Grand Continent Hotels Ltd.
Issue Open Date 20-Mar-25  
Issue Closing Date 24-Mar-25  
Application Money 100  
Allotment Money  
Price Band () 107 - 113  
Minimum Bid Quantity. 1200  
Issue Size (Shares) 4716000  
Market Lot 1  
Objective

1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our Company2. Expansion of our Hotel properties in India3. General Corporate Purpose

Business Description

We operate in the mid-scale hotel sector, consisting of the upper-mid priced, mid-priced and economy hotel segments. Weseek to cater to Indian middle-class guests and business travellers and to deliver differentiated yet superior service offerings,with a value-for-money proposition. Our Company along with the JV Partner Entities have 16 operational hotel propertiesand operates a total of 753 ho...

Promoter's Holding
Total Share Capital   13997300  
Offered to Public   6589200  
Promoter's Holding (Pre-Issue)   75.02  
Promoter's Holding (Post-Issue)    
Address
Address :S No. 245/1 A/1 B
Venpursham Village
Veeralapakkam
Thiruporur
Chengalpattu
Mamallapuram
Tirukalikundram
City :Kanchipuram, State :Tamil Nadu Pincode :603110 Phone :044-35808280 Email : infoblr@grandcontinenthotels.com Website : www.grandcontinenthotels.com
Registrar
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
NSE
Lead Manager
Indorient Financial Services Ltd.
Promoters
Ramesh Siva
Vidya Ramesh

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