Ventive Hospitality Limited (Formerly known as ICC Realty (India) Private Limited) was incorporated as a Private Limited Company on February 12, 2002. The status of the Company got converted from Private Limited to Public Limited and the name of the Company has changed to Ventive Hospitality Limited at Registrar of Companies, Pune on August 28, 2024.
Ventive Hospitality Limited is a a hospitality asset owner primarily focused on luxury offerings across business and leisure segments in India and the Maldives. The portfolio comprises 11 operational hospitality assets, totalling 2,036 keys, across India and the Maldives. All its properties are operated by leading global hospitality brands, including Marriott International, Hilton, Minor Hotels, and Atmosphere Hotels & Resorts.
The Company was founded as the hospitality division of Panchshil Realty, a real estate conglomerate based in Pune which has presence across the commercial, retail, luxury residential and data center segments. The Company is engaged in the business of leasing of commercial spaces, operation of a retail mall, operation of a commercial hotel and operation of windmills.
Apart from this, all the hospitality assets are operated by or franchised from global operators, including Marriott, Hilton, Minor and Atmosphere. The luxury hospitality assets comprise JW Marriott, Pune, The Ritz-Carlton, Pune, Conrad, Maldives, Anantara, Maldives and Raaya by Atmosphere, Maldives.
The Company started operations o ...f ICC Offices at Pune in year 2005. It opened the Marriott Hotel, in Pune in 2010. Xander Investment Holding XVI Limited acquired 48.99% of the equity share capital of the Company in 2010. In 2017, BRE Asia ICC Holdings Ltd (formerly known as Xander Investment Holding XVI Limited), an affiliate of Blackstone, became 50% shareholder in the Company, pursuant to acquisition of a 50% stake in the Company.
In 2024, the Company acquired Varanasi Hotel under a non-binding MOU with Marriott; Marriott Aloft ORR Bengaluru; DoubleTree by Hilton, Pune; Oakwood Residences, Pune; Marriott Suites, Pune; Marriott Aloft Whitefield Bengaluru; Courtyard by Marriott, Pune; Panchshil Tech Park, Pune; Business Bay, Pune; The Ritz-Carlton, Pune; Raaya by Atmosphere, Maldives; Anantara, Maldives, Conrad, Maldives, Sri Lanka hotel, with Marriott.
Company launched the IPO of issuing 24,884,120 equity shares of face value of Re 1 each raising Rs 1600 Cr funds through fresh issue in December, 2024.
FAQs on Ventive Hospitality Ltd
1. Can I buy Ventive Hospitality Ltd from PL Capital? ›
Yes, you can invest in Ventive Hospitality Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Ventive Hospitality Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Ventive Hospitality Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Ventive Hospitality Ltd pay dividends? ›
Ventive Hospitality Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Ventive Hospitality Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Ventive Hospitality Ltd. is ₹ 645 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Ventive Hospitality Ltd ? ›
The 52-week high and low of Ventive Hospitality Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
