Grand Continent Hotels IPO Subscription Details

Bookbuilding IPO | ₹74 Cr | Listed at NSE SME | Thu, Mar 20, 2025 - Mon, Mar 24, 2025

Basis of Allotment - Grand Continent Hotels IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)12,49,20018,73,20031,22,4009,37,20021,87,60012,00062,59,200
Allotment price (Rs.)113113113113113113113
No.of applications107172221,82342,066
No.of shares applied36,66,00018,73,20055,39,20016,15,20027,76,80012,00099,43,200
Amount collected (Rs.cr.)41.43 21.17 62.59 18.25 31.38 0.14 112.36
No.of times subscribed2.931.001.771.721.271.001.59
No.of shares allotted12,49,20018,73,20031,22,4009,37,20021,87,60012,00062,59,200
Amount (Rs.cr.)14.12 21.17 35.28 10.59 24.72 0.14 70.73
No.of allottees107172221,82342,066

IPO Shares Offered

Grand Continent Hotels IPO is a public issue of 0.63 Cr equity shares. The issue offers 0.22 Cr shares to retail investors, 0.31 Cr shares to qualified institutional buyers, and 0.09 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker3,30,0003.73 5.01%
QIB 31,22,40035.28 47.39%
    Anchor 18,73,200 21.17 28.43%
    QIB (Ex Anchor) 12,49,200 14.12 18.96%
NII* 9,37,20010.59 14.22%
Retail21,87,60024.72 33.20%
Employee12,0000.14 0.18%
Total65,89,20074.46 100%

Grand Continent Hotels IPO Anchor Investor Allocation

A total of 18,73,200 shares at a price of Rs 113 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMar 19, 2025
Anchor investor price₹113.00
Anchor investors as % of QIBs59.99%
No. of shares locked-in for 30 days9,36,600
No. of shares locked-in for 90 days9,36,600
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NEGEN UNDISCOVERED VALUE FUND NEGEN 4,42,800 5.00 23.64 6.72
2 NIVESHAAY HEDGEHOGS FUND NIVESHAAY 4,42,800 5.00 23.64 6.72
3 INDIA MAX INVESTMENT FUND LTD. INDIA MAX INVESTMENT FUND LTD. 4,42,800 5.00 23.64 6.72
4 YR INVESTMENT OPPORTUNITIES FUND YR INVESTMENT 88,800 1.00 4.74 1.35
5 SAINT CAPITAL FUND SAINT CAPITAL 1,77,600 2.01 9.48 2.70
6 VIKASA CAPITAL INC. VIKASA 1,77,600 2.01 9.48 2.70
7 M7 GLOBAL FUND PCC-AMALTAS INDIA OPPORTUNITIES FUND M7 GLOBAL 1,00,800 1.14 5.38 1.53
18,73,20021.1710028.43

IPO Subscription FAQs

The Grand Continent Hotels IPO is subscribed 1.79 times by Mar 24, 2025 18:19.

Grand Continent Hotels IPO Subscription

Investor Category Subscription (times)
Qualified Institutional2.93
Non Institutional1.39
Retail Individual1.32
Total Subscription1.79

Retail category of Grand Continent Hotels IPO subscribed 1.32 times as of date Mar 24, 2025 18:19. The public issue closes on Mon, Mar 24, 2025 for bidding.

An investor can apply in Grand Continent Hotels IPO online via bank (using ASBA) or the broker (using UPI). The Grand Continent Hotels IPO shares are offered online only.

The Grand Continent Hotels IPO is subscribed 1.79 times by Mar 24, 2025 18:19.

The Grand Continent Hotels IPO allotment status is expected on or around Tuesday, March 25, 2025. Visit Grand Continent Hotels IPO allotment status to check.

The Grand Continent Hotels IPO listing date is March 27, 2025. The equity share of Grand Continent Hotels IPO will list on NSE SME.

Visit Grand Continent Hotels IPO subscription status page for real-time bidding information about Grand Continent Hotels IPO.

Grand Continent Hotels IPO Timetable

IPO opens OnThursday, March 20, 2025
IPO Closes OnMonday, March 24, 2025
Finalisation of Basis of AllotmentTuesday, March 25, 2025
Initiation of RefundsWednesday, March 26, 2025
Credit of Shares to Demat AccountWednesday, March 26, 2025
IPO Listing DateThursday, March 27, 2025
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