Ventive Hospitality Ltd.
Industry:
Hotel, Resort & Restaurants
Issue Details
Open Date
20 Dec 2024Close Date
24 Dec 2024Size (in Crs.)
880.50 - 928.14
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-33Lot Size
23
Type
Book building
Face Value
1
Market Lot
1
Objective of the Issue
1. Repayment/prepayment, in part or full, of certain of borrowings availed by our:a. Company including payment of interest accrued thereon; andb. 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;2. General corporate purposes.
Description
We are a hospitality asset owner with a primary focus on luxury offerings across business and leisure segments. All of ourhospitality assets are operated by or franchised from global operators, including Marriott, Hilton, Minor and Atmosphere. Ourluxury hospitality assets comprise JW Marriott, Pune, The Ritz-Carlton, Pune, Conrad, Maldives, Anantara, Maldives andRaaya by Atmosphere, Maldives. Our luxury hospitality assets collectively contributed to over 80% of our pro forma revenuefrom hotel operations for FY... Show More
Address
5th Floor, Tower D , Tech Park One , Yerwada
Pune
411006
Promoter Holding
Promoters:
Atul I. Chordia, Atul I. Chordia HUF, BRE Asia ICC Holdings Ltd, BREP Asia III India Holding Co VI Pte. Ltd., Premsagar Infra Realty Pvt Ltd.
Total Share Capital
207811070
Offered to Public
-
% Promoter's Holding (Pre-Issue)
99.59
% Promoter's Holding (Post-Issue)
-
Shares on offer
Total Share Offer
207811070
Of above offred to public
-
Post Issue shares
NA
Post Issue Promoters
-
Lead Managers to the Issue:
Axis Capital Ltd., HSBC Securities & Capital Markets (India) Pvt Ltd, ICICI Securities Ltd, IIFL Securities Ltd., JM Financial Ltd., Kotak Mahindra Capital Co Ltd, SBI Capital Markets Ltd
Registrar Details
Registrar Name:
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Address
Karvy Selenium Tower B, Plot 31-32 , Gachibowli,Financial District , Nanakramguda , Hyderabad
500032