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Ventive Hospitality's Rs 1,600-cr IPO to open on Dec 20
The Daily Guardian
|December 18, 2024
Ventive Hospitality on Tuesday fixed a price band of Rs 610-643 per share for its initial share sale, which will open for public subscription on Friday.
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The initial public offering (IPO) is scheduled to conclude on December 24, while the bidding for anchor investors will open for a day on December 19, the company announced.
The IPO is entirely a fresh issue of equity shares of up to Rs 1,600 crore and no offer-for-sale component.
The company proposes to utilise the net IPO proceeds towards funding the debt payment, including payment of interest accrued thereon.
This story is from the December 18, 2024 edition of The Daily Guardian.
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