Ventive Hospitality Share Price Live Updates: Ventive Hospitality shares made a decent stock market debut on Monday, after its initial public offering (IPO) received strong response. Ventive Hospitality shares were listed at nearly 12% premium to the issue price. The equity shares of the company are listed on both the stock exchanges, BSE and NSE. Ventive Hospitality IPO was open from December 20 to 24 and the issue was subscribed 9.82 times. Ventive Hospitality IPO listing took place today. Stay tuned to our Ventive Hospitality Share Price Live Blog for the latest updates.
Ventive Hospitality Share Price Live: Ventive Hospitality shares trade up over 12% from issue price
Ventive Hospitality Share Price Live: Ventive Hospitality shares were trading at ₹725.00 apiece on BSE, up 0.95% from its listing price and up 12.75% from its issue price.
Ventive Hospitality Share Price Live: A look at Ventive Hospitality financials
Ventive Hospitality Share Price Live: Ventive Hospitality incurred a loss of ₹137.83 crore on consolidated revenue of ₹846.44 crore for the six months ended September 2024. For FY24, the company’s consolidated revenue increased by 8.4% to ₹1,842.07 crore. Operating margin rose 199 bps to 43.67%, leading to a 13.58% rise in operating profit to ₹804.46 crore. Net loss stood at ₹66.75 crore as against net profit of ₹15.68 crore for the corresponding period of previous year.
Ventive Hospitality Share Price Live: Ventive Hospitality’s business metrics
Ventive Hospitality Share Price Live: As of September 2024, Ventive Hospitality owns a portfolio of 11 hospitality assets in India and the Maldives, totaling 2,036 keys across the luxury, upper upscale, and upscale segments, with an average occupancy of 60.7% and an ARR of ₹16,000 (H1FY25). Furthermore as of Sept-24 the company, its promoter and promoter group have developed 1,331 keys that are 7 hospitality assets and the company, its promoter and promoter group have acquired another 705 keys taking the total to 2036 keys. Additionally, the company’s hospitality assets command an ARR premium compared to its peers in India and the Maldives.
Going forward, the company plans to increase its hospitality assets by 367 keys, taking the total room count from 2,036 keys to 2,403 keys by FY28. This expansion includes, 167-room expansion in Varanasi,80- key villa-style resort in Sri Lanka, addition of 120 rooms in Bengaluru
Ventive Hospitality Share Price Live: Stock extends gains after positive listing
Ventive Hospitality Share Price Live: Ventive Hospitality shares extend gains after listing with 11.7% premium. The stock hit a high of ₹748.80 apiece on the BSE, up 4.26% from its listing price and up 16.5% from its issue price.
Ventive Hospitality Share Price Live: Here’s how Ventive Hospitality plans to use the IPO proceeds
Ventive Hospitality Share Price Live: Ventive Hospitality plans to utilise the net issue proceeds for repayment/ prepayment of certain borrowings availed by the company, payment of interest accrued thereon; and step-down subsidiaries, namely SS & L Beach Private Limited and Maldives Property Holdings Private Limited, including the payment of interest thereon through investment in such step-down Subsidiaries, and for general corporate purposes.
Ventive Hospitality Share Price Live: Hold Ventive Hospitality shares for medium to long-term growth: Analyst
Ventive Hospitality Share Price Live: According to Akriti Mehrotra, Research Analyst, StoxBox, noted that Ventive Hospitality operates 11 luxury properties, including flagship hotels like JW Marriott Pune and The Ritz-Carlton Pune, benefiting from strong partnerships with global brands such as Marriott and Hilton. However, its reliance on third-party operators for 78% of its keys exposes it to reputational risks. Ventive also generates 41% of its revenue from annuity assets, providing stable cash flows.
“With a strong financial track record, including a 44% revenue CAGR, and plans for expansion, we recommend holding shares for medium to long-term growth,” said Mehrotra.
Ventive Hospitality Share Price Live: Stock lists with 11.35% premium on NSE
Ventive Hospitality Share Price Live: Ventive Hospitality shares began trading at ₹716 apiece on NSE, a premium of 11.35% to the issue price of ₹643 per share.
Ventive Hospitality Share Price Live: Ventive Hospitality shares list with 11.7% premium at ₹718.15 apiece
Ventive Hospitality Share Price Live: Ventive Hospitality shares got listed at ₹718.15 apiece on BSE, a premium of 11.69% to the issue price of ₹643 per share. On NSE, Ventive Hospitality shares were listed with a premium of 11.35% at ₹716 apiece.
Ventive Hospitality Share Price Live: Ventive Hospitality shares settled 11.7% high in pre-opening
Ventive Hospitality Share Price Live: Ventive Hospitality shares settle at ₹718.15 apiece in pre-opening on BSE, a premium of 11.69% to the issue price of ₹643.00 per share. On NSE, Ventive Hospitality shares settled at ₹716.00 apiece in the pre-opening, a premium of 11.35% to the IPO price.
Ventive Hospitality Share Price Live: Hold Ventive Hospitality shares for medium to long-term growth: Akriti Mehrotra
Ventive Hospitality Share Price Live: According to Akriti Mehrotra, Research Analyst, StoxBox, Ventive Hospitality IPO, oversubscribed 10.33 times, is set to debut today, with an 11% premium above the upper price band.
“The company operates 11 luxury properties, including flagship hotels like JW Marriott Pune and The Ritz-Carlton Pune, benefiting from strong partnerships with global brands such as Marriott and Hilton. However, its reliance on third-party operators for 78% of its keys exposes it to reputational risks. Ventive also generates 41% of its revenue from annuity assets, providing stable cash flows. With a strong financial track record, including a 44% revenue CAGR, and plans for expansion, we recommend holding shares for medium to long-term growth,” said Mehrotra.
Ventive Hospitality Share Price Live: Expect listing at around 10-12% premium: Arun Kejriwal
Ventive Hospitality Share Price Live: Analysts also predict Ventive Hospitality share listing to be at a premium of around 10% to the issue price.
“Ventive Hospitality IPO received a decent response despite being priced at high valuations. So, I am expecting a positive debut for the company shares. One can expect the Ventive Hospitality IPO listing at around 10% to 12% premium,” said Arun Kejriwal, founder of Kejriwal Research and Investment Services.
Ventive Hospitality Share Price Live: Ventive Hospitality IPO GMP indicates positive listing
Ventive Hospitality Share Price Live: Ventive Hospitality IPO GMP today is ₹70 per share, according to stock market observers. This indicates that in the grey market, Ventive Hospitality shares are trading higher by ₹70 apiece than their issue price. Considering the Ventive Hospitality IPO GMP today, the estimated listing price of Ventive Hospitality shares would be ₹713 apiece, a premium of 11% from the IPO price of ₹643 per share.
Ventive Hospitality Share Price Live: Issue subscribed 9.82 times in total
Ventive Hospitality Share Price Live: Ventive Hospitality IPO received 9.82 times subscription in total as it garnered bids for 14.17 crore equity shares as against IPO size of 1.44 crore shares. The retail investors portion was booked 5.94 times, while the Non Institutional Investors (NII) portion was subscribed 13.87 times. The Qualified Institutional Buyers (QIBs) category received 9.08 times subscription.
Ventive Hospitality Share Price Live: Ventive Hospitality IPO Key Details
Ventive Hospitality Share Price Live: Ventive Hospitality IPO price band was set at ₹610 to ₹643 per share. At the upper-end of the price band, the company raised ₹1,600 crore from the book-built issue which was entirely a fresh issue of 2.49 crore equity shares.
Ventive Hospitality Share Price Live: Ventive Hospitality IPO Timeline
Ventive Hospitality Share Price Live: The ₹1,600-crore worth Ventive Hospitality IPO was open for subscription from December 20 to 24 and the IPO allotment was finalised on December 26. Ventive Hospitality IPO listing date is today, December 30 and the Ventive Hospitality shares will be listed on BSE and NSE.
Ventive Hospitality Share Price Live: Ventive Hospitality IPO listing today
Ventive Hospitality Share Price Live: Ventive Hospitality shares are set to make their stock market debut today after its initial public offering (IPO) received strong response. Ventive Hospitality IPO listing date is today, December 30, and the equity shares of the company will be listed on both the stock exchanges, BSE and NSE. Ventive Hospitality shares will be available for trading from 10:00 AM.
