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VENTIVE IPO

Ventive Hospitality Limited
Start Date20-12-2024
Application Timing10am-5pm
Price Range₹610 - ₹643
Min Qty23
Min. Investment₹14030
Listing DateNA
Close Date24-12-2024

About Ventive Hospitality Limited

Ventive Hospitality Limited is a hospitality asset owner with primary focus on luxury offerings across business and leisure segments. All of its hospitality assets are operated by or franchised from global operators, including Marriott, Hilton, Minor and Atmosphere. Company's luxury hospitality assets comprise JW Marriott, Pune, The Ritz-Carlton, Pune, Conrad, Maldives, Anantara, Maldives and Raaya by Atmosphere, Maldives.

Company's portfolio comprises 11 operational hospitality assets in India and Maldives, totalling 2,036 keys across the luxury, upper upscale, and upscale segments.

Why To Invest in Ventive Hospitality Limited

Hospitality asset owner focussed on luxury segment in India and Maldives.

The Company proposes to utilise the Net Proceeds from the Fresh Issue towards the funding of the following objects:

  1. Repayment/prepayment, in part or full, of certain of borrowings availed by the company
  2. For payment of interest accrued thereon and
  3. Step-down Subsidiaries, namely SS & L Beach Private Limited and Maldives Property Holdings Private Limited, including the payment of interest thereon through investment in such step-down Subsidiaries
Financial Table
Year202420232022
Revenue From Operations (Rs. Cr)477.9430.8229.1
Profit After Tax (Rs. Cr)166.3131.229.4
Strengths And Risks
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Premium hospitality assets : Company's hospitality portfolio includes marquee luxury assets that are operated by global hospitality brands. Its luxury hospitality assets comprise JW Marriott, Pune, The Ritz-Carlton, Pune, Conrad, Maldives, Anantara, Maldives, and Raaya by Atmosphere, Maldives.
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Established track record : Company holds a demonstrated track record over the last 15 years in developing marquee hospitality assets, executing landmark acquisitions and utilizing its design capabilities to create value in its acquisitions and establish a presence in desirable destinations across the Indian Ocean Region.
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Renowned promoters : Our Promoters are the Panchshil Promoters and the BRE Promoters. The Panchshil Group is affiliated with Panchshil Realty, one of India’s leading luxury real estate developers. The BRE Group is affiliated with Blackstone, the largest investor in hotels globally.
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Well-positioned : Hospitality market in Indian cities is substantially underpenetrated, compared to several global cities, both in terms of absolute hotel inventory and as a ratio vis-a-vis commercial office stock. Company is well positioned to benefit from the industry potential.
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Franchise model: Atmosphere. Thus, we are significantly dependent on our relationship with these third-party operators or franchisors and compliance with the terms of such agreements
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Location dependence: A significant portion (90%) of income is derived from assets concentrated in a few geographical locations, i.e. assets located in Pune and Maldives. Any adverse developments affecting such assets or locations could have an adverse effect on business.
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Fixed costs: Company incurs certain fixed costs and recurring costs in its operations and any inability to effectively manage such costs may have an adverse effect on business.
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