Ventive Hospitality Limited is a leading luxury hospitality asset owner with 11 premium properties across India and the Maldives, featuring renowned brands like JW Marriott, The Ritz-Carlton, and Conrad. With a portfolio of 2,036 keys, our luxury assets contribute over 80% of our pro forma revenue from hotel operations. Their award-winning properties command ARR premiums in their respective markets, driven by superior offerings and exceptional customer experiences. Supported by a proven track record of acquisitions and development, they have added over 1,000 keys since 2019. Their IPO offers a unique opportunity to invest in a high-growth luxury hospitality portfolio backed by global operators.
Issue size
Funds Raised in the IPO
Amount
Overall
₹TBA crores
Fresh Issue
₹TBA crores
Utilisation of proceeds
Purpose
INR crores (%)
Repayment/prepayment of certain borrowings
1400
General corporate purposes
TBA
Financials
Financial Year Ended
March 2022
March 2023
March 2024
September 2024
Total Assets
824.92
779.29
951.97
8714.47
Revenue
237.51
441.75
494.71
388.93
Profit After Tax
29.43
131.27
166.32
-20.76
Strengths
Owns premium hotels in India and the Maldives (JW Marriott, Ritz-Carlton).
The luxury segment drives 80%+ of hotel revenue.
Commands premium room rates.
Strong acquisition-led growth since 2019.
Risks
Reliance on the luxury segment makes it vulnerable to economic downturns.
High debt from acquisitions.
Legal and regulatory risks in India and the Maldives.
Dependency on global operators for asset management.