Grand Continent Hotels SME IPO Details, Financials, Valuation & Peers
Explore Grand Continent Hotels IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Objects of the Issue
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company
- Expansion of our Hotel properties in India
- General corporate purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 20 Mar - 24 Mar 2025 |
| IPO Price Band | ₹107 - ₹113 per share |
| Fresh Issue | ₹70.74 crore |
| Offer For Sale | ₹3.72 crore |
| Total IPO Size | ₹74.46 crore |
| Face Value | ₹10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 20 Mar 2025 |
| IPO Closing Date | 24 Mar 2025 |
| Basis Of Allotment | 25 Mar 2025 |
| Refunds | 26 Mar 2025 |
| Demat Transfer | 26 Mar 2025 |
| IPO Listing Date | 27 Mar 2025 |
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Grand Continent Hotels Limited | 2.54 | 26.67 | 75.17 | ||
| Lemon Tree Hotels Limited | 67.79 | 1.88 | 12.28 | 19.52 | |
| Royal Orchids Hotels Limited | 21.99 | 17.68 | 25.09 | 75.88 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 2.93 |
| Non-Institutional Investor (NII/HNI) | 1.39 |
| Retail Individual Investor (RII) | 1.32 |
| Total | 1.79 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Company Promoters
- MR. RAMESH SIVA
- MRS. VIDYA RAMESH
Lead Managers
- INDORIENT FINANCIAL SERVICES LIMITED
Company Address
Grand Continent Hotels Limited
S No. 245/1A/1B, Venpursham Village, Veeralapakkam, Thiruporur, Chengalpattu, Mamallapuram, Kanchipuram, Tirukalikundram - 603110, Tamil Nadu, India.
Phone: 080 4165 6491
Email: cs@grandcontinenthotels.com
Website: https://grandcontinenthotels.com/
FAQs
- What is the issue size of the Grand Continent Hotels SME IPO?The Grand Continent Hotels SME IPO has an issue size of ₹74.46 crore. This includes a fresh issue of ₹70.74 crore and an offer for sale (OFS) of ₹3.72 crore.
- What is the price band of the Grand Continent Hotels IPO?The price band for the Grand Continent Hotels IPO is ₹107 - ₹113 per share.
- What are the bidding dates for the Grand Continent Hotels IPO?The Grand Continent Hotels IPO will open for bidding on 20 Mar 2025 and close on 24 Mar 2025.
- What is the allotment date for the Grand Continent Hotels IPO?The allotment date for the Grand Continent Hotels IPO is 25 Mar 2025.
- What is the minimum lot size and investment required for the Grand Continent Hotels IPO?The minimum lot size for the Grand Continent Hotels IPO is 1200 shares and the minimum investment required is ₹1,35,600.
- What is the listing date for the Grand Continent Hotels IPO?The listing date for the Grand Continent Hotels IPO is 27 Mar 2025.
- What is the Grand Continent Hotels IPO grey market premium?The grey market premium (GMP) for the Grand Continent Hotels IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.