Ventive Hospitality Limited made its stock market debut today, December 30, 2024, on the BSE and NSE, with an impressive premium listing. The IPO had garnered significant interest during its subscription period, closing at an overall subscription rate of 10.33 times.
Listing Details
- Issue Price: ₹643
- Listing Price on NSE: ₹716
- Premium: ₹73 (+11.35%)
Investor Profit Highlights
- Retail Lot (23 shares):
- Investment: ₹14,789
- Profit: ₹1,679
- SHNI Lot (322 shares):
- Investment: ₹2,07,046
- Profit: ₹23,506
Key IPO Details
- Price Band: ₹610 – ₹643 per share
- Minimum Lot Size: 23 shares
- Retail Investors Minimum Investment: ₹14,789
- sNII Investment (14 lots/322 shares): ₹2,07,046
- bNII Investment (68 lots/1,564 shares): ₹10,05,652
- Employee Reservation: 16,313 shares at a ₹30 discount
Subscription Overview
- Retail Investors: Subscribed 6.19 times
- Qualified Institutional Buyers (QIBs): Subscribed 9.58 times
- Non-Institutional Investors (NIIs): Subscribed 14.6 times
IPO Management
- Lead Managers: JM Financial, Axis Capital, HSBC Securities, ICICI Securities, IIFL Securities, Kotak Mahindra Capital, SBI Capital Markets
- Registrar: KFin Technologies Limited
The strong listing and investor profit margins reflect the robust demand and confidence in Ventive Hospitality’s business model. The IPO has successfully created significant value for its investors, marking a promising start on the stock market.
TOPICS:
Ventive Hospitality