Subscribe for Ventive Hospitality Ltd IPO; Anand Rathi

Anand Rathi, has come out with its report on Ventive Hospitality Ltd. The research firm has recommended to “ Subscribe” the ipo in its research report as on December 19 2024.

Broker Research

December 20, 2024 / 11:11 IST

IPO

Anand Rathi, Ventive Hospitality Ltd

Incorporated in 2002, Ventive Hospitality ltd is a hospitality owner with primary focus on luxury offerings across business and leisure segments. All of the company’s hospitality assets are operated by or franchised from global operators, including Marriott, Hilton, Minor and Atmosphere. The Company was founded as the hospitality division of Panchshil Realty, a real estate conglomerate based in Pune which has a presence across the commercial, retail, luxury residential and data center segments. In 2017, pursuant to the acquisition of a 50% stake in the Company, BRE Asia (formerly known as Xander Investment Holding XVI Limited), an affiliate of Blackstone, became 50% shareholder in the Company.

Valuation and Outlook

Hence we believe that the company is well-positioned to benefit from growing hospitality demand in conjunction with relatively low new supply in their key markets and growing tourism industry. We give the “SUBSCRIBE for LONG TERM” rating for the issue.

For all IPO report, click here