The allotment for the highly anticipated Ventive Hospitality IPO has now been completed. Investors who applied for shares can check their allotment status online using simple steps. Ventive Hospitality is a luxury hotel and resort management company, and its IPO attracted a lot of interest from retail and institutional investors.
Key Dates for Ventive Hospitality IPO
- IPO Application Window: The IPO application period is from December 20 to December 24, 2024.
- Allotment Finalization Date: December 27, 2024.
- Listing Date: The shares are set to be listed on the stock exchanges on December 30, 2024.
Subscription Details
The IPO saw significant interest, achieving a subscription level of 9.82 times. Retail investors booked their portion 5.94 times, Non-Institutional Investors (NIIs) subscribed 13.87 times, and Qualified Institutional Buyers (QIBs) subscribed 9.08 times.
How to Check Ventive Hospitality IPO Allotment Status
Investors can check the allotment status through BSE, NSE, or the IPO registrar, Kfin Technologies. Follow these easy steps:
1. BSE Website
- Go to the BSE website: https://www.bseindia.com/investors/appli_check.aspx
- Select “Equity” as the issue type.
- Choose “Ventive Hospitality Limited” from the dropdown.
- Enter your application number or PAN.
- Verify the captcha and click “Search.”
2. Kfin Technologies Website
- Visit the registrar’s website: https://kosmic.kfintech.com/ipostatus/
- Select “Ventive Hospitality Limited” from the IPO list.
- Please share your application reference, PAN, or Demat account details.
- Complete the captcha and click “Submit.”
3. NSE Portal
- Go to the NSE website: https://www.nseindia.com.
- Navigate to the IPO allotment page.
- Kindly provide your application number, PAN, or Demat account details.
- Click “Submit” to view the allotment status.
The Grey Market Premium (GMP) for the Ventive Hospitality IPO is approximately ₹72 per share at present. This indicates strong demand for the shares in the grey market, with an estimated listing price of ₹715, about 11% higher than the issue price of ₹643.
IPO Details
Ventive Hospitality raised ₹1,600 crore through this IPO by issuing 2.49 crore fresh equity shares. The IPO price range was set between ₹610 and ₹643 per share.
Important Notes for Investors
- The shares assigned to the investors will be transferred to their Demat accounts.
- Refunds for unsuccessful applications will be initiated promptly.
- The listing date of December 30 is subject to change based on market conditions.
By following these simple steps, investors can easily check their allotment status and prepare for the upcoming listing of Ventive Hospitality shares on BSE and NSE. Before investing in any IPO, it’s crucial to conduct thorough research to understand the risks and potential rewards.
