Grand Continent Hotels Limited IPO GMP

Grand Continent Hotels operate in the mid-scale hotel sector, consisting of the upper-mid priced, mid-priced and economy hotel segments. They seek to cater to Indian middle-class guests and business travellers and to deliver differentiated yet comfortable service offerings, with a value-for-money proposition. The Company along with the JV Partner Entities have 16 operational hotel properties and operates a total of 753 hotel keys as of September 30,2024 across states of Karnataka (Bengaluru/Mysuru), Tamil Nadu (Hosur), Goa (Anjuna/Morjim), Andhra Pradesh (Tirupati) and Telangana (Secunderabad).

Grand Continent Hotels, an Book Built Issue amounting to ₹ 74.45 Crores, consisting an Fresh Issue of 62.60 Lakh Shares worth ₹ 70.74 Crores and an Offer for Sale of 3.28 Lakh Shares totaling to ₹ 3.71 Crores. The subscription period for the Grand Continent Hotels IPO opens on March 20, 2025, and closes on March 24, 2025. The allotment is expected to be finalized on or about Tuesday, March 25, 2025, and the shares will be listed on the NSE SME with a tentative listing date set on or about Thursday, March 27, 2025.

The Share Price of Grand Continent Hotels IPO is set at ₹ 107 to ₹ 113 per equity share. The Market Capitalisation of the Grand Continent Hotels Limited at IPO price of ₹ 113 per equity share will be ₹ 281.58 Crores. The lot size of the IPO is 1,200 shares. Retail investors are required to invest a minimum of ₹ 1,35,600, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,400 shares), amounting to ₹ 2,71,200.

INDORIENT FINANCIAL SERVICES LIMITED is the book running lead manager of the Grand Continent Hotels IPO, while MUFG Intime India Private Limited is the registrar for the issue. Alacrity Securities Limited is the Market Maker for Grand Continent Hotels IPO.

Grand Continent Hotels Limited IPO GMP Today
The Grey Market Premium of Grand Continent Hotels Limited IPO is expected to be ₹ 17 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Grand Continent Hotels Limited IPO Live Subscription Status Today: Real-Time Update
As of 11:00 AM on March 20, 2025, the Grand Continent Hotels Limited IPO live subscription status shows that the IPO subscribed 0.09 times on its First day of subscription period. Check the Grand Continent Hotels IPO Live Subscription Status Today at NSE.

Grand Continent Hotels IPO Anchor Investors Report
Grand Continent Hotels has raised ₹ 21.16 Crores from Anchor Investors at a price of ₹ 113 per shares in consultation of the Book Running Lead Managers. The company allocated 18,73,200 equity shares to the Anchor Investors. Check Full List of Grand Continent Hotels Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion

Grand Continent Hotels Limited Day Wise IPO GMP Trend

Grand Continent Hotels Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Grand Continent Hotels IPO allotment date is 25 March, 2025, Tuesday. Grand Continent Hotels IPO Allotment will be out on 25 March, 2025 and will be live on Registrar Website from the allotment date. Check Grand Continent Hotels IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Grand Continent Hotels Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Grand Continent Hotels Limited IPO
Grand Continent Hotels proposes to utilise the Net Proceeds towards the following objects: 
1. ₹ 3,408.08 Lakhs is required for Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the Company
2. ₹ 1,679.24 Lakhs is required for Expansion of the Hotel properties in India
3. General Corporate Purpose

Refer to Grand Continent Hotels Limited RHP for more details about the Company.