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  1. Ventive Hospitality IPO allotment today: Steps to check status online on Kfin Technologies, NSE, BSE

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Ventive Hospitality IPO allotment today: Steps to check status online on Kfin Technologies, NSE, BSE

Upstox

3 min read | Updated on December 26, 2024, 08:42 IST

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SUMMARY

Investors eager to know Ventive Hospitality IPO allotment status can visit the websites of the NSE, the BSE, and Kfin Technologies.

Ventive Hospitality shares will make their secondary market debut on Monday, December 30.

Ventive Hospitality shares will make their secondary market debut on Monday, December 30.

Ventive Hospitality IPO allotment status will likely be finalised on Thursday, December 26. According to NSE data, the company's initial public offer was subscribed 9.82 times as investors bid for 14.17 crore shares against 1.44 crore shares on offer.

The non-institutional investors (NIIs) subscribed the most, booking their portion 13.87 times. The category for qualified institutional buyers (QIBs) attracted 9.08 times the subscription. Retail investors part got 5.94 times the subscription.

The issue, which was entirely a fresh issuance of ₹1,600 crore, had set a price range of ₹610-₹643 per share.

The company proposes to use the net IPO proceeds to clear outstanding borrowings and corporate general purposes.

Investors eager to know Ventive Hospitality IPO allotment status can visit the websites of the NSE, the BSE, and Kfin Technologies.

How to check Ventive Hospitality IPO allotment status on Kfin Technologies

  • First, visit allotment finalisation page of Kfin Technologies - https://ris.kfintech.com/ipostatus/
  • Select 'Ventive Hospitality Ltd' from offer names
  • Enter any one: Demat account number, PAN, or application number
  • Clear the captcha verification
  • Click on the 'Submit' button

The allotment finalisation details can also be checked on the BSE portal.

Steps to check Ventive Hospitality IPO allotment status on NSE

  • Visit the official NSE IPO allotment portal HERE.
  • Log in
  • Select 'Ventive Hospitality Ltd'
  • Enter your PAN and application number
  • After that, press the 'Submit' button

Ventive Hospitality IPO listing date and time

Ventive Hospitality shares will make their secondary market debut on Monday, December 30. The shares will get listed on the NSE and the BSE at 10 am.

Ventive Hospitality (previously ICC Realty), a joint venture between Panchshil Realty and the US-based Blackstone Group, is a hospitality asset owner focused on luxury offerings in India and the Maldives.

The company's portfolio, as of September 2024, has 11 operational properties, consisting 2,036 keys across the luxury, upscale and upper upscale segments. Its assets are franchised by or operated by global operators, including Hilton, Marriott, Minor and Atmosphere.

ICICI Securities, JM Financial, IIFL Capital Services Ltd, Kotak Mahindra Capital Company, Axis Capital, HSBC Securities and Capital Markets (India) Pvt Ltd and SBI Capital Markets are the book-running lead managers for the issue.

Ventive Hospitality financials

ParticularsFY22FY23FY24Q1FY25
Revenue₹229.17 cr₹430.81 cr₹477.98 cr₹372.77 cr
Net Profit₹29.43 cr₹131.27 cr₹166.32 cr-₹20.76 cr
To learn more about IPO listings, schedules, and upcoming IPOs, visit our page.
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