Prestige Hospitality Ventures Ltd
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 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.
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.
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 | ₹0 |
| Face Value | ₹5 |
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