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Grand Continent Hotels Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹113
Issue Price
₹113
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹113
GMP based
Lot Size
1,200
shares / lot
Min Amount
₹135,600
1 lot · 1,200 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
20 Mar 2025
Thu Completed
Done
Close Date
24 Mar 2025
Mon Completed
Done
Allotment
25 Mar 2025
Tue Completed
Done
Refund
26 Mar 2025
Wed Completed
Done
Demat Credit
26 Mar 2025
Wed Completed
Done
Listing Date
27 Mar 2025
Thu Completed
UPI Deadline: 24 Mar 2025
Issue Details
Pricing & Size
Issue Price
₹113 Face ₹10
Lot Size
1,200 shares
Min Investment
₹135,600
Total Issue Size
65,89,200 shares (aggregating up to ₹74.46 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
3,30,000 (5.01%)
QIB Portion
31,22,400 (47.39%)
NII / HNI
9,37,200 (14.22%)
Retail
21,87,600 (33.20%)
Employee
-
Net Offer to Public
62,59,200 shares (aggregating up to ₹70.73 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,86,59,003 shares
Post-Issue Shareholding
2,49,19,403 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,200 ₹1,35,600
HNI / NII 2 2,400 ₹2,71,200
Objects of Issue
3 objectives
1
Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the Company
34.08 Cr
2
Expansion of the Hotel properties in India
16.79 Cr
3
General Corporate Purpose
Lead Managers & Market Maker
Book Running Lead Managers
Indorient Financial Services Ltd
Market Maker
Alacrity Securities Ltd
IPO Timeline
Open
20 Mar
✓ Done
Close
24 Mar
✓ Done
Allotment
25 Mar
✓ Done
Listing
27 Mar
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
grandcontinent.ipo@linkintime.co.in
Company Contact
Email
cs@grandcontinenthotels.com
Phone
080 4165 6491
Address
S No. 245/1A/1B, Venpursham Village, Veeralapakkam, Thiruporur, Chengalpattu, Mamallapuram, Tirukalikundram Kanchipuram, Tamil Nadu, 603110
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹113
Est. Listing
₹113
Lot Size
1,200 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Grand Continent Hotels Ltd LIVE
INR ·
vs Issue
Open
High
Low
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P/E
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| Price
Market Reference
IPO Issue Price
₹113
GMP
+₹0 (+0%)
GMP Est. Listing
₹113
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 31,22,400 (47.39%) ₹3,528.31 Cr
NII / HNI (Total) 9,37,200 (14.22%) ₹1,059.04 Cr
Retail Investors 21,87,600 (33.20%) ₹2,471.99 Cr
Total ** 65,89,200 (100.00%) ₹74,457.96 Cr
Market Maker * 3,30,000 (5.01%) ₹37.29 Cr
* Based on ₹113.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
31,22,400 (47.39%)
NII
9,37,200 (14.22%)
Retail
21,87,600 (33.20%)
Market Maker
3,30,000 (5.01%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric30 Sep 202431 Mar 202431 Mar 2023
Revenue31.8631.5317.05
PAT6.814.121.05
EBITDA
Net Worth40.1829.990.59
Total Assets97.9473.9142.26
Reserves22.3626.00-0.42
Borrowings40.2234.9637.07
Key Financial Ratios
25%
ROE
Return on Equity
17%
ROCE
Return on Capital Employed
26.67%
RONW
Return on Net Worth
13.05%
PAT Margin
PAT / Revenue
1.13
D/E Ratio
Debt to Equity
1.50
P/BV
Price to Book Value
2.21
Pre EPS
EPS Pre-Issue
5.47
Post EPS
EPS Post-Issue
51.24
Pre P/E
P/E Pre-Issue
20.67
Post P/E
P/E Post-Issue
About Grand Continent Hotels Ltd

Founded in 2011, Grand Continent Hotels Limited is a hotel chain in India. The company caters to the mid-market segment, operating 19 properties across six major Indian cities, offering over 900 rooms.

Each hotel is strategically located in prime urban areas, designed to meet the diverse needs of both business and leisure travelers.

Grand Continent Hotels elevates customer experience by providing straightforward service interactions, user-friendly infrastructure, and a commitment to delivering value for money. They prioritize sustained service levels, availability, and regularly benchmark and update their services to meet evolving guest expectations.

As of September 30, 2024, the company and JV Partner Entities operate 16 hotels with 753 keys across Karnataka (Bengaluru/Mysuru), Tamil Nadu (Hosur), Goa (Anjuna/Morjim), Andhra Pradesh (Tirupati), and Telangana (Secunderabad).

The company serves Indian middle-class guests and business travelers with differentiated, comfortable services and value-for-money propositions.

Each Grand Continent Hotels property is equipped with modern amenities and services, including:

  • Well-furnished rooms with comfortable bedding, air conditioning, and workspaces
  • On-site dining options serving a variety of cuisines
  • Conference and banquet facilities for business meetings and events
  • 24/7 front desk and customer support.
  • Complimentary Wi-Fi and business services.
  • Easy accessibility to transport hubs and commercial areas.

As of September 30 2024, the company had 538 employees in various departments.

Competitive Strength

  • Premium hospitality offerings in the mid-priced segment.
  • Strategically located properties at prime areas.
  • Proven track record of adding value through active asset management.
  • Professional and experienced management team.
  • Well-positioned to benefit from strong industry tailwinds.
Frequently Asked Questions
What is the issue price of Grand Continent Hotels Ltd IPO?
The issue price of Grand Continent Hotels Ltd IPO is ₹113 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,200 shares, requiring ₹135,600.
What are the IPO dates?
Opens 20 Mar 2025, closes 24 Mar 2025.
When is the listing date?
Tentative listing: 27 Mar 2025 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹113 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Grand Continent Hotels Ltd IPO · Expected 25 Mar 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
25 Mar 2025
Refund Initiation
26 Mar 2025
Demat Credit
26 Mar 2025
Listing Date
27 Mar 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹113
Face ₹10
Lot Size
1,200
shares / lot
Min Amount
₹135,600
1 lot
Est. Listing
₹113
GMP +₹0
Key Dates
Open
20 Mar Done
Close
24 Mar Done
Listing
27 Mar Done
Registrar
MUFG Intime India Pvt.Ltd
A
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