquisition Transactions pursuant to which our Company directly/indirectly acquired Varanasi Hotel under a non-binding MOU with Marriott (for a potential Marriott brand); Marriott Aloft ORR Bengaluru; DoubleTree by Hilton, Pune; Oakwood Residences, Pune; Marriott Suites, Pune; Marriott Aloft Whitefield Bengaluru; Courtyard by Marriott, Pune; Panchshil Tech Park, Pune; Business Bay, Pune; The Ritz-Carlton, Pune; Raaya by Atmosphere, Maldives; Anantara, Maldives, Conrad, Maldives, Sri Lanka hotel, under a nonbinding MOU with Marriott (for a potential Ritz Carlton Reserve brand).