Curis Lifesciences IPO...
01 Nov, 2025
Brigade Hotel Ventures Limited IPO
Brigade Hotel Ventures Limited IPO is a bookbuilding IPO of an entirely fresh issue of shares amounting up to ₹759.60 crores with a price band set between ₹85 to ₹90 per share. Subscription for the IPO will be accessible on 24th June, 2025 and closed by 28th July, 2025 to be listed on BSE and NSE, the date anticipated for its listing is 31st July, 2025. Minimum lot size for any applicant is 166 shares, for a retail investor is 166 shares which amounts upto ₹14,110, for sNII is 2,324 shares which totals to ₹2,09,160 and for bNII is 11,122 shares amounting to ₹10,00,980.
Company Background
Brigade Hotel Ventures builds and owns chains of hotels in various parts of India with a special focus on the South Indian region, with various hotels like Sheraton Grand, Four Points by Sheraton, Grand Mercure (Bangalore, Ahmedabad & Mysore), Holiday Inn (Chennai & Bangalore) and Ibis Styles. Brigade is well-known for its customer support services, fine dining, gymnasium and outdoor pools facilities and venues that can be utilised for Meetings, Incentives, conferences as well as exhibitions.
Operations and Product Range
Facility and Production
Brigade Hotel Ventures, headquartered at the World Trade Centre located in Bangalore, India, has a chain of affiliated hotels and rooms in states like Tamil Nadu, Andhra Pradesh, Karnataka, Telangana, UT’s like Lakshwadeep, Andaman & Nicobar as well as Pondicherry.
Brand and Market Presence
Brigade Hotel Ventures Limited is a notable name in the hospitality sector of India, with an evidently strong hold in the South Indian region of the country. The company owns or leases hotels under management agreements with well-known international brands such as Marriott, Accor and InterContinental Hotels Group. The company operates nine hotels and is the second largest owner of chain-affiliated hotels in South India.
Revenue Channels
Brigade Hotel Ventures Limited works on a hybrid model where the company owns or leases hotel properties and partners with prominent industry brands to manage operations. The main channels of revenue for the company are, room rentals as the most significant source of revenue, the company’s food and beverage services through their restaurants, bars and catering services, providing banquet and event spaces for various types of purposes. In FY24 the two hotels managed by Marriott accounted for Brigade’s 43.81% revenue.
Management & Shareholding
Promoters & Shareholding
The parent company of the company, Brigade Enterprises Limited is the promoter of the Brigade Hotel Ventures Limited IPO, and held a 95.26% stake in the company before its IPO.
Board Members
The current board members of Brigade Hotel Ventures Limited are a team of highly skilled professionals with managerial expertise such as Nirupa Shankar (Managing Director), Vineet Verma (Non-Executive and Non-Independent Director), Amar Shivram Mysore (Non-Executive and Non-Independent Director), Bijou Kurien (Independent Director), Anup Shah Sanmukh (Independent Director), Jyoti Narang (Independent Director) and Nakul Anand (Independent Director).
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Brigade Hotel Ventures Limited IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Brigade Hotel Ventures Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | July 24, 2025 to July 28, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹85 to ₹90 per share |
| Lot Size | 166 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 8,44,00,000 shares (aggregating up to ₹759.60 Cr) |
| Employee Discount | ₹3.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 29,54,30,000 shares |
| Share Holding Post Issue | 37,98,30,000 shares |
Brigade Hotel Ventures Limited IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Thu, Jul 24, 2025 |
| IPO Close Date | Mon, Jul 28, 2025 |
| Tentative Allotment | Tue, Jul 29, 2025 |
| Initiation of Refunds | Tue, Jul 29, 2025 |
| Credit of Shares to Demat | Wed, Jul 30, 2025 |
| Tentative Listing Date | Thu, Jul 31, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 28, 2025 |
Brigade Hotel Ventures Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 166 | ₹14,940 |
| Retail (Max) | 13 | 2158 | ₹1,94,220 |
| S-HNI (Min) | 14 | 2,324 | ₹2,09,160 |
| S-HNI (Max) | 66 | 10,956 | ₹9,86,040 |
| B-HNI (Min) | 67 | 11,122 | ₹10,00,980 |
Brigade Hotel Ventures Limited IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 95.26% | 74.09% |
Competitive Strength:
- ● The company has a strong network of nine established and five developing hotels in areas with high demand such as Bengaluru, Tamil Nadu and more, under popular global brand names such as Marriott, Accor and InterContinental Hotels Group.
- ● Brigade Hotel Ventures Limited has an enhanced focus on asset management strategies and optimization of performance through careful reviewing of operations.
- ● The company benefits from its parent company’s support and expertise in services like land acquisition and accessing cost efficiencies.
Brigade Hotel Ventures Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 947.57 | 470.68 | 23.66 | 78.58 | 617.32 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 886.78 | 405 | 31 | 59 | 601.19 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 840.67 | 356.41 | -3.09 | 33.81 | 632.5 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROCE | 13.62% |
| Debt/Equity | 7.4 |
| RoNW | 30.11% |
| PAT Margin | 5.03% |
| EBITDA Margin | 35.45% |
| Price to Book Value | 32.26 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 0.72 | |
| P/E (x) | 125 |
The Objective of Brigade Hotel Ventures IPO
- The primary objectives of the Brigade Hotel Ventures IPO are to support the financial position of the company and facilitate their plans for development. Some of the objectives of the IPO are as stated below:
- 1. Reducing the debt availed by the company from SRP Prosperita Hotel Ventures Limited.
- 2. A part of the IPO proceedings will be utilised to acquire land from the company’s promoter and parent company, Brigade Enterprises Limited.
- 3. Remaining part of the proceedings are for the pursuit of inorganic development through various initiatives and unidentified acquisitions
- 4. A certain share earned from the IPO will also be utilised in order to generate capital for general corporate purposes
Conclusion
The Brigade Hotel Ventures IPO aims to increase the financial strength of the company, support the idea of expansion and further growth for the corporation’s development and enhance the brand visibility across the hospitality industry. Investors get a chance to take part in a company which delivered a high growth in its revenue in FY25 compared to previous years and is the second largest owner of chain affiliated hotels in South India. The company, under the direction of its parent firm BEL, functions with efficiency and with the listing of its IPO looks forward to enhancing their presence in the industry.
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Frequently asked Questions (FAQs )
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1. What is the price band of the Brigade Hotel Ventures Limited IPO?
The IPO price band is set between ₹85 to ₹90 per share
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2. Who is the promoter of the Brigade Hotel ventures Limited IPO?
The parent company of the company, Brigade Enterprises Limited is the promoter of the IPO
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3. How does Brigade Hotel Ventures Limited generate revenue?
The main channels of revenue for the company are, room rentals, the company’s food and beverage services and providing banquet and event
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4. When will the Brigade Hotel Ventures Limited IPO be listed?
The tentative listing date for the IPO to be listed on BSE and NSE is 31st July, 2025
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