Grand Continent Hotels Limited

Company Name	Grand Continent Hotels Limited
Open Date	20-03-2025
Close Date	24-03-2025
Exchange	NSE SME
Lot Size	1,200 Shares
Issue Price	₹107 to ₹113 per share
Issue Size	65,89,200 shares
Application Amount	₹1,35,600
Recommendation	Neutral

Grand Continent Hotels Limited was originally incorporated on Nov 11, 2011. The registered office is located at Tamil Nadu, India. The company operates in the mid-scale hotel sector, consisting of the upper-mid priced, mid-priced and economy hotel segments. The company generates majority of the revenue from room revenue. The company has 658 permanent and contractual employees as on Feb 28, 2025.

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Financial Summary in Lakhs

For the Period Ended	Mar-22	Mar-23	Mar-24	Sep-24
Revenue	602.69	1,680.15	3,123.69	3,183.98
EBITDA	238.44	625.31	986.48	1,124.60
Net Profit	-79.29	103.49	407.77	622.37
RoCE	4.76%	14.42%	13.54%	13.42%*
ROE	48.58%	176.21%	13.60%	10.55%*
P/E	213.21	161.43	44.49	22.62*

Tentative Timeline

Opening Date	20-03-2025
Closing Date	24-03-2025
Basis of Allotment	25-03-2025
Initiation of Refunds	26-03-2025
Credit of Shares to Demat	26-03-2025
Listing Date	27-03-2025

Objects of the Issue

Repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the Company

Expansion of Hotel properties in India

General Corporate Purposes

Contact Information

Registered Office	Paradeep Parivahan Limited Room No 204 Above OBC Bank Street Port Town Paradeep, Jagatsinghpur -754142
Phone	06742590169
Email	info@paradeepparivahan.com
Website	https://www.paradeepparivahan.com/

Offer Documents

Grand Continent Hotels IPO DRHP

Grand Continent Hotels IPO RHP

Registrar Details

Name	Link Intime India Private Limited
Phone	+91-22-4918 6270
Email	grandcontinent.ipo@linkintime.co.in
Website	https://linkintime.co.in/Initial_Offer/public-issues.html

IPO Reservation

Retail Shares Offered	Not less than 35% of the Net Issue
QIB Shares Offered	Not more than 50.00% of the Net Issue
NII (HNI) Shares Offered	Not less than 15% of the Net Issue

Shareholding Pattern

Shareholding Pre Issue (Promoters)	75.02%
Shareholding Post Issue (Promoters)	54.85%