Token is not live yet. Please beware of scams.
2.9 C
New York

Brigade Hotel Ventures IPO Date, Review, Price, Allotment Details

Date:

Node: 4432480

Brigade
Hotel
Ventures
IPO
Details

IPO
Open
Date:

July
21,
2025

(Tentative)
IPO
Close
Date:

July
23,
2025
Face
Value:

₹10

Per
Equity
Share
IPO
Price
Band:

₹[.]
to
₹[.]
Per
Share
Issue
Size:
Approx

₹900
Crores
Fresh
Issue:
Approx

₹900
Crores
Issue
Type:
Book
Build
Issue
IPO
Listing:

BSE
&
NSE
Retail
Quota:
Not
more
than

35%
QIB
Quota:
Not
more
than

50%
NII
Quota:
Not
more
than

15%
DRHP
Draft
Prospectus:


Click
Here
RHP
Draft
Prospectus:


Click
Here
Anchor
Investors
List:


Click
Here

Brigade
Hotel
Ventures
IPO
Market
Lot

The
Brigade
Hotel
Ventures
IPO
minimum
market
lot
is
[.]
shares
with
₹[.]
application
amount.
The
retail
investors
can
apply
up-to
13
lots
with
[.]
shares
of
₹[.] amount.


Application

Lot
Size

Shares

Amount
Retail
Minimum
1
₹-
Retail
Maximum
13
₹-
S-HNI
Minimum
14
₹-
B-HNI
Minimum
68
₹-

Brigade
Hotel
Ventures
IPO
Dates

The
Brigade
Hotel
Ventures
IPO
date
is
July
21
and
the
close
date
is
July
23.
The
Brigade
Hotel
Ventures
IPO
allotment
will
be
finalized
on
July
24
and
the
IPO
listing
on
July
28.

IPO
Open
Date:

July
21,
2025
IPO
Close
Date:

July
23,
2025
Basis
of
Allotment:

July
24,
2025
Refunds:
July
25,
2025
Credit
to
Demat
Account:

July
25,
2025
IPO
Listing
Date:

July
28,
2025

The
promoters
of
the
company
is
Brigade
Enterprises
Limited.

About
Brigade
Hotel
Ventures
IPO

Brigade
Hotel
Ventures
Limited
is
one
of
the
leading
owners
and
developers
of
hotels
in
various
cities
in
India.
It
is
a
fully
owned
company
of
one
of
India’s
top
real
estate
developers,
BEL.
They
are
one
of
the
major
private
hotel
owners
in
India,
comprising
over
500
rooms
across
the
country.
As
of
June
30,
2024,
the
company
owns
chain-affiliated
hotels
and
rooms
in
South
India,
including
Kerala,
Andhra
Pradesh,
Tamil
Nadu,
Karnataka,
Telangana,
and
the
Union
Territories
of
Lakshadweep,
Andaman
&
Nicobar
Islands,
and
Pondicherry.
Experience
fine
dining
and
specialty
restaurants,
venues
for
meetings,
incentives,
conferences,
and
exhibitions
(“MICE”),
lounges,
swimming
pools,
outdoor
spaces,
spas,
and
gymnasiums,
all
provided
by
the
company
for
an
excellent
customer
experience.
Brigade
Hotel
Ventures
Limited
has
a
portfolio
of
9
operating
hotels
spanning
Bengaluru
(Karnataka),
Chennai
(Tamil
Nadu),
Kochi
(Kerala),
Mysuru
(Karnataka),
and
the
GIFT
City
(Gujarat)
with
1604
keys.

Brigade
Hotel
Ventures
IPO
Company
Financial
Report

The
company
reported
revenue
of
₹404.85
crores
in
2024
against
₹356.41
crores
in
2023.
The
company
reported
profit
of
₹31.14
crores
in
2024
against
loss
of
₹3.09
crores
in
2023.


Amount

in
Crores


Period
Ended

Revenue

Expense

Profit
After
Tax

Assets

2022
₹151.95 ₹255.52

₹82.72
₹869.09

2023
₹356.41 ₹371.95

₹3.09
₹840.67

2024
₹404.85 ₹372.77



₹31.14
₹886.78

June
2024
₹102.20 ₹97.34

₹5.78
₹906.37

Brigade
Hotel
Ventures
IPO
Valuation

FY2024

Check
Brigade
Hotel
Ventures
IPO
valuations
detail
like
Earning
Per
Share
(EPS),
Price/Earning
P/E
Ratio,
Return
on
Net
Worth
(RoNW),
and
Net
Asset
Value
(NAV)
details.


KPI

Values
ROE:
-%
ROCE:
12.64%
EBITDA
Margin:

35.72%
PAT
Margin:

7.69%
Debt
to
equity
ratio:

Earning
Per
Share
(EPS):

₹0.88

(Basic)
Price/Earning
P/E
Ratio:

N/A
Return
on
Net
Worth
(RoNW):

53.01%
Net
Asset
Value
(NAV):

₹2.09

Peer
Group
Comparison


Company

EPS

PE
Ratio

RoNW
%

NAV

Income
The
Indian
Hotels
8.86 77.51 13.13% 71.16 6,768.75
Cr.
EIH 10.22 39.04 16.58% 65.34 2,511.27
Cr.
Chalet
Hotels
13.54 64.56 15.03% 84.86 1,417.25
Cr.
Juniper
Hotels
1.46 259.73 0.90% 119.34 817.66
Cr.
Lemon
Tree
Hotels
1.88 65.56 11.75% 19.52 1,077.12
Cr.
Samhi
Hotels
(14.67) NA NA 47.20 957.39
Cr.
Apeejay
Surendra
Park
Hotels
3.82 41.69 5.74% 56.13 578.97
Cr.

Objects
of
the
Issue

  • 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;
    and
  • Pursuing
    inorganic
    growth
    through
    unidentified
    acquisitions,
    other
    strategic
    initiatives,
    and
    general
    corporate
    purposes.

Brigade
Hotel
Ventures
IPO
Review

  • Canara
    Bank
  • DRChoksey
    FinServ
  • Emkay
    Global
  • Hem
    Securities
  • IDBI
    Capital
  • Marwadi
    Shares
  • Nirmal
    Bang
  • SBICAP
    Securities
  • Sharekhan
  • SMC
    Global
  • Sushil
    Finance
  • Swastika
    Investmart
  • Ventura
    Securities
  • Geojit
  • Reliance
    Securities
  • Capital
    Market
  • BP
    Wealth
  • ICICIdirect
  • Choice
    Broking

Brigade
Hotel
Ventures
IPO
Registrar

KFin
Technologies
Limited
Phone:
04067162222,
04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

IPO
Lead
Managers
aka
Merchant
Bankers

  • Jm
    Financial
    Limited
  • ICICI
    Securities
    Limited

Company
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
Phone: +91
80
4137
9200
Email: [email protected]
Website: https://bhvl.in/

Brigade
Hotel
Ventures
IPO
FAQs

What
is
Brigade
Hotel
Ventures
IPO?

Brigade
Hotel
Ventures
IPO
is
a
Mainboard
IPO.
The
company
is
going
to

raise
₹900
Crores

via
IPO.
The
issue
is

priced
at
₹[.]
to
₹[.]

per
equity
share.
The
IPO
is
to
be

listed
on
BSE
&
NSE
.

When
Brigade
Hotel
Ventures
IPO
will
open
for
subscription?

The
IPO
is
to
open
on

July
21,
2025

for
QIB,
NII,
and
Retail
Investors.
The
IPO
will
close
on
July
23,
2025.

What
is
Brigade
Hotel
Ventures
IPO
Investors
Portion?

The
investors’
portion
for

QIB
is
50%
,

NII
is
15%
,
and

Retail
is
35%
.

How
to
Apply
the
Brigade
Hotel
Ventures
IPO?

You
can
apply
for
Brigade
Hotel
Ventures
IPO
via
ASBA
online
via
your
bank
account.
You
can
also

apply
for
ASBA
online

via
UPI
through
your
stock
brokers.
You
can
also
apply
via
your
stock
brokers
by
filling
up
the
offline
form.

What
is
Brigade
Hotel
Ventures
IPO
Issue
Size?

Brigade
Hotel
Ventures
IPO
issue
size
is

₹900
crores
.

What
is
Brigade
Hotel
Ventures
IPO
Price
Band?

Brigade
Hotel
Ventures
IPO
Price
Band
is ₹[.]
to
₹[.]
.

What
is
Brigade
Hotel
Ventures
IPO
Lot
Size?

The
minimum
bid
is [.]
Shares

with

₹[.]

amount.

What
is
the
Brigade
Hotel
Ventures
IPO
Allotment
Date?

Brigade
Hotel
Ventures
IPO
allotment
date
is

July
24,
2025
.

What
is
the
Brigade
Hotel
Ventures
IPO
Listing
Date?

Brigade
Hotel
Ventures
IPO
listing
date
is

July
28,
2025
.
The
IPO
is
to
list
on
BSE
&
NSE.


Note:
The
Brigade
Hotel
Ventures
IPO
price
band
and
date
are
officially
announced.
The
(Brigade
Hotel
Ventures
IPO
grey
market
premium
)
will
be
added
to
the

IPO
GMP

page
as
it
will
start).