Brigade Hotel Ventures IPO
IPO Listing Details
- Listing Date
31 Jul 2025
- Listing Price
₹82.00
- Listing Change
-8.89%
- Last Traded Price
₹70.22
Brigade Hotel Ventures IPO Details
-
Open Date
24 Jul 2025
-
Close Date
28 Jul 2025
-
Listing Date
31 Jul 2025
- IPO Price Range
₹ 85 to ₹90
- IPO Size
₹ 759.60 Cr
- Listing Exchange
BSE, NSE
Brigade Hotel Ventures IPO Timeline
Brigade Hotel Ventures IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 24-Jul-25 | 0.08 | 0.45 | 2.66 | 0.67 |
| 25-Jul-25 | 0.09 | 1.03 | 4.96 | 1.27 |
| 28-Jul-25 | 5.74 | 2.03 | 3.48 | 4.76 |
Last Updated: 28 July 2025 8:42 PM by 5paisa
Brigade Hotel Ventures Limited is launching its IPO on July 24, 2025. A wholly-owned subsidiary of Brigade Enterprises Limited (BEL), the company owns and operates a portfolio of premium hotels across key South Indian cities including Bengaluru, Mysuru, Chennai, Kochi, and GIFT City in Gujarat. The company manages 1,604 keys across nine operational properties in partnership with renowned global hospitality chains such as Marriott, Accor, and IHG.
Brigade Hotel Ventures caters to a wide range of customer needs, offering services like fine dining, MICE (meetings, incentives, conferences, and exhibitions), lounges, spas, pools, and fitness facilities.
Established in: 1995
MD: Nirupa Shankar
Peers
The Indian Hotels Company Limited
EIH Limited
Chalet Hotels Limited
Juniper Hotels Limited
Lemon Tree Hotels Limited
Samhi Hotels Limited
Apeejay Surrendra Park Hotels Limited
Ventive Hospitality Limited
ITC Hotels Limited
Schloss Bangalore Limited
Brigade Hotel Ventures Objectives
The net proceeds from the IPO will be utilised for:
Repayment/ prepayment, in full or in part, of certain outstanding borrowings
Payment of consideration for the purchase of an undivided share of land from the Promoter, BEL
Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives, and general corporate purposes
Brigade Hotel Ventures IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹759.60 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹759.60 Cr |
Brigade Hotel Ventures IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 166 | ₹14,110 |
| Retail (Max) | 13 | 2,158 | ₹1,83,430 |
| S-HNI (Min) | 14 | 2,324 | ₹1,97,540 |
| S-HNI (MAX) | 66 | 10,956 | ₹9,31,260 |
| B-HNI (Min) | 67 | 11,122 | ₹9,45,370 |
Brigade Hotel Ventures IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB | 5.74 | 2,40,54,000 | 13,81,49,848 | 1,243.349 |
| NII (HNI) | 2.03 | 1,20,27,000 | 2,43,91,708 | 219.525 |
| bNII (bids above ₹10L) | 1.67 | 80,18,000 | 1,33,95,370 | 120.558 |
| sNII (bids below ₹10L) | 2.74 | 40,09,000 | 1,09,96,338 | 98.967 |
| Retail | 6.83 | 80,18,000 | 5,47,77,842 | 493.001 |
| Total** | 4.76 | 4,83,48,103 | 22,99,23,944 | 2,069.315 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 356.41 | 404.85 | 470.68 |
| EBITDA | 113.98 | 144.61 | 166.87 |
| PAT | -3.09 | 31.14 | 23.66 |
| Particulars (in Rs. Crores)] | FY23 | FY24 | FY25 |
|---|---|---|---|
| Total Assets | 632.50 | 601.19 | 617.32 |
| Share Capital | 1.00 | 1.00 | 281.43 |
| Total Borrowings | 840.67 | 886.78 | 947.57 |
| Particulars (in Rs. Crores | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | 107.87 | 154.86 | 148.95 |
| Net Cash Generated From / (used in) investing activities | 0.98 | -45.30 | -94.99 |
| Net Cash Generated From / (used in) financing activities | -132.24 | -92.13 | -81.79 |
| Net Increase (Decrease) In Cash And Cash Equivalents | -23.39 | 17.43 | -27.83 |
Strengths
1. Premium hotel portfolio across top South Indian cities
2. Tie-ups with leading global hospitality brands
3. Diversified customer offerings across leisure, business, and events
4. Parentage of Brigade Enterprises adds brand and financial strength
Weaknesses
1. High debt burden at ₹617.32 Cr as of FY25
2. Profitability showed a decline in FY25 despite higher revenue
3. Business concentration in South India limits geographic diversification
4. Consistently negative cash flow from operations
Opportunities
1. Rising demand for luxury and business hotels post-COVID
2. The government focus on tourism infrastructure
3. Potential to expand into tier-2 cities and new markets
4. Increasing Cash in hand for more demographics
Threats
1. The hospitality industry remains sensitive to macroeconomic fluctuations
2. Dependence on third-party operators for day-to-day hotel management
3. Intense competition from new-age hotel aggregators and boutique chains
4. Situation Like Covid
1. Reputed hotel asset owner with 1,600+ keys
2. Presence in key commercial and leisure hubs
3. Strong brand associations with Marriott, IHG, and Accor
4. Consistent revenue growth with expanding operational footprint
5. IPO funds to enhance hotel capacities and strengthen the balance sheet
1. The Indian hospitality sector is rebounding strongly, supported by domestic tourism, MICE events, and international travel.
2. The rise in mid- to high-end hotel demand, especially in Tier 1 and 2 cities, offers a favourable backdrop for players like Brigade Hotel Ventures.
3. Government initiatives in infrastructure and tourism are expected to further stimulate growth in this segment.
- Companies
- Type
- Opening On
-
E to E Transportation Infrastructure
- SME
- 26th Dec
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FAQs
The Brigade Hotel Ventures IPO opens on July 24, 2025, and closes on July 28, 2025.
The Brigade Hotel Ventures IPO is a fresh issue worth ₹759.60 Cr comprising 8.44 crore equity shares.
The price band of Brigade Hotel Ventures IPOis set between ₹85 to ₹90 per share.
To apply for Brigade Hotel Ventures IPO, follow the steps given below:
- Login to your 5paisa account and select the issue in the current IPO section
- Enter the number of lots and the price at which you wish to apply for the Brigade Hotel Ventures IPO
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
- You will receive the mandate notification to block funds in your UPI app.
The minimum lot size of Brigade Hotel Ventures IPO 166 shares, and the minimum investment is ₹14,110.
The allotment date of Brigade Hotel Ventures IPO is expected to be finalised on July 29, 2025.
The tentative listing date of Brigade Hotel Ventures IPO is July 31, 2025, on the NSE SME platform.
JM Financial Limited is the book-running lead manager of Brigade Hotel Ventures IPO.
Brigade Hotel Ventures plans to utilize the IPO proceeds towards:
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings
- Payment of consideration for the purchase of an undivided share of land from the Promoter, BEL
- Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives, and general corporate purposes
Brigade Hotel Ventures Contact Details
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: investors@bhvl.in
Website: https://bhvl.in/
Brigade Hotel Ventures IPO Register
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Brigade Hotel Ventures IPO Lead Manager
Jm Financial Limited
ICICI Securities Limited