The much-anticipated Ventive Hospitality IPO is making waves in the market, capturing the attention of seasoned investors and newcomers alike. With a price band set at ₹610 to ₹643 per equity share, this IPO is poised to offer significant opportunities for those looking to invest in a company specializing in luxury hospitality assets. From key subscription dates to the breakdown of share allocation, we dive deep into everything you need to know about the Ventive Hospitality IPO.
What Is the Ventive Hospitality IPO?
The Ventive Hospitality IPO marks a pivotal step in the company's journey, inviting public participation in its growing portfolio of luxury hospitality assets. This public offering is designed to fund the company's expansion plans and strengthen its financial foundation.
Ventive Hospitality IPO Price Band: What Does It Mean?
The price band for the IPO is set between ₹610 and ₹643 per equity share, with a face value of Re 1. This means the floor price is 610 times and the cap price is 643 times the face value.
- Lower Price Band: ₹610
- Upper Price Band: ₹643
- Price-to-Earnings Ratio:
- At ₹643: 40.39 times
- At ₹610: 38.32 times
This range reflects the company's valuation and potential in the market.
Ventive Hospitality IPO Key Subscription Dates
- Opening Date: Friday, December 20, 2024
- Closing Date: Tuesday, December 24, 2024
- Anchor Investor Allocation: Thursday, December 19, 2024
Mark these dates in your calendar to ensure you don’t miss the opportunity to subscribe.
Ventive Hospitality IPO Lot Size
Investors can subscribe in lots of 23 equity shares and multiples thereof. The pricing and lot size make this IPO accessible to a diverse range of investors.
Who Can Invest? Share Allocation Details
The IPO has reserved shares for different categories of investors:
- Qualified Institutional Buyers (QIBs): 75% of the shares
- Non-Institutional Investors (NIIs): 15%
- Retail Investors: 10%
- Employee Reservation: Shares worth up to ₹10 million
This allocation ensures broad market participation.
Tentative Timeline for Allotment and Listing
- Basis of Allotment Finalization: Thursday, December 26, 2024
- Refund Initiation: Friday, December 27, 2024
- Credit of Shares to Demat Accounts: Friday, December 27, 2024
- Listing Date: Monday, December 30, 2024
The company's shares will be listed on BSE and NSE, enhancing liquidity for investors.
Ventive Hospitality IPO: Price Band Set at ₹610-643 Per Share; Check Key Dates, Issue Details, More
This IPO’s pricing reflects the company's strong financials and growth trajectory. The upper price band implies confidence in its operational efficiency, while the lower price band offers an attractive entry point for cautious investors.
Understanding the Business Model
Ventive Hospitality specializes in owning and operating luxury hospitality assets, catering to both business and leisure markets. These properties are managed or franchised under renowned global brands such as:
- Marriott
- Hilton
- Minor
- Atmosphere
Revenue Streams: A Deep Dive
For the six months ending September 30, 2024, the company's revenue from hotel operations accounted for 68.47% of its total income. Here’s a breakdown of revenue contributions:
- FY24: 72.04%
- FY23: 72.71%
- FY22: 68.53%
The consistent contribution from hotel operations showcases the stability and reliability of the company’s business model.
Why Should You Invest in Ventive Hospitality IPO?
Investors looking for exposure to the luxury hospitality sector may find Ventive Hospitality a compelling opportunity. The company’s partnerships with global brands and its focus on high-margin markets are key growth drivers.
Risks to Consider Before Investing
While the IPO offers exciting prospects, potential investors should be aware of risks such as:
- Market volatility
- Dependence on global tourism trends
- Competitive pressures from other hospitality operators
FAQs
1. What is the price band for the Ventive Hospitality IPO?
The price band is set between ₹610 and ₹643 per equity share.
2. When does the Ventive Hospitality IPO open for subscription?
The IPO opens on Friday, December 20, 2024, and closes on Tuesday, December 24, 2024.
3. What is the lot size for the IPO?
The lot size is 23 equity shares and multiples thereof.
4. Where will the shares be listed?
The shares will be listed on both BSE and NSE.
5. What is the company’s main revenue source?
The company primarily derives revenue from hotel operations, accounting for over 68% of its income.
6. Is Ventive Hospitality profitable?
The company’s consistent revenue contributions and strategic partnerships suggest a stable and promising financial outlook.
Conclusion
The Ventive Hospitality IPO offers a unique opportunity to invest in a company poised for growth in the luxury hospitality sector. With a carefully set price band, diverse investor participation, and strong brand associations, this IPO could be a cornerstone for portfolio diversification. Don't miss out—mark your calendar and prepare to invest!
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