Ventive Hospitality’s much-anticipated initial public offering (IPO) will likely close today, December 26, 2024. Investors participating in the IPO, open for registration between December 20 and 24, can expect the shares to be included in their funds. delete accounts immediately after allocation. The IPO shares are expected to be listed on the exchange on December 30, in accordance with the T+3 listing rule.
How to check IPO allotment status
Investors can check their share status online through Bombay Stock Exchange (BSE), National Stock Exchange (NSE), or the official website of the IPO registrar, Kfin Technologies. Here is a step-by-step guide to testing with BSE and Kfin:
On the BSE website:
- Visit BSE share status link at BSE India.
- Select ‘Equity’ under the issue type drop down.
- From the Issue Name drop-down, select ‘Ventive Hospitality Limited.’
- Provide your Application Number or PAN.
- Confirm the captcha and click on ‘Search.’
Your assignment status will appear on the screen.
On Kfin Technologies’ website:
- Go to the Kfin Technologies IPO status page on KfinTech.
- Select ‘Ventive Hospitality Limited’ from the IPO dropdown.
- Enter your application number, Demat account number, or PAN.
- Enter the captcha code and press ‘Submit.’
The assignment status will be displayed on the screen.
Overview of Ventive Hospitality IPO
The IPO raised Rs 1,600 crore through a whole new issue of shares. The price band is set at Rs 610–643 per share, and the IPO has received an impressive subscription of 9.82 times. A portion of retail investors were registered 5.94 times, while institutional and high net worth individuals showed strong interest.
With its upcoming listing, Ventive Hospitality aims to strengthen its position in the luxury hospitality sector, using the proceeds to drive future growth and expansion.
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