News Minimalist logo

News Minimalist

All news ranked by significance

Grand Continent Hotels IPO opens March 20 in India

livemint.com —

Grand Continent Hotels will launch its IPO on March 20, closing on March 24. The price range is set at ₹107 to ₹113 per share. The company plans to use the funds for loan repayment and expansion. The IPO includes a fresh issue of shares worth up to ₹70.74 crore and an offer for sale of 328,800 shares by a promoter. Bids can be made for a minimum of 1,200 shares. Currently, the grey market premium for the IPO is ₹0, indicating no premium or discount on the issue price. Grand Continent Hotels operates 19 properties across six major Indian cities.

With a significance score of 1.7, this news ranks in the top 66% of today's 18447 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 9000 minimalists.

More on this topic:

    [1.8]
    Top Line sets IPO price at P0.31 per share (inquirer.net)
    8h
    LinkSource
    [1.7]
    Grand Continent Hotels IPO opens March 20 in India (livemint.com)
    1d 12h
    LinkSource
    [1.7]
    Paradeep Parivahan IPO opens today for public bidding (economictimes.indiatimes.com)
    1d 15h
    LinkSource
    [1.4]
    Zomato shares fell 1.97% to ₹205.45 today (livemint.com)
    1d 15h
    LinkSource