Ventive Hospitality IPO
Ventive Hospitality Limited (VENTIVE) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 30 December 2024.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +10.4% (likely range -10% to +13%), day's high +12.7%, chance of a gain 51%. Actual: +11.3% at the open, +16.5% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 78,63,934 | 7,14,41,565 | 9.08x | |
| NII (HNI) total | 39,31,967 | 5,45,50,526 | 13.9x | |
| Big NII (above ₹10 lakh) | 26,21,312 | 3,94,47,415 | 15.0x | |
| Small NII (₹2-10 lakh) | 13,10,655 | 1,51,03,111 | 11.5x | |
| Retail | 26,21,311 | 1,55,66,239 | 5.94x | |
| Employees | 17,241 | 1,65,577 | 9.60x | |
| Total | 1,44,34,453 | 14,17,23,907 | 9.82x |
Bids on NSE and BSE together, as published by NSE, as of 24 Dec 2024, 07:00 PM. Shares offered exclude the anchor portion. 10% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Ventive Hospitality's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Signatureglobal (India)Sep 2023 | 12.7x | 13.5x | 6.82x | 11.9x | ₹794 Cr | +15.3% | +23.1% |
| Muthoot MicrofinDec 2023 | 17.5x | 13.2x | 7.61x | 11.5x | ₹1,009 Cr | -5.4% | -3.4% |
| Go Digit General InsuranceMay 2024 | 12.6x | 7.24x | 4.27x | 9.60x | ₹2,615 Cr | +5.2% | +15.4% |
| Future Supply Chain SolutionsDec 2017 | 12.4x | 11.2x | 3.28x | 7.56x | ₹650 Cr | 0.0% | +5.3% |
| Larsen & Toubro InfotechJul 2016 | 19.9x | 10.8x | 7.39x | 11.7x | ₹1,242 Cr | -6.1% | 0.0% |
| Concord Enviro SystemsDec 2024 | 17.3x | 14.2x | 5.56x | 10.7x | ₹497 Cr | +17.8% | +22.7% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| 10.00 a.m. to 5.00 p.m | — | — | — |
Offer documents (NSE)
Frequently asked
What is the Ventive Hospitality IPO price band and lot size? ₹610–643 per share, with a lot of 23 shares, so the smallest retail bid is ₹14,789.
How many times has it been subscribed? 9.82x overall: QIB 9.08x, NII 13.9x, retail 5.94x, employees 9.60x.
How did it list? It opened at ₹716, +11.3% against the issue price of ₹643, and closed its first day +9.5%.
