Grand Continent Hotels Limited
ListedSMEConsumer Services / Hospitality · NSE
Grand Continent Hotels Limited, founded in 2011, is a mid-market hotel chain in India with 19 properties across six major cities, offering over 900 rooms. The company provides affordable, comfortable stays tailored to middle-class travelers and business professionals. As of September 30, 2024, Grand Continent Hotels and its JV partners operate 16 hotels with 753 rooms across Karnataka (Bengaluru/Mysuru), Tamil Nadu (Hosur), Goa (Anjuna/Morjim), Andhra Pradesh (Tirupati), and Telangana (Secunderabad). Each hotel is strategically located in key urban areas, featuring well-furnished rooms with cozy bedding, air conditioning, workspaces, and modern amenities like on-site dining, conference and banquet facilities, 24/7 front desk support, free Wi-Fi, and easy access to transport hubs. Dedicated to enhancing guest experiences, the company continuously improves its services to meet evolving expectations. As of September 30, 2024, Grand Continent Hotels Limited employed 538 people across various roles.
Price Band
₹107 – ₹113
Issue Size
₹74.46 Cr
Lot Size
1200 shares
GMP
₹1
+0.9%
Est. Listing
₹114
at current GMP
Subscribed
1.79x
overall
Open
20 Mar 2025
Close
24 Mar 2025
Allotment
25 Mar 2025
Refund
26 Mar 2025
Demat Credit
27 Mar 2025
Listing
27 Mar 2025
Last updated 12 days ago
Live Grey Market Premium
Grand Continent Hotels Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹1+0.9%
Issue Price (Upper)
₹113
Band: ₹107 – ₹113
Estimated Listing Price
₹114
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,35,600
Estimated Profit / Lot
₹1,200
1200 × ₹1
Grand Continent Hotels Limited GMP Historical Trend
GMP History
Grey Market Premium trend
—
▲ 0 today
Updated 11 months ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 18 Mar 2025 | — | 0.0% | ₹113 |
| 19 Mar 2025 | — | 0.0% | ₹113 |
| 20 Mar 2025 | — | 0.0% | ₹113 |
| 21 Mar 2025 | — | 0.0% | ₹113 |
| 24 Mar 2025 | — | 0.0% | ₹113 |
| 25 Mar 2025 | +₹1 | 0.9% | ₹114 |
| 12 Nov 2025 | +₹1 | 0.9% | ₹114 |
| 25 Nov 2025 | +₹1 | 0.9% | ₹114 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Grand Continent Hotels Limited Public Issue & Market Profile
Grand Continent Hotels Limited is bringing an initial public offering (IPO) in the Consumer Services / Hospitality sector with an aggregate issue size of ₹74.46 Crores. The shares are offered at a price band of ₹107 to ₹113 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,35,600 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-03-27, while un-allotted funds or UPI block mandates will be released on 2025-03-26.
Frequently Asked Questions
What is Grand Continent Hotels Limited IPO GMP today?
The latest grey market premium for Grand Continent Hotels Limited IPO is ₹1, which indicates an expected listing price of ₹114.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.