The Grand Continent Hotels IPO Allotment Status is now available. The IPO subscription had started on March 20, 2025, and ended on March 24, 2025, Monday. The allotment was released on March 25, 2025, Thursday, after the basis of allotment was finalized. The investors who applied for the IPO will be able to check the Grand Continent Hotels IPO on the MUFG Intime India Private Limited website or the NSE website.
The Grand Continent Hotels IPO received strong investor interest, with an overall subscription of 1.79 times. Anchor investors and market makers fully subscribed to their allocated shares. Qualified Institutional Buyers (QIBs) led with 2.93x subscription, followed by Non-Institutional Investors (1.39x) and Retail Investors (1.32x). A total of 2,646 applications were received, bidding for 78.67 lakh shares, amounting to ₹88.90 crore.
The last reported Grey Market Premium (GMP) is ₹0, indicating no premium or discount. With a price band of ₹113, the estimated listing price remains ₹113, reflecting a 0% expected gain/loss per share.
Overview of Contents
Grand Continent Hotels IPO Dates
| Event | Date |
|---|---|
| IPO Opening Date | Thursday, March 20, 2025 |
| IPO Closing Date | Monday, March 24, 2025 |
| UPI Mandate Deadline | March 24, 2025 (5 PM) |
| Basis of Allotment Finalization | Tuesday, March 25, 2025 |
| Refund Initiation | Wednesday, March 26, 2025 |
| Shares Credited to Demat | Wednesday, March 26, 2025 |
| Expected Listing Date | Thursday, March 27, 2025 |
How to Check Grand Continent Hotels IPO Allotment Status
Investors who applied for Grand Continent Hotels IPO can check their allotment status through 4 different methods: MUFG Intime , NSE, Demat Account, and Bank Account. Follow the steps below to check your IPO allotment status.
| MUFG Intime: | MUFG Intime IPO Allotment Page |
| BSE: | BSE IPO Allotment Page |
| NSE: | NSE IPO Allotment Page |
| EMI | IPO Allotment Page |
Step 1: How to Check Grand Continent Hotels IPO Allotment Status on MUFG Intime
- Visit MUFG Intime Services IPO allotment page.
- Select ‘Grand Continent Hotels Limited’ from the drop-down menu.
- Choose your search criteria: Application Number, PAN, or DP ID.
- Enter the required details and the captcha code.
- Click ‘Search’ to view your allotment status.
Step 2: How to Check Grand Continent Hotels IPO Allotment Status on NSE
- Visit the NSE IPO allotment page.
- Select ‘Grand Continent Hotels Limited’ from the list of IPOs.
- Choose your search criteria: Application Number, PAN, or DP ID.
- Enter the required details and captcha code.
- Click ‘Search’ to display your allotment status.
Step 3: How to Check Grand Continent Hotels IPO Allotment in Your Demat Account
- Log in to your Demat or trading account.
- Navigate to the holdings or portfolio section.
- Check if ‘Grand Continent Hotels Limited’ shares are credited to your account.
- If allotted, the shares will be visible in your holdings.
Step 4: How to Check Grand Continent Hotels IPO Allotment in Your Bank Account
- Log in to the bank account used for the IPO application.
- Review your account statement or transaction history.
- If shares are allotted, the IPO amount will be debited from your account.
- If not allotted, the blocked amount will be released, and you may receive an SMS or email notification regarding the refund.
About Company
Grand Continent Hotels Limited, founded in 2011 by hospitality veteran Ramesh Shiva, is a leading mid-market hotel chain in India. The company operates 19 properties across six major cities, offering over 900 rooms strategically located in prime urban areas to cater to both business and leisure travelers.
As of September 30, 2024, the company and its JV partners manage 16 hotels with 753 keys across Karnataka, Tamil Nadu, Goa, Andhra Pradesh, and Telangana. Grand Continent Hotels focuses on providing value-for-money accommodations with modern amenities, including well-furnished rooms, on-site dining, business facilities, 24/7 customer support, and easy accessibility to transport hubs.
With 538 employees, the company maintains high service standards and consistently upgrades its offerings. Its competitive strengths include premium hospitality in the mid-priced segment, strategic property locations, an experienced management team, and a strong track record in asset management. Positioned to benefit from India’s growing hospitality sector, Grand Continent Hotels presents an attractive investment opportunity.
FAQs – Grand Continent Hotels IPO
When is Grand Continent Hotels IPO Allotment Date?
Grand Continent Hotels IPO allotment is to be available on March 25, 2025, Tuesday.
What will be Grand Continent Hotels IPO Refund Date?
The IPO refund date is March 26, 2025, Wednesday.
How to check the Grand Continent Hotels IPO Allotment Status?
Check Grand Continent Hotels IPO allotment status via your PAN number, application number, or the amount deducted in your bank.