Thu Jan 30 16:42:25 UTC 2025: **ITC Hotels to Debut on Stock Exchanges with Anticipated High Price Range**

**Mumbai, India** – ITC Hotels is set to begin trading on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Wednesday, January 29, 2025, at 9:15 am. The demerger from parent company ITC was finalized on January 1, 2025, with ITC retaining a 40% stake and existing shareholders receiving one ITC Hotels share for every ten ITC shares held.

While a definitive listing price remains unannounced, pre-listing estimates vary widely. Nuvama predicts a price near ₹200 per share, Nomura forecasts ₹200-₹300, while SBI Securities and a Financial Express report suggest a range of ₹113-₹170.

The company allotted 125.11 crore equity shares to ITC shareholders on January 11, initially marked as “dummy tickets” which will become tradeable upon listing. ITC shares underwent price adjustments on January 6th to reflect the demerger.

The inclusion of ITC Hotels in benchmark indices Sensex and Nifty will be temporary, lasting only three trading days unless circuit breakers are triggered. The demerger has reshaped ITC’s market capitalization, with shareholders now holding stakes in two separate entities.

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