Grand Continent Hotels IPO description – Grand Continent Hotels focuses on the mid-scale hospitality market, spanning upper-mid, mid-priced, and economy segments. Their mission is to serve India’s burgeoning middle-class and business travelers by offering unique, high-quality experiences. Striking a balance between exceptional service and affordability, the company emphasizes a value-for-money approach designed to exceed expectations.
As of 30 September 2024, the company, together with its joint venture partner entities, manages 16 operational hotel properties, offering a total of 753 keys. These properties are strategically located across Karnataka (Bengaluru), Tamil Nadu (Hosur), Goa (Anjuna), Andhra Pradesh (Tirupati), and Telangana (Secunderabad).
Grand Continent Hotels boasts a strong foothold in Bengaluru, operating 10 hotels with a total of 458 keys as of 30 September 2024. This strategic presence positions the company to effectively cater to both international and domestic travelers, leveraging the city’s thriving business ecosystem and its status as a key travel hub.
Promoters of Grand Continent Hotels – Mr. Ramesh Siva, and Mrs. Vidya Ramesh
Table of Contents
Grand Continent Hotels IPO Details
| Grand Continent Hotels IPO Dates | 20 – 24 March 2025 |
| Grand Continent Hotels Issue Price | INR 107 – 113 per share |
| Fresh issue | 62,60,400 shares (INR 66.99 – 70.74 crore) |
| Offer For Sale | 3,28,800 shares (INR 3.52 – 3.72 crore) |
| Total IPO size | 65,89,200 shares (INR 70.50 – 74.46 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 1,35,600) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Grand Continent Hotels Financial Performance
| FY 2022 | FY 2023 | FY 2024 | H1 FY 2025 | |
| Revenue | 6.03 | 16.80 | 31.24 | 31.84 |
| Expenses | 7.67 | 15.15 | 26.01 | 23.86 |
| Net income | (0.79) | 1.03 | 4.08 | 6.22 |
Grand Continent Hotels Offer News
- Grand Continent Hotels RHP
- Grand Continent Hotels Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Grand Continent Hotels Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | (0.53) | 0.70 | 2.54 |
| PE ratio | – | – | 42.13 – 44.49 |
| RONW (%) | 64.17 | (198.10) | 26.67 |
| NAV | (16.16) | 5.81 | 75.17 |
| EBITDA (%) | 39.56 | 37.22 | 31.58 |
| Debt/Equity | (21.02) | 62.35 | 0.88 |
Grand Continent Hotels IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Grand Continent Hotels IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of shares is not included in the above calculations.
Grand Continent Hotels IPO Allotment Status
Grand Continent Hotels IPO allotment status will be available on MUFG Intime’s website. Click on MUFG Intime IPO weblink to get allotment status.
Grand Continent Hotels IPO Dates & Listing Performance
| IPO Opening Date | 20 March 2025 |
| IPO Closing Date | 24 March 2025 |
| Finalization of Basis of Allotment | 25 March 2025 |
| Initiation of refunds | 26 March 2025 |
| Transfer of shares to demat accounts | 26 March 2025 |
| IPO Listing Date | 27 March 2025 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Grand Continent Hotels Offer Lead Manager
INDORIENT FINANCIAL SERVICES LIMITED
A/501, Rustomjee Central Park, Executive Spaces,
Andheri Kurla Road, Chakala, Mumbai – 400093, Maharashtra
Phone: +91 79772 12186
Email: compliance-ifsl@indorient.in
Website: www.indorient.in
Grand Continent Hotels Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone: +91 810 811 4949
Email: grandcontinent.ipo@linkintime.co.in
Website: www.linkintime.co.in
Grand Continent Hotels Contact Details
GRAND CONTINENT HOTELS LIMITED
Municipal No 3, 3rd Main Road, K R Garden,
Koramangala, Bengaluru – 560095, Karnataka
Phone: +91 80 4165 6491
E-mail: cs@grandcontinenthotels.com
Website: www.grandcontinenthotels.com
IPO FAQs
What is Grand Continent Hotels offer size?
Grand Continent Hotels offer size is INR 70.50 – 74.46 crores.
What is Grand Continent Hotels offer price band?
Grand Continent Hotels public offer price is INR 107 – 113 per share.
What is the lot size of Grand Continent Hotels IPO?
Grand Continent Hotels offer lot size is 1,200 shares.
What is Grand Continent Hotels IPO GMP today?
Grand Continent Hotels IPO GMP today is INR NA per share.
What is Grand Continent Hotels kostak rate today?
Grand Continent Hotels kostak rate today is INR NA per application.
What is Grand Continent Hotels IPO Subject to Sauda rate today?
Grand Continent Hotels Subject to Sauda rate today is INR NA per application.