Ventive Hospitality IPO Anchor Allocation at 45%

Ventive Hospitality IPO saw an overwhelming response from anchor investors, with 45% of the total Ventive Hospitality IPO size subscribed by them. Out of the 2,48,83,358 shares on offer, anchor investors picked up 1,11,90,513 shares, reflecting strong confidence in the company’s future prospects. The anchor allocation details were disclosed to the stock exchanges on December 19, 2024, ahead of the IPO opening on December 20, 2024.

The book-built issue of ₹1,600 crores is entirely a fresh issue of 2,48,83,358 shares. The price band is set at ₹610 to ₹643 per share, with a face value of ₹1 per share. The minimum investment required by retail investors is ₹14,789, equivalent to one lot of 23 shares.

The anchor allocation process, conducted on December 19, 2024, saw substantial interest from institutional investors, with the entire allocation made at the upper end of the price band, ₹643 per share. This underscores the robust demand for the company’s shares and highlights confidence in Ventive Hospitality's operational and financial strength.

The overall allocation of Ventive Hospitality IPO reservation across categories is as follows:
 

Notably, the 1,11,90,513 shares allocated to anchor investors were deducted from the Qualified Institutional Buyers (QIB) quota, ensuring compliance with regulatory norms and maintaining a balanced distribution.

The lock-in period for anchor investors is an essential mechanism to stabilize the stock price post-listing. For Ventive Hospitality IPO, the lock-in details are as follows:

• 50% of Shares Lock-In Period: January 25, 2025
• Remaining Shares Lock-In Period: March 26, 2025

These lock-in requirements ensure that anchor investors retain their holdings for a specified duration, providing stability to the stock’s performance after listing.

Anchor Investors in Ventive Hospitality IPO

Anchor investors play a pivotal role in boosting market confidence and aiding price discovery during an IPO. On December 19, 2024, Ventive Hospitality IPO completed its anchor allocation process, raising ₹719.55 crores by allotting 1,11,90,513 shares to anchor investors at the upper price band of ₹643 per share. The anchor allocation witnessed participation from prominent institutional investors, showcasing their faith in the company’s potential.

Out of the total anchor allocation, 43.08% (4,821,122 shares) were allocated to domestic mutual funds across eight schemes. This overwhelming response from key investors highlights the company’s credibility and strong market positioning.

Ventive Hospitality IPO Key Details

• IPO Size: ₹1,600 crores
• Shares Allocated to Anchors: 1,11,90,513
• Anchor Subscription Percentage: 45%
• Listing Date: December 30, 2024
• IPO Opening Date: December 20, 2024

About Ventive Hospitality Limited and How to Apply for Ventive Hospitality IPO

Incorporated in 2002, Ventive Hospitality Limited is a premium player in the hospitality industry, focusing on developing and managing high-end luxury hotels and resorts in business and leisure segments. The company owns 11 operational hospitality assets in India and the Maldives, with a total of 2,036 keys, as of September 30, 2024. Their hospitality assets are managed or franchised by globally renowned operators like Marriott, Hilton, and Atmosphere.

The company’s premium hospitality properties include JW Marriott Pune, The Ritz-Carlton Pune, Conrad Maldives, and Anantara Maldives. Ventive Hospitality is strategically positioned in prime areas such as Pune, Bengaluru, Varanasi, and the Maldives.

Retail investors can bid for a minimum lot size of 23 shares within the price band of ₹610 to ₹643 per share. Applications can be made through online trading platforms or registered brokers. For more details, refer to the Red Herring Prospectus (RHP).