IPO - Check IPO Date, Price, Lot Size

Ventive Hospitality Ltd IPO

We are predominantly a hospitality asset owner primarily focused on luxury offerings across business and leisure segments in India and the Maldives. Until August 2024, our portfolio consisted of an integrated hospitality-led development comprising JW Marriott, Pune, ICC Offices, Pune and ICC Pavilion, Pune. In August 2024, pursuant to the Acquisition Transactions, we acquired 10 operational hospitality assets (seven in India and three in Maldives) and two hospitality assets under development (one each in India and Sri Lanka). Pursuant to such Acquisition Transactions, we also acquired two Grade A office assets.

Ventive Hospitality Ltd IPO Details

Total Shares Offered

₹ 2,48,83,778

Offer to Public

TBA

Retail Max (Shares)

₹ 24,86,781

Pre Issue Promoters Holding

₹ 20,78,11,070

Exchange

BSE

Issue size

₹ 1600 Cr

IPO Open Date

Dec 20, 2024

Close Date

Dec 24, 2024

Lot Size

Min Investment

₹ 14,030

Issue Type

Book Building

Listing Date

Dec 30, 2024

Ventive Hospitality Ltd IPO Dates

Dec 20, 2024

Opening date

Dec 24, 2024

Closing date

Dec 26, 2024

Basis of Allotment

Dec 27, 2024

Initiation of Refunds

Dec 27, 2024

Credit of Shares

Dec 30, 2024

Listing date

Details

Sector	Type
Sector	Hotels
Sub Sector	NA
Issue Type	Book Building

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	3.83x	18650855	71441565
NII	14.6x	3730171	54471935
Retail	6.19x	2486781	15385022
Employee	10.52x	15552	163668
Total	5.68x	24883778	141462190

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

3.83x

14.6x

6.19x

10.52x

5.68x

18650855

3730171

2486781

15552

24883778

71441565

54471935

15385022

163668

141462190

Ventive Hospitality Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	1,604.71	477.98	208.51
EBITDA	307.91	301.49	257.83
PAT	133.71	166.32	131.27
Total Assets	204.50	187.64	112.58
Share Capital	23.35	10.44	10.44
Total Borrowings	948.85	507.45	450.51
Operating Activities (Net Cash)	183.40	214.47	180.59
Investing Activities (Net Cash)	2,509.36	148.23	39.81
Financing Activities (Net Cash)	948.85	507.45	450.51
Net Cashflow	60.82	70.92	59.32

About Ventive Hospitality Ltd

Our Company was incorporated as `O4U Realty (India) Private Limited' as a private limited company under the Companies Act, 1956 at Mumbai, Maharashtra and a certificate of incorporation was granted by the Registrar of Companies, Maharashtra, Mumbai on February 12, 2002. The name of our Company was changed to `ICC Realty (India) Private Limited' as part of a re-branding exercise, and a fresh certificate of incorporation was issued by the Registrar of Companies, Maharashtra, Mumbai on February 27, 2003. Thereafter, the name of our Company was further changed to `Ventive Hospitality Private Limited' again pursuant to a re-branding exercise, and a fresh certificate of incorporation was issued by the Registrar of Companies, Central Processing Centre on July 8, 2024. Our Company was subsequently converted into a public limited company and the name of our Company was changed to `Ventive Hospitality Limited' and a fresh certificate of incorporation dated August 28, 2024 was issued by Registrar of Companies, Central Processing Centre.

The India travel and tourism sector contributed Rs. 19.1 trillion of GDP in 2023 and is expected to contribute over Rs. 43 trillion by 2034. Domestic travel visits grew at a 13.5% CAGR between 2001-2019. HAI estimates that foreign tourists in India will cross 30 million by 2037 (from 9.3 million in 2023). The Maldives received 1.9 million foreign tourists in 2023 from various international source markets (including long-haul markets). Pune currently ranks as the sixth largest office market in India in terms of completed stock.

Peer Comparison:

Chalet Hotels Ltd
Samhi Hotels Ltd
Juniper Hotels Ltd
Indian Hotels Co Ltd
EIH Ltd
Lemon Tree Hotels Ltd

Ventive Hospitality Ltd Key Points

Strengths

Premium hospitality assets complemented by Grade A annuity assets.

Established track record of development and acquisition-led growth in India and the Maldives.

Renowned Promoters with global and local expertise.

Professional and experienced management team.

Proven track record of active asset management.

Risk

The Company acquired the New Portfolio recently (in Fiscal 2025) from its Promoters and may undertake such acquisitions in the future. Further, the Pro Forma Financial Information prepared for this Red Herring Prospectus is presented for illustrative purposes only to illustrate the impact of such acquisition of New Portfolio as if the acquisition had taken place at the beginning of the applicable period/year and may not accurately reflect its future financial condition or results of operations.

The company relies on third parties for the quality of services at its hospitality assets and the company hospitality assets are operated by or franchised from third-party brands. Any adverse impact on the reputation of its hospitality assets, or the brands under which they operate, or a failures of quality control systems at its hospitality assets could adversely affect the company business, results of operations and financial condition.

The company does not have a consolidated operating history through which its overall performance may be evaluated and have incurred losses in the recent past. If the company does not successfully integrate and operate the properties that the company has acquired pursuant to the Acquisition Transactions, its may continue to incur losses and the company's business, financial condition, cash flows and results of operations may be adversely affected.

Strategy

Developing and expanding our asset base.

Drive organic growth from ramp-up of our existing assets.

Leverage on our award-winning F&B and amenities.

Optimize event spaces.

Selective acquisitions supported by cash flows and significant debt headroom.

How To Apply for Ventive Hospitality Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Ventive Hospitality Ltd IPO?

Ventive Hospitality Ltd's IPO offers shares for up to 1,600 It begins on Dec 20, 2024 and ends on Dec 24, 2024.

What is the price of the Ventive Hospitality Ltd IPO?

The price of Ventive Hospitality Ltd IPO ranges between ₹610 to ₹643 per share.

What are the open and close dates for the Ventive Hospitality Ltd IPO?

The Ventive Hospitality Ltd IPO opens on Dec 20, 2024 and closes on Dec 24, 2024.

When will the Ventive Hospitality Ltd IPO be allotted?

The allotment for the Ventive Hospitality Ltd IPO will be finalised on Dec 26, 2024. The shares will be listed on BSE and NSE on Dec 30, 2024.

What is the minimum lot size required for Ventive Hospitality Ltd IPO?

The minimum lot size for Ventive Hospitality Ltd IPO is 23 shares, priced between ₹610 to ₹643 per share.

What is the GMP of Ventive Hospitality Ltd IPO?

The GMP (Grey Market Premium) of Ventive Hospitality Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Ventive Hospitality Ltd IPO?

To check the allotment status of Ventive Hospitality Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Ventive Hospitality Ltd IPO getting listed?

The Ventive Hospitality Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Dec 20, 2024, and closes on Dec 24, 2024. The allotment is finalised on Dec 26, 2024.

How do you apply for the Ventive Hospitality Ltd IPO?

To apply for the Ventive Hospitality Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.