Ventive Hospitality continues to trade with high dividends for a respectable listing: Here’s what investors should do

After D-Street’s revelation today (December 30), shares of Ventive Hospitality continued to trade higher. At around 12:07 pm, the company’s shares were trading nearly 13 percent higher at Rs 725.05, and today’s high is Rs 748.8 per share.

The BSE scrip was issued at a respectable premium of 11.69 per cent at Rs 718.15 per share, while on the NSE it started at Rs 716, marking a premium of over 11 per cent compared to the issue price of Rs 643.

Zee Business Managing Editor Anil Singhvi expected the stock to list close to Rs 700 per share.

Shivani Nyati, Head of Wealth at Swastika Investmart suggested that investors participating in the initial public offering (IPO) of Ventive Hospitality should only take the benefit of the listing.

Ventive Hospitality is a hospitality owner specializing in the provision of luxury across the business and leisure sectors. The company exhibits a proven track record of growth and acquisition-led expansion. However, the pro forma numbers show good financial performance, which suggests caution, Nyati noted.

The company’s debt burden has increased, adding to financial risks, Nyati added.

Singhvi, however, advised investors to buy the scrip near the issue price, if the stock falls. Further, short-term investors are advised to maintain a stop loss of Rs 670 and continue to follow.

However, long-term investors can ‘hold’ the script, as the stock can deliver multibagger returns 2 times in 2-3 years.

Ventive Hospitality IPO registration

The company was subscribed 9.8 times during the IPO bidding process which was open between December 20- December 24, 2024.

Details of Ventive Hospitality IPO

The IPO, set at a price range of Rs 610-643 per share, aims to raise Rs 1,600 crore through fresh issue of equity shares. Ventive, a joint venture between Blackstone Group and Panchshil Realty, has a portfolio of 11 luxury properties in India and the Maldives.