Brigade Hotel Ventures IPO Date, Price, Details
Brigade Hotel Ventures is set to launch its Initial Public Offering (IPO) on July 21, 2025, with the subscription window closing on July 23, 2025. This is a Book Built Issue, aiming to mobilize approximately ₹900 crores through a fresh issue. The IPO also includes an Offer for Sale (OFS) component, with the exact number of equity shares yet to be disclosed. Each equity share carries a face value of ₹10.
The price band for the IPO is yet to be announced. As per the allocation structure, Qualified Institutional Buyers (QIBs) are reserved 50%, Non-Institutional Investors (HNIs) get 15%, and Retail Individual Investors are allotted 35% of the issue size. The IPO is scheduled to be listed on both BSE and NSE on July 28, 2025, and allotment is expected to be finalized by July 24, 2025.
In FY 2024, Brigade Hotel Ventures recorded a revenue of ₹404.85 crores, up from ₹356.41 crores in FY 2023. The company turned profitable in 2024, posting a net profit of ₹31.14 crores, as opposed to a loss of ₹3.09 crores in the previous year.
Brigade Hotel Ventures IPO Market Lot Size
The Brigade Hotel Ventures IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | – | ₹- |
Retail Maximum | 13 | – | ₹- |
S-HNI Minimum | 14 | – | ₹- |
B-HNI Minimum | 68 | – | ₹- |
Brigade Hotel Ventures IPO Details
IPO Open Date: | July 21, 2025 (Tentative) |
IPO Close Date: | July 23, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹[.] to ₹[.] Per Share |
Issue Size: | Approx ₹900 Crores |
Fresh Issue: | Approx ₹900 Crores |
Issue Type: | Book Build Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Brigade Hotel Ventures IPO Valuation – FY2024
Check Brigade Hotel Ventures IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | -% |
ROCE: | 12.64% |
EBITDA Margin: | 35.72% |
PAT Margin: | 7.69% |
Debt to equity ratio: | – |
Earning Per Share (EPS): | ₹0.88 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 53.01% |
Net Asset Value (NAV): | ₹2.09 |
Brigade Hotel Ventures IPO Company Financial Report
In the financial year 2024, the company generated revenue of ₹404.85 crores, marking an increase from ₹356.41 crores in 2023. It also reported a turnaround in profitability, with a net profit of ₹31.14 crores in 2024, compared to a net loss of ₹3.09 crores in the previous year.
(All amounts are in ₹ Crores)
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹151.95 | ₹255.52 | ₹82.72 | ₹869.09 |
2023 | ₹356.41 | ₹371.95 | ₹3.09 | ₹840.67 |
2024 | ₹404.85 | ₹372.77 | ₹31.14 | ₹886.78 |
June 2024 | ₹102.20 | ₹97.34 | ₹5.78 | ₹906.37 |
Brigade Hotel Ventures IPO Dates
The Brigade Hotel Ventures IPO date is July 21 and the close date is July 23. The Brigade Hotel Ventures IPO allotment will be finalized on July 24 and the IPO listing on July 28.
IPO Open Date: | July 21, 2025 |
IPO Close Date: | July 23, 2025 |
Basis of Allotment: | July 24, 2025 |
Refunds: | July 25, 2025 |
Credit to Demat Account: | July 25, 2025 |
IPO Listing Date: | July 28, 2025 |
Promoters of Brigade Hotel Ventures IPO
The promoters of the company is Brigade Enterprises Limited.
About Brigade Hotel Ventures IPO
Brigade Hotel Ventures Limited is one of the leading owners and developers of hotels in various cities in India. It is a fully owned company of one of India’s top real estate developers, BEL. They are one of the major private hotel owners in India, comprising over 500 rooms across the country. As of June 30, 2024, the company owns chain-affiliated hotels and rooms in South India, including Kerala, Andhra Pradesh, Tamil Nadu, Karnataka, Telangana, and the Union Territories of Lakshadweep, Andaman & Nicobar Islands, and Pondicherry. Experience fine dining and specialty restaurants, venues for meetings, incentives, conferences, and exhibitions (“MICE”), lounges, swimming pools, outdoor spaces, spas, and gymnasiums, all provided by the company for an excellent customer experience. Brigade Hotel Ventures Limited has a portfolio of 9 operating hotels spanning Bengaluru (Karnataka), Chennai (Tamil Nadu), Kochi (Kerala), Mysuru (Karnataka), and the GIFT City (Gujarat) with 1604 keys.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
The Indian Hotels | 8.86 | 77.51 | 13.13% | 71.16 | 6,768.75 Cr. |
EIH | 10.22 | 39.04 | 16.58% | 65.34 | 2,511.27 Cr. |
Chalet Hotels | 13.54 | 64.56 | 15.03% | 84.86 | 1,417.25 Cr. |
Juniper Hotels | 1.46 | 259.73 | 0.90% | 119.34 | 817.66 Cr. |
Lemon Tree Hotels | 1.88 | 65.56 | 11.75% | 19.52 | 1,077.12 Cr. |
Samhi Hotels | (14.67) | NA | NA | 47.20 | 957.39 Cr. |
Apeejay Surendra Park Hotels | 3.82 | 41.69 | 5.74% | 56.13 | 578.97 Cr. |
Objects of the IPO
To repay or prepay, either fully or partially, certain outstanding loans taken by the Company and its key subsidiary, SRP Prosperita Hotel Ventures Limited
To pay the consideration towards acquiring an undivided share of land from the Promoter, Brigade Enterprises Limited (BEL)
To explore inorganic growth opportunities through future acquisitions, strategic investments, and for meeting general corporate needs
Merchant Bankers
- Jm Financial Limited
- ICICI Securities Limited
Company Address
Brigade Hotel Ventures Ltd.
29 th & 30 th Floor, World Trade Center, Brigade
Gateway Campus, 26/1, Dr. Rajkumar Road,
Malleswaram Rajajinagar
Bengaluru, Karnataka, 560055
Phone: +91 80 4137 9200
Email: [email protected]
Website: https://bhvl.in/
Brigade Hotel Ventures IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
Check Grey market premium at below
(GMP)