Grand Continent Hotels Ltd
Grand Continent |
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About Company
- Grand Continent Hotels Limited was originally incorporated as a Private Limited Company under the Companies Act, 1956 in the name and style of 'Grand Continent Hotels Private Limited' dated November 11, 2011 issued by the RoC, Chennai, Tamil Nadu
- Subsequently, Company was converted into Public Limited Company and name of the Company was changed to 'Grand Continent Hotels Limited' and a fresh Certificate of Incorporation dated August 30, 2024 upon conversion to Public Company was issued by RoC, Central Processing Centre
- At present, the Company is in the business of hospitality (Owning and Development of Hotels)
- It operates in mid-scale hotel sector, consisting of the upper-mid priced, mid-priced and economy hotel segments
- The Company has 16 operational hotels and operates a total of 753 keys across states of Karnataka (Bengaluru), Tamil Nadu (Hosur), Goa (Anjuna), Andhra Pradesh (Tirupati) and Telengana (Secunderabad)
- Ramesh Siva started the hospitality business by setting up its first hotel property in Bengaluru with 54 keys under the name and style 'Grand Continent' on October 21, 2010 located at J P Nagar, 3rd Phase, Bengaluru in the legal name of 'M/s Elysium Holidays India Private Limited'
- The first hotel launched under 'M/s Grand Continent Hotels Limited' commenced operations on Bannerghatta Road, Bengaluru, with 24 keys on April 04, 2016
- Thereafter, the second hotel launched as 'Hotel Grand Continent' started operations in Malleswaram with 34 keys in 2017
- The 'Hotel Regenta Inn' at Indiranagar with 40 keys under the brand 'Royal Orchid' commenced its operations in 2019 followed by 'Hotel Regenta Inn Grand' at 8th Block Koramangala with 40 Keys under the brand 'Royal Orchid' in 2019
- In 2022, Hotel Tulip Inn - Ejipura Koramangala with 54 Keys; Hotel Regenta Inn - ORR Mahadevapura with 49 Keys and Hotel Regenta Inn - 4th block Koramangala with 25 Keys were launched in 2022
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Grand Continent Hotels Ltd?
The current share price of Grand Continent Hotels Ltd (Grand Continent) is ₹196.25. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Grand Continent Hotels Ltd?
Grand Continent Hotels Ltd has a 52-week high of ₹255.00 and a 52-week low of ₹101.90. This range shows the stock's price volatility over the past year.
What is the ROCE of Grand Continent Hotels Ltd?
The Return on Capital Employed (ROCE) of Grand Continent Hotels Ltd is 20.21%. ROCE measures how efficiently the company generates profits from its capital, indicating management effectiveness.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
