Prestige Hospitality Ventures Ltd IPO
Pre Issue Shares
28,81,00,000
No. of Shares Issued
-
Pre Issue Equity Amt.
₹144.05 Cr
DP Filling Date
24 April 2025
Prestige Hospitality Ventures Ltd IPO Timeline
Prestige Hospitality Ventures Ltd IPO Details
| Prestige Hospitality Ventures Ltd IPO Date | - |
| Prestige Hospitality Ventures Ltd IPO Face Value | - |
| Prestige Hospitality Ventures Ltd IPO Price | - |
| Prestige Hospitality Ventures Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Prestige Estates Projects Ltd |
- Strengths
- Risks
- Opportunities
- Portfolio of luxury, upper upscale and upper midscale Hospitality Assets in key business and leisure locations.
- Demonstrated execution track record and active asset management capabilities.
- Longstanding and established relationship with leading global hotel operators.
- Diversified revenue streams.
- Robust pipeline of Hospitality Assets in high-demand markets.
- Strong Promoter with 38 years of experience in the real estate industry and experienced senior management team.
Company Financials
Prestige Hospitality Ventures Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 3,010.6 | 285.37 | 24.41 |
| 03-2024 | 1,711.22 | 459.4 | 129.63 |
| 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 and accrued interest thereon availed by the company
- General corporate purposes
Prestige Hospitality Ventures Ltd IPO Prospectus
Prestige Hospitality Ventures Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | - |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Prestige Falcon Tower No.19Burnton Road,Bangalore-560025
Phone: +91 80 2559 1080
Email: investors.phvl@prestigeconstructions.com
Website: www.prestigehospitalityventures.com
Prestige Hospitality Ventures Ltd IPO Registrar
Prestige Hospitality Ventures Ltd IPO Lead Manager(s)
- JM Financial Ltd
- CLSA India Pvt Ltd
- J.P. Morgan India Pvt Ltd
- Kotak Mahindra Capital Company Ltd
How to Check the Allotment Status of Prestige Hospitality Ventures Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Prestige Hospitality Ventures Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Prestige Hospitality Ventures Ltd IPO
Prestige Hospitality Ventures Limited was registered as M/s Prestige Hospitality Ventures' on February 28, 2017, as a Partnership Firm before the Registrar of Firms, Karnataka. Company was thereafter, incorporated in Bengaluru, Karnataka as Prestige Hospitality Ventures Limited' pursuant to a Certificate of Incorporation dated December 29, 2017 issued by the Registrar of Companies, Central Registration Centre and upon the conversion of M/s Prestige Hospitality Ventures', a partnership firm, into a public limited Company, the name was subsequently changed to Prestige Hospitality Ventures Limited' on July 29, 2024.