ITC hotel share pirce issue?

Zerodha
21

Hi @Balaji_Badri @anubhavsood

Is the ITC HOTELS avg price issue resolved?
Is it mandatory to raise a ticket regarding this?

Please advice.

Thanks

22

The issue still persist for me. Although I was asked to raise a ticket, it was closed as a known issue and they are still working on it. So I am waiting like others here.

Thanks
Balaji

23

Noted, Thanks for your advice,

24

I would suggest everyone here to raise ticket & asking to resolve until they resolve fully for all.

25

Hi @Testing_Act1 @josernt @Balaji_Badri @anubhavsood @Venkatesh_S

Team has the fixed the issue for almost all the iDs. If the issue still persists, can you please DM me your ID ? Will get it checked and fix it.

26

same for me …

27

Already raised ticket & got update like issue will be resolved in 48 hrs. Looks like you guys have some communication issue. please check @Meher_Smaran

28

@Meher_Smaran Hi, my ITC hotels avg price got updated in Kite but my ITC avg price is not corrected ? Will it take time to correct them ?

29

Hi,

ITC Hotel Avg value addedd, but it is higher than the ITC avg cost. also noticed ITC avg is not updated.

30

Yes, the average cost of ITCHOTELS has been updated in Kite, but the cost allocation is completely unjustifiable and raises serious concerns about ITC’s intent behind this demerger.

The cost assigned to ITCHOTELS (₹576.96 in my case) is vastly inflated compared to its actual market-discovered value. The price discovery on listing day showed that ITCHOTELS accounted for only ~4.31% of ITC’s pre-demerger value, yet ITC arbitrarily allocated 13.51% of the cost to ITCHOTELS. This discrepancy is not just an error—it appears to be a deliberate misallocation.

This artificially high cost forces ITC shareholders to hold ITCHOTELS at an inflated book value, discouraging them from selling. Meanwhile, ITC’s cost is artificially deflated, making it seem like a better investment post-demerger. This raises serious ethical and regulatory concerns—was this structured to benefit select institutional investors at the expense of retail shareholders?

A demerger should unlock value, not be used as a tool to manipulate cost allocations to mislead shareholders. The current structure makes ITCHOTELS appear more valuable now than when it was part of ITC, which is financially absurd. If ITC’s intent was genuine value unlocking, why didn’t it let the market determine the fair cost split instead of imposing this distorted allocation?

Zerodha should escalate this issue with the relevant authorities and seek an explanation from ITC. Retail investors deserve accountability.

31

For me issue still persists, please check and resolve

Ticket ID #20250226628489

1 Like
32

Issue is not yet resolved

#20250227700600

Need help

1 Like
33

Hi @Aliakbar_Riyaz, The team has fixed the issue. You should be able to see the correct values in the next 24 working hrs.

Hi @Milind_Tendulkar, The team is fixing your issue. You should be able to see the correct values in the next 24-48 working hrs.

34

Ticket raised on 7th February 2025, ticket no. 20250211426046. ITC share buy price issue still persist. Please check and resolve AEAP.

1 Like
35

@Meher_Smaran -
Raised a ticket - #20250228121317

1 Like
36

#20250301881184 - issue still persists please help

1 Like
37

#20250301410885 - I have raised a ticket for this issue. Please fix it. Thanks.

1 Like
38

Hi @Meher_Smaran
ITC hotels price is updated for me but average price is showing 641.9 , but it should be around 180 right ?
When this will be modified to correct value ?

39

Getting this checked, @Rakshit17

40

What should be the avg price for itchotels?