₹ 14789 / 23 shares
IPO Details
RHP/DRHPIssue Date
20 Dec - 24 Dec'24
Investment/lot
₹ 14789
Price Range
610 - 643
Lot Size
23
IPO Size
₹ 1600 Cr
IPO Listing Details
Listing On
30 Dec'24
Issue Price
643
Listed Price
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Retail Gain/Listing Gain
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IPO Timeline
About Ventive Hospitality Limited IPO
Ventive Hospitality Limited is an IPO of ₹1600 crores. It consists of an offer for sale which is entirely a fresh issue of ₹2.49 crore shares. The IPO opening date is Dec 20, 2024 and the closing date is Dec 24, 2024. The shares will be allotted on Dec 26, 2024. They will be credited to the demat account on Dec 27, 2024. The refunds will be initiated on Dec 27, 2024.
Objective of Ventive Hospitality Limited IPO
Repayment/prepayment, in part or full, of certain of borrowings availed by the:
- Company including payment of interest accrued thereon; and
- 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
Ventive Hospitality IPO Valuation
| Particulars | Details |
|---|---|
Upper Price Band (₹) | ₹610-₹643 |
Existing Shares to be Sold | |
Fresh Issue | Up to 24883358 shares aggregating up to ₹1600 crores. |
Market Cap (₹) | ₹15016.70 crores |
EPS (₹) | 159.25 (FY24) |
Ventive Hospitality IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail (Min) | 1 | 23 | ₹14,789 |
Retail (Max) | 13 | 299 | ₹1,92,257 |
S-HNI (Min) | 14 | 322 | ₹2,07,046 |
S-HNI (Max) | 67 | 1,541 | ₹9,90,863 |
Ventive hospitality limited IPO Share offer and Subscription Details
| Investor Category | Shares Offered |
|---|---|
QIB Shares Offered | Not less than 75% of the Net Issue |
Retail Shares Offered | Not more than 10% of the Net Issue |
NII (HNI) Shares Offered | Not more than 15% of the Net Issue |
Industry Overview
India’s travel and tourism sector contributed ₹19.1 trillion to GDP in 2023 and is expected to grow significantly by 2034. The Maldives also witnessed robust tourism growth, attracting 1.9 million foreign tourists in 2023.
Ventive Hospitality IPO Review | IPO Issue Details | Must Watch Key Highlights
Kotak Securities
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Company Information
Ventive Hospitality Limited is a prominent hospitality asset owner, managing luxury offerings across India and Maldives. The company focuses on both leisure and business segments with an extensive portfolio of high-end hotels.
Ventive Hospitality IPO Strengths:
Diverse Portfolio:
Significant presence in both business and leisure segments across India and Maldives.
Strong Brand Partnerships:
Collaborations with global brands like Marriott and Hilton.
Financial Growth:
Consistent improvement in revenue and profitability
Ventive Hospitality IPO Risk Factors
Geographic Concentration: Heavy reliance on assets in Pune and Maldives. Brand Dependence: Partnerships with Marriott and Hilton account for over 78% of keys. Seasonality: Hospitality revenues are subject to cyclical and seasonal trends
All Financial Information about Ventive Hospitality
Comprehensive financial data, including revenue, profit/loss statements, EBITDA, and other critical metrics.
Particulars (in Rs. million)
Particulars (in Rs. million)
Comparison with peers
| Name of the company | Revenue from Operations | EPS (Basic) | P/E | RoNW | Net Worth | NAV per equity share | EV/EBITDA |
|---|---|---|---|---|---|---|---|
Our Company | 4,779.80 | 15.92 | 50.31% | 3,305 | 31.65 | (.) | |
Chalet Hotels Limited | 14172.52 | 13.54 | 66.04 | 15.03% | 18,508.68 | 90.08 | 36.93 |
Samhi Hotels Limited | 9573.93 | -14.67 | 244.86 | NA | 10,385.40 | 47.63 | 20.7 |
Juniper Hotels Limited | 8176.63 | 1.46 | 0.90% | 26,552.81 | 119.34 | 26.18 |
Anchor Investor Information
The anchor investor bidding will start on Dec 19, 2024.
IPO Registrar and Book Running Lead Managers
Book running Lead managers:
JM Financial Limited
Axis Capital Limited
HSBC Securities and Capital Markets (India) Private Limited
ICICI Securities Limited
IIFL Capital Services Limited
Kotak Mahindra Capital Company Limited
SBI Capital Markets Limited
Registrar for the IPO is Kfin Technologies Limited
Ventive Hospitality Limited Business Model
Hotel Operations: Revenue from room bookings, food, and beverages
Rental Income: Leasing Grade A office and retail spaces
Property Development: Creating integrated hospitality-led developments
Company Growth Trajectory
Revenue Growth: From ₹229.17 crores in FY24 to ₹477.98 crores in 2024. PAT: Increased from ₹29.43 crores in FY24 to a profit of ₹1663.17 crores for the same period
Company Market Position
Ventive Hospitality Limited is a prominent hospitality asset owner, managing luxury offerings across India and Maldives. The company focuses on both leisure and business segments with an extensive portfolio of high-end hotels.
Company Profit & Loss
| Metric | FY22 (₹ Mn) | FY23 (₹ Mn) | FY24 (₹ Mn) |
|---|---|---|---|
Total Income | 2,375.05 | 4,417.54 | 4,947.08 |
Profit Before Tax | 360.26 | 1591.89 | 2051.88 |
Net Profit | 294.31 | 1,312.73 | 1,663.17 |
EBITDA | 1,245.97 | 2,500.92 | 3,005.59 |
Cash Flow Statement:
| Metric | FY22 (₹ Mn) | FY23 (₹ Mn) | FY24 (₹ Mn) |
|---|---|---|---|
Profit for the Year | 294.31 | 1,312.73 | 1,663.17 |
Net Cash from Operations | 1288.90 | 2152.22 | 2650.59 |
Net Cash from Investing | (408.09) | (108.00) | (1981.23) |
Net Cash from Financing | (570.50) | (2194.47) | (833.64) |
Cash & Cash Equivalents | 159.65 | 225.39 | 324.25 |
How To Check Allotment Status of VENTIVE HOSPITALITY LIMITED IPO?
You can check the allotment status of shares either on the website of the Bombay Stock Exchange (BSE) or on the website of the registrar — Link InTime India Pvt Ltd. To check the status on the BSE website:
- Visit the BSE website
- Click on “Investor Services” and choose “Application Status Check”
- Choose the issue type — Equity or Debt (Equity in this case)
- Select the Issue Name from the drop-down. The issue name is the company’s name, which is Ventive Hospitality Limited.
- Enter your application number or PAN number
- Check the box which says “I’m not a Robot” and click on “Search” to know the allotment status
Follow these steps to know the allotment status on the registrar’s website:
- Visit the Link Intime website
- Choose “Public Issues” from the “Investor Services” drop-down
- Select Ventive Hospitality Ltd from the drop-down
- Enter your PAN number or Application number
- Click on “Submit” to know the allotment status
Ventive Hospitality IPO FAQs
What is the minimum lot size required for Ventive Hospitality IPO?
The minimum lot size is 23 shares and the investment required is ₹14789.
What is the price band of the Ventive Hospitality IPO?
The price band of Ventive Hospitality IPO is ₹610 to ₹643.
Where can I read more about Ventive Hospitality business?
You can read more about Ventive Hospitality and its IPO from the company’s red herring prospectus (RHP) here.
What is the Ventive Hospitality Ltd IPO?
The Ventive Hospitality Limited IPO has an issue size of ₹1600 crores. The IPO opens for subscription on 20/12/2024 and closes on 23/12/2024.
Who is the Registrar for Ventive Hospitality Limited IPO?
Kfin Technologies Limited is the registrar for this IPO.
