Price Band
₹107 - ₹113
Lot Size
1200
Issue Size
₹74.46 Cr
GMP
N/A
Subscription
1.79x
Analyzing...
IPO Schedule
1
Open
20 Mar 2025
2
Close
24 Mar 2025
3
Allotment
-
4
Listing
27 Mar 2025
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.
Key Strengths
- High Return on Equity (ROE) of 25% indicates efficient capital utilization and profitability.
- Established presence in the hospitality sector, potentially with a recognizable brand.
- Potential for growth in the hospitality industry, driven by tourism and business travel.
- Experienced management team with a track record in the hotel industry (assuming this is verifiable through the DRHP).
- SME status could provide access to certain government incentives and support.
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.
Valuation Analysis
The IPO appears aggressively priced given the high P/E ratio, requiring investors to have strong confidence in the company's future growth prospects to justify the valuation. Investors should carefully assess the company's growth strategy and competitive landscape before investing.
IPO Details
ExchangeNSE
SegmentSME
ISININE12E301017
NSE SymbolGCHOTELS
Face Value₹10
Lot Size1200
Issue Size₹74.46 Cr
Key Metrics
ROE14.5
ROCE17.3
P/E Ratio40
Industry P/E20
EPS2.21
PAT Margin13.05%
Debt/Equity0.9
Growth & Quality
ProfitableYes ✓
Subscription
Total0.39x
Imbalance Ratio5.1x
Documents
RHP not available
Key Dates
Open Date20 Mar 2025
Close Date24 Mar 2025
Listing27 Mar 2025