Ventive Hospitality IPO Description – Ventive Hospitality is a hospitality asset owner specializing in luxury properties across business and leisure segments. Its assets are managed by or franchised through renowned global operators, including Marriott, Hilton, Minor, and Atmosphere. The company’s luxury portfolio includes JW Marriott, Pune; The Ritz-Carlton, Pune; Conrad, Maldives; Anantara, Maldives; and Raaya by Atmosphere, Maldives.
As of 30 September 2024, Ventive Hospitality’s portfolio includes 11 operational hospitality assets in India and the Maldives, comprising 2,036 keys across the luxury, upper upscale, and upscale segments. The operating portfolio consists of seven assets with 1,331 keys developed by the company and four with 705 keys acquired by it. Since 2019, the company has expanded its portfolio by adding 1,070 keys, accounting for over 50% of the total keys in the portfolio as of 30 September 2024.
Promoters of Ventive Hospitality– 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.
Table of Contents
Ventive Hospitality IPO Details
Ventive Hospitality IPO Dates | 20 – 24 December 2024 |
Ventive Hospitality Issue Price | INR 610 – 643 per share (Employee Discount – INR 30 per share) |
Fresh issue | INR 1,600 crore |
Offer For Sale | NIL |
Total IPO size | INR 1,600 crore |
Minimum bid (lot size) | 23 shares (INR 14,789) |
Face Value | INR 1 per share |
Retail Allocation | 10% |
Listing On | NSE, BSE |
Ventive Hospitality Financial Performance
 | FY 2022 | FY 2023 | FY 2024 | H1 FY 2025 |
Revenue | 1,162.57 | 1,699.37 | 1,907.4 | 846.44 |
Expenses | 1,336.89 | 1,674.02 | 1,820.16 | 907.90 |
Net income | (146.20) | 15.68 | (66.75) | (137.83) |
Margin (%) | (12.58) | 0.92 | (3.50) | (16.28) |
All figures mentioned are based on proforma financial information
Ventive Hospitality Offer News
- Ventive Hospitality RHP
- Ventive Hospitality DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Ventive Hospitality Valuations & Margins
FY 2022 | FY 2023 | FY 2024 (Pre Issue) | FY 2025 (Post-Issue)* | |
EPS | (7.01) | 0.75 | (3.20) | (11.80) |
PE Ratio | – | – | – | – |
FY 2022 | FY 2023 | FY 2024 | |
RONW (%)** | (4.25) | 0.43 | (1.82) |
NAV** | 164.94 | 175.28 | 175.69 |
ROCE (%) | 11.0 | 31.0 | 31.0 |
EBITDA (%)** | 41.12 | 43.76 | 45.60 |
Debt/Equity | 1.95 | 2.53 | 1.23 |
** Figures are based on proforma financial information
Ventive Hospitality IPO GMP Today (Daily Trend)
Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
28 December 2024 | 70 | – | 1,300 |
27 December 2024 | 65 | – | 1,200 |
26 December 2024 | 65 | – | 1,200 |
25 December 2024 | 65 | – | 1,200 |
24 December 2024 | 45 | – | 800 |
23 December 2024 | 45 | – | 800 |
21 December 2024 | 50 | – | 800 |
20 December 2024 | 55 | – | 1,000 |
Ventive Hospitality IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/prepayment, in part or full, of certain borrowings availed by it: (A) The company including payment of interest accrued thereon. (B) Step-down subsidiaries namely SS & L Beach and Maldives Property Holdings, including the payment of interest thereon through investment in such step-down Subsidiaries
- General corporate purposes
Ventive Hospitality – Comparison With Listed Peers
Company | PE ratio | EPS | RONW (%) | NAV | Revenue (INR Cr.) |
Ventive Hospitality | – | (11.80) | (1.82) | 175.69 | 1,842.07 |
Chalet Hotels | 66.04 | 13.53 | 15.03 | 90.08 | 1,417.25 |
Samhi Hotels | – | (14.67) | NA | 47.63 | 957.39 |
Juniper Hotels | 244.86 | 1.46 | 0.90 | 119.34 | 817.66 |
Ventive Hospitality IPO Subscription – Live Updates
Category | QIB | NII | Retail | Emp | Total |
---|---|---|---|---|---|
Shares Offered | 78,63,934 | 39,31,967 | 26,21,311 | 17,241 | 1,44,34,453 |
24 Dec 2024 | 9.08 | 13.85 | 5.87 | 9.49 | 9.80 |
23 Dec 2024 | 1.22 | 1.07 | 1.76 | 4.91 | 1.28 |
20 Dec 2024 | 1.05 | 0.10 | 0.61 | 1.82 | 0.71 |
Shares allotted to anchor investors are not included in these calculations. Similarly, shares allotted to market makers, if any, are not part of these calculations.
Ventive Hospitality IPO Allotment Status
Ventive Hospitality IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Ventive Hospitality IPO Dates & Listing Performance
IPO Opening Date | 20 December 2024 |
IPO Closing Date | 24 December 2024 |
Finalization of Basis of Allotment | 26 December 2024 |
Initiation of refunds | 27 December 2024 |
Transfer of shares to demat accounts | 27 December 2024 |
Ventive Hospitality IPO Listing Date | 30 December 2024 |
Opening Price on NSE | INR 716 per share (up 11.35%) |
Closing Price on NSE | INR 704.35 per share (up 9.54%) |
Ventive Hospitality IPO Reviews – Subscribe or Avoid?
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Capital Market – Neutral
Canara Bank Securities – Neutral
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ICICIdirect –
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SBI Securities – Not rated
SMC Global –
SMIFS –
Swastika Investmart – Avoid
Ventura Securities – Subscribe
Ventive Hospitality Offer Lead Manager
KOTAK MAHINDRA CAPITAL COMPANY LIMITED
27 BKC, 1st Floor, Plot no. C-27,
‘G’ Block, Bandra Kurla Complex,
Bandra (East), Mumbai 400 051
Phone: +91 22 4336 0000
Email:Â [email protected]
Website: www.investmentbank.kotak.com
Ventive Hospitality Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â +91 40 6716 2222
E-mail:Â [email protected]
Website:Â www.kfintech.com
Ventive Hospitality Contact Details
VENTIVE HOSPITALITY LIMITED
5th Floor, Tower D, Tech Park One,
Yerwada, Pune, Maharashtra, 411 006, India
Phone:Â +91 20 6906 1900
Email: [email protected]
Website: www.ventivehospitality.com
Ventive Hospitality IPO FAQs
How many shares in Ventive Hospitality IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply for a Ventive Hospitality Public Offer?
The best way to apply for Ventive Hospitality public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Ventive Hospitality IPO GMP today?
Ventive Hospitality IPO GMP today is INR 70 per share.
What is Ventive Hospitality kostak rate today?
Ventive Hospitality kostak rate today is INR NA per application.
What is Ventive Hospitality Subject to Sauda rate today?
Ventive Hospitality Subject to Sauda rate today is INR 1,300 per application.