Brigade Hotel Ventures Limited IPO
MainboardHotels & Resorts
Listed On: Jul 31, 2025 at ₹ 81.1(NSE)
₹ 14940 /166 Shares
Check AllotmentPrice Summary
Last Closing
85.03 (-5.52%)52 Week High
87.8452 Week Low
77.43Last Update
18-Aug-2025 3:30 PM24 Jul, 2025
Open Date28 Jul, 2025
Close Date29 Jul, 2025
Allotment Date31 Jul, 2025
Listing DateIssue Price
₹85-90 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedList Price
81.1(NSE)Listing Date
2025-07-31Market Lot
Retail : 166 Shares (₹14,940/-)S-HNI : 2,324 Shares (₹2,09,160/-)
B-HNI : 11,122 Shares (₹10,00,980/-)
Lead Manager
Jm Financial LimitedICICI Securities Limited
Issue Size
8,44,00,000 shares(aggregating up to ₹759.60 Cr)Retail Portion
10% (Number of Retail Applications: 48,301 Approx),(Number of S-HNI Applications : 1,725 Approx),
(Number of B-HNI Applications : 3,450 Approx),
(Number of Shareholder Applications : 20,337 Approx)
Subscription
4.48 timesBrigade Hotel Ventures IPO Details
Brigade Hotel Ventures IPO is a book-built issue of ₹759.6 crores, The total issue size is ₹759.6 crores. The IPO of Brigade Hotel Ventures is priced at ₹85-90 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Jul 24, 2025 and ends on Jul 28, 2025. The allotment for Brigade Hotel Ventures IPO will be finalized on Jul 29, 2025. Brigade Hotel Ventures IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jul 31, 2025. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Limited is the registrar of the issue.
Retail investors can bid for a minimum of 166 shares, extendable to 14,940. S-HNIs will be able to bid for 2,324 shares at ₹2,09,160, while B-HNIs can also apply for a bid of 11,122 shares at ₹10,00,980. The book-running lead manager for the IPO is/are Jm Financial Limited , ICICI Securities Limited.
The total issue ₹759.6 crore, comprising a fresh issue of 8,44,00,000 shares ₹759.6 crore and
The Brigade Hotel Ventures IPO sets its price band at 85-90 for each share. A single application for Brigade Hotel Ventures Limited IPO must contain at least 166 shares. Sentiment investors need to invest a minimum of 166 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,940 In order to participate in the sNII, investors must purchase at least 14 lots of 2,324 shares for ₹2,09,160, while the bNII requires 67 lots of 11,122 shares for an investment of ₹10,00,980.
Brigade Hotel Ventures IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 2,40,54,000 | 1,20,27,000 80,18,000 40,09,000 | 80,18,000 | 4,83,48,103 |
| Day 1 - 24-07-25 05:00 PM | 0.08 x | 0.42 0.29 x 0.68 x | 2.50 x | 0.63 x |
| Day 2 - 25-07-25 05:00 PM | 0.08 x | 0.98 0.70 x 1.53 x | 4.65 x | 1.19 x |
| Day 3 - 28-07-25 05:00 PM | 5.42 x | 1.92 1.58 x 2.59 x | 6.40 x | 4.48 x |
Brigade Hotel Ventures Valuations
EPS Pre IPO
₹0.72/-EPS Post IPO
₹/-P/E Pre IPO
125P/E Post IPO
ROCE
13.62%Debt/Equity
7.40RoNW
30.11%PAT Margin
5.03%Price to Book Value
32.26Brigade Hotel Ventures Company Financials All values are in ₹ Cr.
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 947.57 | 886.78 | 840.67 |
| Revenue | 470.68 | 404.85 | 356.41 |
| Profit After Tax | 23.66 | 31.14 | -3.09 |
| Net Worth | 78.58 | 58.74 | 33.81 |
| Total Borrowing | 617.32 | 601.19 | 632.5 |
About The Company
Brigade Hotel Ventures Limited is the owner and builder of hotels in major cities in India, mainly in South India. The company is a fully-owned subsidiary of BEL, one of India's top-ranked Indian realty developers.
The firm owns chain-branded hotels and rooms in South India (inclusive of the states of Kerala, Andhra Pradesh, Tamil Nadu, Karnataka, Telangana, and Union territories Lakshadweep, Andaman and Nicobar Islands and Pondicherry) among large private hotel asset owners (i.e., having minimum 500 rooms pan India) as on June 30, 2024.
The hotels offer an integrated customer experience, such as fine dining and specialty restaurants, meeting places for incentives, conferences, and exhibitions (MICE), lounges, swimming pools, open areas, spas, and gymnasiums.
The company have nine operating hotels under their portfolio spread across Bengaluru (Karnataka), Chennai (Tamil Nadu), Kochi (Kerala), Mysuru (Karnataka) and the GIFT City (Gujarat) with 1,604 keys. The company's hotels are managed by international marquee hospitality players like Marriott, Accor and InterContinental Hotels Group.
Brigade Hotel Ventures - Strength and Weakness
Strategically Located Award Winning Hotels with Diversified Offerings in Key Cities: It has a portfolio of nine operating hotels across Bengaluru, Chennai, Kochi, Mysuru, and the GIFT City with 1,604 keys as of the date of its DRHP.
Efficient Asset Management: Focus on optimizing operations to drive profitability and operational efficiency.
Commitment to ESG Practices: Emphasis on environmental, social, and governance standards enhances brand value and sustainability.
High Dependence on Select Hotels and Operators: Over 60% of revenue comes from a few hotels and Marriott-operated properties, posing concentration and operator dependency risks
Geographic Concentration in Bengaluru: Bengaluru hotels alone contributed 62.91% of revenue in FY24, making the company vulnerable to regional disruptions.
Operator Agreement Risks: Termination or non-renewal of agreements with Marriott, Accor, or IHG could significantly impact operations and revenues.
Brigade Hotel Ventures - Promoter(s)
Pre Issue Share Holding: 95.26%
Post Issue Share Holding: 74.09%
- Brigade Enterprises Limited
Brigade Hotel Ventures IPO - Issue Objectives
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the: (i) Company; and (ii) Material Subsidiary, namely, SRP Prosperita Hotel Ventures Limited.
- Payment of consideration for buying of undivided share of land from our Promoter, BEL
- Pursuing inorganic growth through unidentified acquisitions, other strategic initiatives, and general corporate purposes.
Brigade Hotel Ventures IPO - Anchor Investors
SBI Mutual Fund, Franklin India, 360 ONE Special Opportunities Fund, Axis Mutual Fund, Motilal Oswal AMC, Bandhan Mutual Fund, Edelweiss Trusteeship, Nuvama, and Edelweiss Life Insurance Company were the marquee institutional investors who participated in the anchor book.
Six of the domestic mutual funds have made an investment of Rs 229.4 crore (70.6 percent of anchor investor's total investment) in the company under their 12 schemes.
Other Details
Brigade Hotel Ventures
29 th & 30 th Floor, World Trade Center, Brigade, Gateway Campus, 26/1, Dr. Rajkumar Road, Malleswaram RajajinagarKfin Technologies Limited
Phone: 04067162222, 04079611000
Email: ipo@kfintech.com
Brigade Hotel Ventures IPO - FAQs
Ans. Brigade Hotel Ventures Limited IPO is a Mainboard IPO. The issue is priced at ₹85-90 per equity share. The minimum order quantity is 166 Shares. The IPO opens on Jul 24, 2025, and closes on Jul 28, 2025. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Brigade Hotel Ventures Limited IPO opens on Jul 24, 2025 and closes on Jul 28, 2025.
Ans. The size of Brigade Hotel Ventures Limited IPO is 8,44,00,000 shares(aggregating up to ₹759.60 Cr).
Ans. The IPO price band is set between ₹85-90 per equity share.
Ans. To apply for Brigade Hotel Ventures Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Brigade Hotel Ventures Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Brigade Hotel Ventures Limited IPO is Jul 29, 2025.
Ans. The Brigade Hotel Ventures Limited IPO will be listed on Jul 31, 2025.
Ans. Follow the steps to check the allotment status for Brigade Hotel Ventures Limited IPO here.
