Ventive Hospitality made a strong stock market debut on the BSE, opening at 718.15, which is 75.15 or 11.69% higher than its issue price of 643.

The stock is currently trading at 724.85, marking a rise of 81.85 or 12.73% above its issue price. It has recorded a high of 748.80 and a low of 706.10 during the session, with a total of 6.56 lakh shares exchanged on the counter so far.

The IPO, open for subscription from December 20 to December 24, 2024, saw an oversubscription of 9.82 times. The issue price was set at 643 per share, the upper limit of the 610-643 price band.

Ventive Hospitality specializes in owning luxury hospitality assets, catering to both business and leisure travelers. The company focuses on developing and managing premium hotels and resorts.