brigade hotel ventures limited

brigade hotel ventures limited

BRIGHOTEL • ISIN: INE03NU01014

BSE, NSE

Listing Price: ₹81.1

-9.89% Loss
About Company

Brigade Hotel Ventures Limited is the owner and developer of hotels in key cities in India, primarily across South India. The company is a wholly-owned subsidiary of BEL, which is one of the leading Indian real estate developers in India.

The company owns chain-affiliated hotels and rooms in South India (comprising the states of Kerala, Andhra Pradesh, Tamil Nadu, Karnataka, Telangana, and the Union territories Lakshadweep, Andaman and Nicobar Islands and Pondicherry) among major private hotel asset owners (i.e., owning at least 500 rooms pan India) as of March 31, 2025.

The hotels provide a comprehensive customer experience, including fine dining and specialty restaurants, venues for meetings, incentives, conferences, and exhibitions (“MICE”), lounges, swimming pools, outdoor spaces, spas, and gymnasiums.

The company have a portfolio of nine operating hotels across Bengaluru (Karnataka), Chennai (Tamil Nadu), Kochi (Kerala), Mysuru (Karnataka) and the GIFT City (Gujarat) with 1,604 keys. The company's hotels are operated by global marquee hospitality companies such as Marriott, Accor and InterContinental Hotels Group.

Investment Objective

Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the company and Material Subsidiary, namely, SRP Prosperita Hotel Ventures Limited

Payment of consideration for buying of undivided share of land from the Promoter, BEL

Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes

₹90

Price Band

14.9K

Min Investment

166 shares

Lot Size

144.48x

P/E Ratio

Important Dates

Issue Opens

24 Jul 2025

Issue Closes

28 Jul 2025

Allotment

29 Jul 2025

Listing

31 Jul 2025

Financial Performance
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Issue Details
Issue TypeBB
Face Value₹10
Lead Managers
Jm Financial Limited
ICICI Securities Limited
Min Quantity166
Max Quantity5,555
Company PromotersBrigade Enterprises Limited
Website

https://bhvl.in/

Email

investors@bhvl.in

Phone+91 80 4137 9200
Address

Brigade Hotel Ventures Ltd.
29 th & 30 th Floor, World Trade Center, Brigade
Gateway Campus, 26/1, Dr. Rajkumar Road,
Malleswaram Rajajinagar
Bengaluru, Karnataka, 560055