Brigade Hotel Ventures
31 Jul '25MAINBOARD
Min. Investment
₹14,110
Issue size
₹759.6 Cr
GMP
Locked
Overall subscription: 4.42x
Check allotment status
Expert verdict
IPO dates
24 Jul
Opening
28 Jul
Closing
29 Jul
Allotment
31 Jul
Listing
*Refunds will be initiated on 29 Jul '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 166 | ₹14,940 |
| HNI (Min) | 14 | 2324 | ₹2,09,160 |
Subscription (as on 30 October 2025, 06:30 PM)
Overall4.42x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2016
- Brigade Hotel Ventures is involved in owning and developing hotels, mainly located in key cities across South India. The company manages a portfolio of nine operational hotels, which are spread across Bengaluru and Mysuru in Karnataka, Chennai (Tamil Nadu), Kochi (Kerala), and GIFT City (Gujarat), with a total of 1,604 rooms.
- These hotels are operated under management agreements with international hospitality brands such as Marriott, Accor, and InterContinental Hotels Group. The properties fall within various categories, including upper upscale, upscale, upper-midscale, and midscale segments.
- Use of Proceeds:
- This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes:
- Prepayment/ repayment of certain existing borrowings availed by the company and its material subsidiary, SRP Prosperita Hotel Ventures Limited.
- Payment for acquiring an undivided share of land from the Promoter, Brigade Enterprises Limited (BEL).
- Pursuit of inorganic growth through potential acquisitions and other strategic initiatives.
- General corporate purposes.
Issue Details & Objective
Lot size
166 Shares
Price band
₹85 to 90
Face value
₹10 per share
- 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
Financials
IPO reservation
Anchor investor - 29.94%
QIB - 49.90%
HNI - 9.98%
Retail - 6.65%
Download DRHP (IPO Doc)FAQs
Should I apply for the Brigade Hotel Ventures IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Brigade Hotel Ventures IPO?
The issue size of Brigade Hotel Ventures IPO is ₹759.6 Cr
What are the open and close dates for Brigade Hotel Ventures IPO?
The Brigade Hotel Ventures IPO will be open for applications from 24 Jul '25 to 28 Jul '25
What is the lot size and minimum order quantity of Brigade Hotel Ventures IPO?
The lot size of Brigade Hotel Ventures IPO is 166 Shares and its minimum investment amount is ₹14,110.
What is the GMP value of Brigade Hotel Ventures IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Brigade Hotel Ventures IPO is 0
