Markets / IPO / Grand Continent Hotels

Grand Continent Hotels IPO

Updated 17:57

SME IPO on NSE Emerge · Hotels & Resorts

Status
Listed
Price band
₹107–113
Lot size
1200 shares · ₹1,35,600
Subscribed
–

How it listed

Issue price
₹113
Listing price (open)
₹112.90 -0.09%
First-day close
₹107.25 -5.09%
Price now
₹99.50 -11.95%
Listing day27 Mar 2025
Open / high / low / close₹112.90 / ₹112.90 / ₹107.25 / ₹107.25
Shares traded on NSE8,37,600
Market value at the listing-day close₹267 cr

Closing prices since listing: 26 Oct ₹101.60, 27 Oct ₹102.50, 28 Oct ₹102.75, 29 Oct ₹103.00, 30 Oct ₹101.00, 2 Nov ₹96.95, 3 Nov ₹100.50, 4 Nov ₹101.90, 5 Nov ₹99.25, 6 Nov ₹99.50.

Grand Continent Hotels share price, live chart and technicals →

Key dates

Bidding opens20 Mar 2025
Bidding closes24 Mar 2025
Allotment25 Mar 2025
Refunds and shares in demat26 Mar 2025
Listing27 Mar 2025

Lot size by investor type

ApplicationLotsSharesAmount
Individual investor (minimum)11,200₹1,35,600
HNI (minimum)22,400₹2,71,200

At ₹113 a share. In SME IPOs individuals must bid for at least 1 lots.

Subscription

Investor categoryShares bid for
Institutions (QIB)8,83,200
HNI / NII4,59,600
Retail9,27,600
Employees9,600
Total22,80,000

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 21 Mar 2025 17:00.

Applications from individual investors

2,407 applications in the individual investors' category.

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Demand at each price

Top price ₹11315.82 lakh shares69.4%
Cut-off final price, whatever it is; mostly retail6.70 lakh shares29.4%
Lower prices ₹107–1120.29 lakh shares1.3%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date19 Mar 2025
Anchor shares18,73,200
Raised from anchors₹21.17 cr
Lock-in ends for the first 50% (30 days)23 Apr 2025
Lock-in ends for the remaining 50% (90 days)22 Jun 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

At issue priceNow
Market value₹282 cr₹248 cr
P/E (last 12 months' profit)22.720.0
Revenue, last 12 months₹141 cr
Profit, last 12 months₹12 cr
Return on equity–
Debt to equity–

From results the company filed with NSE (latest period to 31 Mar 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Hotels & Resorts

CompanyListedSubscribedOn listingSince IPO
Suba Hotels SME7 Oct–+38.92%-21.80%
Brigade Hotel Ventures 31 Jul4.48×-9.89%-40.54%
Schloss Bangalore 2 Jun4.50×-6.67%+59.15%
Ventive Hospitality 30 Dec9.82×+11.35%-15.93%

IPO details

Price band₹107–113
Final issue price₹113
Lot size1200 shares
Minimum investment₹1,35,600 (1 lot)
MarketNSE Emerge (SME)
Issue type100 % Book Building
Face value₹10
IndustryHotels & Resorts
Issue size₹74.46 crore (about 65.89 lakh shares) · Fresh issue + offer for sale: fresh ₹70.74 cr, offer for sale ₹3.72 cr
ISININE12E301017
RegistrarMUFG Intime India Private Limited (Formerly Link Intime India Private Limited)
Helpline: +91 810 811 4949, grandcontinent.ipo@linkintime.co.in
Lead managersIndorient Financial Services Limited
ProspectusRed herring prospectus (NSE)

Check allotment status

Allotment was finalised on 25 Mar 2025. Check it on the registrar's page (MUFG Intime India Private Limited (Formerly Link Intime India Private Limited)), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Grand Continent Hotels IPO price band and lot size?

The price band is ₹107–113 per share, and one lot is 1200 shares (₹1,35,600 at the upper price).

When is the Grand Continent Hotels IPO allotment date?

Allotment was finalised on 25 Mar 2025, the next working day after bidding closed on 24 Mar 2025.

How many times was the Grand Continent Hotels IPO subscribed?

Subscription figures are not available yet.

What is the Grand Continent Hotels IPO listing date?

It listed on 27 Mar 2025 on NSE Emerge (SME).

When does the Grand Continent Hotels anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 23 Apr 2025 and the 90-day lock-in on the rest ends on 22 Jun 2025; they can sell from the next trading day.

What was the Grand Continent Hotels listing gain?

It opened at ₹112.90 against an issue price of ₹113, a loss of 0.09%. It is now down 11.95% from the issue price.