Grand Continent IPO GMP Today, Date, Price, Subscription Status

Grand Continent  IPO Overview

Grand Continent Hotels IPO, a book-built issue of ₹74.46 crores, consists of a fresh issue of 62.60 lakh shares (₹70.74 crores) and an offer for sale of 3.29 lakh shares (₹3.72 crores). The IPO opens on March 20, 2025, and closes on March 24, 2025, with allotment expected on March 25, 2025. It will list on NSE SME on March 27, 2025. The price band is set at ₹107-₹113 per share, with a minimum lot size of 1,200 shares, requiring a retail investment of ₹1,28,400 (₹1,35,600 at cutoff price). HNIs must invest in at least two lots (₹2,71,200). Indorient Financial Services Ltd is the book-running lead manager, Link Intime India Private Ltd is the registrar, and Alacrity Securities Ltd is the market maker. For details, refer to  Grand Continent Hotels IPO RHP for detailed information.

Important dates Grand Continent IPO

Grand Continent Hotels IPO opens on March 20, 2025, and closes on March 24, 2025.

 Financial Performance Grand Continent IPO

Key Performance Indicator Grand Continent IPO

The market capitalization of Grand Continent Hotels IPO is Rs 281.59 Cr.

KPI as of Sun, Mar 31, 2024.

Objectives Grand Continent IPO

The Company Grand Continent Hotels IPO plans to utilize the Net Proceeds from the Issue for the following purposes:

• Repayment and/or prepayment (full or partial) of certain outstanding borrowings: ₹340.81 million
• Expansion of hotel properties across India: ₹167.92 million
• General corporate purposes

Lot Size Grand Continent IPO

Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Grand Continent  IPO Details

Company Overview and Services Grand Continent IPO

Grand Continent Hotels Limited (founded in 2011) is a mid-market hotel chain in India, operating 19 properties across six major cities with over 900 rooms. The company focuses on providing affordable, comfortable stays for business and leisure travelers, with strategically located hotels in prime urban areas.

As of September 30, 2024, Grand Continent Hotels and its JV partners operate 16 hotels with 753 keys across Karnataka, Tamil Nadu, Goa, Andhra Pradesh, and Telangana. The company employs 538 professionals across various departments.

Key Offerings:

• Well-furnished rooms with modern amenities
• On-site dining and business facilities
• Conference & banquet spaces
• 24/7 front desk and customer support
• Complimentary Wi-Fi and easy access to transport hubs

Competitive Strengths:

• Premium hospitality at mid-market pricing
• Prime location advantage
• Strong asset management expertise
• Experienced leadership team
• Positioned for growth in a booming hospitality sector

SWOT Analysis Grand Continent IPO

Strengths 💪

• Established Mid-Market Presence: Strong brand catering to business and leisure travelers.
• Strategic Locations: Hotels in prime urban areas, ensuring accessibility and demand.
• Affordable Yet Premium Offerings: Competitive pricing with modern amenities.
• Experienced Management: Leadership with expertise in hospitality and asset management.
• Consistent Growth: Expansion plans and track record of operational efficiency.

Weaknesses ⚠

• Dependence on Limited Markets: Operations are concentrated in six cities.
• High Operational Costs: Hospitality requires continuous investment in maintenance and upgrades.
• Competitive Pressure: Faces stiff competition from established hotel chains and budget hospitality brands.

Opportunities 🚀

• Growing Hospitality Sector: Rising travel and tourism trends boost demand.
• Expansion Potential: Plans to increase properties across India.
• Increasing Business Travel: More corporate travelers seeking mid-range accommodations.
• Digital Transformation: Leveraging online platforms for direct bookings and customer engagement.

Threats ⚡

• Economic Slowdowns: Any downturn affects discretionary spending on travel.
• Regulatory & Compliance Risks: Hospitality industry faces stringent regulations.
• Market Competition: Large domestic and international hotel chains pose a challenge.
• Seasonal Demand Fluctuations: Revenue can be impacted by off-peak seasons.

GMP Details Grand Continent IPO

GMP for Grand Continent Hotels SME IPO has not started yet. We are updating the GMP information on a daily basis. Please visit us again soon for the latest GMP updates.

GMP Date	IPO Price	GMP	Sub2 Sauda Rate	Estimated Listing Price	Last Updated
17-03-2025	113.00	₹0	—	₹ (0.00%)	17-Mar-2025
16-03-2025	113.00	₹0	—	₹ (%)	16-Mar-2025

Subscription Status Grand Continent IPO

 Allotment status Grand Continent IPO 

Grand Continent Hotels IPO allotment is expected on Tuesday, March 25, 2025.

Contact Details Grand Continent IPO

Grand Continent Hotels Limited
S No. 245/1A/1B, Venpursham Village,
Veeralapakkam, Thiruporur, Chengalpattu,
Mamallapuram, Kanchipuram, Tirukalikundram-603110
Phone: 080 4165 6491
Email: cs@grandcontinenthotels.com
Website: https://grandcontinenthotels.com/

Disclaimer

Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.

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