Ventiv Hospitality IPO opening date is December 20

Ventiv Hospitality IPO opening date is December 20, 2024 and the IPO will close on December 24, 2024. Ventiv Hospitality IPO is a book built issue. The company will raise around ₹1600 crore through the IPO consisting of a fresh issue of ₹1600 crore and an offer for sale of up to ₹[.] crore, [.] equity shares with face value of ₹1 each.

The price band of Ventiv Hospitality IPO is ₹610 to ₹643 per share. Retail quota is 10%, QIB 75% and HNI 15%. Ventiv Hospitality IPO will be listed on BSE, NSE on December 30, 2024. The allotment date of Ventiv Hospitality IPO is December 26, 2024.

The company reported a revenue of ₹494.71 crore in 2024 against ₹441.75 crore in 2023. The company reported a profit of ₹166.32 crore in 2024 against a profit of ₹131.27 crore in 2023. As per the financials, IPO investors should apply for the IPO for the long term.

Ventiv Hospitality IPO Market Lot
The minimum market lot for Ventiv Hospitality IPO is 23 shares with an application amount of ₹14,789. Retail investors can apply for up to 299 shares or 13 lots with an amount of ₹1,92,257.

Ventiv Hospitality IPO Dates
The Ventiv Hospitality IPO date is December 20 and the closing date is December 24. The Ventiv Hospitality IPO allotment will be finalized on December 26 and the IPO listing on December 30.

Ventiv Hospitality IPO Promoters
The promoters of the company are Atul I. Chordia, Atul I. Chordia HUF, Premsagar Infra Realty Private Limited, BRE Asia ICC Holdings Limited and BREP Asia III India Holding Company VI Private Limited.

About Ventiv Hospitality IPO
Founded in February 2002, Ventiv Hospitality Limited is a hospitality property owner primarily focused on the business of luxury offerings and leisure segment. Marriott, Hilton, Minor and Atmosphere are global operators that run or franchise all of their hospitality properties. JW Marriott, Pune, The Ritz-Carlton, Pune, Conrad, Maldives, Anantara, Maldives and Raya by Atmosphere, Maldives are some of the luxury property 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 a total of 2,036 properties across the luxury, upper and upscale segments. As of now, Ventive Hospitality owns three hospitality properties in Maldives, which is considered one of the most preferred tourist destinations globally. As of March 31, 2024, the company operates a total of 11 hospitality properties, out 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 a revenue of ₹494.71 crores in 2024 against ₹441.75 crores in 2023. The company reported a profit of ₹166.32 crores in 2024 against a profit of ₹131.27 crores in 2023.

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