IPO-bound Ventive Hospitality to buy, develop hotels as temple tourism rises
6 days, 13 hours ago

IPO-bound Ventive Hospitality to buy, develop hotels as temple tourism rises

Live Mint  

Bengaluru: Ventive Hospitality Ltd, a joint venture between Pune-based real estate developer Panchshil Realty and global asset manager Blackstone, is looking to expand its hotel business to capitalize on a surge in leisure travel and temple tourism in India, senior company officials told Mint. Our key markets are the business growth markets," Asheesh Mohta, senior managing director and head of real estate acquisitions, India, at Blackstone, told Mint in an interview. While Ventive Hospitality is a relatively new joint venture between Blackstone and Panchshil, the partnership of the duo goes back to 2008-09, when Blackstone invested in the latter's commercial office project in Pune. Hospitality is a new real estate asset class for Blackstone in India, though it has funded large office parks that also have hotels.

Tourism India Bengaluru Hotels Office Hospitality Pune Crore Hotel Real Develop Blackstone Ipo Mohta Temple Tourism Ventive Ventive Hospitality Panchshil Realty Panchshil  tourism  hotel  hotels  buy  crore  real  panchshil  develop  office  hospitality  markets  rises  india  ventive  ipobound  temple

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Ventive Hospitality IPO day 2: GMP, subscription status to review. Apply or not?
1 day, 8 hours ago

Ventive Hospitality IPO day 2: GMP, subscription status to review. Apply or not?

Live Mint  

Ventive Hospitality IPO: The initial public offering of Ventive Hospitality Limited hit the Indian primary market on 20 December 2024 and will remain open until 24 December 2024. According to Ventive Hospitality's IPO subscription status, the book build issue received a 71% subscription on day one of bidding, which can be considered a decent response by the primary market investors …

Ventive Hospitality IPO Day 1: Check Here GMP, Subscription Status, And Other Key Details
Trending News
4 days, 5 hours ago

Ventive Hospitality IPO Day 1: Check Here GMP, Subscription Status, And Other Key Details

ABP News  

Ventive Hospitality IPO Day 1: The Rs 1,600 crore initial public offering of Ventive Hospitality opens for subscription today. With the upper price band of the issue set at Rs 643 per share, the expected listing price for Ventive Hospitality shares is Rs 709, reflecting a 10 per cent premium, according to a Live Mint report. Ventive Hospitality IPO Subscription …

Ventive Hospitality IPO opens: Check latest GMP, price band, and other details
4 days, 13 hours ago

Ventive Hospitality IPO opens: Check latest GMP, price band, and other details

India Today  

The initial public offering of luxury hotel and resort operator Ventive Hospitality opened for public subscription on December 20, 2024. Ventive Hospitality’s IPO is priced between Rs 610 and Rs 643 per share, with a lot size of 23 shares. LATEST GMP Ventive Hospitality’s unlisted shares were trading at Rs 710 per share in the grey market, reflecting a premium …

Ventive Hospitality and Carraro India Announce IPOs From Dec 20
6 days, 8 hours ago

Ventive Hospitality and Carraro India Announce IPOs From Dec 20

Deccan Chronicle  

Mumbai: Pune-based Ventive Hospitality and Carraro India have announced their initial public offerings, both set to open on December 20 and close on December 24, 2024, aiming to raise a combined total of over ₹2,800 crore. Ventive Hospitality, an owner of hotel and office space assets in India and the Maldives backed by US-based private equity firm Blackstone, plans to …

Ventive Hospitality gets Sebi nod for Rs 2,000 crore IPO
3 weeks, 1 day ago

Ventive Hospitality gets Sebi nod for Rs 2,000 crore IPO

New Indian Express  

MUMBAI: Ventive Hospitality, formerly known as ICC Realty India and a part of the Pune-based relator Panchshil Realty, has received the regulatory nod for a Rs 2,000 crore IPO. The company, which primarily focuses on luxury offerings across business and leisure segments, said Monday that it has received the Securities and Exchange Board approval for its proposed initial public offering. …

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