IPO - Initial Public Offerings

 GCHOTELS

  

GRAND CONTINENT HOTELS

20 Mar, 10:00 AM

Issue Open

24 Mar, 05:00 PM

Issue Close

1200

Lot Size

₹ 107.00 – ₹ 113.00

Price Range

IPO Issue Details

Issue size 74cr
Market Price 113.00
Registrar Link Intime India Private Ltd
Face Value RS.10 /- Per share
Listing at NSE

About

GRAND CONTINENT HOTELS
Incorporated in 2011, Grand Continent Hotels Limited operates hotels across multiple cities in India, focusing on the mid-market segment. The company currently manages 16 properties with 753 hotel keys as of September 30, 2024. Its services cater to both business and leisure travelers, with a range of accommodations and amenities. The company operates in key cities such as Bengaluru, Mysuru, Hosur, Goa, Tirupati, and Secunderabad, offering facilities like on-site dining, conference rooms, and transportation services.

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 1200 ₹ 1,35,600.00
S-HNI  (2 Lakh to 10 Lakh) 2 2400 ₹ 2,71,200.00
S-HNI  (2 Lakh to 10 Lakh) 7 8400 ₹ 9,49,200.00
B-HNI  (Above 10 Lakh) 8 9600 ₹ 10,84,800.00

IPO TimeLine

Open Date 20-Mar-2025
Close Date 24-Mar-2025
Basis of Allotment Date 25-Mar-2025
Initiation of Refunds 26-Mar-2025
Credit Shares to Demat A/c 26-Mar-2025
IPO Listing Date 29-Mar-2025