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GRAND CONTINENT HOTELS LIMITED

  • Minimum Investment
    ₹1,28,400
  • Price Range
    ₹107 - ₹113
  • Issue Size
    ₹74.46 Cr
  • Lot Size
    1200 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the company

Expansion of hotel properties in India

General corporate purpose

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of GRAND CONTINENT HOTELS LIMITED

Premium mid-segment hospitality

The company excels in premium hospitality within the mid-priced segment, offering quality service and elegant accommodations at competitive rates. It provides spacious stays in prime locations with diverse culinary options and high hygiene standards

Geographical advantage

With properties in key business districts and entertainment hubs, the company caters to both business and leisure travellers. Strategic locations ensure convenience, reducing commute times while enhancing visibility and competitiveness in the market

Optimized asset management

The company’s hospitality assets stand out for their quality, positioning, and unique offerings. A dedicated asset management team focuses on optimizing operations, increasing occupancy and revenue, and ensuring cost efficiency through strategic procurement, marketing, and capital investments

Lease risks

Most properties operate under long-term leases or licenses. Failure to comply with terms, renew agreements, or secure favourable new terms could negatively impact business operations, financial performance, and cash flow

Reputation risks

Negative customer experiences or publicity could affect customer acquisition, potentially increasing promotional expenses and adversely impacting business and financial performance

Demand risks

Shifts in traveller preferences, cost concerns, spending habits, and competition from alternative accommodations may reduce hotel room demand, negatively impacting business performance and financial stability

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Income Statement

Also called a Profit & Loss statement, an Income Statement shows how a company has performed financially over a specific accounting period. It focuses on revenue, expenses, profits, and losses.
Created with Highcharts 11.0.0RevenueNet IncomeProfit Margin-10.0010.020.030.0-120%-80%-40%0%40%
Mar 2021Mar 2022Mar 2023Mar 2024
Particulars (In Cr)Mar 2024Y/Y Change
Operating Revenue22.86+51.69%
Other Income0.29+16.00%
Total Income23.15+51.11%
Total Expenditure17.56+30.36%
EBIDT0.00--
Depreciation0.70-31.37%
Interest3.530.00%
Tax-0.22--
Net Profit5.81+215.76%

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Created with Highcharts 11.0.0Total AssetsTotal LiabilitiesTotal Debt to Equity020.040.060.080.0-20000%0%20000%40000%60000%
Mar 2021Mar 2022Mar 2023Mar 2024
Particulars (In Cr)Mar 2024Y/Y Change
Total Current Assets13.81+712.35%
Total Non-Current Assets53.49+54.86%
Fixed assets36.09+30.95%
Total assets67.31+85.68%
Total Current Liabilities6.14+216.49%
Total Non-Current Liabilities31.93-6.77%
Total Capital Plus Liabilities67.31+85.68%
Total Shareholder Funds29.23+48616.67%
Total Debt to Equity1.10-99.79%

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Created with Highcharts 11.0.0OperatingInvestingFinancing-24.0-12.0012.024.0
Mar 2021Mar 2022Mar 2023Mar 2024
Particulars (In Cr)Mar 2024Y/Y Change
Cash from Operating Activity7.68+11.47%
Cash from Financing Activities19.89-610.00%
Cash from Investing Activities-19.65+529.81%
Net Cash Flow7.92-6192.31%

About GRAND CONTINENT HOTELS LIMITED

Grand Continent Hotels was incorporated on November 11, 2011. The company operates in the mid-scale hotels sector, catering to middle-class guests and business travellers with value-for-money services. It manages 16 hotels with 753 keys across Karnataka, Tamil Nadu, Goa, Andhra Pradesh, and Telangana.
  • Promoter
    Ramesh Siva
  • Promoter
    Vidya Ramesh

GRAND CONTINENT HOTELS LIMITED IPO FAQs

What is GRAND CONTINENT HOTELS LIMITED IPO?

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GRAND CONTINENT HOTELS LIMITED IPO refers to the initial public offering of shares by GRAND CONTINENT HOTELS LIMITED. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of GRAND CONTINENT HOTELS LIMITED IPO?

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For GRAND CONTINENT HOTELS LIMITED IPO the issue size is ₹74 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the GRAND CONTINENT HOTELS LIMITED IPO?

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For GRAND CONTINENT HOTELS LIMITED IPO the minimum investment is ₹1,28,400. The minimum investment for GRAND CONTINENT HOTELS LIMITED IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of GRAND CONTINENT HOTELS LIMITED IPO?

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For GRAND CONTINENT HOTELS LIMITED IPO the lot size is 1200 shares. The lot size of GRAND CONTINENT HOTELS LIMITED IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for GRAND CONTINENT HOTELS LIMITED IPO on Share.Market?

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To apply for GRAND CONTINENT HOTELS LIMITED IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the GRAND CONTINENT HOTELS LIMITED IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for GRAND CONTINENT HOTELS LIMITED IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for GRAND CONTINENT HOTELS LIMITED IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of GRAND CONTINENT HOTELS LIMITED IPO?

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For GRAND CONTINENT HOTELS LIMITED IPO the allotment date is March 25, 2025. The allotment date of GRAND CONTINENT HOTELS LIMITED IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of GRAND CONTINENT HOTELS LIMITED IPO?

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For GRAND CONTINENT HOTELS LIMITED IPO, the subscription opens on March 20, 2025 and closes on March 24, 2025. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Closed
20 Mar - 24 Mar
Total Subscription
1.87x Oversubscribed