Grand Continent Hotels Limited is a hotel chain in India. The company caters to the mid-market segment, operating 19 properties across six major Indian cities, offering over 900 rooms.
Each hotel is strategically located in prime urban areas, designed to meet the diverse needs of both business and leisure travelers.
Grand Continent Hotels elevates customer experience by providing straightforward service interactions, user-friendly infrastructure, and a commitment to delivering value for money. They prioritize sustained service levels, availability, and regularly benchmark and update their services to meet evolving guest expectations.
As of September 30, 2024, the company and JV Partner Entities operate 16 hotels with 753 keys across Karnataka (Bengaluru/Mysuru), Tamil Nadu (Hosur), Goa (Anjuna/Morjim), Andhra Pradesh (Tirupati), and Telangana (Secunderabad).
The company serves Indian middle-class guests and business travelers with differentiated, comfortable services and value-for-money propositions.
Each Grand Continent Hotels property is equipped with modern amenities and services, including:
- Well-furnished rooms with comfortable bedding, air conditioning, and workspaces
- On-site dining options serving a variety of cuisines
- Conference and banquet facilities for business meetings and events
- 24/7 front desk and customer support.
- Complimentary Wi-Fi and business services.
- Easy accessibility to transport hubs and commercial areas.
As of September 30 2024, the company had 538 employees in various departments.
Grand Continent Hotels IPO – Details
| IPO Opening Date | 20 March 2025 |
| IPO Closing Date | 24 March 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 65,89,200 Shares Worth ₹74.46 Crore Fresh Issue: 62,60,400 Shares Worth ₹70.74 Crore Offer For Sale: 3,28,800 Shares Worth ₹3.72 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹107 – ₹113 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Grand Continent Hotels IPO – Date Schedule
| IPO Open Date | 20 March 2025 |
| IPO Close Date | 24 March 2025 |
| Basis of Allotment | 25 March 2025 |
| Initiation of Refund | 26 March 2025 |
| Credit of Shares to Demat Account | 26 March 2025 |
| IPO Listing Date | 27 March 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 24, 2025 |
Grand Continent Hotels IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,35,600 |
| Retail (Max) | 1 | 1200 | ₹1,35,600 |
| HNI (Min) | 2 | 2400 | ₹2,71,200 |
Competitive Strengths
- Premium hospitality offerings in the mid-priced segment.
- Strategically located properties at prime areas.
- Proven track record of adding value through active asset management.
- Professional and experienced management team.
- Well-positioned to benefit from strong industry tailwinds.
Company Promoters
- Mr. Ramesh Siva
- Mrs.Vidya Ramesh
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 6.02 | 7.66 | -0.79 | 34.72 |
| 31 March 2023 | 17.04 | 15.14 | 1.04 | 37.07 |
| 31 March 2024 | 31.53 | 26.00 | 4.11 | 34.96 |
| 30 September 2024 | 31.86 | 23.86 | 6.81 | 40.22 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 25% |
| ROCE | 17% |
| Debt/Equity | 1.13 |
| RoNW | 26.67% |
| PAT Margin | 13.05 |
| Price to Book Value | 1.50 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 2.21 | 5.47 |
| P/E (x) | 51.24 | 20.67 |
Object Of The Issue
- Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the Company.
- Expansion of the Hotel properties in India.
- General corporate purposes.
Grand Continent Hotels IPO Promoter Holding
| Pre Issue Share Holding | 75.02% |
| Post Issue Share Holding | – |
Grand Continent Hotels IPO Prospectus
Company Contact Information
| Grand Continent Hotels Limited S No. 245/1A/1B, Venpursham Village, Veeralapakkam, Thiruporur, Chengalpattu, Mamallapuram, Kanchipuram, Tirukalikundram-603110 Phone: 080 4165 6491 Email: cs@grandcontinenthotels.com Website: https://grandcontinenthotels.com/ |
Grand Continent Hotels IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: grandcontinent.ipo@linkintime.co.in Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
Grand Continent Hotels IPO Lead Manager(s)
| 1. Indorient Financial Services Ltd |
Grand Continent Hotels IPO FAQs
| What is Grand Continent Hotels IPO? Grand Continent Hotels IPO is a SME IPO. The issue is priced at ₹107 to ₹113 per equity share. The IPO is to be listed on NSE SME. |
| When Grand Continent Hotels IPO will open? The IPO is to open on 20 March 2025 for QIB, NII, and Retail Investors. |
| What is Grand Continent Hotels IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Grand Continent Hotels IPO? You can apply Grand Continent Hotels IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Grand Continent Hotels IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Grand Continent Hotels IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Grand Continent Hotels IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Grand Continent Hotels IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Grand Continent Hotels IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Grand Continent Hotels IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Grand Continent Hotels IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Grand Continent Hotels IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Grand Continent Hotels IPO Size? Grand Continent Hotels IPO size is ₹74.46 Crore. |
| What is the Grand Continent Hotels IPO Price Band? Grand Continent Hotels IPO Price Band is ₹107 to ₹113. |
| What is Grand Continent Hotels IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1200 Shares with ₹1,35,600 amount while the maximum bid is 1200 Shares with ₹1,35,600. |
| What is the Grand Continent Hotels IPO Allotment Date? Grand Continent Hotels IPO allotment date is 25 March 2025. |
| What is the Grand Continent Hotels IPO Listing Date? Grand Continent Hotels IPO listing date is 27 March 2025. The IPO is to be listed on NSE SME. |
