
Prestige Hospitality Ventures Limited IPO
BSE, NSEOffer Date Coming Soon
₹ NaN /N/A Shares
TBA
Open DateTBA
Close DateTBA
Allotment DateTBA
Listing DatePrestige Hospitality Ventures IPO Issue Details
- Issue Price ₹N/A per equity share
- Face Value ₹5 Per Equity Share
- Listing at BSE, NSE
- Lead Manager JM Financial Ltd
CLSA India Pvt.Ltd.
JP Morgan India Pvt.Ltd.
Kotak Mahindra Capital Co.Ltd. - Registrar Kfin Technologies Ltd
Prestige Hospitality Ventures IPO Details
- Retail Portion 10%
Prestige Hospitality Ventures IPO Reservation
Prestige Hospitality Ventures IPO offers total NA shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,NA (NA%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
Investor Category | Shares Offered | Maximum Allottees |
---|---|---|
Anchor Investor Shares Offered | NA (NA%) | |
QIB Shares Offered | NA (NA%) | |
NII (HNI) Shares Offered | NA (NA%) | |
bNII < ₹10L | NA (NA%) | |
sNII < ₹10L | NA (NA%) | |
Retail Shares Offered | NA (NA%) | |
Total Shares Offered | NA (NA%) |
Prestige Hospitality Ventures IPO Documents
Prestige Hospitality Ventures IPO Details
Prestige Hospitality Ventures Limited IPO is an upcoming book-building Mainboard IPO with a total issue size of ₹N/A crores. and a face value of ₹5 Per Equity Share each
The IPO dates, including opening and closing, are yet to be announced. The price band for the issue is also awaited
The allotment date and listing timeline will be updated once officially declared
JM Financial Ltd. are acting as the Book Running Lead Managers for this IPO. , while Kfin Technologies Ltd, is the registrar to the issue.
Prestige Hospitality Ventures Valuations
Prestige Hospitality Ventures Company Financials
31-Dec-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
---|---|---|---|---|
Assets | 3822.24 | 3729.88 | 3330.17 | 3114.38 |
Revenue | 1012.93 | 1024.64 | 1049.26 | 320.86 |
Profit After Tax | 67.79 | 161.78 | 156.20 | 86.16 |
Net Worth | 78.90 | 79.63 | 81.92 | 82.34 |
Total Borrowing | 1752.80 | 1752.80 | 1818.29 | 1733.35 |
About Prestige Hospitality Ventures Company
Prestige Hotel Ventures is a luxury, upper upscale, and upper midscale hotel asset owner and developer company with business and leisure traveler segments in India. It is promoted by the Prestige Group and is backed by Prestige Estates Projects Limited (PEPL), a 38-year-old experienced real estate developer with a market capitalization of ₹729.66 billion as on December 31, 2024.
PEPL has a presence in residential, commercial, hospitality, and retail segments. PEPL's portfolio consists of Operating, Ongoing, and Upcoming Hospitality Assets. The portfolio as of December 31, 2024, consists of:
Seven Operating Assets with 1,445 keys (including one undergoing renovation with 190 keys)
Three Ongoing Assets with 951 anticipated keys
Nine Upcoming Assets with 1,558 anticipated keys.
The hotels owned by the company are situated in key Indian cities such as Bengaluru, Delhi-NCR, Mumbai, Goa, Hyderabad, and Chennai.
As of December 2024, the business had 1,638 permanent staff.
Prestige Hospitality Ventures - Promoter(s)
Prestige Estates Projects Limited
Pre Issue Share Holding : N/A%
Post Issue Share Holding : N/A%
Prestige Hospitality Ventures IPO - Issue Objectives
Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by the Company
Material Subsidiaries, namely, Sai Chakra Hotels Private Limited and Northland Holding Company Private Limited, through investment in such subsidiaries
Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Contact Details
Prestige Hospitality Ventures
Prestige Falcon Tower, No.19, Brunton Road, Bangalore Urban, Karnataka, 560025
+91 80 25591080
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Prestige Hospitality Ventures IPO - FAQs
Ans. Prestige Hospitality Ventures Limited IPO is a Upcoming IPO. The issue is priced at ₹N/A per equity share. The minimum order quantity is N/A Shares. The IPO opens on TBA, and closes on TBA. Kfin Technologies Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Prestige Hospitality Ventures Limited IPO opens on TBA and closes on TBA.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Prestige Hospitality Ventures Limited IPO is ₹2700 Crores Approx.
Ans. The Prestige Hospitality Ventures Limited IPO price band is set between ₹N/A per equity share.
Ans. To apply for Prestige Hospitality Ventures Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Prestige Hospitality 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 Prestige Hospitality Ventures Limited IPO is TBA.
Ans. The Prestige Hospitality Ventures Limited IPO will be listed on TBA.
Ans. Follow the steps to check the Prestige Hospitality Ventures Limited IPO allotment status online.