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Objective of the Issue
The Company proposes to utilise the Net Proceeds from the Fresh Issue towards the funding of the following objects:
- Repayment/prepayment, in part or full, of certain of borrowings availed by the company.
- For payment of interest accrued thereon.
- Step-down Subsidiaries, namely SS & L Beach Private Limited and Maldives Property Holdings Private Limited, including the payment of interest thereon through investment in such step-down Subsidiaries.
- General corporate purposes.
IPO Details, Price, Market Lot
| Ventive Hospitality IPO Details | |
| IPO Open Date | 20 December 2024 |
| IPO Close Date | 24 December 2024 |
| IPO Issue Size | 2,48,83,358 Shares (Aggregating up to ₹1,600.00 Cr) |
| Fresh Issue | 2,48,83,358 Shares (Aggregating up to ₹1,600.00 Cr) |
| Offer for Sale | NIL |
| Retail Portion | Not more than 10% of the offer |
| NII Portion | Not more than 15% of the offer |
| QIB Portion | Not less than 75% of the offer |
| Listing At | NSE, BSE |
| Ventive Hospitality IPO Price | |
| Face Value | ₹1 Per Share |
| IPO Price Band | ₹610 to ₹643 Per Share |
| Employee Discount | — |
| IPO Issue Type | Book Built Issue |
| Ventive Hospitality IPO Market Lot For Retail Investor | |
| No. of Shares Per Lot | 23 Shares |
| Minimum Lot Size | 1 Lot (23 Shares) |
| Minimum Amount (Cut-off price) | ₹14,789 |
| Maximum Lot Size | 13 Lots (299 Shares) |
| Maximum Amount (Cut-off price) | ₹1,92,257 |
| Ventive Hospitality IPO Market Lot For S-HNI | |
| No. of Shares Per Lot | 23 Shares |
| Minimum Lot Size | 14 Lots (322 Shares) |
| Minimum Amount (Cut-off price) | ₹2,07,046 |
| Maximum Lot Size | 67 Lots (1541 Shares) |
| Maximum Amount (Cut-off price) | ₹9,90,863 |
| Ventive Hospitality IPO Market Lot For B-HNI | |
| No. of Shares Per Lot | 23 Shares |
| Minimum Lot Size | 68 Lots (1564 Shares) |
| Minimum Amount (Cut-off price) | ₹10,05,652 |
IPO Date, Listing Date, Allotment Date
| Ventive Hospitality IPO Time Table (Tentative) | |
| IPO Open Date | 20 December 2024 |
| IPO Close Date | 24 December 2024 |
| Basis of Allotment Date | 26 December 2024 |
| Initiation of Refunds | 27 December 2024 |
| Credit of Share to Demat Account | 27 December 2024 |
| IPO Listing Date | 30 December 2024 |
Financial Report
| Period Ended | Assets (₹ in Crore) |
Revenue (₹ in Crore) |
P A T (₹ in Crore) |
Net Worth (₹ in Crore) |
Borrowings (₹ in Crore) |
| 30 September 2024 | 875.9 | -137.83 | |||
| 31 March 2024 | 8,794.1 | 1,907.38 | -66.75 | 3,665.83 | 3,682.13 |
| 31 March 2023 | 8,606.17 | 1,762.19 | 15.68 | 3,657.15 | 3,599.66 |
| 31 March 2022 | 8,010.41 | 1,197.61 | -146.2 | 3,441.39 | 3,291.07 |
| Period Ended | 30 Sept. 2024 | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Assets | 8,794.1 | 8,606.17 | 8,010.41 | |
| Revenue | 875.9 | 1,907.38 | 1,762.19 | 1,197.61 |
| P A T | -137.83 | -66.75 | 15.68 | -146.2 |
| Net Worth | 3,665.83 | 3,657.15 | 3,441.39 | |
| Borrowings | 3,682.13 | 3,599.66 | 3,291.07 | |
| Amount in ₹ Corre | ||||
Company Promotor & Promotor’s Holding
Atul I. Chordia, Atul I. Chordia HUF, Premsagar Infra Realty Private Limited, BRE Asia ICC Holdings Ltd and BREP Asia III India Holding Co VI Pte. Ltd. are company promoters.
| Pre Issue Promotor Holding | 99.59% |
| Post Issue Promotor Holding |
Company Address
IPO Registrar, Lead Manager, Prospectus
| Ventive Hospitality IPO Prospectus |
| Ventive Hospitality IPO Registrar |
| Kfin Technologies Limited |
| Ventive Hospitality IPO Lead Manager |
|