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Grand Continent Hotels IPO is a Book Building IPO listing on NSE EMERGE exchange. The company is based in Chennai and caters to Hotels And Resorts sector. Indorient Financial Services is the merchant banker of Grand Continent Hotels IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 21st November 2024.
Grand Continent Hotels IPO open date is 20th March 2025 and close date is 24th March 2025. IPO Allotment Date is 25th March 2025 and Listing date is 27th March 2025.
IPO
Size:
₹ 74.46 Cr.
Avg IPO Size (Sector Based)
: ₹
17.24 cr.
Sector: Hotels And Resorts
SME IPO so far:
11
Merchant Banker:
Indorient Financial
SME IPO by BRLM so far:
10
City:
Chennai
SME IPO so far:
30
Revenue (annualised):
₹
63.72
cr. 
PE
Ratio:
20.67x
Average Sector PE Ratio: 20.69x
Grand Continent Hotels IPO size is ₹ 74.46 Cr. with IPO price of ₹ 113.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Indorient Financial Services Limited is the book-running lead manager of the Grand Continent Hotels IPO. Link Intime India Private Limited is the Registrar and Market Maker is Alacrity Securities Limited for Grand Continent Hotels IPO.
Grand Continent Hotels IPO anchor investors are the below investors. The number of anchor investors in this IPO is 7.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| Negen Undiscovered Value | 442,800.00 | ₹ 113.00 | ₹ 50,036,400.00 |
| Niveshaay Hedgehogs Fund | 442,800.00 | ₹ 113.00 | ₹ 50,036,400.00 |
| India Max Investment | 442,800.00 | ₹ 113.00 | ₹ 50,036,400.00 |
| YR Investment Opportunities | 88,800.00 | ₹ 113.00 | ₹ 10,034,400.00 |
| Saint Capital Fund | 177,600.00 | ₹ 113.00 | ₹ 20,068,800.00 |
| Vikasa India EIF | 177,600.00 | ₹ 113.00 | ₹ 20,068,800.00 |
| M7 Global Fund | 100,800.00 | ₹ 113.00 | ₹ 11,390,400.00 |
Grand Continent Hotels IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
IPO
Size:
₹ 74.46 Cr.
Avg IPO Size (Sector Based)
:
₹ 17.24 Cr.
Sector: Hotels And Resorts
SME IPO so far:
11
Merchant Banker:
Indorient Financial
SME IPO by BRLM so far:
10
City:
Chennai
SME IPO so far:
30
Revenue (annualised):
₹ 63.72 cr.
PE
Ratio:
20.67x
Average Sector PE Ratio: 20.69x
Grand Continent Hotels IPO, based in Chennai, operates in the Hotels And Resorts sector with a focus on hospitality segment. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Grand Continent Hotels IPO size is ₹ 74.46 Cr. Crores with fresh issue size of ₹ 74.46 Cr. Crores and Offer for sale being 74.46..
The IPO allotment date for Grand Continent Hotels IPO is expected to be 25th March 2025, after the finalization of basis of allotment. Investors can check Grand Continent Hotels IPO allotment status on the registrars website, Link Intime India Private Limited. Grand Continent Hotels IPO refund dates are 26th March 2025.
Grand Continent Hotels IPO is expected to be listed on 27th March 2025.
The upper price band for the Grand Continent Hotels IPO is set at ₹ 113.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Grand Continent Hotels IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Grand Continent Hotels IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 24th March 2025. After submission, funds are blocked until the basis of allotment of Grand Continent Hotels IPO is finalised.
The merchant banker for Grand Continent Hotels IPO is Indorient Financial Services Limited . Indorient Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Grand Continent Hotels IPO RHP for further details.
The registrar for Grand Continent Hotels IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Grand Continent Hotels IPO through their official website or helpline.
Grand Continent Hotels IPO was subscribed 1.79 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Grand Continent Hotels IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Grand Continent Hotels Financial Review Page
Merchant Banker(s) of Grand Continent Hotels IPO: Indorient Financial Services Limited
Grand Continent Hotels IPO subscription was 1.79 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Grand Continent Hotels IPO listed at a listing price of 112.90 against the offer price of 113.00.
The current market price of Grand Continent Hotels is 147.10.
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