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Ventive Hospitality lists with 12% premium on the BSE

30 Dec 2024 Evaluate

Ventive Hospitality has debuted at Rs 718.15 on the BSE, up by 75.15 points or 11.69% from its issue price of Rs 643. 

The scrip is currently trading at Rs 724.85, up by 81.85 points or 12.73% from its issue price. 

It has touched a high and low of Rs 748.80 and Rs 706.10 respectively. So far 6.56 lakh shares were traded on the counter.

The offering, which was open for subscription between December 20, 2024 and December 24, 2024 was subscribed 9.82 times. The issue price was fixed at Rs 643 per share i.e. at upper end of price band of Rs 610-643 apiece.

Ventive Hospitality is predominantly a hospitality asset owner primarily focused on luxury offerings across business and leisure segments. The company primarily focuses on developing and managing high-end luxury hotels and resorts.

Peers
Company Name CMP
The Indian Hotels Co 717.75
ITC Hotels 153.75
Mahindra Holi.&Resor 196.75
EIH 286.55
Chalet Hotels 876.35
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