Ventive Hospitality Limited, a premier division of Panchshil Realty, is a visionary owner, developer, and asset manager of luxury and business hotels and resorts. With a strong presence in Pune, India, and the Maldives, the company is recognized for curating remarkable experiences defined by landmark properties, sustainable practices, and strategic growth.
Portfolio and Operations:
As of 2024, Ventive Hospitality operates 11 fully operational hotels with 2,036 rooms across business and luxury segments. Their portfolio also includes mixed-use commercial and retail spaces totaling approximately 3.4 million square feet. The company is expanding with two new hospitality projects in India and Sri Lanka, poised to elevate their legacy of excellence.
Financial Performance:
In the fiscal year 2022, Ventive Hospitality reported a loss of ₹146.20 crore, which improved to a profit of ₹15.68 crore in FY23, and further to ₹66.75 crore in FY24. The company’s EBITDA for FY22, FY23, and FY24 were ₹492.43 crore, ₹771.12 crore, and ₹869.77 crore, respectively, showing a growth at a CAGR of 32.90% during this period. The EBITDA margins for the same period were 41.12%, 43.76%, and 45.60%, respectively.
Recent Developments:
In December 2024, Ventive Hospitality launched its Initial Public Offering (IPO) to raise ₹1,600 crore through a fresh issue of shares. The IPO, with a price band of ₹610 to ₹643 per share, opened on December 20, 2024, and closed on December 24, 2024. The company plans to utilize the net proceeds for debt repayment and general corporate purposes.
Strategic Growth and Expansion:
Ventive Hospitality focuses on strategic acquisitions of existing properties and the development of new projects in key markets. This approach, coupled with its strong client base and strategic partnerships, positions the company for continued growth and success in the hospitality and commercial real estate industries.
Ventive Hospitality Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 20 Dec 2024 |
| IPO Close Date | 24 Dec 2024 |
| Allotment Date | 26 Dec 2024 |
| IPO Listing Date | 30 Dec 2024 |
Ventive Hospitality Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 1 Per Equity Share |
| IPO Price | Rs. 610 to Rs. 643 Per Equity Share |
| Market Lot | 23 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 1600 Crore. |
Ventive Hospitality Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 23 | Rs. 14789 |
| Maximum | 13 | 299 | Rs. 192257 |
| Small HNI (Minimum) | 14 | 322 | Rs. 207046 |
| Big HNI (Minimum) | 68 | 1564 | Rs. 1005652 |
Ventive Hospitality Limited IPO Allotment Status
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Company Financials:
| Particular | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Total Assets | 8794.10 | 8606.17 | 810.41 |
| Total Revenue | 1907.38 | 1762.19 | 1197.61 |
| Profit After Tax | -66.75 | 15.68 | -146.20 |
Company Promoters:
The company’s Promoters are Atul I. Chordia, Atul I. Chordia HUF, Premsagar Infra Realty Private Limited, BRE Asia ICC Holdings Ltd and BREP Asia III India Holding Co VI Pte. Ltd.
Objects of this Issue:
- Repayment, in part or full, of certain of borrowings availed by the company.
- For payment of interest accrued thereon.
- 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.
- General corporate purposes.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Ventive Hospitality Limited 2 nd Floor, Tower D, Tech Park One Yerwada Pune, 411006 Phone: +91 2069061900 Email: CS@ventivehospitality.com Website: https://www.ventivehospitality.com/ | Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: ventive.ipo@sbicaps.com Website: https://kosmic.kfintech.com/ipostatus/ |
