Upcoming IPO, March 17 -- Grand Continent Hotels IPO will open for subscription on Thursday, March 20, and close on Monday, March 24. Grand Continent Hotels IPO price band has been fixed in the range of Rs.107 to Rs.113 per equity share of face value of Rs.10 each. Bids can be made for a minimum of 1,200 equity shares and in multiples of 1,200 equity shares thereafter.

The floor price is 10.70 times of the face value and the cap price is 11.30 times of the face value of the equity shares.

Established in 2011, Grand Continent Hotels Limited is a hotel chain based in India. The company focuses on the mid-market segment, managing 19 properties in six major Indian cities, with a total of over 900 rooms available.

Each hotel is strategicall...