Grand Continent Hotels IPO Allotment Status

Grand Continent Hotels IPO is a fixed-price issue of ₹74.46 crore, comprising 62.6 lakh fresh shares at ₹107-₹113 each. The IPO saw a subscription of over 1.79 times on its final day. The Qualified Institutional Buyers (QIB) segment was subscribed 2.93 times, while the Non-Institutional Investors (NII) and Retail Individual Investors (RII) segments were subscribed 1.39 times and 1.32 times, respectively.

The IPO opened for subscription on March 20, 2025, and closed on March 24, 2025. The price range for the offer was set between ₹107 and ₹113 per share, with a face value of ₹10. The company recorded a revenue of ₹31.53 crore in 2024, up from ₹17.05 crore in 2023. Its net profit also rose to ₹4.12 crore in 2024 from ₹1.05 crore in 2023.

How to Check Grand Continent Hotels IPO Allotment Status Online on BSE?

• Go to the application status page.
• Select “Equity” under the Issue Type.
• Choose “Grand Continent Hotels” from the Issue Name dropdown.
• Provide your Application Number or PAN.
• Click on “I am not a robot” and Submit.

How to Check Grand Continent Hotels IPO Allotment Status Online on the Registrar’s Website?

• Go to the registrar’s official website.
• Select “Grand Continent Hotels” from the company list.
• Enter your Client ID, Application Number, or PAN.
• Click on Submit.

Grand Continent Hotels IPO Details

Grand Continent Hotels IPO, valued at ₹74.46 crore, includes a fresh issue of ₹70.74 crore and an offer for sale of ₹3.72 crore. The subscription ran from March 20-24, 2025, with a listing on NSE SME expected on March 27, 2025. The price band is ₹107-₹113, with a lot size of 1,200 shares.

Allocation Quota for Grand Continent Hotels

The table below breaks down the Grand Continent Hotels share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.

Data Source: BSE-SME

Grand Continent Hotels IPO – Overall Subscription Status

Note: The final subscription details is as of March 24, 2025

Grand Continent Hotels Business Overview

Grand Continent Hotels Limited, established in 2011, operates a mid-market hotel chain across 6 major Indian cities with 19 properties and over 900 rooms. Catering to business and leisure travelers, the company emphasises value-for-money stays with modern amenities and efficient service.

As of September 30, 2024, it managed 16 hotels with 753 keys in Karnataka, Tamil Nadu, Goa, Andhra Pradesh, and Telangana. Key offerings include well-furnished rooms, on-site dining, conference facilities, 24/7 customer support, and complimentary Wi-Fi. Focused on Indian middle-class and business travellers, the company employs 538 staff members to ensure quality service and guest satisfaction.

Know more about IPO allotment status and check your application details online for the latest updates on share allocation.

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Investments in the securities market are subject to market risks, read all the related documents carefully before investing.