Ventive Hospitality Ltd. IPO

Q: What is the size of Ventive Hospitality Ltd. IPO?

The size of the Ventive Hospitality Ltd. IPO is &#8377;1,600.00 Cr.

Q: What is the price range of Ventive Hospitality Ltd. IPO?

The price range of Ventive Hospitality Ltd. IPO is at &#8377;610 to &#8377;643 per share.

Q: What is the minimum investment and lot size required for the Ventive Hospitality Ltd. IPO?

The minimum investment required is &#8377;14,789 and minimum lot size is 23 shares.

Ventive Hospitality Ltd., established in 2002, operates in the Hotels, Resorts & Restaurants sector. The company's IPO opened on December 20, 2024 and closed on December 24, 2024, with an issue price ... Read more

Min Investment

₹ 14,789 / 23 shares

Price Range

₹610 - ₹ 643

Bidding Dates

20 Dec '24 - 24 Dec '24

Total Issue Value

1,600.00 Cr

Lot Size

Total Issue Size

1,600.00 Cr

Listing At

BSE, NSE

BSE Price

720.35 (12.03%)

NSE Price

719.85 (11.95%)

IPO Timeline

20 Dec 2024

Bidding Starts
24 Dec 2024

Bidding Ends
26 Dec 2024

Allotment Finalization
30 Dec 2024

Listing

About Ventive Hospitality Ltd.

We are predominantly a hospitality asset owner primarily focused on luxury offerings across business and leisure segments in India and the Maldives. Until August 2024, our portfolio consisted of an integrated hospitality-led development comprising JW Marriott, Pune, ICC Offices, Pune and ICC ... Read more

Parent organisation

Founded

Ventive Hospitality Ltd.

2002

Ventive Hospitality Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	1,11,90,513 (44.97%)
Employee Reserved	15,552 (0.06%)
Non Institutional Investors	37,30,171 (14.99%)
Qualified Institutional Buyers (QIBs)	74,60,342 (29.98%)
Retail Individual Investors (RIIs)	24,86,781 (9.99%)

Ventive Hospitality Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2024	494.71 Cr	166.32 Cr	324.01 Cr
31 Mar 2023	441.75 Cr	131.27 Cr	157.33 Cr
31 Mar 2022	237.50 Cr	29.43 Cr	204.37 Cr

Ventive Hospitality Ltd. Background

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).

Ventive Hospitality Ltd. Object of Issues

1. Repayment/prepayment, in part or full, of certain of borrowings availed by:
(a) our Company including payment of interest accrued thereon
(b) our step-down Subsidiaries namely SS & L Beach Private Limited and Maldives Property Holdings Private Limited including payment of interest accrued thereon through investment in such step-down Subsidiaries
2. General corporate purposes

Ventive Hospitality Ltd. IPO Listing Details

Listing Date

30 Dec 2024

BSE Script Code

VENTIVE

NSE Symbol

VENTIVE

ISIN

INE781S01019

Final Issue Price

₹ 643

Ventive Hospitality Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	₹ 643.00	₹ 643.00
Open	₹ 718.15	₹ 716.00
Low	₹ 701.55	₹ 702.00
High	₹ 748.80	₹ 749.00
Last Trade	₹ 704.55	₹ 704.35

Ventive Hospitality Ltd. Company Promoters

1. Atul I. Chordia
2. Atul I. Chordia HUF
3. Premsagar Infra Realty Private Limited
4. BRE Asia ICC Holdings Ltd.
5. BREP Asia III India Holding Co VI Pte. Ltd

Industry Overview

The India travel and tourism sector contributed Rs. 19.1 trillion of GDP in 2023 and is expected to contribute over Rs. 43 trillion by 2034. Domestic travel visits grew at a 13.5% CAGR between 2001-2019. HAI estimates that foreign tourists in India will cross 30 million by 2037 (from 9.3 million ... Read more

Ventive Hospitality Ltd. IPO Registrar

KFin Technologies Ltd.

Karvy Selenium, Tower B, Plot No. 31 & 31, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad, Ranga Reddy District Telangana - 500032

67162222

Ventive Hospitality Ltd. IPO Lead Manager(s)

SBI Capital Markets Ltd.

1501, 15th floor, A&B Wing Parinee Crescenzo, G Block, Bandra Kurla Complex, Bandra (East), Mumbai Maharashtra - 400051

40069807

FAQs

When does Ventive Hospitality Ltd. IPO opens and closes?

Ventive Hospitality Ltd. IPO opens from 20th December to 24th December 2024.

What is the size of Ventive Hospitality Ltd. IPO?

The size of the Ventive Hospitality Ltd. IPO is ₹1,600.00 Cr.

What is the price range of Ventive Hospitality Ltd. IPO?

The price range of Ventive Hospitality Ltd. IPO is at ₹610 to ₹643 per share.

What is the minimum investment and lot size required for the Ventive Hospitality Ltd. IPO?

The minimum investment required is ₹14,789 and minimum lot size is 23 shares.

When is Ventive Hospitality Ltd. IPO listing date?

The Ventive Hospitality Ltd. IPO will be listed on 30th December 2024.

What is the objective of Ventive Hospitality Ltd. IPO?

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