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Grand Continent Hotels Limited IPO Date, Price, Review and Details

 

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Grand Continent Hotels Limited IPO

March 20, 2025 - March 24, 2025 Closed
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Grand Continent Hotels Limited IPO

Grand Continent Hotels Limited IPO was engaged in their work in the hotel area of ​​Middle-Mamana, including the Upper Central Prize, the middle value, and the economy segment. The Indian middle -class guests and commercial travelers want to fulfill and discriminate yet to offer comfortable service Prasad, with cash proposals for a value. Their company has 16 operational hotels with JV partner institutions Properties and a total of 753 hotel keys operated in the states of Karnataka (Bangalore/Mysuru) Nadu (Hosur), Goa (Anjun/Morjim), Andhra Pradesh (Tirupati) and Telangana (Sikand Abad).  They plan and establish to focus on increasing our scars by taking advantage of our valuable status in our major markets. The relationship with hotel operators and franchise partners. They intend to continue to utilize our quality to perform management and scale-operational capacity to our existing portfolio, reduce costs, and improve the margin. They plan to benefit from strategic development and procurement opportunities.

Company Promoters:         

  • Mr. Ramesh Siva
  • Mrs. Vidya Ramesh

Objects of this Issue:

  • Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by their Company.
  • Expansion of their Hotel properties in India
  • General Corporate Purpose.

Financial Information of the Company:

 

Amount in Million (Rs.)

As on 31 Mar 2024

As on 31 Mar 2023

As on 31 Mar 2022

Total Assets

7,391.43

4,226.10

3,436.58

Total Liabilities

4,297.29

4,065.99

3,273.37

Net Profit

407.77

103.49

(79.29)

 

Grand Continent Hotels Limited IPO Schedule

1.     Bid or Offer Opens on: 20 March 2025
2.     Bid or Offer Closes on: 24 Macrh 2025
3.     Tentative Allotment: 25 March 2025
4.     Initiation of Refunds: 26 March 2025
5.     Credit of share to Demat account: 26 March 2025
6.     Listing Date: 27 March 2025

Grand Continent Hotels Limited IPO Lot Size

The market lot size of Grand Continent Hotels Limited IPO is 3,200 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  1200

₹1,35,600

Maximum

1

  1200

₹1,35,600

S-HNI(Minimum)

2

  2,400

₹2,71,200


Company Contact Details:

Grand Continent Hotels Limited IPO
S No. 245/1A/1B, Venpursham Village, Veeralapakkam, T
hiruporur, Chengalpattu, Mamallapuram, Kanchipuram,
Tirukalikundram - 603110, Tamil Nadu, India
Tel No:  080 4165 6491
Email Id:  cs@grandcontinenthotels.com
Website - https://grandcontinenthotels.com/

Grand Continent Hotels Limited IPO Registrar Details:

MUFG Intime India Private Limited
C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg Vikhroli (West),
Mumbai - 400083, Maharashtra, India
Tel: +91 810 811 4949
E-mail: grandcontinent.ipo@linkintime.co.in
Website: www.linkintime.co.in

Frequently Asked Question

Pre-issue shareholding of the Grand Continent Hotels Limited IPO promoter is 75.02%.
You will receive on grand continental hotel shares in your Demat account on March 25, 2025, if allotted.
If you do not get the allotment of on grand continent hotels private limited, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Post-issue shareholding of the grand continent hotels pvt ltd promoter is [.]%.
The face value of Grand Continent Hotels Limited IPO is ₹10 per share.
Grand Continent Hotels Limited IPO share price Shares will be listed at NSE SME.
Investors can check the status of their IPO application on the registrar's website by entering their application details or through their respective brokers.
Minimum and maximum order quantity is 1 lot only.
The meaning of " Grand Continent Hotels Limited IPO " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Grand Continent Hotels Limited IPO on the current day.
Grand Continent Hotels Limited IPO shares will get listed on March 24 2025.
An IPO “Initial Public Offering” is the process by which a private company offers that’s shares to the public for the first time to raise capital.
Grand Continent Hotels Limited IPO Products share price ₹107 to ₹113 per share.
The price band for the Grand Continent Hotels Limited IPO will be specified in the company's official prospectus.
Key financial metrics, including revenue, profit margins, and other financial data, will be available in the company's prospectus and financial statements.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in quest laboratories private limited using any neatest method at your convenience.
Opening date of Grand Continent Hotels Limited IPO is March 20, 2025.
Lot size of the Grand Continent Hotels Limited IPO is 1,200 shares.
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