Grand Continent Hotels IPO allotment today; check status, GMP, listing date

Q: How long will it take to read this news story?

The story "Grand Continent Hotels IPO allotment today; check status, GMP, listing date" has 465 words across 21 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Grand Continent Hotels IPO allotment today; check status, GMP, listing date" was covered 3 days ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 287 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #27307145</li><li>URL: https://beamstart.com/news/grand-continent-hotels-ipo-allotment-1742872465780</li></ul>

Business Standard Logo Business Standard 3d ago

Grand Continent Hotels IPO allotment today; check status, GMP, listing date - Business Standard

Quick Summary:

Once the allotment is finalised, 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.

The company, however, proposes to utilize the proceeds from the fresh issue for the repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed, as well as for the expansion of hotel properties in India.

Grand Continent Hotels operates in the mid-scale hotel segment, catering to upper-mid-priced, mid-priced, and economy customers.