IPO Details

About Company

Founded in 2011, Grand Continent Hotels Limited is an Indian hotel chain catering to the mid-market segment. The company operates 19 properties across six major cities, offering over 900 rooms to business and leisure travelers. Each hotel is strategically located in prime urban areas, ensuring convenience and value for money. Grand Continent Hotels focuses on seamless service, user-friendly infrastructure, and consistently updated offerings to meet evolving guest expectations. As of September 30, 2024, the company and its JV partner entities manage 16 hotels with 753 keys across Karnataka (Bengaluru/Mysuru), Tamil Nadu (Hosur), Goa (Anjuna/Morjim), Andhra Pradesh (Tirupati), and Telangana (Secunderabad). The company primarily serves Indian middle-class guests and business travelers, providing comfortable, value-driven hospitality. Each Grand Continent Hotels property features: - well-furnished rooms with air conditioning, workspaces, and comfortable bedding - on-site dining with a variety of cuisines - conference and banquet facilities for meetings and events - 24/7 front desk and customer support - complimentary Wi-Fi and business services - easy access to transport hubs and commercial areas As of September 30, 2024, the company employed 538 individuals across various departments.