Ventive Hospitality IPO

Ventive Hospitality Ltd

₹14,030 /23 sharesMinimum Investment

Ventive Hospitality IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
20 Dec ‘24 - 24 Dec ‘24₹14,03023₹610 - ₹643
Issue SizeIPO Doc
1600.00Cr
RHP PDF

Subscription rate

As of 23 Dec'24, 06:00 PM
Qualified Institutional Buyers1.22x
Non-Institutional Investor1.07x
Retail Individual Investor1.76x
Employees4.91x
Total1.28x

About Ventive Hospitality

Ventive Hospitality is a hospitality asset owner, specifically in luxury properties across both business and leisure segments. The company’s assets are managed or franchised by renowned global operators such as Marriott, Hilton, Minor, and Atmosphere. Ventive Hospitality’s portfolio includes 17 properties located in India and the Maldives, across the luxury, upper-upscale, and upscale categories.;
Founded in
2002
Managing director
Mr. Atul Chordia
Parent organisation
Ventive Hospitality Ltd

Strengths & Financials of Ventive Hospitality

Strengths
Risks
The company’s hospitality assets feature leading food and beverage outlets. Some notable ones are Alto Vino (Italian) and Tao Fu (Chinese) at JW Marriott, Pune, and Ukiyo (Japanese) at The Ritz-Carlton, Pune.
Ventive Hospitality has experienced substantial growth, expanding from 83 keys in 2007 to 2,036 keys as of September 30, 2024.
As of September 30, 2024, Ventive Hospitality’s operating portfolio comprises seven hospitality assets with 1,331 keys developed by the company, its promoter, promoter group, and their affiliates. Additionally, the portfolio includes four acquired assets with 705 keys.
The company’s hospitality assets are strategically located in key business hubs like Pune and Bengaluru, popular tourist destinations such as the Maldives, and significant cultural and spiritual centres like Varanasi.
The company’s portfolio includes prominent luxury properties managed by globally recognised hospitality brands. Pre-acquisition assets include JW Marriott, Pune, while post-acquisition additions comprise JW Marriott, Pune; The Ritz-Carlton, Pune; Conrad Maldives; Anantara Maldives; and Raaya by Atmosphere, Maldives.
Ventive Hospitality has a dedicated asset management team that works closely with hotel operators. They oversee critical functions such as procurement, marketing strategies, and capital expenditure planning.
The company claims to prioritise strong Environmental, Social, and Governance (ESG) practices. Their management actively integrates ESG initiatives into business goals, monitors progress, and identifies areas for improvement.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 229.17 crore in FY22 to Rs 430.81 crore in FY23 to Rs 477.98 crore in FY24. PAT increased from Rs 29.43 crore in FY22 to Rs 131.27 crore in FY23 to Rs 166.32 crore in FY24.

Ventive Hospitality Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Ventive Hospitality IPO

Apply asPrice bandApply upto
Regular610 - 643₹2 Lakh
Employee580 - 613₹2 Lakh
High Networth Individual610 - 643₹2 - 5 Lakh
For Ventive Hospitality IPO, eligible investors can apply as Regular & Employee.
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.6.1
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ

ABOUT GROWW