Grand Continent Hotels IPO
March 20, 2025 - March 24, 2025
Listed At : 112.90 (-0.09 %)
*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
Grand Continent Hotels IPO Details
March 20, 2025
Open Date
March 24, 2025
Close Date
March 26, 2025
Allotment Date
March 27, 2025
Listing Date
Per Lot Price
135600
Price Range
100-113
Total Issue Size
74.46 Cr
Fresh Issue Size
70.74 Cr
Face Value
10
Listing at Group
NSE
Registrar
LINK INTIME PRIVATE LIMITED
Lead Manager
INDORIENT FINANCIAL SERVICES LIMITED
Offer For Sale
3.72 Cr
Subscription
1.79
About Company
Grand Continent Hotels is operate in the mid-scale hotel sector, consisting of the upper-mid priced, mid-priced and economy hotel segments.
Company along with the JV Partner Entities have 16 operational hotel properties and operates a total of 753 hotel keys as of September 30,2024 across states of Karnataka (Bengaluru), Tamil Nadu (Hosur), Goa (Anjuna), Andhra Pradesh (Tirupati) and Telangana (Secunderabad).
Grand Continent Hotels IPO GMP Live
26-03-2025: Grand Continent Hotels IPO GMP Today is currently rupees 1. That means the current market trend for this IPO is showing steady 0.88%.
25-03-2025: Grand Continent Hotels IPO GMP Today is currently rupees 1. That means the current market trend for this IPO is showing up 0.88%. This is subject to change at times. Keep watch on the Grand Continent Hotels IPO GMP.
Promoter Details
Mr. Ramesh Siva and Mrs.Vidya Ramesh are the Promoters of the company.
Market Lot Details
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,35,600 |
| Retail (Max) | 1 | 1200 | ₹1,35,600 |
| HNI | 2 | 2400 | ₹2,71,200 |
Quota Details
| Category | Percentage (%) |
|---|---|
| QIB | 50% |
| HNI | 35% |
| Retail | 15% |
Important Dates Timetable
| Open Date | March 20, 2025 |
| Close Date | March 24, 2025 |
| Allotment Date | March 26, 2025 |
| Initiation of Refunds | March 26, 2025 |
| Credit of Shares to Demat | March 26, 2025 |
| Listing Date | March 27, 2025 |
Objects Of The Issue
1) Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the Company.
2) Expansion of the Hotel properties in India.
3) General Corporate Purpose.
Company 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: [email protected]
Website: https://grandcontinenthotels.com/
Registrar Details
LINK INTIME PRIVATE LIMITED
C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg Vikhroli (West), Mumbai – 400083,
Maharashtra, India.
Tel No.: +91 810 811 4949
Fax No. +91 22 4918 6060
E-mail: [email protected]
Investor Grievance Email: [email protected]
Website: www.linkintime.co.in
Contact Person: Ms. Shanti Gopalkrishnan
SEBI Registration No: INR000004058
CIN: U67190MH1999PTC118368
Manager Details
INDORIENT FINANCIAL SERVICES LIMITED
B/805, Rustomjee Central Park, Andheri Kurla Road, Chakala, Mumbai – 400093, Maharashtra,
India.
Tel No: +91-79772 12186
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.indorient.in
Contact Person: Mr. Ivor Anil Misquith
SEBI Registration No: INM000012661
CIN: U67190DL1993PLC052085