Grand Continent Hotels Ltd Share Price

Summary

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). The Promoter Mr. 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. T
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