Brigade Hotel Ventures Limited IPO

Brigade Hotel Ventures Limited IPO

Brigade Hotel Ventures Limited is a prominent hotel owner and developer with a strong presence across key South Indian cities and GIFT City, Gujarat. It operates a portfolio of nine hotels with 1,604 keys, managed by leading global hospitality brands such as Marriott, Accor, and IHG. These properties span the upper upscale to midscale segments and offer a full range of amenities, including fine dining, MICE facilities, lounges, pools, spas, and gyms. The company caters to both business and leisure travelers.

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Price Band

₹85 - ₹90

Dates

24 Jul - 28 Jul

GMP

₹0 (0.00%)

Subscriptions

4.48 times

Issue Size

₹759.60 Crs

Brigade Hotel Ventures IPO Key Dates
Opening Date

24 Jul 25

Closing Date

28 Jul 25

Basis Of Allotment

29 Jul 25

Initiations Of Refund

29 Jul 25

Credit Of Shares

30 Jul 25

Listing Date

31 Jul 25

Brigade Hotel Ventures IPO Objects

  1. Repayment in full or in part, of certain outstanding borrowings availed by our company and subsidiary
  2. Payment of consideration for buying of undivided share of land from our Promoter, BEL
  3. Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.

Brigade Hotel Ventures IPO Details
Price Band

₹85 - ₹90

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹759.60 Cr (8.44 Cr Shares)

Offer For Sale

₹0.00 (0.00 Shares)

Total Issue

₹759.60 Cr (8.44 Cr Shares)

Face Value

₹10 per equity share

Brigade Hotel Ventures IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 166 14,940
Maximum 13 2,158 1,94,220
Small HNI
Minimum 14 2,324 2,09,160
Maximum 66 10,956 9,86,040
Big HNI
Minimum 67 11,122 10,00,980
Brigade Hotel Ventures IPO Subscription

Updated as on 28-Jul-2025 19:00:00

Investor Category Subscription (times) Shares Offered Shared Bid
QIB 5.42 2,54,68,941 13,81,49,848
NII 1.92 1,27,34,470 2,43,91,708
bNII (bids above ₹10L) 1.58 84,89,647 1,33,95,370
sNII (bids between ₹2L to ₹10L) 2.59 42,44,823 1,09,96,338
Retail 6.40 84,89,647 5,43,65,498
Employee 0.94 9,26,341 8,68,346
Others 3.28 35,74,588 1,17,39,188
Total 4.48 5,11,93,987 22,95,14,588
Brigade Hotel Ventures IPO GMP

The estimated Grey Market Premium of Brigade Hotel Ventures IPO is ₹0 per share (0.00%)

Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.

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 0% of Net Offer
Employee ₹ 7.60 Cr
Shareholder ₹ 30.38 Cr
Brigade Hotel Ventures IPO Financials

(Rs. in crores)

Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 468.25 401.70 350.22
Profit after Tax 23.66 31.14 -3.09
Net Worth 78.58 58.74 33.81
Total Borrowing 617.32 601.19 632.50
Total Assets 947.57 886.78 840.67
NAV per share (in ₹) 2.79 2.09 1.20
EPS - Basic (in ₹) 0.72 0.88 -0.14

The financial information presented is on a consolidated basis.

Key Performance Indicators
KPI Values
EBITDA 35.45%
PAT 5.03%
ROCE 16.27%
PE Ratio 125.00
PB Ratio 32.26
Mkt Cap (in Crs.) 3,418.47
  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.
Brigade Hotel Ventures IPO Peer Comparision

(Rs. in crores)

Particulars Brigade Hotel Ventures Indian Hotels Company EIH Chalet Hotels Juniper Hotels Lemon Tree Hotels Samhi Hotels Apeejay Surendra Park Hotels Ventive Hospitality ITC Schloss Bangalore
Revenue from Ops (in Crs.) 468.25 8,334.54 2,743.15 1,717.83 944.27 1,286.08 1,130.01 1,717.83 2,078.40 3,559.81 1,300.57
PAT (In Crs.) 23.66 2,038.09 769.90 142.49 71.29 243.15 85.50 83.60 48.30 637.64 47.66
EPS - Basic 0.72 13.40 11.82 6.52 3.20 2.48 3.84 3.92 6.83 3.05 1.97
NAV per share 2.79 87.22 75.86 139.42 122.55 22.59 51.63 60.17 252.88 51.55 107.95
RONW 30.11% 16.42% 16.23% 4.68% 2.61% 13.59% 7.49% 6.51% 0.82% 5.94% 1.32%
EBITDA 35.45% 35.03% 40.06% 44.02% 37.73% 49.41% 37.03% 34.59% 46.88% 33.40% 49.78%
PAT Margin 5.03% 23.80% 26.74% 8.12% 7.31% 18.87% 7.44% 12.80% 2.24% 17.58% 3.39%
Price to earning (PE) 125.00 56.06 32.20 136.63 99.48 62.04 62.75 42.05 115.58 78.20 229.34
  • All information pertains to FY 2024-25.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 16, 2025 for Peers
Brigade Hotel Ventures IPO Peer Comparision

(Rs. in crores)

Particulars Brigade Hotel Ventures
Revenue from Ops (in Crs.) 468.25
PAT (In Crs.) 23.66
EPS - Basic 0.72
NAV per share 2.79
RONW 30.11%
EBITDA 35.45%
PAT Margin 5.03%
Price to earning (PE) 125.00
Indian Hotels Company EIH Chalet Hotels Juniper Hotels Lemon Tree Hotels Samhi Hotels Apeejay Surendra Park Hotels Ventive Hospitality ITC Schloss Bangalore
8,334.54 2,743.15 1,717.83 944.27 1,286.08 1,130.01 1,717.83 2,078.40 3,559.81 1,300.57
2,038.09 769.90 142.49 71.29 243.15 85.50 83.60 48.30 637.64 47.66
13.40 11.82 6.52 3.20 2.48 3.84 3.92 6.83 3.05 1.97
87.22 75.86 139.42 122.55 22.59 51.63 60.17 252.88 51.55 107.95
16.42% 16.23% 4.68% 2.61% 13.59% 7.49% 6.51% 0.82% 5.94% 1.32%
35.03% 40.06% 44.02% 37.73% 49.41% 37.03% 34.59% 46.88% 33.40% 49.78%
23.80% 26.74% 8.12% 7.31% 18.87% 7.44% 12.80% 2.24% 17.58% 3.39%
56.06 32.20 136.63 99.48 62.04 62.75 42.05 115.58 78.20 229.34
  • All information pertains to FY 2024-25.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 16, 2025 for Peers
Promoter Details
Name Shareholding
BEL 95.26%
Total 95.26%
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. ₹759.60 Crs. Brigade Hotel Ventures IPO is priced at ₹85 - ₹90 per share. The issue opens on 24 Jul 25 and closes on 28 Jul 25.

Brigade Hotel Ventures IPO opens on 24 Jul 25 and closes on 28 Jul 25.

The estimated Grey Market Premium of Brigade Hotel Ventures IPO is ₹0 per share (0.00%).

The minimum lot size of Brigade Hotel Ventures IPO is 166 shares & the minimum application amount is Rs. 14940.

The allotment date of Brigade Hotel Ventures IPO is 29 Jul 25.

The listing date of Brigade Hotel Ventures IPO is 31 Jul 25.

Brigade Hotel Ventures IPO is subscribed 4.48 times.

Brigade Hotel Ventures IPO is priced at ₹85 - ₹90 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