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Issue Open Date
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20-Mar-25
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Issue Closing Date
|
24-Mar-25
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|
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Application Money
|
100
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Allotment Money
|
|
|
|
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Price Band
|
107
-
113
|
|
|
|
Minimium Application No.
|
1200
|
|
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Issue Size (Shares)
|
4716000
|
|
|
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Market Lot
|
1.00
|
|
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Objective
|
|
|
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1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company2. Expansion of our Hotel properties in India3. General Corporate Purpose
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Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
|
Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
|
1630800
|
NA
|
|
Qualified Institutional Buyers
|
|
3666000
|
NA
|
|
Retail Individual Investors
|
|
2888400
|
NA
|
|
|
|
|
Business Description
|
|
|
| We operate in the mid-scale hotel sector, consisting of the upper-mid priced, mid-priced and economy hotel segments. Weseek to cater to Indian middle-class guests and business travellers and to deliver differentiated yet superior service offerings,with a value |
|
more... |
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Promoter's Holding
|
|
|
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Total Share Capital
|
13997300
|
|
|
|
Offered to Public
|
6589200
|
|
|
|
Promoter's Holding (Pre-Issue)
|
75.02
|
|
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Promoter's Holding (Post-Issue)
|
|
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Address |
S No. 245/1 A/1 B
Venpursham Village
Veeralapakkam
Thiruporur
Chengalpattu
Mamallapuram
Tirukalikundram
Kanchipuram
,
Tamil Nadu
,
603110
Phone:
044-35808280
Email:
infoblr@grandcontinenthotels.com
Website:
www.grandcontinenthotels.com
|
|
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Registrar |
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
|
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Listed at |
|
NSE
|
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Lead Manager |
|
Indorient Financial Services Ltd.
|
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Promoters |
Ramesh Siva
Vidya Ramesh
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|
