Brigade Hotel Ventures Limited IPO

Brigade Hotel Ventures Limited IPO

Brigade Hotel Ventures Limited is leading hotel owner and developer in India, primarily focused on South India, operates a portfolio of nine hotels across key cities including Bengaluru, Chennai, Kochi, Mysuru, and GIFT City. With 1,604 keys, the properties span midscale to upper upscale segments and are managed by global hospitality brands like Marriott, Accor, and IHG. These hotels offer full-service experiences with fine dining, event venues, lounges, spas, pools, and fitness centers, catering to both business and leisure travelers.

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Price Band

₹0.00

Dates

-

GMP

₹0 (-)

Subscriptions

-

Issue Size

₹900.00 Crs

Brigade Hotel Ventures IPO Key Dates
Opening Date

-

Closing Date

-

Basis Of Allotment

-

Initiations Of Refund

-

Credit Of Shares

-

Listing Date

-

Brigade Hotel Ventures IPO Objects

  1. Repayment in full or in part, of certain outstanding borrowings availed by our
  2. Payment of consideration for buying of undivided share of land from our Promoter, BEL
  3. General corporate purposes.

Brigade Hotel Ventures IPO Details
Price Band

₹0.00

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹900.00 Cr (0.00 Shares)

Offer For Sale

₹0.00 (0.00 Shares)

Total Issue

₹900.00 Cr (0.00 Shares)

Face Value

₹10 per equity share

Brigade Hotel Ventures IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 0 0
Maximum - - -
Small HNI
Minimum - - -
Maximum - - -
Big HNI
Minimum - - -
Brigade Hotel Ventures IPO GMP

The estimated Grey Market Premium of Brigade Hotel Ventures IPO is ₹0 per share (-)

Category Allocation
Particulars Allocation
QIB Not less than 75% of Net Offer
Big HNIs (NII) Not more than 10% of Net Offer
Small HNIs (NII) Not more than 5% of Net Offer
Retail Not more than 15% of Net Offer
Employee B1
Shareholder B2
Brigade Hotel Ventures IPO Financials

(Rs. in crores)

Particulars Jun-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 101.80 401.70 350.22 350.22
Profit after Tax -5.78 31.14 -3.09 -82.72
Net Worth 53.82 58.74 33.81 31.84
Total Borrowing 610.08 601.19 632.50 685.45
Total Assets 906.37 886.78 840.67 869.09
NAV per share (in ₹) 1.91 2.09 1.20 1.13
EPS - Basic (in ₹) -0.17 0.88 -0.14 -2.92

The financial information presented is on a consolidated basis.

Key Performance Indicators
KPI Values
EBITDA 35.72%
ROCE 14.84%
  • All the data pertains to FY 2023-24.
Brigade Hotel Ventures IPO Peer Comparision

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Brigade Hotel Ventures IPO Peer Comparision

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Promoter Details
Name Shareholding
BEL 100%
Management Details
Name Designation
Nirupa Shankar MD
Ananda Natarajan CFO
Company Details

Name: Brigade Hotel Ventures Limited

Address: 29th & 30th Floor, World Trade Center, Brigade Gateway Campus, 26/1, Dr. Rajkumar Road, Malleswaram-Rajajinagar, Bengaluru 560 055, Karnataka, India

Number: +91 80 41379200

Email: investors@bhvl.in

Website: https://bhvl.in

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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Brigade Hotel Ventures IPO is a Mainboard IPO having an issue size of Rs. ₹900.00 Crs. Brigade Hotel Ventures IPO is priced at ₹0.00 - ₹0.00 per share. The issue opens on 17 Jul 25 and closes on 17 Jul 25.

Brigade Hotel Ventures IPO opens on 17 Jul 25 and closes on 17 Jul 25.

The estimated Grey Market Premium of Brigade Hotel Ventures IPO is ₹0 per share (-).

The minimum lot size of Brigade Hotel Ventures IPO is 0.00 shares & the minimum application amount is Rs. 0.

The allotment date of Brigade Hotel Ventures IPO is 17 Jul 25.

The listing date of Brigade Hotel Ventures IPO is 17 Jul 25.

Brigade Hotel Ventures IPO is subscribed -.

Brigade Hotel Ventures IPO is priced at ₹0.00 - ₹0.00 per share.

Click the allotment link on Brigade Hotel Ventures IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Brigade Hotel Ventures IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date