Ventive Hospitality IPO bidding dates start on 20 December 2024 and it will close on 24 December 2024. The bidding price of the IPO is set between Rs. 610 to Rs. 643. The IPO may list in the stock market with higher listing gains because of the company’s strong financials and fundamentals even when it is a small-cap company. Its IPO demand can be seen easily in the Vantive Hospitality IPO GMP today.
Ventive Hospitality is a small-cap company with a low debt of Rs. 470 Crore and cash of Rs. 70.9 Crore. The company is highly profitable and over the last 4 years, the net profit and revenue of the company continually improved.
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Ventive Hospitality IPO GMP Today
As of 22 Dec 2024, Ventive Hospitality IPO GMP (grey market premium) Today is trading at Rs. 35. As per the GMP, the estimated listing price of the IPO in NSE and BSE is Rs. 678 (5.44%).
Disclaimer: You should not completely rely on the IPO GMP as it is not an accurate indicator, and its trend may change rapidly anytime. Before applying for an IPO, you should check various things like Brokerage or Expert view, Subscription Levels or Status, Risks Involved, Financials, Industry and Market Conditions, Valuations, Company Fundamentals, Promoters and management, etc.
| Date | Live IPO GMP | EST. Listing Gains | Price Band | IPO Size | Bidding Dates |
|---|---|---|---|---|---|
| 22 Dec 2024 (Today) | ₹35 | ₹678 (5.44%) | ₹610 – ₹643 | ₹1,600.00 Crore | 20 Dec – 24 Dec 2024 |
About Ventive Hospitality Ltd
Ventive Hospitality Ltd is a small-cap company. It is a premier owner, developer, and asset manager of luxury and business hotels and resorts in India and the Maldives, and soon in Sri Lanka. The company has 11 operational hotels in these two countries.
In India, as the travel and tourism sector grows, the demand for hotels also increases. Ventive Hospitality will also benefit from the increasing demand if it has hotels near the demand zone.
IPO Details
The Ventive Hospitality IPO’s bidding dates are 20 December to 24 December. The IPO price is set at Rs. 610 to Rs. 643, and the issue size is 1600.00 Crore. For retail investors, the minimum investment is Rs. 14,789 for 23 shares (1 lot) and the maximum investment is Rs. 1,92,257 for 299 shares (13 lot). The basic allotment date of the Ventive Hospitality is set to 26 December 2024 and the IPO is going to list in the stock market on 30 December 2024.
| IPO Type | Mainboard |
| IPO Open Date | 20 December 2024 |
| IPO Close Date | 24 December 2024 |
| IPO Listing Date | 30 December 2024 |
| Refund Date | 27 December 2024 |
| IPO Allotment Date | 26 December 2024 |
| IPO Demat Credit Date | 29 December 2024 |
| IPO Price Band | ₹610 to ₹643 Per Share |
| IPO Listing | NSE & BSE |
| Issue Size | Approx ₹1600.00 Crore |
| Fresh Issue | Approx ₹1600.00 Crore |
| Offer For Sale | Approx 2,48,83,358 Equity Shares |
| NII Quota | Not More Than 15% |
| QIB Quota | Not More Than 75% |
| Retail Quota | Not More Than 10% |
| Prospectus | Click Here |
Profit and Loss
As of now, there are no quarter results available but 6 years of annual profit and loss data. As per the annual profit and loss, the company is making good profits and from the last 4 years, the revenue and net profits are continuously rising.
The company reported a net profit of Rs. 98 Crore in March 2019, Rs. 72 Crore in March 2020, Rs. 6 Crore in March 2021, Rs. 29 Crore in March 2022, Rs. 131 Crore in March 2023, and Rs. 166 Crore in March 2024.
The company’s market cap is Rs. 15,017 Crore with a debt of Rs. 470 Crore and cash of Rs, 70.9 Crore. With the raised funds, the company will repay or prepay certain borrowings. Once the debt is reduced the profitability of the company will increase.
FAQs
As of 22 December, the Ventive Hospitality IPO GMP is trading at Rs. 35. As per the GMP, the IPO is likely to list in the NSE and BSE at Rs. 678 (5.44%). From the last few days, the IPO GMP has been changing rapidly so do not take any decision based on it.
It is a premier owner, developer, and asset manager of luxury and business hotels and resorts in India and the Maldives, and soon in Sri Lanka.
It is a profitable company and making consistent profits for the last 6 years, as only 6 years of annual profit and loss data is available. net profit of last 6 years are-
The company reported a net profit of Rs. 98 Crore in March 2019, Rs. 72 Crore in March 2020, Rs. 6 Crore in March 2021, Rs. 29 Crore in March 2022, Rs. 131 Crore in March 2023, and Rs. 166 Crore in March 2024.
The Bottom Line
Ventive Hospitality is a small-cap stock with low debt and zero promoter pledges. It is a premier owner, developer, and asset manager of luxury and business hotels and resorts in India and Maldives. It is a profitable company and its profits have improved over the past 4 years. The IPO is expected to list in the NSE and BSE at a higher premium as per the Ventive Hospitality IPO GMP Today.