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Ventive Hospitality Limited IPO
Issue Size (Net)
up to Rs.1,600.00 Cr
Price Band
Rs.610 to Rs.643 per share
Issue Opens
December 20, 2024
Issue Closes
December 24, 2024

Company Highlights

1.Company Information

Ventive Hospitality Limited operates within the hospitality and commercial real estate sectors, deriving revenue from leasing commercial office spaces, operating a retail mall, managing commercial hotels, and running windmills. The company focuses on providing high-quality offerings in prime locations, attracting a diverse clientele. For their commercial spaces, this includes IT companies, financial institutions, and multinational corporations. The retail mall features a range of tenants including fashion brands, restaurants, and entertainment venues. Their hotels cater to both business and leisure travellers seeking luxury experiences. Ventive Hospitality has a significant presence in India, specifically in Pune, Maharashtra, where its commercial office buildings, retail mall, and convention centre are situated. The company has also expanded internationally to the Maldives, targeting the luxury and upscale resort market. Ventive Hospitality pursues growth through strategic acquisitions of existing properties and the development of new projects in key markets. This approach, coupled with its strong client base and strategic partnerships, positions the company for continued growth and success in the hospitality and commercial real estate industries.

2. Strenghts

1) Diverse Portfolio with Premium Hospitality Assets and Stable Annuity Income: Ventive Hospitality stands out with its blend of high-end hotels managed by global brands like JW Marriott and Ritz-Carlton, alongside a solid foundation of Grade A commercial properties that generate consistent rental revenue. This balanced approach mitigates risk and offers investors exposure to both growth and stability.
2) Strategic Growth through Development and Acquisition Expertise: The company's proven track record in developing new properties and making astute acquisitions speaks volumes about its ability to capitalise on market opportunities. This proactive approach to expansion, both in India and the Maldives, demonstrates Ventive Hospitality's commitment to building a robust and geographically diverse portfolio.
3) Strong Promoter Backing with Extensive Industry Knowledge: Ventive Hospitality's promoters bring a wealth of experience and a solid reputation in the real estate and hospitality industries. Their combined expertise in local markets and global trends positions the company for informed decision-making and successful execution of its growth strategy.
4) Seasoned Management Team with Proven Operational Capabilities: The company's leadership comprises experienced professionals with a deep understanding of the industry. Their focus on operational excellence and financial performance ensures efficient management of the company's assets and a commitment to maximising returns for investors.
5) Value-Driven Asset Management for Enhanced Returns: Ventive Hospitality's proactive approach to asset management is evident in its efforts to improve guest experiences, optimise operational efficiency, and extract maximum value from its properties. This commitment to creating long-term value underscores the company's dedication to delivering strong returns for its stakeholders.

3. Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Fresh Issue towards the funding of the following objects:
1) Repayment/prepayment, in part or full, of certain of borrowings availed by the company:
2) For payment of interest accrued thereon; and
3) Step-down Subsidiaries, namely SS & L Beach Private Limited and Maldives Property Holdings Private Limited, including the payment of interest thereon through investment in such step-down Subsidiaries;
4) General corporate purposes.

4.Ventive Hospitality Limited Registrar
Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: ventive.ipo@sbicaps.com

Website:  https://kosmic.kfintech.com/ipostatus/

Ventive Hospitality Limited Details

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Total Borrowing
30-Sep-24
875.90
-137.83
31-Mar-24
8,794.10
1,907.38
-66.75
3,665.83
3,682.13
31-Mar-23
8,606.17
1,762.19
15.68
3,657.15
3,599.66
31-Mar-22
8,010.41
1,197.61
-146.2
3,441.39
3,291.07
Amount in Rs.Crore

Ventive Hospitality Limited IPO Details

Issue Opening Date
December 20, 2024
Issue Closing Date
December 24, 2024
Face Value
Rs.1 per share
Price
Rs.610 to Rs.643 per share
Lot Size
23 Shares
Issue Size
2,48,83,358 shares (aggregating up to Rs.1,600.00 Cr)
Fresh Issue
2,48,83,358 shares (aggregating up to Rs.1,600.00 Cr)
Employee Discount
30
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE

Ventive Hospitality Limited Timeline

Event
Tentative Date
Opening Date
Friday, December 20, 2024
Closing Date
Tuesday, December 24, 2024
Basis of Allotment
Thursday, December 26, 2024
Initiation of Refunds
Friday, December 27, 2024
Credit of Shares to Demat
Friday, December 27, 2024
Listing Date
Monday, December 30, 2024
Cut-off time for UPI mandate confirmation
5 PM on December 24, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
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