Grand Continent Hotels IPO

About the company

M/s Grand Continent Hotels, founded in 2011 in Bengaluru, operates in the mid-scale hotel sector, focusing on Indian middle-class and business travelers. Its portfolio includes 16 hotels with 753 keys across Karnataka, Tamil Nadu, Goa, Andhra Pradesh, and Telangana. The company offers economy to upper mid-price segments with varying amenities. Bengaluru hosts 10 properties, representing 71% of its operations. The company follows an asset-light model and partners with franchises to enhance marketing. It aims to improve performance, occupancy, and operational efficiency while exploring future growth opportunities.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   20 Mar 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   24 Mar 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   25 Mar 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   26 Mar 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   26 Mar 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   27 Mar 2025

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.