- POSITIVE
Annual Revenue Grand Continent Hotels Mar-2026 Annual Revenue is Rs 124 Cr which is growth of 106.4% YoY.
- NEGATIVE
Annual Net Profit Grand Continent Hotels Mar-2026 Annual Net Profit is Rs 10 Cr which is growth of -6.3% YoY.
Grand Continent Hotels was incorporated on November 11, 2011. The company operates in the mid-scale hotels sector, catering to middle-class guests and business travellers with value-for-money services. It manages 16 hotels with 753 keys across Karnataka, Tamil Nadu, Goa, Andhra Pradesh, and Telangana.
| Bidding Dates |
|---|
| 20 Mar 2025 - 24 Mar 2025 |
| Subscription |
|---|
| 1.74x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹128,400 | 1 | 1 | 1200 | 6.6 M | ₹107 - ₹113 | 54.85 % | ₹705.0 M - ₹744.6 M | RHP DOC |
Grand Continent Hotels IPO SUBSCRIPTION STATUS
24 Mar '25Total1.74x
Retail Individual Investor1.75x
HNI (NII) Investors2.32x
Qualified Institutional Buyers1.55x
Grand Continent Hotels IPO overall subscription rate was 1.74 times the total available shares
Grand Continent Hotels IPO retail subscription rate was 1.75 times in the retail segment
Grand Continent Hotels IPO non-institutional investor subscription rate was 2.32 times in the non-institutional investor category
Grand Continent Hotels IPO Qualified Institutional Bidder subscription rate was 1.55 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
24 Mar 2025 (Day 3) | 1.75x | 2.32x | 1.55x |
21 Mar 2025 (Day 2) | 0.56x | 0.66x | 0.37x |
20 Mar 2025 (Day 1) | 0.23x | 0.55x | 0.37x |
Grand Continent Hotels FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| H1FY25 | 68.1 | 318.4 | 78.9 | -40.4 | 35.3% |
| FY24 | 41.2 | 312.4 | 72.2 | 23.3 | 31.6% |
| FY23 | 10.5 | 168.0 | 75.8 | 31.8 | 37.2% |
| FY22 | -7.9 | 60.3 | 7.3 | 0.0 | 39.6% |
Grand Continent Hotels IPO SUBSCRIPTION STATUS DETAILS
Grand Continent Hotels had 6.6 M shares on offer
Grand Continent Hotels IPO offer price was in the range ₹107 - ₹113
Grand Continent Hotels IPO minimum Investment was ₹128400
Grand Continent Hotels IPO issue size was ₹ 705.0 M - ₹ 744.6 M
Grand Continent Hotels had a minimum lot size of 1200 Shares per application
Grand Continent Hotels NUMBER OF SHARES ON OFFER
Total6.6 M
Fresh Issue6.3 M
Offer for Sale328.8 K
Post Issue Promoter Holding %54.85 %
Grand Continent Hotels IPO IMPORTANT DATES
| Issue Open Date | 20 Mar 2025 |
| Issue close Date | 24 Mar 2025 |
| Allotment Date | 25 Mar 2025 |
| Refund Date | 26 Mar 2025 |
| Demat Account Credit Date | 26 Mar 2025 |
| Listing Date | 27 Mar 2025 |
| Listing on Exchange(s) | NSE |
| Grand Continent Hotels Allotment Status | Exchange/ Registrar |
Grand Continent Hotels IPO subscription opened on 20 Mar 2025, and closed on 24 Mar 2025
IPO allotment for Grand Continent Hotels was finalized on Tuesday, 25 Mar 2025
IPO listing for Grand Continent Hotels was on NSE on Thursday, 27 Mar 2025
Grand Continent Hotels IPO LISTING GAINS
| Issue Price (adjusted) | 113.0 |
| Listing Open Price | 112.9 |
| Listing Close Price | 107.3 |
| Listing Gain% | -0.1% |
| Current Gain% | -11.5% |
Grand Continent Hotels Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Grand Continent Hotels Ltd. | 100 | 249.3 | 20.1 | 1.2 | 1.7 | 10.4 | 6.7 | 143 | 95.3 | 12.4 | 16.6 | 5 | 16.6 |
| Indian Hotels Company Ltd. | 890.3 | 126728.2 | 57.3 | 1.8 | 12.1 | 16 | 10.3 | 9971.4 | 16.4 | 2084.4 | 9.3 | 15.5 | 31.1 |
| ITC Hotels Ltd. | 173.6 | 36164.3 | 38.8 | 1.5 | 8.1 | 7 | 6 | 4331.3 | 19.4 | 816.9 | 28.7 | 4.5 | 26.4 |
| Leela Palaces Hotels & Resorts Ltd. | 666.4 | 22253.3 | 48.1 | 0.6 | 13 | 6.3 | 4.5 | 1597.8 | 13.6 | 403.1 | 742.9 | 13.9 | 79.8 |
| EIH Ltd. | 316.6 | 19795.9 | 27 | 2.6 | 6.3 | 11.9 | 9.6 | 3105.7 | 7.9 | 628.3 | -15 | 11.7 | 10.4 |
| Chalet Hotels Ltd. | 824.6 | 18059.3 | 30.6 | 15.9 | 8.4 | 17.4 | 8.8 | 2812.4 | 60.3 | 645.1 | 352.5 | 26.9 | 1.9 |
Annual
Balance Sheet
Ratios
Cash Flow
Grand Continent Hotels annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
Nested row level
Base Level
Reporting Type
Standalone
Cell Data
Actual
Table Settings
YoY & New to Old
CAGR Columns
Select...
Nested row level
Base Level
Export
| Indicator | Graph | CAGR 3 Yrs | CAGR 5 Yrs | Mar '26 | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 |
|---|---|---|---|---|---|---|---|---|---|
100.8% | 111.9% | 123.9 | 60 | 23.2 | 15.3 | 5.8 | 2.9 | ||
Operating Exp. Ann. | 127.9% | 116.8% | 105.3 | 41 | 13.3 | 8.9 | 3.6 | 2.2 | |
Operating Profit Ann. | 30.3% | 80.7% | 13.5 | 16 | 9.5 | 6.1 | 2.3 | 0.7 | |
OPM Ann. % | -35.3% | -14.1% | 10.88% | 26.65% | 41.15% | 40.09% | 38.83% | 23.29% | |
102.9% | 89.6% | 112.7 | 47.2 | 17.6 | 13.5 | 7.6 | 4.6 | ||
EBITDA Ann. | 42.5% | 92.5% | 18.5 | 19.1 | 9.8 | 6.4 | 2.3 | 0.7 | |
EBITDA Ann. margin % | -28.9% | -9.5% | 14.97% | 31.75% | 42.39% | 41.69% | 38.83% | 24.67% | |
Interest Ann. | -6.1% | 8.8% | 2.9 | 5.1 | 3.5 | 3.5 | 3.1 | 1.9 | |
Depr. | 65.1% | 55.2% | 4.5 | 1.1 | 0.7 | 1 | 1 | 0.5 | |
PBT Ann. | 83.4% | - | 11.1 | 12.8 | 5.6 | 1.8 | -1.8 | -1.7 | |
Tax Ann. | - | 14.9% | 1.2 | 2.2 | -0.2 | -0.9 | 0.6 | ||
77.1% | - | 10 | 10.6 | 5.8 | 1.8 | -0.9 | -2.3 | ||
Net Profit Ann. | 77.1% | - | 10 | 10.6 | 5.8 | 1.8 | -0.9 | -2.3 | |
NPM Ann. % | -11.8% | - | 8.39% | 18.67% | 25.39% | 12.22% | -16.06% | -79.81% | |
EPS Adj. latest Ann. | 78.8% | - | 4 | 4.3 | 2.3 | 0.7 | -0.4 | -0.9 |
*All financials are in INR Cr and price data in INR
Add metric to table
Search...
Total Rev. Ann.
1Y CHG
106.5%
2Y CAGR
131.1%
3Y CAGR
100.8%
5Y CAGR
111.9%
Total Revenue Annual growth is stable compared to historical averages.
Net Profit Ann.
1Y CHG
-5.7%
2Y CAGR
31.3%
3Y CAGR
77.1%
Net Profit Annual is falling faster than historical averages.
Operating Exp. Ann.
1Y CHG
156.8%
2Y CAGR
181.4%
3Y CAGR
127.9%
5Y CAGR
116.8%
Operating Expenses Annual Cr growth is higher than historical averages.
Grand Continent Hotels INFORMATION ON IPO ISSUE
About Grand Continent Hotels
Grand Continent Hotels was incorporated on November 11, 2011. The company operates in the mid-scale hotels sector, catering to middle-class guests and business travellers with value-for-money services. It manages 16 hotels with 753 keys across Karnataka, Tamil Nadu, Goa, Andhra Pradesh, and Telangana.
Object of the Issue
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the company
- Expansion of hotel properties in India
- General corporate purpose
Grand Continent Hotels - PROMOTERS
| Name |
|---|
| Ramesh Siva |
| Vidya Ramesh |
Grand Continent Hotels Lead Manager to the Issue
Indorient Financial Services Limited
compliance-ifsl@indorient.in
Grand Continent Hotels Registrar to the issue
MUFG Intime India Private Limited
grandcontinent.ipo@linkintime.co.in
Grand Continent Hotels Strengths
Premium mid-segment hospitality
The company excels in premium hospitality within the mid-priced segment, offering quality service and elegant accommodations at competitive rates. It provides spacious stays in prime locations with diverse culinary options and high hygiene standards
Strength
Geographical advantage
With properties in key business districts and entertainment hubs, the company caters to both business and leisure travellers. Strategic locations ensure convenience, reducing commute times while enhancing visibility and competitiveness in the market
Strength
Optimized asset management
The company’s hospitality assets stand out for their quality, positioning, and unique offerings. A dedicated asset management team focuses on optimizing operations, increasing occupancy and revenue, and ensuring cost efficiency through strategic procurement, marketing, and capital investments
Strength
Grand Continent Hotels Risks
Lease risks
Most properties operate under long-term leases or licenses. Failure to comply with terms, renew agreements, or secure favourable new terms could negatively impact business operations, financial performance, and cash flow
Risk
Reputation risks
Negative customer experiences or publicity could affect customer acquisition, potentially increasing promotional expenses and adversely impacting business and financial performance
Risk
Demand risks
Shifts in traveller preferences, cost concerns, spending habits, and competition from alternative accommodations may reduce hotel room demand, negatively impacting business performance and financial stability
Risk
IPO FAQs
This IPO consists of an offer for sale of up to Rs 3.7 crore, of 328,800 shares. It also consists of a fresh issue of Rs 70.7 crore.
The promoters of the company are Ramesh Siva and Vidya Ramesh.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 107.0 - 113.0.
The IPO application opens on Mar 20, 2025 and closes on Mar 24, 2025.
The minimum lot size for the IPO is 1200. The maximum lot size for the IPO is 1200.
For all category investors, the minimum application amount for this IPO is Rs. 128,400.0, the maximum value for this IPO is Rs 135,600.0.
This IPO will be allotted on Mar 25, 2025.
The refund will be credited to your account on Mar 26, 2025.
The allotted shares will be credited to your demat on Mar 26, 2025.
Grand Continent Hotels Ltd.’s shares listed on the stock exchanges on Mar 27, 2025.