Ventive Hospitality Limited
- Minimum Investment₹14,030
- Price Range₹610 - ₹643
- Issue Size₹1,600.00 Cr
- Lot Size23 shares
Proceeds of this IPO to be used for
Re/prepayment in part or full, of certain borrowings.
General corporate purposes.
Strengths & Weaknesses of Ventive Hospitality Limited
Established track record
As of March 31, 2024, the company's portfolio includes seven developed hospitality assets with 1,331 keys and four acquired assets with 705 keys, reflecting its growth through development and acquisitions in India and the Maldives
Well-positioned to benefit from industry tailwinds
The hotel sector significantly boosts India’s economy through GDP growth, investments, employment, foreign exchange earnings, and tax revenues. Demand is fueled by business and leisure travel, staycations, and events like weddings and conferences
Lacks consolidated operating history
The company lacks a consolidated operating history to assess overall performance and has reported pro forma losses in FY24. Failure to successfully integrate and operate acquired properties could negatively impact its business, financial condition, cash flows, and results
Franchisee model
Most of the company's hospitality assets are operated by or franchised by Marriott and Hilton, making up 8 of 11 assets and 78.05% of keys as of March 31, 2024, contributing 50.92% of pro forma income for FY24. Termination or non-renewal of these agreements could adversely affect their business and financial condition
Financials
Earnings Per Share
No Data
Balance Sheet
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Total Debt to Equity | -- |
Cash Flow
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About Ventive Hospitality Limited
- PromoterAtul I. Chordia