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Grand Continent Hotels Ltd

Grand Continent Hotels Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹113
₹113
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹113
Based on GMP
Min. Investment
₹135,600
1 lot × 1200 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
20 Mar 2025
Close Date
24 Mar 2025
Allotment
25 Mar 2025
Listing Date
27 Mar 2025
Exchange
NSE SME
Price Band
₹113
Listing Price
See chart
Allotment Status
Price Band
₹113
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
65,89,200 shares (aggregating up to ₹74.46 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹135,600
1 lot
Pre-IPO Holding
1,86,59,003 shares
Promoters
Post-IPO Holding
2,49,19,403 shares
Promoters
P/E (Pre)
51.24x
 
P/E (Post)
20.67x
 
EPS (Pre)
₹2.21
 
EPS (Post)
₹5.47
 
UPI Deadline
2025-03-24
Mandate
Anchor AllotmentWed, 19 Mar 2025
Basis of AllotmentTue, 25 Mar 2025
Refund InitiationWed, 26 Mar 2025
Demat CreditWed, 26 Mar 2025
Listing DayThu, 27 Mar 2025
UPI Mandate Deadline2025-03-24
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public62,59,200 shares (aggregating up to ₹70.73 Cr)
Market Maker Quota3,30,000 shares (aggregating up to ₹3.73 Cr)
Fresh Issue Shares59,30,400 shares (aggregating up to ₹67.01 Cr)
Offer for Sale3,28,800 shares of ₹10 (aggregating up to ₹3.72 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Grand Continent Hotels Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 24 Mar 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
330,000
₹3.73
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,589,200
100% ₹74.46
IPO Shares Offered
Grand Continent Hotels Ltd IPO total issue size: ₹74.46 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 330,000 ₹3.73
5.01%
Total 6,589,200 ₹74.46
100.00%
* Based on upper price band ₹113 per share
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹113.00
Upper Band
Min Investment
₹135,600
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹271,200
Retail (Max — 13 Lots)1315,600₹1,762,800
S-HNI (Min — 14 Lots)1416,800₹1,898,400
B-HNI (Min — 68 Lots)6881,600₹9,220,800
* Issue Price ₹113 × Lot Size 1,200 shares
IPO Schedule
Anchor
19 Mar 2025
✓ Done
IPO Open
20 Mar 2025
✓ Done
IPO Close
24 Mar 2025
✓ Done
Allotment
25 Mar 2025
✓ Done
Refunds
26 Mar 2025
✓ Done
Demat Credit
26 Mar 2025
✓ Done
Listing Day
27 Mar 2025
✓ Done
Grand Continent Hotels Ltd — Live Price LIVE
₹113.00
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Issue ₹113.00 Live Price
About Grand Continent Hotels Ltd
Founded in 2011, Grand Continent Hotels Limited is a hotel chain in India. The company caters to the mid-market segment, operating 19 properties across six major Indian cities, offering over 900 rooms.Each hotel is strategically located in prime urban areas, designed to meet the diverse needs of both business and leisure travelers.Grand Continent Hotels elevates customer experience by providing straightforward service interactions, user-friendly infrastructure, and a commitment to delivering value for money. They prioritize sustained service levels, availability, and regularly benchmark and update their services to meet evolving guest expectations.As of September 30, 2024, the company and JV Partner Entities operate 16 hotels with 753 keys across Karnataka (Bengaluru/Mysuru), Tamil Nadu (Hosur), Goa (Anjuna/Morjim), Andhra Pradesh (Tirupati), and Telangana (Secunderabad).The company serves Indian middle-class guests and business travelers with differentiated, comfortable services and value-for-money propositions.Each Grand Continent Hotels property is equipped with modern amenities and services, including:Well-furnished rooms with comfortable bedding, air conditioning, and workspacesOn-site dining options serving a variety of cuisinesConference and banquet facilities for business meetings and events24/7 front desk and customer support.Complimentary Wi-Fi and business services.Easy accessibility to transport hubs and commercial areas.As of September 30 2024, the company had 538 employees in various departments.Competitive StrengthPremium hospitality offerings in the mid-priced segment.Strategically located properties at prime areas.Proven track record of adding value through active asset management.Professional and experienced management team.Well-positioned to benefit from strong industry tailwinds.
Objects of the Issue
1
Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the Company
2
Expansion of the Hotel properties in India
3
General Corporate Purpose
Grand Continent Hotels Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹17.1
31 Mar 2023
₹31.5
31 Mar 2024
₹31.9
30 Sep 2024
Profit After Tax (PAT)
₹1.1
31 Mar 2023
₹4.1
31 Mar 2024
₹6.8
30 Sep 2024
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 31.86 31.53 17.05
EBITDA N/A N/A N/A
Profit After Tax (PAT) 6.81 4.12 1.05
Net Worth 40.18 29.99 0.59
Total Assets 97.94 73.91 42.26
Reserves & Surplus 22.36 26.00 -0.42
Borrowings 40.22 34.96 37.07
EBITDA Margin (%) N/A
PAT Margin (%) 13.05%
P/BV Ratio
1.50
RoE
25%
RoCE
17%
RoNW
26.67%
PAT Margin
13.05%
Debt/Equity
1.13
Issue Structure & Shareholding
Total Shares Offered65,89,200 (100.00%)
Net Offer to Public62,59,200 shares (aggregating up to ₹70.73 Cr)
Reserved for Market Maker3,30,000 shares (aggregating up to ₹3.73 Cr)
Pre-Issue Promoter Holding1,86,59,003 shares
Post-Issue Promoter Holding2,49,19,403 shares
P/BV Ratio1.50
RoE25%
RoCE17%
Debt / Equity1.13
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Indorient Financial Services Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Grand Continent Hotels Ltd IPO subscribed?

Grand Continent Hotels Ltd IPO is subscribed 1.00 times by Mar 24, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Grand Continent Hotels Ltd IPO retail subscription status?

The Grand Continent Hotels Ltd IPO retail category is subscribed 1.00 times as of 24 Mar 2025. The retail portion is oversubscribed.

How to subscribe Grand Continent Hotels Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 20 Mar 2025 and closes 24 Mar 2025. Min investment: ₹135,600 (1 lot = 1,200 shares). UPI mandate: 2025-03-24.

How many times Grand Continent Hotels Ltd IPO subscribed?

The Grand Continent Hotels Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Grand Continent Hotels Ltd IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 25 Mar 2025. Refunds: on 26 Mar 2025.

When Grand Continent Hotels Ltd IPO will be listed?

The Grand Continent Hotels Ltd IPO listing date is 27 Mar 2025, Thursday. Listed on: NSE SME. Issue price: ₹113. Estimated listing: ₹113. GMP: NIL.

When Grand Continent Hotels Ltd IPO close?

The Grand Continent Hotels Ltd IPO closes on 24 Mar 2025, Monday. UPI mandate: 2025-03-24. Allotment: 25 Mar 2025. Listing: 27 Mar 2025.