Prestige Hospitality is a hospitality asset owner and developer focused on luxury, upper upscale, and upper midscale properties catering to both business and leisure travelers across India. As of December 31, 2024, its portfolio comprises seven operating assets with 1,445 keys, including one under renovation, along with three ongoing projects and nine upcoming hospitality assets adding over 2,500 keys. Partnering with globally renowned brands such as Marriott International, Conrad by Hilton, and Angsana Resorts & Spa, the company is expanding its presence across India’s fast-growing premium hospitality segment.
Price Band₹ |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹2,700.00 Crs |
Prestige Hospitality IPO Objects
- Repayment/ prepayment, of certain outstanding borrowings by company & its subsidiaries
- Pursuing inorganic growth through unidentified acquisitions & other strategic initiatives & general corporate purposes
Prestige Hospitality IPO Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹1,700.00 Cr ( Shares) |
Offer For Sale₹1,000.00 Cr ( Shares) |
Total Issue₹2,700.00 Cr ( Shares) |
Face Value₹5 per equity share |
Prestige Hospitality IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
0
0
0
Maximum
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| Small HNI |
Minimum
-
-
-
Maximum
-
-
-
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| Big HNI |
Minimum
-
-
-
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Prestige Hospitality IPO GMP
The estimated Grey Market Premium of Prestige Hospitality 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 10% of Net Offer |
Prestige Hospitality IPO Financials
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 995.61 | 992.90 | 1,040.88 | 313.89 |
| Profit after Tax | 67.79 | 161.78 | 156.20 | -86.16 |
| Net Worth | 701.53 | 736.07 | 728.76 | 579.92 |
| Total Borrowing | 2,037.08 | 1,752.80 | 1,818.29 | 1,733.35 |
| Total Assets | 3,822.24 | 3,729.88 | 3,330.17 | 3,114.38 |
| NAV per share (in ₹) | 27.84 | 29.21 | 28.92 | 23.01 |
| EPS - Basic (in ₹) | 2.59 | 6.24 | 5.90 | -3.44 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 49.71% |
| PAT | 15.79% |
| ROE | 24.34% |
| ROCE | 14.12% |
| Net Debt to Equity | 2.11 |
Prestige Hospitality IPO Peer Comparision
Prestige Hospitality IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| Prestige Estates Projects Limited | 100.00% |
| Total | 100.00% |
Management Details
| Name | Designation |
|---|---|
| Irfan Razack | Chairman |
| Suresh Singaravelu | CEO |
| Shamik Rudra | CFO |
Company Details
Name: Prestige Hospitality Ventures Limited
Address: Prestige Falcon Tower, No.19, Brunton Road, Bengaluru – 560 025, Karnataka, India
Number: +91 80 25591080
Email: investors.phvl@prestigeconstructions.com
Website: www.prestigehospitalityventur es.com
Book Running Lead Managers (BRLMs)
CLSA India
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JM Financial
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Kotak Mahindra Capital
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J.P. Morgan
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KFin Technologies
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Prestige Hospitality IPO is a Mainboard IPO having an issue size of Rs. ₹2,700.00 Crs. Prestige Hospitality IPO is priced at ₹ - ₹ per share. The issue opens on 05 Dec 25 and closes on 05 Dec 25.
Prestige Hospitality IPO opens on 05 Dec 25 and closes on 05 Dec 25.
The estimated Grey Market Premium of Prestige Hospitality IPO is ₹0 per share (-).
The minimum lot size of Prestige Hospitality IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Prestige Hospitality IPO is 05 Dec 25.
The listing date of Prestige Hospitality IPO is 05 Dec 25.
Prestige Hospitality IPO is subscribed -.
Prestige Hospitality IPO is priced at ₹ - ₹ per share.
Click the allotment link on Prestige Hospitality IPO page of IPO360.
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