Fri Dec 20 09:49:42 UTC 2024: ## Ventive Hospitality IPO Allotment Set for December 26th, Listing Expected December 30th

**New Delhi –** Ventive Hospitality’s initial public offering (IPO), a Rs 1,600 crore book-built issue of fresh shares, will have its allotment finalized on December 26th, 2024. The company’s shares are slated to list on both the BSE and NSE on December 30th, 2024.

The IPO, which saw Rs 719 crore raised from anchor investors including prominent names like the Government Pension Global Fund and SBI Life Insurance Company, has a price band of Rs 610-643 per share. The minimum investment for retail investors is Rs 14,789 (23 shares), while significantly higher investments are required for other investor categories.

Current grey market premium (GMP) estimates suggest a potential listing price around Rs 710, indicating a possible 10.42% gain. However, investors are cautioned that GMP is an unofficial indicator and doesn’t guarantee returns.

Ventive Hospitality, established in 2002, operates 11 hotels and resorts across India, including locations in the Maldives, Bengaluru, Pune, and Varanasi. The company manages properties under globally recognized brands such as Hilton, Marriott, Minor, and Atmosphere, offering a total of 2,036 rooms catering to both leisure and business travelers.

**(Disclaimer: This article is for informational purposes only. News9live.com does not endorse any investment decisions.)**

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