Brigade Hotel Ventures Limited – IPO
Brigade Hotel Ventures Limited – IPO Details
| IPO Date | July 24, 2025 to July 28, 2025 |
| Listing Date | July 31, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 85 to ₹ 90 / Share |
| Lot Size | 166 Shares |
| Total Issue Size | 8,44,00,000 shares (Aggregating up to 759.60 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| 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 |
| Market Maker portion |
Brigade Hotel Ventures Limited Timeline (Tentative Schedule)
Brigade Hotel Ventures Limited IPO opens on July 24, 2025, and closes on July 28, 2025.
| IPO Open Date | July 24, 2025 |
| IPO Close Date | July 28, 2025 |
| Basis of Allotment | July 29, 2025 |
| Initiation of Refunds | July 29, 2025 |
| Credit of Shares to Demat | July 30, 2025 |
| Listing Date | July 31, 2025 |
| Cut-off time for UPI mandate confirmation | July 28, 2025 |
Brigade Hotel Ventures Limited IPO Lot Size
Investors can bid for a minimum of 166 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 166 | Rs.14,940 |
| Retail (Max) | 13 | 2,158 | Rs.194,220 |
| S-HNI (Min) | 14 | 2,324 | Rs.209,160 |
| S-HNI (Max) | 66 | 10,956 | Rs.986,040 |
| B-HNI (Min) | 67 | 11,122 | Rs.1,000,980 |
| HNI (Min) |
Brigade Hotel Ventures Limited IPO Promoter Holding
| Share Holding Pre Issue | 95.26% |
| Share Holding Post Issue | 74.09% |
Brigade Hotel Ventures Limited IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not less than 75% of the Offer size |
|
| NII (HNI) Shares Offered | Not more than 15% of the Offer |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not more than 10% of the Offer |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
Brigade Hotel Ventures Limited IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About Brigade Hotel Ventures Limited
Brigade Hotel Ventures Limited owns and develops hotels in major Indian cities, mostly in South India. The business is a fully owned subsidiary of BEL, one of India's top developers of real estate. As of March 31, 2025, the company is one of the largest private hotel asset owners (i.e., owning at least 500 rooms throughout India) of chain-affiliated hotels and rooms in South India, which includes the states of Kerala, Andhra Pradesh, Tamil Nadu, Karnataka, Telangana, and the Union territories of Lakshadweep, Andaman and Nicobar Islands, and Pondicherry. The hotels offer a full range of amenities for their patrons, such as gourmet and specialty dining options, meeting, incentive, conference, and exhibition (or "MICE") spaces, lounges, outdoor areas, swimming pools, spas, and gyms. With 1,604 keys, the company's portfolio includes nine operational hotels in Bengaluru, Karnataka; Chennai, Tamil Nadu; Kochi, Kerala; Mysuru, Karnataka; and GIFT City, Gujarat. Internationally renowned hospitality firms like Marriott, Accor, and InterContinental Hotels Group run the company's hotels.
Key Performance Indicator
The market capitalization of Brigade Hotel Ventures IPO is ₹3418.47 Cr.
| KPI | Values |
|---|---|
| ROE | |
| ROCE | 13.62% |
| Debt/Equity | 7.40 |
| RoNW | 30.11% |
| P/BV | |
| PAT Margin (%) | 5.03% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 0.72 | |
| P/E (x) | 1.25 |
Note:
- The pre-IPO EPS is calculated based on pre-issue shareholding as of the date of the RHP and the latest FY earnings as of March 31, 2025, that are available in the RHP.
- The post-issue EPS is calculated based on the post-issue shareholding and annualized FY earnings of March 31, 2025, that are available in the RHP.
Objects of the Issue (Brigade Hotel Ventures Limited IPO Objectives)
Brigade Hotel Ventures Limited Contact Details
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 Limited IPO Registrar
Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: [email protected] |