Grand Continent Hotels IPO

Issue:₹113

List:₹122.04

CMP:₹132

NSELot: 1200SME

LISTEDSME

Issue Price₹113

Listing₹122.04

Current₹132

Price Band

₹107 - ₹113

Lot Size

1,200

Issue Size

₹74.46 Cr

GMP

₹0

Subscription

0.39x

Content

IPO Schedule

Open

20 Mar

24 Mar

Allotment

Listing

27 Mar

About Grand Continent Hotels

Grand Continent Hotels is an SME focused on providing hospitality services, likely operating a chain of hotels or a network of hospitality-related businesses. The company is going public via an IPO to raise capital for expansion and other corporate purposes.

Subscription Status

QIB

0.71x

NII

0.42x

Retail

0.19x

Category	Day 3	Day 2	Day 1
QIB	2.93x	0.71x	0.71x
NII	1.39x	0.14x	0.42x
Retail	1.32x	0.44x	0.19x
Total	1.79x	0.45x	0.39x

Risk Factors

•High P/E ratio of 51.24 suggests the stock is richly valued compared to its earnings.

•SME IPOs often carry higher volatility and liquidity risks compared to mainboard IPOs.

•The hospitality industry is susceptible to economic downturns and seasonality, impacting revenue and profitability.