Brigade Hotel Ventures Ltd. IPO logo

Brigade Hotel Ventures Ltd. IPO Details – Price, Date, GMP & Analysis

Listed
Mainboard
Price Range:
Rs.90
Issue Size:
Rs.759.60 Cr
Lot Size:
166 shares
Open Date:
July 24

Brigade Hotel Ventures Ltd. IPO Overview

Bidding Dates
July 24 - July 28
Min Investment
₹14,940
Price Range
₹90
Issue Size
759.60 Cr
IPO DRHP Doc

Company Overview

Brigade Hotel Ventures Limited is a developer of hotels in key cities in India, primarily in South India. It is a wholly-owned subsidiary of BEL, a leading Indian real estate developer. The company owns chain-affiliated hotels and rooms across several states and Union territories, providing a comprehensive customer experience with amenities like fine dining, meeting venues, lounges, swimming pools, spas, and gyms. Brigade Hotel Ventures has a portfolio of nine operating hotels with 1,604 keys, managed by global hospitality brands such as Marriott, Accor, and InterContinental Hotels Group.

IPO Timeline

Opens

Jul 24

Closes

Jul 28

Allotment

Jul 29

Refunds

Jul 29

Shares Credit

Jul 30

Listing

Jul 31

Latest Subscription Data

CategorySubscriptionStatus
QIB (Qualified Institutional Buyers)5.74xOversubscribed
NII (Non-Institutional Investors/HNI)2.03xOversubscribed
RII (Retail Individual Investors)6.83xOversubscribed
Total Subscription4.76xOversubscribed

Last updated: Jul 28, 2025, 05:06 PM

Current GMP:
No Premium
Est. Listing:
Rs.90
Est. Gain:
0%
Star Rating:
(1/5)

Financial Information

Financial Data Table

Detailed breakdown of financial metrics across years

Financial Metric202520242023
Assets947.57 Cr886.78 Cr840.67 Cr
EBITDA166.87 Cr144.61 Cr113.98 Cr
Net Worth78.58 Cr58.74 Cr33.81 Cr
Profit After Tax23.66 Cr31.14 Cr3.09 Cr
Revenue470.68 Cr404.85 Cr356.41 Cr
Total Borrowing617.32 Cr601.19 Cr632.5 Cr
Financial data is visualized in the chart above

Strengths & Risks Analysis

Key Strengths

Competitive advantages and positive aspects

  • Operates hotels in prime South Indian cities, offering location-driven visibility.
  • Partners with established global brands like Marriott, Accor, and IHG.
  • Backed by Brigade Enterprises, providing strategic and financial support.
  • Operates a growing portfolio of 1,600+ rooms across nine hotels.

IPO Details

Brigade Hotel Ventures IPO Details

₹10 per share
₹3.00
₹90 per share
166 Shares
29,54,30,000 shares
37,98,30,000 shares
8,44,00,000 shares (aggregating up to ₹759.60 Cr)
BSE, NSE
IPO DateJuly 24, 2025 to July 28, 2025
Issue TypeBookbuilding IPO
July 31, 2025
Sale TypeFresh Capital

Brigade Hotel Ventures IPO Reservation

Share Reservation Distribution

QIB
60,135,000 shares (71.23%)
Anchor Investors
36,081,000 shares (42.74%)
QIB (Ex-Anchor)
24,054,000 shares (28.49%)
HNI (NII)
12,027,000 shares (14.25%)
bNII (>₹10L)
8,018,000 shares (9.5%)
Retail
8,018,000 shares (9.5%)
sNII (<₹10L)
4,009,000 shares (4.75%)
Shareholders
3,376,000 shares (4%)
Employee
873,103 shares (1.03%)

Brigade Hotel Ventures IPO Promoter Holding

Share Holding Post Issue74.09%
Share Holding Pre Issue95.26%

Brigade Hotel Ventures IPO Listing Details

₹90 per share
544457
BRIGHOTEL
EQ
INE03NU01014
July 31, 2025