Published 14:54 IST, December 25th 2024
Ventive Hospitality IPO: Check Price Band, Latest GMP, Minimum Investment, Lot Size
Ventive Hospitality Limited, a leading luxury hotel and resort developer, is set to launch its Rs 1,600-crore IPO. Check its GMP.
- Markets
- 2 min read
Incorporated in February 2002, Ventive Hospitality Limited operates in the hospitality sector with a focus on business and leisure markets. Known for developing and managing high-end luxury hotels and resorts, the company has established itself as a premium player in the industry.
Now, Ventive is making a bold move into the stock market with an Initial Public Offering (IPO) worth Rs 1,600 crores, offering investors an opportunity to be part of its success story.
Ventive Hospitality IPO Key Details
The Rs 1,600-crore IPO is entirely a fresh issue, comprising 2.49 crore equity shares. The price band for the IPO is set between Rs 610 and Rs 643 per share, with the bidding window open from December 20, 2024, to December 24, 2024.
Ventive Hospitality IPO GMP Today
The Grey Market Premium (GMP) for Ventive Hospitality’s IPO, as of December 25, 2024, is Rs 72, pushing the estimated listing price to Rs 715 per share. This implies a potential gain of 11.20% over the cap price of Rs 643.
Ventive Hospitality IPO Listing date
According to the market tracker, the allotment of shares will be finalized on December 26, 2024. Ventive Hospitality’s shares are set to list on BSE and NSE on December 30, 2024.
Ventive Hospitality IPO Lot Size
Retail investors can apply for a minimum of 23 shares (Rs 14,789). For sNII investors, the minimum is 14 lots (Rs 2,07,046), while bNII investors need to apply for 68 lots (Rs 10,05,652).
Ventive Hospitality IPO Running manager
Leading financial institutions including JM Financial Limited, Axis Capital Limited, HSBC Securities, and Kotak Mahindra Capital are the book-running lead managers for the IPO, with KFin Technologies Limited as the registrar.
Updated 14:54 IST, December 25th 2024