Grand Continent Hotels IPO

0.34x

subscribed

Grand Continent Hotels IPO

Hotel
open
₹1.28LMin. investment
  1. Pre-apply
    18 Mar
  2. Bid start
    20 Mar
  3. Bid end
    24 Mar
  4. Allotment
    25 Mar
  5. Release of funds
    26 Mar
  6. Demat transfer
    26 Mar
  7. Listing
    27 Mar

About Grand Continent Hotels Limited

SectorHotel
Price range₹107 – ₹113
IPO type
SME
Lot size1200 shares
Issue size₹74Cr
Red Herring Prospectus
Read
Market Cap
₹281.59CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹31.23CrLower than sector avg
Growth rate3Y CAGR
73.06%Higher than sector avg

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹31.23Cr
This sector
₹252.27Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
73.06%
This sector
0.01%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹4.11Cr
This sector
₹28.93Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹281.59Cr
This sector
₹3,252.07Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
44.48
This sector
38.87
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.88
This sector
1.14
Compare with companies

Objectives

Repayment or prepayment of borrowings
48.17%
Expansion of hotel properties
23.73%
General corporate purposes
Not assigned

About Grand Continent Hotels IPO

M/s Grand Continent Hotels, founded in 2011 in Bengaluru, operates in the mid-scale hotel sector, focusing on Indian middle-class and business travelers. Its portfolio includes 16 hotels with 753 keys across Karnataka, Tamil Nadu, Goa, Andhra Pradesh, and Telangana. The company offers economy to upper mid-price segments with varying amenities. Bengaluru hosts 10 properties, representing 71% of its operations. The company follows an asset-light model and partners with franchises to enhance marketing. It aims to improve performance, occupancy, and operational efficiency while exploring future growth opportunities.

IPO Subscription Status

Date
QIB
NII
Retail
Total
20-Mar-25
0.71 times (X)
0.0 times (X)
0.18 times (X)
0.29 times (X)
21-Mar-25 (Today)
0.71X
0.0X
0.27X
0.34X

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Grand Continent Hotels IPO ?

The issue size of the Grand Continent Hotels IPO is 74 Cr.

What is 'pre-apply' for Grand Continent Hotels IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Grand Continent Hotels IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Bidding closes on 24 Mar 2025, 5:00 PM