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GCHOTELSSME / NSEListed

Grand Continent Hotels Limited

Grand Continent Hotels Limited, founded in 2011, is a mid-market hotel chain in India with 19 properties across six major cities, offering over 900 rooms. The company provides affordable, comfortable stays tailored to middle-class travelers and business professionals. As of September 30, 2024, Grand Continent Hotels and its JV partners operate 16 hotels with 753 rooms across Karnataka (Bengaluru/Mysuru), Tamil Nadu (Hosur), Goa (Anjuna/Morjim), Andhra Pradesh (Tirupati), and Telangana (Secunderabad). Each hotel is strategically located in key urban areas, featuring well-furnished rooms with cozy bedding, air conditioning, workspaces, and modern amenities like on-site dining, conference and banquet facilities, 24/7 front desk support, free Wi-Fi, and easy access to transport hubs. Dedicated to enhancing guest experiences, the company continuously improves its services to meet evolving expectations. As of September 30, 2024, Grand Continent Hotels Limited employed 538 people across various roles.

₹107 - ₹1131.79x sub
Listed Price112.90
Listing Gain-0.09%
Timeline100 % Book Building
Open20 Mar 2025
Close24 Mar 2025
Allotment25 Mar 2025
Listing27 Mar 2025

Quota Reservation Portions

RetailPortion: 21,87,600 shares
33.2%
Nii (hni)Portion: 9,37,200 shares
14.22%
AnchorPortion: 18,73,200 shares
28.43%
QIBPortion: 12,49,200 shares
18.96%
Market MakerPortion: 3,30,000 shares
5.01%
EmployeePortion: 12,000 shares
0.18%

Minimum Application Bracket Matrix

Retail1 lots / 1,200 shares
₹1,35,600
sHNI2 lots / 2,400 shares
₹2,71,200
bHNI2 lots / 2,400 shares
₹2,71,200

About the Company

Grand Continent Hotels Limited, founded in 2011, is a mid-market hotel chain in India with 19 properties across six major cities, offering over 900 rooms. The company provides affordable, comfortable stays tailored to middle-class travelers and business professionals. As of September 30, 2024, Grand Continent Hotels and its JV partners operate 16 hotels with 753 rooms across Karnataka (Bengaluru/Mysuru), Tamil Nadu (Hosur), Goa (Anjuna/Morjim), Andhra Pradesh (Tirupati), and Telangana (Secunderabad). Each hotel is strategically located in key urban areas, featuring well-furnished rooms with cozy bedding, air conditioning, workspaces, and modern amenities like on-site dining, conference and banquet facilities, 24/7 front desk support, free Wi-Fi, and easy access to transport hubs. Dedicated to enhancing guest experiences, the company continuously improves its services to meet evolving expectations. As of September 30, 2024, Grand Continent Hotels Limited employed 538 people across various roles.

Company Promoters

Mr. Ramesh Siva Mrs.Vidya Ramesh