Minimum Investment
| Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
| ₹1,35,600 | 1 | 1200 |
About Grand Continent Hotels Limited IPO
Grand Continent Hotels Limited, established in 2011, is a prominent hotel chain in India catering to the mid-market segment. With 19 properties across six major cities—Karnataka (Bengaluru/Mysuru), Tamil Nadu (Hosur), Goa (Anjuna/Morjim), Andhra Pradesh (Tirupati), and Telangana (Secunderabad)—the company offers over 900 well-furnished rooms as of September 30, 2024. Strategically located in prime urban areas, each hotel is designed to serve both business and leisure travelers with modern amenities, including comfortable bedding, air conditioning, workspaces, on-site dining with diverse cuisines, conference facilities, 24/7 customer support, complimentary Wi-Fi, and easy access to transport hubs and commercial districts. The company, alongside its JV partners, operates 16 hotels with 753 keys, employing 538 staff across various departments to ensure consistent service excellence.
Grand Continent Hotels stands out in the competitive mid-priced hospitality sector by delivering premium offerings and exceptional value for money, tailored to the needs of India’s middle-class guests and business travelers. With a focus on straightforward service, user-friendly infrastructure, and sustained quality, the company continuously benchmarks and refines its services to meet evolving guest expectations. Backed by a professional management team with a proven track record in active asset management, Grand Continent Hotels is well-positioned to capitalize on strong industry growth, leveraging its strategically located properties and commitment to customer satisfaction to maintain its edge in the market.
Grand Continent Hotels Limited IPO Details
| IPO Date | March 20, 2025 to March 24, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹107 to ₹113 per share |
| Lot Size | 1,200 Shares |
| Total Issue Size | 65,89,200 shares (aggregating up to ₹74.46 Cr) |
| Fresh Issue | 62,60,400 shares (aggregating up to ₹70.74 Cr) |
| Offer for Sale | 3,28,800 shares of ₹10 (aggregating up to ₹3.72 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,86,59,003 shares |
| Share Holding Post Issue | 2,49,19,403 shares |
| Market Maker Portion | 3,30,000 shares |
| IPO Open Date | Thu, Mar 20, 2025 |
| IPO Close Date | Mon, Mar 24, 2025 |
| Tentative Allotment | Tue, Mar 25, 2025 |
| Initiation of Refunds | Wed, Mar 26, 2025 |
| Credit of Shares to Demat | Wed, Mar 26, 2025 |
| Tentative Listing Date | Thu, Mar 27, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 24, 2025 |
Grand Continent Hotels Limited IPO Prospectus
Grand Continent Hotels Limited Financial Snapshot (in Crore)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 97.94 | 73.91 | 42.26 | 34.37 |
| Revenue | 31.86 | 31.53 | 17.05 | 6.03 |
| Profit After Tax | 6.81 | 4.12 | 1.05 | -0.79 |
| Net Worth | 40.18 | 29.99 | 0.59 | -1.63 |
| Reserves and Surplus | 22.36 | 26 | -0.42 | -2.64 |
| Total Borrowing | 40.22 | 34.96 | 37.07 | 34.72 |
Grand Continent Hotels Limited Promoters Holding
Mr. Ramesh Siva and Mrs.Vidya Ramesh
Grand Continent Hotels Limited IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: grandcontinent.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Grand Continent Hotels Limited IPO Lead Manager(s)
Indorient Financial Services Ltd
Grand Continent Hotels Limited 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: cs@grandcontinenthotels.com
Website: https://grandcontinenthotels.com/