Grand Continent Hotels IPO Allotment Today: Check Status, GMP, and Listing Date
The allotment of shares for Grand Continent Hotels IPO is expected to be finalized today, March 25, 2025. The IPO, which closed on March 24, 2025, received a strong response from investors, with the offering oversubscribed by nearly 1.79 times. Here’s a breakdown of the subscription details:
- Qualified Institutional Buyers (QIBs): Subscribed 2.93 times to their reserved category.
- Non-Institutional Investors (NIIs): Subscribed 1.39 times.
- Retail Investors (RIs): Subscribed 1.32 times.
Once the allotment is finalized, investors can check their status on the official websites of the National Stock Exchange (NSE) and MUFG Intime India (Link Intime India), the registrar for the IPO.
