Grand Continent Hotels Limited IPO

Minimum Investment

Minimum Investment (Retail)Lots (min)Shares (QTY)
₹1,35,60011200

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 DateMarch 20, 2025 to March 24, 2025
Face Value₹10 per share
Issue Price Band₹107 to ₹113 per share
Lot Size1,200 Shares
Total Issue Size65,89,200 shares
(aggregating up to ₹74.46 Cr)
Fresh Issue62,60,400 shares
(aggregating up to ₹70.74 Cr)
Offer for Sale3,28,800 shares of ₹10
(aggregating up to ₹3.72 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share Holding Pre Issue1,86,59,003 shares
Share Holding Post Issue2,49,19,403 shares
Market Maker Portion3,30,000 shares
IPO Open DateThu, Mar 20, 2025
IPO Close DateMon, Mar 24, 2025
Tentative AllotmentTue, Mar 25, 2025
Initiation of RefundsWed, Mar 26, 2025
Credit of Shares to DematWed, Mar 26, 2025
Tentative Listing DateThu, Mar 27, 2025
Cut-off time for UPI mandate confirmation5 PM on March 24, 2025

Grand Continent Hotels Limited IPO Prospectus

Grand Continent Hotels Limited Financial Snapshot (in Crore)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets97.9473.9142.2634.37
Revenue31.8631.5317.056.03
Profit After Tax6.814.121.05-0.79
Net Worth40.1829.990.59-1.63
Reserves and Surplus22.3626-0.42-2.64
Total Borrowing40.2234.9637.0734.72

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
Websitehttps://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
Websitehttps://grandcontinenthotels.com/

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