Ventive Hospitality shares are set to make their stock market debut today after receiving strong response for its initial public offering (IPO). Ventive Hospitality IPO listing date is today, December 30, and the equity shares of the company will be listed on both the stock exchanges, BSE and NSE. Ventive Hospitality IPO issue was open from December 20 to 24, and the IPO allotment was finalised on December 26. “Trading Members of the Exchange are hereby informed that effective from Monday, December 30, 2024, the equity shares of Ventive Hospitality Limited shall be listed and admitted to dealings on the Exchange in the list of ‘B’ Group of Securities,” said a notice on BSE. Ventive Hospitality shares will be a part of Special Pre-open Session (SPOS) on Monday, and the stock will be available for trading from 10:00 AM. Ahead of the share listing, trends for Ventive Hospitality IPO grey market premium (GMP) today indicates a positive debut. Analysts also expect Ventive Hospitality shares to list at a premium to the IPO price. Ventive Hospitality IPO GMP Today Ventive Hospitality IPO GMP today is ₹ 70 per share, according to stock market observers. This indicates that in the grey market, Ventive Hospitality shares are trading higher by ₹ 70 apiece than their issue price. Ventive Hospitality Listing Price Considering the Ventive Hospitality IPO GMP today, the estimated listing price of Ventive Hospitality shares would be ₹ 713 apiece, a premium of 11% from the IPO price of ₹ 643 per share. Analysts also predict Ventive Hospitality share listing to be at a premium of around 10% to the issue price. “ Ventive Hospitality IPO received a decent response despite being priced at high valuations. So, I am expecting a positive debut for the company shares. One can expect the Ventive Hospitality IPO listing at around 10% to 12% premium,” said Arun Kejriwal, founder of Kejriwal Research and Investment Services. According to Akriti Mehrotra, Research Analyst, StoxBox, Ventive Hospitality IPO, oversubscribed 10.33 times, is set to debut today, with an 11% premium above the upper price band. “The company operates 11 luxury properties, including flagship hotels like JW Marriott Pune and The Ritz-Carlton Pune, benefiting from strong partnerships with global brands such as Marriott and Hilton. However, its reliance on third-party operators for 78% of its keys exposes it to reputational risks. Ventive also generates 41% of its revenue from annuity assets, providing stable cash flows. With a strong financial track record, including a 44% revenue CAGR, and plans for expansion, we recommend holding shares for medium to long-term growth,” said Mehrotra. Ventive Hospitality IPO Details The ₹ 1,600-crore worth Ventive Hospitality IPO was open for subscription from December 20 to 24 and the IPO allotment was finalised on December 26. Ventive Hospitality IPO listing date is today, December 30 and the Ventive Hospitality shares will be listed on BSE and NSE. Ventive Hospitality IPO price band was set at ₹ 610 to ₹ 643 per share, and the issue was entirely a fresh issue of 2.49 crore equity shares. Ventive Hospitality IPO received 9.82 times subscription in total as it garnered bids for 14.17 crore equity shares as against IPO size of 1.44 crore shares. The retail investors portion was booked 5.94 times, while the Non Institutional Investors (NII) portion was subscribed 13.87 times. The Qualified Institutional Buyers (QIBs) category received 9.08 times subscription. JM Financial, Axis Capital, HSBC Securities & Capital Markets, ICICI Securities, IFL Securities, Kotak Mahindra Capital Company, SBI Capital Markets are the book running lead managers of the Ventive Hospitality IPO, while Kfin Technologies is the IPO registrar. Read all IPO news here Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.I’m A Celebrity viewers react as new ‘fantastic’ celebrities join ITV show
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Catholic-New Iberia has already defeated two of the top three seeds in the Division III Select bracket. Now, the Panthers attempt to take down the top seed, Dunham, in Friday afternoon’s LHSAA Prep Classic Division III Select championship game in New Orleans. Dunham takes on Catholic-New Iberia as part of the second day of the three-day Prep Classic taking place at the Caesars Superdome. How to watch Dunham vs. Catholic-New Iberia in 2024 Louisiana high school football playoffs: Live stream LHSAA Prep Classic Division III Select state championship Follow The Sporting News correspondent Buck Ringgold (@Bucks_Ballpark) for all of the live updates and scoring from New Orleans. Scroll down for live score and game updates from kickoff to the postgame. Refresh this page for the latest. CATHOLIC-NEW IBERIA 17, DUNHAM 14 2Q Refresh for updates. SECOND QUARTER - Catholic-New Iberia with plenty of momentum now. Panthers force another Dunham punt and get the ball with nearly three minutes to go in the half. - TOUCHDOWN CATHOLIC-NEW IBERIA . Panthers take their first lead on the day as QB Luke Landry, with a flick of his left arm, throws a 1-yard TD pass to Bennett Woodring, one play after Landry threw a 34-yard pass to Jaiden Mitchell. PAT puts Panthers up three (Catholic-New Iberia, 17-14 | 5:07, 2nd) - Catholic-New Iberia gets a third-down sack, and forces Dunham to punt. Panthers get the ball back with a chance to take their first lead on the day. - TOUCHDOWN CATHOLIC-NEW IBERIA . Panthers find the end zone for the first time this afternoon, as Tristan Lewis takes a handoff and bounces off several tacklers and into the end zone, finishing off a 14-yard run. PAT is good (Dunham, 14-10 | 9:59, 2nd) - Both teams punt the ball away to one another as the first quarter ends. FIRST QUARTER - TOUCHDOWN DUNHAM . Tigers quickly move down the field again and score a second TD, as QB Elijah Haven finds receiver Jarvis Washington Jr. from 36 yards out (Dunham, 14-3 | 3:21, 1st) - FIELD GOAL CATHOLIC-NEW IBERIA . Panther QB Luke Landry avoided a third-down sack by firing a short pass to Owen Morris which turned into a long gain deep in Dunham territory. That eventually set up a 35-yard field goal by Bennett Boudreaux. (Dunham, 7-3 | 5:24, 1st) - TOUCHDOWN DUNHAM . QB Elijah Haven runs a keeper 5 yards into the end zone on third down, completing a 75-yard opening drive by the Tigers. (Dunham, 7-0 | 9:05, 1st) - Dunham already in the red zone on the opening series. - Dunham will field the opening kickoff to start this game and we are under way. PREGAME - Coming to you from the Caesars Superdome, as Catholic-New Iberia gets set to take on Dunham. ABOUT CATHOLIC-NEW IBERIA (12-1) In their quarterfinal, the No. 7-seeded Panthers (12-1) upended No. 2 seed Isidore Newman, 31-0. Then in last week’s semifinal, they rallied late, getting a successful onside kick and a field goal in the closing seconds to win at No. 3 seed Calvary Baptist, 33-31. Catholic-New Iberia has one of the premier quarterbacks in the state in senior Luke Landry, who has thrown for more than 2,600 yards and 37 TDs. Making its seventh title-game appearance, the Panthers won it all in 1962 and again in 2017. ABOUT DUNHAM (13-0) Dunham has put up strong numbers on both sides of the ball. Dunham, led by perhaps the top-ranked quarterback in the Class of 2027 in sophomore Elijah Haven, has averaged 34.9 points per game while allowing 12.2 points per contest. In the quarterfinal round two weeks ago, the Tigers survived No. 9 seeded Lafayette Christian, winning 34-30. Then last week, they rolled past No. 5 seeded Bunkie, 46-22. Dunham is making its third appearance in a state championship game. The Tigers won it all in 2004 in Class 1A and then played for the Division III Select title two years ago.We will safeguard rights of all peopleTulisa’s ex boyfriend Fazer from N-Dubz makes surprise admission about star’s changing face amid heath battles