Brigade hotel ventures limited IPO Overview
Brigade hotel ventures limited IPO is a Mainboard public issue offered through a Book Building issue with a total issue size of ₹— crores. The IPO price band is set at ₹90 per share, and retail investors can apply with a minimum investment of ₹14,940 as per IPO guidelines.
The Brigade hotel ventures limited IPO opens on 24 Jul 2025 and closes on 28 Jul 2025. The IPO allotment is expected to be finalized on 29 Jul 2025, and the equity shares are proposed to be listed on BSE, NSE on 31 Jul 2025.
Investors can refer to the Brigade hotel ventures limited IPO RHP-DRHP for detailed information. The issue is managed by Jm Financial Limited,ICICI Securities Limited as the book running lead manager, while Kfin Technologies Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About brigade hotel ventures limited
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
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