Brigade Hotel Ventures Limited Link 
Allotment
The Brigade Hotel Ventures IPO is a book-built issue totaling ₹759.60 crore, comprising entirely a fresh issue of 8.44 crore shares.
The IPO opened for subscription on July 24, 2025, and closed on July 28, 2025. The allotment was finalized on July 29, 2025, and the shares were listed on BSE and NSE on July 31, 2025.
The price band for the IPO was ₹90 per share. The minimum application size for retail investors was 166 shares, requiring an investment of ₹14,940 (based on the upper price). For small non-institutional investors (sNII), the minimum application was 14 lots (2,324 shares) amounting to ₹2,09,160, and for big non-institutional investors (bNII), it was 67 lots (11,122 shares) amounting to ₹10,00,980.
The issue included a reservation of up to 8,73,103 shares for employees, offered at a discount of ₹3 per share.
Key Details:
Book Running Lead Manager: JM Financial Ltd.
Registrar: Kfin Technologies Ltd.
Investors can bid for a minimum of 166 shares and in multiples of 166 shares thereafter.
₹90
0%
Open
₹90
HIgh - Low
₹90
Previous Close
₹90
Total Traded Value
0
52 Weeks High
₹90
52 Weeks Low
₹90
Updates On
Jul 15, 2025
IPO. Open
Jul 24, 2026
IPO. Close
Jul 28, 2026
IPO. Price
₹90.00
IPO Market price
₹3,418.47 Cr
IPO Details
| IPO Date | 31 Jul |
| IPO Listing Date | 31 Jul |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹90.00 |
| IPO Issue Size | 8,44,12,565 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | ₹3.00 |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE, NSE Platform |
| hare Holding Pre Issue | 29,54,30,000 shares |
IPO Timeline
| IPO Open Date | 24 Jul |
| IPO Close Date | 28 Jul |
| IPO Allotment (Tentative) | 29 Jul |
| Refunds | 29 Jul |
| Credit to Demat Account | 30 Jul |
| IPO Listing Date | 31 Jul |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 2,54,68,941 Shares |
| NII (HNI) Shares Offered | 1,27,34,470 Shares |
| Retail Shares Offered | 84,89,647 Shares |
IPO Lot Size
Investors can apply for a minimum of 166 shares and in multiples of 166 shares thereafter.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 166 | ₹14,940 |
| Retail (Max) | 13 | 2,158 | ₹1,94,220 |
| S-HNI (Min) | 14 | 2,324 | ₹2,09,160 |
| S-HNI (Max) | 66 | 10,956 | ₹9,86,040 |
| B-HNI (Min) | 67 | 11,122 | ₹10,00,980 |
Brigade Hotel Ventures Limited is a hotel owner and developer operating primarily in South India. It is a wholly-owned subsidiary of Brigade Enterprises Limited (BEL), one of India’s leading real estate developers.
Operations & Presence
As of March 31, 2025, Brigade Hotel Ventures owns chain-affiliated hotels and rooms in South Indian states—Kerala, Andhra Pradesh, Tamil Nadu, Karnataka, Telangana—and Union Territories including Lakshadweep, Andaman & Nicobar Islands, and Pondicherry. The company ranks among major private hotel asset owners in India, with at least 500 rooms pan India.
Customer Experience & Facilities
The hotels offer a comprehensive range of services and amenities, including:
Fine dining and specialty restaurants
Venues for meetings, incentives, conferences, and exhibitions (MICE)
Lounges, swimming pools, spas, gyms, and outdoor spaces
Portfolio & Partnerships
Brigade Hotel Ventures operates nine hotels across Bengaluru (Karnataka), Chennai (Tamil Nadu), Kochi (Kerala), Mysuru (Karnataka), and GIFT City (Gujarat), totaling 1,604 keys. These hotels are managed by internationally renowned hospitality brands such as Marriott, Accor, and InterContinental Hotels Group, ensuring high-quality service standards and global operational expertise.
Company Financials (Consolidated)
| Assets | 947.57 | 886.78 | 840.67 |
| Total Income | 470.68 | 404.85 | 356.41 |
| Profit After Tax | 23.66 | 31.14 | -3.09 |
| EBITDA | 166.87 | 144.61 | 113.98 |
| NET Worth | 78.58 | 58.74 | 33.81 |
| Reserves and Surplus | - | - | - |
| Total Borrowing | 617.32 | 601.19 | 632.5 |
Key Performance Indicator (KPI)
| ROE | - |
| ROCE | 13.62% |
| Debt/Equity | 7.4 |
| RoNW | 30.11% |
| PAT Margin | 5.03% |
| EBITDA Margin | 35.45% |
| Price to Book Value | 32.26 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | 130.86 |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Brigade Hotel Ventures Ltd. Address
29 th & 30 th Floor, World Trade Center, Brigade
Gateway Campus, 26/1, Dr. Rajkumar Road,
Malleswaram Rajajinagar
Bengaluru, Karnataka, 560055
+91 80 4137 9200
investors@bhvl.in
Detail Registrar
IPO Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
einward.ris@kfintech.com
https://ipostatus.kfintech.com/
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