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Ventive Hospitality LimitedOthers, 13-08-2025: Monitoring Agency Report

13-08-2025 | 08:23 pm

Ventive Hospitality has received its IPO proceeds utilization report for the quarter ended June 30, 2025, from Crisil Ratings. The report confirms the company has utilized nearly all of its Rs 1,600 Cr IPO proceeds as per the initial plan, with no deviations. The primary use of Rs 1,400 Cr for debt repayment was completed by March 31, 2025. An additional Rs 18.50 Cr was deployed from general corporate purposes towards subsidiary debt repayment during the quarter. Only Rs 4.59 Cr remains unutilized in the public issue account, indicating effective and timely deployment of raised capital.

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