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    GRAND CONTINENT HOTELS LTD.

    27 May 2026 | 12:00

    Industry >> Hotels, Resorts & Restaurants

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    ISIN No INE12E301017 BSE Code / NSE Code / Book Value (Rs.) 43.78 Face Value 10.00
    Bookclosure 52Week High 255 EPS 4.98 P/E 22.42
    Market Cap. 278.23 Cr. 52Week Low 77 P/BV / Div Yield (%) 2.55 / 0.00 Market Lot 1,200.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    Our Company was originally incorporated as a private limited company under the Companies Act, 1956 in the name and style of "Grand Continent Hotels Private Limited" pursuant to certificate of incorporation dated November 11, 2011 issued by the RoC, Chennai, Tamil Nadu bearing Corporate Identity Number U55101TN2011PTC083100. Subsequently, our Company was converted into public limited company pursuant to special resolution passed in the EGM held on May 27, 2024, and consequently, the name of our Company was changed to "Grand Continent Hotels Limited" and a fresh certificate of incorporation dated August 30, 2024 consequent upon conversion from private company to public company was issued by RoC, Central Processing Centre bearing CIN U55101TN2011PLC083100.

    MAJOR EVENTS AND MILESTONES:
    2011
    -Incorporation of our Company

    2016
    - Commencement of operations of first Hotel Grand Continent - Bannerghatta Road with 24 Keys

    2017
    - Commencement of operations of Hotel Grand Continent - Malleswaram with 34 Keys

    2018
    - Acquisition of Land and building at Indira Nagar, Bengaluru
    - Acquisition of Land and building at Koramangala, Bengaluru, Karnataka, India

    2019
    - Commencement of operations of Hotel Regenta Inn - Indiranagar with 40 Keys under Royal Orchid Brand.
    - Commencement of operations of Hotel Regenta Inn Grand - 8th Block Koramangala with 40 Keys under Royal Orchid Brand.

    2022
    - Commencement of operations of Hotel Tulip Inn - Ejipura Koramangala with 54 Keys under Sarovar Brand.
    - Commencement of operations of Hotel Regenta Inn - ORR Mahadevapura with 49 Keys under JV Partner Entity "Grand Continent Hotels - 1" under Royal Orchid Brand.
    - Commencement of operations of Hotel Regenta Inn - 4th block Koramangala with 25 Keys under Royal Orchid Brand.

    2023
    - Commencement of operations of Hotel Golden Tulip - Tirupati with 88 Keys under JV Partner Entity "Grand Seven Hill Hotels", under Sarovar Brands, for expansion into spiritual destinations.
    - Commencement of operations of the following hotels under Sarovar Brands:
      a. Hotel Grand Continent - Hosur with 45 Keys; and 
      b. Hotel Grand Continent - Hebbal Manyata with 48 Keys.

    2024
    - Commencement of operations of Hotel Grand Continent - Secunderabad with 40 Keys under Sarovar Brands.
    - Ventured into a new location at Anjuna, Goa by establishing Hotel Grand Continent - Anjuna with 44 Keys under Sarovar Brands.
    - Commencement of operations of the following hotels:
      a. Hotel Grand Continent - Mysore with 40 Keys under Sarovar Brands;
      b. Hotel Grand Continent - Brookfield with 108 Keys under Sarovar Brands;
      c. Hotel Grand Continent - Devanhalli with 36 Keys; and
      d. Hotel Grand Continent - Morjim with 38 Keys.
    - Expanded to 753 keys across 16 hotels located at states viz Karnataka, Goa, Telangana, and Tamil Nadu.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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