Valencia India was incorporated on March 8, 2017. It is a business conglomerate with operations in India and abroad, spanning real estate and construction in India, and global export-import of food and non-food products. One of its resorts, "Valencia Club Abu", located at Foot Abu Road in Sirohi, Rajasthan, offers furnished stays with restaurants, spas, kids' clubs, and holiday activities. The resort also hosts weddings, parties, picnics, and corporate events
| Bidding Dates |
|---|
| 26 Jun 2025 - 30 Jun 2025 |
| Subscription |
|---|
| 1.27x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,14,000 | 1 | 1 | 1200 | 4.4 M | ₹95 - ₹110 | 60 % | ₹422.7 M - ₹489.5 M | RHP DOC |
Valencia IPO SUBSCRIPTION STATUS
30 Jun '25Valencia IPO overall subscription rate was 1.27 times the total available shares
Valencia IPO retail subscription rate was 1.25 times in the retail segment
Valencia IPO non-institutional investor subscription rate was 1.34 times in the non-institutional investor category
Valencia IPO Qualified Institutional Bidder subscription rate was 1.21 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 63% | 27% | 10% |
30 Jun 2025 (Day 3) | 1.25x | 1.34x | 1.21x |
27 Jun 2025 (Day 2) | 0.73x | 0.56x | 1.02x |
26 Jun 2025 (Day 1) | 0.49x | 0.49x | - |
Valencia FINANCIALS
| Period | Net Profit (Rs in crore) | Revenue from Operations (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| 9MFY25 | 1.5 | 5.6 | 2.8 | 0.6 | 45.2% |
| FY24 | 1.9 | 7.1 | 3.9 | -3.9 | 43.2% |
| FY23 | 0.6 | 5.2 | 0.5 | -0.8 | 20.4% |
| FY22 | 0.3 | 4.2 | -0.2 | -0.4 | 11.6% |
Valencia IPO SUBSCRIPTION STATUS DETAILS
Valencia had 4.4 M shares on offer
Valencia IPO offer price was in the range ₹95 - ₹110
Valencia IPO minimum Investment was ₹114000
Valencia IPO issue size was ₹ 422.7 M - ₹ 489.5 M
Valencia had a minimum lot size of 1200 Shares per application
Valencia NUMBER OF SHARES ON OFFER
Valencia IPO IMPORTANT DATES
| Issue Open Date | 26 Jun 2025 |
| Issue close Date | 30 Jun 2025 |
| Allotment Date | 01 Jul 2025 |
| Refund Date | 02 Jul 2025 |
| Demat Account Credit Date | 02 Jul 2025 |
| Listing Date | 03 Jul 2025 |
| Listing on Exchange(s) | BSE |
| Valencia Allotment Status | Exchange/ Registrar |
Valencia IPO subscription opened on 26 Jun 2025, and closed on 30 Jun 2025
IPO allotment for Valencia was finalized on Tuesday, 01 Jul 2025
IPO listing for Valencia was on BSE on Thursday, 03 Jul 2025
Valencia IPO LISTING GAINS
| Issue Price (adjusted) | 110.0 |
| Listing Open Price | 88.0 |
| Listing Close Price | 83.6 |
| Listing Gain% | -20.0% |
| Current Gain% | -83.6% |
Valencia 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 % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valencia India Ltd. | 18 | 23.4 | 10.6 | 2.6 | 2.6 | 3.9 | 3.1 | 9 | 16.7 | 2.2 | 4.1 | 1.7 | 4.1 |
| Indian Hotels Company Ltd. | 726.9 | 103469.3 | 48.2 | 5 | 10.4 | 16 | 10.3 | 9971.4 | 16.4 | 2084.4 | 9.3 | 15.1 | 9.7 |
| ITC Hotels Ltd. | 168.8 | 35169 | 40.7 | 1.5 | 8.3 | 7 | 6 | 4331.3 | 19.4 | 816.9 | 28.7 | 4.1 | 26.9 |
| EIH Ltd. | 303.9 | 19004.8 | 26.7 | 6 | 6.3 | 11.9 | 9.6 | 3105.7 | 7.9 | 628.3 | -15 | 11.4 | 4.5 |
| Chalet Hotels Ltd. | 837.4 | 18338.6 | 34.7 | 0.4 | 7.7 | 17.4 | 8.8 | 2812.4 | 60.3 | 645.1 | 352.5 | 24.1 | 85.3 |
| Leela Palaces Hotels & Resorts Ltd. | 508 | 16965.1 | 38.3 | 0.2 | 10.6 | 6.3 | 4.5 | 1597.8 | 13.6 | 403.1 | 742.9 | 13.3 | 236.8 |
Valencia INFORMATION ON IPO ISSUE
About Valencia
Valencia India was incorporated on March 8, 2017. It is a business conglomerate with operations in India and abroad, spanning real estate and construction in India, and global export-import of food and non-food products. One of its resorts, "Valencia Club Abu", located at Foot Abu Road in Sirohi, Rajasthan, offers furnished stays with restaurants, spas, kids' clubs, and holiday activities. The resort also hosts weddings, parties, picnics, and corporate events
Object of the Issue
- Development of 15 Villas and club house
- General corporate purposes
Valencia - PROMOTERS
| Name |
|---|
| Keyur Jitendra Patel |
Valencia Book Running Lead Manager
Interactive Financial Services Limited
mbd@ifinservices.in
Valencia Registrar to the issue
Kfintechnologies Limited
vil.ipo@kfintech.com
Valencia Strengths
Quality holiday experience
Its resorts offers a premium family holiday experience with spacious villas, dining options, and amenities like a pool, spa, gym, and lounges. With personalized packages and a focus on comfort and safety, it ensures enjoyable, memorable stays
Geographical advantage
Its resorts are set in a scenic and peaceful location, offers well-equipped rooms and villas for a relaxing stay. It features a pool, dining options, and event spaces for weddings, corporate events, and family celebrations
RCI affiliates
The company's partnership with RCI expands its global vacation exchange offerings and boosts credibility. This alliance supports growth while allowing members to access RCI resorts through the exchange program
Valencia Risks
Inventory risks
An excess of room inventory over vacation ownerships sold may impact the company’s financial performance, while insufficient inventory could restrict future growth and member satisfaction
Seasonal
The company’s business is seasonal, with high occupancy and income during summer, Diwali, and Christmas vacations. In contrast, winter and monsoon seasons see low demand, leading to fluctuating revenue and profitability
Competition
Intense competition may limit the company’s ability to attract and retain skilled personnel, affecting operations and growth. Losing key staff could impact customer relationships, financial performance, and business execution
IPO FAQs
This IPO consists of an offer for sale of up to Rs 5.0 crore, of 450,000 shares. It also consists of a fresh issue of Rs 44.0 crore.
The promoter of the company is Keyur Jitendra Patel.
The category allocation of qualified institutional buyers is 10.0%, the category allocation of non individual investors or high networth individuals is 27.0% and for retail investors it is 63.0%.
The price band of the IPO is Rs 95.0 - 110.0.
The IPO application opens on Jun 26, 2025 and closes on Jun 30, 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. 114,000.0, the maximum value for this IPO is Rs 132,000.0.
This IPO will be allotted on Jul 01, 2025.
The refund will be credited to your account on Jul 02, 2025.
The allotted shares will be credited to your demat on Jul 02, 2025.
Valencia India Ltd.’s shares listed on the stock exchanges on Jul 03, 2025.