The IPO of Ventive Hospitality Ltd, a luxury hotels and resorts manager, closed with strong subscription on December 24. As the bidding period has ended, investors are now eagerly awaiting the IPO allotment status, which is expected to be announced today, December 26. With the public issue closing, investors are focusing on the allotment process, as the shares could be listed as soon as December 30.
Key Dates for Ventive Hospitality IPO
- IPO Subscription Period: December 20 to 24
- Allotment Date: Likely today, December 26
- Listing Date: December 30, 2024
The IPO was a fresh issue of 2.49 crore equity shares, with a price band set between ₹610 and ₹643 per share. The issue raised ₹1,600 crore from the book-built process.
Subscription Status
Ventive Hospitality’s IPO was oversubscribed by 9.82 times, with 14.17 crore shares bid for against the issue size of 1.44 crore shares. The retail portion was subscribed 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.
How to Check Ventive Hospitality IPO Allotment Status
Investors can check the allotment status through BSE, NSE, or the official registrar website (Kfin Technologies). Here’s how to do it:
Check on BSE
- Visit the BSE IPO status page
- Select ‘Equity’ as the Issue Type
- Choose ‘Ventive Hospitality Limited’ from the dropdown
- Enter Application No. or PAN
- Verify the CAPTCHA and click ‘Search’
Your IPO allotment status will be displayed.
Check on Kfin Technologies
- Visit the Kfin IPO status page
- Select ‘Ventive Hospitality Limited’ from the dropdown
- Choose either Application No., Demat Account, or PAN
- Enter the details as required
- Enter the CAPTCHA and click ‘Submit’
Your allotment status will be displayed on the screen.
Ventive Hospitality IPO Grey Market Premium (GMP)
As of today, the IPO is commanding a strong grey market premium (GMP) of ₹72 per share. This suggests that Ventive Hospitality shares are likely to list at around ₹715, which is an 11.2% premium over the issue price of ₹643.
