Brigade Hotel Ventures Ltd
Price Range
₹85 - ₹90
-
Min. Quantity
166 Shares
Closes on
28 July 2025
-
Min. investment
₹14,940
Brigade Hotel Ventures Ltd IPO Timeline
Brigade Hotel Ventures Limited was incorporated on August 24, 2016 at Bengaluru, Karnataka vide Certificate of Incorporation granted by the Deputy Registrar of Companies, Central Registration Centre. The Company is an owner and developer of hotels in key cities in India primarily across South India. The Company is carrying on the hospitality business including running and managing hotels.
| Event | Date |
|---|---|
| Brigade Hotel Ventures Ltd IPO Opening Date | 24 July 2025 |
| Brigade Hotel Ventures Ltd IPO Closing Date | 28 July 2025 |
| Basis of Allotment | 29 July 2025 |
| Initiation of Refunds | 29 July 2025 |
| Credit of Shares to Demat | 30 July 2025 |
| Brigade Hotel Ventures Ltd IPO Listing Date | 31 July 2025 |
Brigade Hotel Ventures Ltd IPO Details
| Brigade Hotel Ventures Ltd IPO Date | 24 July 2025 to 28 July 2025 |
| Brigade Hotel Ventures Ltd IPO Face Value | ₹10 per share |
| Brigade Hotel Ventures Ltd IPO Price | ₹85 to ₹90 per share |
| Brigade Hotel Ventures Ltd IPO Lot Size | 166 |
| Issue Size | Shares of ₹10 (aggregating up to ₹759.6 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹759.6 Cr) |
| Offer for Sale | - |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 2,54,68,941 of the Net Offer |
| Retail Shares Offered | Not less than 84,89,647 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 1,27,34,470 of the Net Offer |
| Company Promoters | Brigade Enterprises Ltd |
Brigade Hotel Ventures Ltd IPO Lot Size
The Brigade Hotel Ventures Ltd IPO lot size is 166 shares. A retail-individual investor can apply for up to 13 lots (2,158 shares or ₹1,94,220).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 166 | ₹14,940 |
| Maximum | 13 | 2,158 | ₹1,94,220 |
- Strengths
- Risks
- Opportunities
- Strategically located award winning hotels with diversified offerings in the key cities primarily in South India.
- Focus on asset management resulting in operating efficiencies.
- Focus on environmental, social and governance.
- Strong parentage of Brigade Group.
- Well positioned to leverage industry tailwinds.
- Experienced management team with domain expertise.
- Track record of financial performance.
Company Financials
Brigade Hotel Ventures Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2022 | 807.91 | 129.05 | -70.27 |
| 03-2020 | 922.07 | 228.56 | -32.44 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/prepayment in full or in part of certain outstanding borrowings availed by the company
- Material subsidiary namely SRP Prosperia Hotel Ventures Ltd
- Payment consideration for buying of undivided share of land from its properties BEL
- General corporate purposes
Brigade Hotel Ventures Ltd IPO Promoter Holding
| Pre Issue Share Holding | 95.26% |
| Post Issue Share Holding | 74.09% |
Brigade Hotel Ventures Ltd IPO Subscription Status (Bidding Detail)
The Brigade Hotel Ventures Ltd IPO is subscribed 4.4832 times on 28 July 2025 05:00:00 PM. The public issue subscribed 6.4037 times in the retail category, 5.4243 times in the QIB category, and 1.9154 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 5.4243 | 1.9154 | 6.4037 | 0.9374 | 4.4832 |
Brigade Hotel Ventures Ltd IPO Prospectus
Brigade Hotel Ventures Ltd IPO Listing Date
| BSE Script | 544457 |
| NSE Symbol | BRIGHOTEL |
| Listing In | BSE, NSE |
| ISIN | INE03NU01014 |
| IPO Price | ₹90 |
| Face Value | ₹10 |
Company Contact Information
29 & 30 Flr WTC Brigade Gatewa26/1 Dr Rajkumar Rd Malleswarm,Bangalore-560055
Phone: +91 80 4137 9200
Email: investors@bhvl.in
Website: https://bhvl.in
Brigade Hotel Ventures Ltd IPO Registrar
Brigade Hotel Ventures Ltd IPO Lead Manager(s)
- JM Financial Ltd
- ICICI Securities Ltd
FAQ
What is the issue size of Brigade Hotel Ventures Ltd IPO?
I have pre-applied for Brigade Hotel Ventures Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.