Grand Continent Hotels IPO will open on 20 March 2025 and close on 24 March 2025, with the allotment finalized on 25 March 2025. The IPO is set to be listed on the NSE platforms on 27 March 2025. Grand Continent Hotels IPO is a Book Built Issue. The company to raise around ₹74.46 crores via IPO that comprises fresh issue of ₹70.74 crores and offer for sale up to 3,28,800 equity shares with face value of ₹10 each. The IPO price is set at ₹107 to ₹113 Per Share, with a minimum lot size of 1,200 shares, requiring a minimum investment of ₹1,35,600 for retail investors.
Grand Continent Hotels reported a revenue of ₹31.53 crores in March 2024, compared to ₹17.05 crores in 2023, and a profit of ₹4.12 crores in 2024, up from ₹1.05 crores in 2023.
Grand Continent Hotels IPO Details
| IPO Date | 20 March 2025 |
| Listing Date | 27 March 2025 |
| IPO Price | ₹107 to ₹113 Per Share |
| IPO Lot Size | 1,200 Shares |
| Face Value | ₹10 Per Equity Share |
| Issue Type | Book Built Issue |
| IPO Listing At | NSE SME |
| Issue Size | 65,89,200 shares |
| Issue Size (Amount) | Approx ₹74.46 Crores |
| Fresh Issue | 62,60,400 shares |
| Fresh Issue (Amount) | Approx ₹70.74 Crores |
| Offer for Sale | 3,28,800 shares |
| IPO Docs | 🔗DRHP 🔗RHP |
Grand Continent Hotels IPO Market Lot
The Grand Continent Hotels IPO has a minimum market lot of 1,200 shares, requiring an application amount of ₹1,35,600.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1,200 | ₹1,35,600 |
| Retail Maximum | 1 | 1,200 | ₹1,35,600 |
| S-HNI Minimum | 2 | 2,400 | ₹2,71,200 |
Grand Continent Hotels IPO Dates
The Grand Continent Hotels IPO will open on 20 March 2025 and close on 24 March 2025, with allotment finalization on 25 March 2025 and listing on 27 March 2025.
| IPO Open Date | 20 March 2025 |
| IPO Close Date | 24 March 2025 |
| Allotment finalization | 25 March 2025 |
| Refund initiation | 26 March 2025 |
| Share credit | 26 March 2025 |
| IPO Listing Date | 27 March 2025 |
Grand Continent Hotels IPO Allotment Status
Grand Continent Hotels IPO allotment status is expected to be finalized on 25 March 2025. The listing will be on the NSE platforms on 27 March 2025. They can check the allotment online on the MUFG Intime India Private Limited website.
Check the live allotment status of all upcoming and closed IPOs on the IPO allotment status Dashboard.
Grand Continent Hotels IPO Listing Date
Grand Continent Hotels IPO listing date is 27 March 2025. Listing will be on the NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.
Grand Continent Hotels IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Quota | Not more than 35% |
| QIB Quota | Not more than 50% |
| NII Quota | Not more than 15% |
About Grand Continent Hotels Company
Grand Continent Hotels operates in the mid-scale hospitality market, targeting upper-mid, mid-priced, and economy segments. The company aims to serve India’s growing middle class and business travelers by providing unique, high-quality experiences that balance affordability with exceptional service. Their value-for-money approach focuses on exceeding customer expectations. As of September 2024, Grand Continent Hotels, along with its joint ventures, manages 16 properties with a total of 753 keys.
These are located in key cities like Bengaluru, Hosur, Anjuna, Tirupati, and Secunderabad. Bengaluru stands as a major hub, with 10 hotels offering 458 keys, catering to both domestic and international travelers in this thriving business city.
Grand Continent Hotels IPO Financial Report
Grand Continent Hotels reported a revenue of ₹31.53 crores in March 2024, compared to ₹17.05 crores in 2023, and a profit of ₹4.12 crores in 2024, up from ₹1.05 crores in 2023.
| Period Ended | Sep 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|
| Assets | 97.94 | 73.91 | 42.26 | 34.37 |
| Revenue | 31.86 | 31.53 | 17.05 | 6.03 |
| Profit After Tax | 6.81 | 4.12 | 1.05 | -0.79 |
Key Performance Indicators for Grand Continent Hotels
As of March 31, 2024, Check Grand Continent Hotels IPO valuations detail like ROE, RoCE, RoNW, PAT Margin and NAV details.
| KPI | Values |
|---|---|
| ROE (%) | 0.25% |
| ROCE (%) | 0.17% |
| RoNW (%) | 26.67% |
| PAT Margin | 13.05% |
| NAV | ₹75.17 |
Grand Continent Hotels Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the Company.
- Expansion of the Hotel properties in India.
- General corporate purposes.
Promoters of Grand Continent Hotels IPO
The promoters of the Grand Continent Hotels Ltd. company are Mr. Ramesh Siva And Mrs. Vidya Ramesh Details Of The Offer To Public.
Grand Continent Hotels IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: grandcontinent.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Grand Continent Hotels Contact Details
Grand Continent Hotels Limited
S No. 245/1A/1B, Venpursham Village,
Veeralapakkam, Thiruporur, Chengalpattu,
Mamallapuram, Kanchipuram, Tirukalikundram-603110
Phone: 080 4165 6491
Email: cs@grandcontinenthotels.com
Website: https://grandcontinenthotels.com/
Grand Continent Hotels IPO Lead Manager
Indorient Financial Services Ltd
Grand Continent Hotels IPO FAQs
What is the allotment date of the Grand Continent Hotels IPO?
Grand Continent Hotels IPO allotment date is 25 March 2025, Tuesday.
What is Grand Continent Hotels IPO Lot Size?
The minimum bid is 1,200 Shares with ₹₹1,35,600 amount.
What is the Grand Continent Hotels IPO Listing Date?
Grand Continent Hotels IPO listing date is 27 March 2025. The IPO is to list on NSE.
Disclaimer: The facts contained herein are for general information only and are not a recommendation to invest in any IPO or any investment opportunity. We take all reasonable care to ensure facts are accurate, but the information is based on publicly available information, research, and credible sources. Investors are requested to verify facts themselves and seek advice from a financial advisor before making any investment decision.
