Table of Contents
About Ventive Hospitality Limited IPO
Ventive Hospitality Limited was founded in February 2002 and has positioned itself as a leading entity in the hospitality sector, emphasizing both business and leisure markets. The organization focuses on developing, managing, and operating high-end luxury hotels and resorts, responding to the increasing demand for premium hospitality offerings.
As of September 30, 2024, Ventive Hospitality Limited IPO possesses and runs 11 hospitality assets in prime locations throughout India and the Maldives, providing a total of 2,036 keys. These properties encompass a range of upscale market segments, from business-oriented lodgings to leisure-focused resorts. The company has established strategic alliances with prominent global hotel brands, including Marriott, Hilton, Minor, and Atmosphere, to manage or franchise its assets, assuring top-tier services and facilities.
Ventive Hospitality Limited IPO hotels are strategically situated in major business centers such as Pune and Bengaluru, sought-after tourist spots like the Maldives, and culturally significant regions like Varanasi. These strategic locations enable the company to attract a varied clientele, from business visitors to holidaymakers seeking luxury experiences.
Ventive Hospitality Limited IPOcollection of luxury hospitality assets features esteemed properties such as JW Marriott, Pune, The Ritz-Carlton, Pune, Conrad, Maldives, Anantara, Maldives, and Raaya by Atmosphere, Maldives. These assets signify Ventive’s strong positioning within both the luxury and premium tiers of the hospitality market.
As of September 30, 2024, Ventive Hospitality Limited IPO employed 2,791 permanent staff and 632 contract personnel across its hospitality assets, ensuring exemplary service and operational excellence at every level.
Ventive Hospitality Limited IPO: Competitive Strengths
- Premium Hospitality Assets: Ventive possesses a portfolio of Grade A assets, including luxury hotels and annuity-based properties, providing stable revenue alongside high-end offerings.
- Track Record of Growth: The company has effectively expanded through both development and acquisitions, maintaining a strong presence in India and the Maldives, thereby establishing itself as a leader in luxury hospitality.
- Renowned Promoters: Ventive Hospitality Limited IPO is supported by a skilled team of promoters with both local and international expertise, aiding its success and growth within the competitive hospitality sector.
- Professional Management Team: Ventive Hospitality Limited IPO management team has significant experience in the hospitality industry, guaranteeing operational efficiency and high service standards across all its properties.
- Active Asset Management: Ventive Hospitality Limited IPO demonstrated capability to enhance value through active asset management allows it to consistently improve its portfolio’s performance and seize market opportunities.
- Strong Industry Position: With the hospitality sector on a growth path, Ventive is well-prepared to capitalize on favorable industry trends, further strengthening its competitive advantage.
Ventive Hospitality Limited IPO: Conclusion
In conclusion, VVentive Hospitality Limited IPO has firmly established itself in the luxury hospitality market since its 2002 incorporation, owning 11 high-end properties across India and the Maldives, supported by strategic partnerships and a strong management team, ensuring sustained growth and exceptional service standards.
Ventive Hospitality IPO Key Dates
Here’s the table with the IPO timeline:
| Parameter | Details |
|---|---|
| IPO Open Date | Friday, December 20, 2024 |
| IPO Close Date | Tuesday, December 24, 2024 |
| Basis of Allotment | Thursday, December 26, 2024 |
| Initiation of Refunds | Friday, December 27, 2024 |
| Credit of Shares to Demat | Friday, December 27, 2024 |
| Listing Date | Monday, December 30, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 24, 2024 |
Ventive Hospitality IPO: Financial Statement
| Parameter | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 8,794.1 | 8,606.17 | 8,010.41 | – |
| Revenue | 875.9 | 1,907.38 | 1,762.19 | 1,197.61 |
| Profit After Tax | -137.83 | -66.75 | 15.68 | -146.2 |
| Net Worth | 3,665.83 | 3,657.15 | 3,441.39 | – |
| Total Borrowing | 3,682.13 | 3,599.66 | 3,291.07 | – |
Ventive Hospitality IPO: List of Lead Managers
The Ventive Hospitality IPO is being led by a group of top financial institutions with extensive experience in managing public offerings. Each of these Lead Managers has a proven record of successfully handling IPOs across various industries. Below is a summary of the past IPO performance of each of these Lead Managers:
- JM Financial Limited (Past IPO Performance)
- Overview: JM Financial is among India’s oldest and most esteemed financial services firms, focusing on investment banking, wealth management, and asset management.
- Past IPO Performance:
- JM Financial has participated in the management of several successful IPOs in the Indian market.
- It has acted as the lead manager for prominent IPOs such as L&T Technology Services (LTT), ICICI Lombard General Insurance, and GIC Housing Finance.
- Strength: JM Financial is recognized for its strong underwriting capabilities, having effectively executed IPOs for companies across varied sectors, including technology, insurance, and real estate.
- Their market expertise and strong relationships with institutional investors have consistently led to successful IPO launches and price stability after listing.
- Axis Capital Limited (Past IPO Performance)
- Overview: Axis Capital, a part of the Axis Bank Group, stands out as one of India’s top investment banks, providing services in capital markets, corporate advisory, and private equity.
- Past IPO Performance:
- Axis Capital has overseen numerous high-profile IPOs, including the successful introductions of Zomato and SBI Cards and Payments.
- Other notable IPOs managed by Axis include IRCTC, Indigo Paints, and Gland Pharma.
- Strength: Axis Capital is known for its capability to engage retail and institutional investors, utilizing its robust marketing and distribution network. The firm’s strong connections with both domestic and international investors have enhanced its high success rate.
- HSBC Securities & Capital Markets Pvt Ltd (Past IPO Performance)
- Overview: HSBC Securities & Capital Markets is the investment banking branch of HSBC, a global frontrunner in financial services.
- Past IPO Performance:
- HSBC has participated in international IPOs, including Gland Pharma, Sterlite Power Transmission, and InterGlobe Aviation (IndiGo).
- The firm has extensive expertise in managing cross-border IPOs and is especially adept at attracting foreign institutional investors.
- Strength: HSBC’s global reach and proficiency in structuring complex IPOs have aided the successful listings of numerous firms, particularly those aiming to raise funds from international markets.
- ICICI Securities Limited (Past IPO Performance)
- Overview: Part of the ICICI Group, ICICI Securities is a leading name in India’s investment banking and securities trading arenas.
- Past IPO Performance:
- ICICI Securities has played a major role in domestic IPOs such as HDFC Asset Management, ICICI Lombard General Insurance, and Metropolis Healthcare.
- It recently managed the successful IPO of LIC (Life Insurance Corporation of India), one of the largest in India’s history.
- Strength: ICICI Securities has a strong reputation for underwriting major IPOs, especially in the financial services and insurance sectors. Its extensive retail distribution network and strong connections with institutional investors guarantee successful capital raising.
- IIFL Securities Ltd (Past IPO Performance)
- Overview: A part of the IIFL Group, IIFL Securities is a significant entity in the Indian financial services sector, offering investment banking, securities trading, and wealth management services.
- Past IPO Performance:
- IIFL Securities has participated in IPOs like Pioneer Distilleries, SBI Life Insurance, and Equitas Small Finance Bank.
- IIFL is recognized for handling smaller and mid-sized IPOs, assisting emerging companies in accessing capital markets.
- Strength: The firm excels in market positioning and pricing for smaller firms and possesses a strong network for connecting with retail investors.
- Kotak Mahindra Capital Company Limited (Past IPO Performance)
- Overview: A part of Kotak Mahindra Group, Kotak Mahindra Capital is among India’s leading investment banks, providing services in equity capital markets, mergers and acquisitions, and corporate advisory.
- Past IPO Performance:
- Kotak Mahindra Capital has acted as the lead manager for numerous prominent IPOs, including Zomato, Nykaa, and ICICI Securities.
- Other significant IPOs managed by Kotak include HDFC Asset Management, Flipkart (via private placement), and Ola Electric.
- Strength: Kotak is known for its strong analytical skills, research expertise, and effective IPO pricing ability. It has consistently handled large and successful IPOs, attracting both institutional and retail investors.
- SBI Capital Markets Limited (Past IPO Performance)
- Overview: SBI Capital Markets is the investment banking division of State Bank of India (SBI), one of India’s largest public sector banks.
- Past IPO Performance:
- SBI Capital Markets has overseen IPOs for companies such as ICICI Prudential Life Insurance, Indian Railway Catering and Tourism Corporation (IRCTC), and HDFC Life Insurance.
- The firm has also played a key role in the GIC Re IPO, SBI Life Insurance, and Zee Entertainment offerings.
- Strength: As the investment banking division of SBI, this lead manager has a wide domestic network and is especially skilled at managing public sector undertakings (PSUs) and large IPOs, utilizing its robust relationships with government entities and institutional investors.
