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Grand Continent Hotels IPO Day 2: Grand Continent Hotels shares get subscribed 0.48x times on day 2!

Grand Continent Hotels Limited IPO reached a 0.48x subscription on Day 2, reflecting steady investor confidence. This showcases faith in the company’s expansion strategy, market opportunities, and promising long-term growth potential.
Grand Continent Hotels IPO Day 2: Grand Continent Hotels shares get subscribed 0.48x times on day 2!
Grand Continent Hotels IPO Day 2: Grand Continent Hotels shares get subscribed 0.48x times on day 2!

Grand Continent Hotels Limited IPO attained a 0.48x subscription on Day 2, demonstrating growing investor confidence. This reflects trust in the company’s strategic expansion, strong industry potential, and promising long-term growth. Investors recognize its market opportunities, reinforcing optimism about its future success in the hospitality sector.

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Grand Continent Hotels Ltd IPO Subscription Status

Grand Continent Hotels Limited IPO saw a 0.35x subscription on Day 1, reflecting cautious investor sentiment. This indicates confidence in the company’s growth potential, expansion plans, and industry prospects while highlighting a measured approach toward market participation.

How to check Grand Continent Hotels Ltd IPO Subscription Status?

Steps to check Grand Continent Hotels Ltd IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Grand Continent Hotels Ltd IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Grand Continent Hotels Ltd IPO Allotment Status

The allotment date for the Grand Continent Hotels Ltd IPO is set for March 25, with shares priced from ₹107 to ₹113 per share and a face value of ₹10. The offering consists of lots of 1,200 shares, with bids accepted for these lots or their multiples.

Grand Continent Hotels Ltd IPO Listing Date 

Grand Continent Hotels Ltd IPO is expected to be listed on the NSE SME on March 27, 2025.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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