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Ventive Hospitality Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Ventive Hospitality Ltd IPO

Registered Office: 5th Flr Tower D Tech Park One,Yerwada , Pune - 411006 , Maharashtra , India.
Phone : +91 20 6906 1900   Fax:
Email :  cs@ventivehospitality.com  
Website :  www.ventivehospitality.com
Initial public offer of up to [*] equity shares of face value of Re. 1 each ("Equity Shares") of Ventive Hospitality Limited (formerly known as ICC Realty (India) Private Limited) ("Company") for cash at a price of (Rs)[*] per equity share of face value of Re. 1 each (including a securities premium of (Rs)[*] per equity share) ("Issue Price") aggregating up to (Rs)1600.00 crores ("Fresh Issue or "The "Issue"). The issue shall constitute [*]% of the post-issue paid-up equity share capital of the company. This issue includes a reservation of up to [*] equity shares of face value Re. 1 each (constituting up to [*]% of the post-issue paid-up equity share capital of the company) aggregating up to (Rs)1.00 crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The company, in consultation with the brlms may offer a discount of up to [*]% of the issue price to eligible employees bidding in the employee reservation portion ("Employee Discount") if any, subject to necessary approvals as may be required. The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute [*]% and [*]% of its post-issue paid-up equity share capital of the company, respectively. Price Band: (Rs)610 to (Rs)643 per equity share of face value of Re. 1 each. The Floor price is 610 times the face value of the equity shares and cap price is 643 times the face value of the equity shares. Bid can be made for a minimum of 23 equity shares and in multiples of 23 equity shares. A discount of (Rs)30 per equity share is being offered to eligible employee bidding in the employee reservation portion.

Issue Money Payable On
Opens On Closes On Application Allotment
20-Dec-24 24-Dec-24 (Rs)610.00-643.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :23  Further Multiples of :23

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Axis Capital Ltd
Project Financed through Current Offer 1600.00  
Post Issue Equity Share Capital 23.35  
Issue Price (Rs)610.00  
 
Projects
Repayment/prepayment in part or full of certain of borrowings availed byGeneral corporate purposes
Promoted By
Atul I Chordia HUF  
Premsagar Infra Realty Pvt Ltd  
BRE Asia ICC Holdings Ltd  
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd