Grand Continent Hotels IPO allotment date is set for 25 March 2025 with shares priced at ₹107 to ₹113 per share. 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 IPO Allotment Links
To ascertain their allocation status for the Grand Continent Hotels IPO, investors can easily navigate through steps provided on either the NSE platform or the website of IPO registrar MUFG Intime India Private Limited website.
MUFGIntime | ➤ MUFGIntime IPO Allotment Page |
NSE | ➤ NSE IPO Allotment Page |
Grand Continent Hotels IPO Allotment Status NSE
Here are steps to check Grand Continent Hotels IPO allotment status on NSE website.
Step 1: Visit NSE website
Step 2: ‘Select Symbol’ under the Issue Type
Step 3: Choose Grand Continent Hotels Ltd. from the drop-down menu
Step 4: Enter Application No or PAN
Step 5: Click on ‘Submit’ button
Grand Continent Hotels IPO Allotment Status MUFG Intime India Private Limited
Here are steps to check Grand Continent Hotels IPO allotment status on MUFG Intime India Private Limited website.
Step 1: Visit IPO registrar website – MUFG Intime India Private Limited
Step 2: Select ‘Grand Continent Hotels Ltd.’ from the Select Company dropdown menu
Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC
Step 4: Enter the details as per the option selected
Step 5: Hit the Submit button
Grand Continent Hotels IPO Allotment Status Demant Account
Here are steps to check Grand Continent Hotels IPO allotment status in the Demant Account.
Step 1: Call Your Broker or Login to Your Demat Account / Trading Account
Step 2: Check whether the stock is credited to your account or not
Step 3: If you got the allotment the credited shares will appear in the Demat account
Grand Continent Hotels IPO Details
📅 IPO Date: 20 March 2025
📅 Listing Date: 27 March 2025
💰 IPO Price: ₹107 – ₹113 per share
📦 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 (₹74.46 Crores)
🆕 Fresh Issue: 62,60,400 shares (₹70.74 Crores)
🏷️ Offer for Sale (OFS): 3,28,800 shares
Grand Continent Hotels IPO Dates
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 Subscription Status
Paradeep Parivahan IPO subscribed 1.79x. The public issue subscribed 1.32x in the retail category, 2.93x in QIB, and 1.39x in the NII category.
Retail | 1.32 |
Non-Institutional investors | 1.39 |
Qualified Institutional Buyers (QIB) | 2.93 |
Total | 1.79 |
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 Allotment Status FAQs
When is Grand Continent Hotels IPO Allotment Date?
Grand Continent Hotels IPO Allotment is to be available on 25 March 2025, Thursday.
What will be Grand Continent Hotels IPO Refund Date?
Grand Continent Hotels IPO refund date is 26 March 2025, Wednesday.
What will be Grand Continent Hotels IPO Listing Date?
Grand Continent Hotels IPO IPO Listing date is 27 March 2025, Thursday.
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.