Ventive Hospitality IPO Allotment Status

Summary

Ventive Hospitality IPO has closed with a strong response from investors, achieving a notable final subscription of 10.33 times by December 24, 2024 at 6:19:09 PM (Day 3). The public issue demonstrated significant investor interest across categories, with the Non-Institutional Investors (NII) segment leading with 14.60 times subscription (bNII: 15.86 times, sNII: 12.08 times). The QIB category showed robust enthusiasm with 9.58 times subscription, while the Retail portion was subscribed 6.19 times. Notably, the Employee portion received strong interest with 10.03 times subscription. The Anchor Investors portion was fully subscribed. This book built issue has attracted a total of 7,27,669 applications, indicating substantial market interest in the company's luxury hospitality business.

How to Check Ventive Hospitality IPO Allotment Status:

How to Check Ventive Hospitality IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web portal of Kfin Technologies Limited (https://ipostatus.kfintech.com/)
Step 2: From the dropdown menu, select Ventive Hospitality IPO
Step 3: Choose one of the following modes: PAN ID, Demat Account number, or Application number
Step 4: Enter the information relevant to the mode you have chosen
Step 5: For security purposes, fill out the captcha accurately
Step 6:  Click "Submit"

How to Check Ventive Hospitality IPO Allotment Status on BSE/NSE:

Step 1: Visit the BSE or NSE website (https://www.bseindia.com/investors/appli_check.aspx)
Step 2: Look for the IPO Allotment Status section
Step 3: Select "Ventive Hospitality Limited" from the dropdown menu
Step 4: Enter your application number and PAN ID
Step 5: Click on 'I am not a robot' and then click "Search"

How to Check IPO Allotment Status in a Bank Account:

• Log into your Internet Banking: Go to your bank's website or mobile app and log in.
• Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.
• Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.
• Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.
• Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account? 

• Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).
• Find IPO Section: Look for the section titled "IPO" or "Portfolio." 
• Verify IPO Allotment Status: Check if the allocated shares are visible in your Demat account.
• Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.
• Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Ventive Hospitality IPO Timeline:

Ventive Hospitality IPO Subscription Status 

Ventive Hospitality IPO received 10.33 times subscription with 7,27,669 applications. By December 24, 2024 at 6:19:09 PM (Day 3), the detailed subscription status revealed:

Subscription Day 3 (Final)

Total Subscription: 10.33 times
QIB: 9.58 times 
NII: 14.60 times 
Retail investors: 6.19 times
Employee: 10.03 times

Subscription Day 2 (December 23, 2024)

Total Subscription: 1.35 times
QIB: 1.28 times
NII: 1.13 times (bNII: 1.18 times, sNII: 1.03 times)
Retail investors: 1.86 times
Employee: 5.25 times

Subscription Day 1 (December 20, 2024)

Total Subscription: 0.75 times
QIB: 1.11 times
NII: 0.10 times (bNII: 0.06 times, sNII: 0.19 times)
Retail investors: 0.65 times
Employee: 0.00 times
 

Ventive Hospitality IPO Details 

Ventive Hospitality's initial public offering (IPO) is a book built issue of ₹1,600.00 crores. This offering consists entirely of a fresh issue of 2.49 crore shares.

The bidding process commenced on December 20, 2024 and concluded on December 24, 2024. The allotment results are anticipated to be finalised on December 26, 2024. Furthermore, the shares of Ventive Hospitality are set to be listed on BSE and NSE, with a provisional listing date scheduled for December 30, 2024.

The price band is set at ₹610-643 per share, with employees being offered shares at a discount of ₹30 to the issue price. Investors must apply for a minimum lot size of 23 shares, which requires a minimum investment of ₹14,789 for retail investors. For small NII (sNII), the minimum investment is 14 lots (322 shares), totalling ₹2,07,046, while for big NII (bNII), it is 68 lots (1,564 shares), totalling ₹10,05,652.

JM Financial Limited, Axis Capital Limited, HSBC Securities & Capital Markets Pvt Ltd, ICICI Securities Limited, IIFL Securities Ltd, Kotak Mahindra Capital Company Limited, and SBI Capital Markets Limited serve as the book running lead managers for the IPO, while Kfin Technologies Limited is designated as the registrar for this offering.