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Grand Continent Hotels IPO

  • Status: Live
  • RHP:
  • ₹ 128,400 / 1200 shares

    Minimum Investment

IPO Details

  • Bidding starts

    20 Mar 2025

  • Bidding ends

    24 Mar 2025

  • Listing

    27 Mar 2025

  • IPO Price Range

    ₹ 107 to ₹ 113

  • IPO Size

    ₹ 74.46 Cr

  • Listing Exchange

    NSE SME

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Timeline Subscription Status Financials SWOT FAQ Contacts

IPO Timeline

Grand Continent Hotels IPO Subscription Status

Last Updated: 21 March 2025 11:05 AM by 5Paisa

Grand Continent Hotels is launching a ₹74.46 crore IPO, comprising a fresh issue of ₹70.74 crore and an offer for sale of ₹3.72 crore. Operating 19 properties across six major cities with over 900 rooms, the company targets mid-market business and leisure travelers. Known for value-for-money services, it operates 16 hotels with 753 keys across Karnataka, Tamil Nadu, Goa, Andhra Pradesh, and Telangana.

Established in: 2011
Managing Director & Chairman: Mr. Ramesh Siva

Peers

Lemon Tree Hotels Ltd
Sayaji Hotels Ltd
Royal Orchids Hotels Ltd
 

Objectives

1. Prepayment or Repayment of Borrowings
2. Expansion of Hotel Properties 
3. General Corporate Purpose
 

Grand Continent IPO Size

Types Size
Total IPO Size ₹74.46 Cr.
Offer For Sale ₹3.72 Cr.
Fresh Issue ₹70.74 Cr.

 

Grand Continent IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1,200 128,400
Retail (Max) 1 1,200 128,400
HNI (Min) 2 2,400 256,800

Grand Continent IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 0.71 12,49,200 8,83,200 9.980
NII (HNI) 0.1 9,37,200 91,200 1.031
Retail 0.26 21,87,600 5,78,400 6.536
Total** 0.36 43,86,000 15,58,800 17.614

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Grand Continent IPO Anchor Allocation

Anchor Bid Date 19 March 2025
Shares Offered 18,73,200
Anchor portion Size (In ₹ Cr.) 21.17
Anchor lock-in period end date for 50% shares (30 Days) 24 April 2025
Anchor lock-in period end date for remaining shares (90 Days) 23 June 2025

 

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY23 FY24
Revenue 6.03 17.05 31.53
EBITDA 2.38 6.25 9.86
PAT -0.79 1.05 4.12
Particulars (in Rs. Crores) FY22 FY23 FY24
Total Assets 34.37 42.26 73.91
Share Capital 1.01 1.01 3.99
Total Borrowings 34.72 37.07 34.96
Particulars (in Rs. Crores) FY22 FY23 FY24
Net Cash Generated From / (used in) operating activities 0.73 7.58 7.22
Net Cash Generated From / (used in) investing activities -0.73 -8.55 -18.83
Net Cash Generated From / (used in) financing activities 0.31 1.00 19.60
Net Increase (Decrease) In Cash And Cash Equivalents 0.30 0.03 7.98


Strengths

1. Strong presence in prime urban locations.
2. Consistent value-for-money offerings.
3. Experienced and professional management team.
4. Proven track record in asset management.
5. Positioned to leverage growing hospitality demand.
 

Risks

1. Dependence on mid-market segment.
2. High competition from established hotel chains.
3. Limited geographic diversification.
4. Vulnerable to economic slowdowns.
5. Potential operational risks from JV partnerships.
 

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FAQs

Grand Continent Hotels IPO opens from 20 March 2025 to 24 March 2025.

The size of Grand Continent Hotels IPO is ₹74.46 Cr.

The price of Grand Continent Hotels IPO is fixed at ₹107 to ₹113 per share. 

To apply for Grand Continent Hotels IPO, follow the steps given below:

● Login to your 5paisa account and select the issue in the current IPO section    
● Enter the number of lots and the price at which you wish to apply for the Grand Continent Hotels  IPO.    
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of Grand Continent Hotels IPO is 1,200 shares and the investment required is ₹128,400.
 

The share allotment date of Grand Continent Hotels IPO is 25 March 2025

The Grand Continent Hotels IPO will likely be listed on 27 March 2025.

Indorient Financial Services Ltd is the book running lead manager for Grand Continent Hotels IPO.
 

Grand Continent Hotels plans to utilise the raised capital from the IPO for:
1. Prepayment or Repayment of Borrowings
2. Expansion of Hotel Properties 
3. General Corporate Purpose