Ventive Hospitality, a Blackstone JV, lines up Rs 2,500-crore IPO

Ventive Hospitality, a joint venture between Blackstone Group and Panchshil Realty, plans to file for an IPO to raise ₹2,500 crore. The company owns luxury hotels in India, the Maldives, and Sri Lanka. JM Financial and Kotak Mahindra Capital are appointed for the IPO process.