Ventive Hospitality IPO: Check key dates, price band, GMP and review
IPO) of Ventive Hospitality will open for subscription today. The Rs 1600 crore issue, which is entirely a fresh equity sale of 2.48 shares, will be available for bidding till December 24.
The proceeds from the offer will be used for repayment of debt, payment of interest accrued in step-down subsidiaries and general corporate purposes.
Ventive Hospitality IPO: price band
The company has fixed a price band of Rs 610-643 per share, where investors can bid for 23 shares in one lot and in multiples thereafter.
Ventive Hospitality IPO: GMP today
Ahead of the issue opening, Ventive Hospitality was commanding a GMP of Rs 53, which indicates a premium of 8% over the issue price.
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