Brigade Hotel Ventures Limited, a wholly-owned subsidiary of Brigade Enterprises Limited (BEL), is a prominent hotel owner and developer with a strong presence in India’s key cities, particularly in South India. As one of the leading private hotel asset owners in the region, the company owns and operates a portfolio of chain-affiliated hotels across South India, including Kerala, Andhra Pradesh, Tamil Nadu, Karnataka, Telangana, and the Union Territories of Lakshadweep, Andaman and Nicobar Islands, and Pondicherry.
The company boasts a diverse portfolio of nine operational hotels located in Bengaluru, Chennai, Kochi, Mysuru, and GIFT City (Gujarat), offering a total of 1,604 keys. These properties are managed by globally renowned hospitality brands such as Marriott, Accor, and InterContinental Hotels Group. Each hotel provides a premium guest experience, featuring fine dining restaurants, MICE (Meetings, Incentives, Conferences, and Exhibitions) venues, lounges, swimming pools, outdoor spaces, spas, and gymnasiums.
Brigade Hotel Ventures Limited is set to launch its Initial Public Offering (IPO) from July 24 to July 28, 2025, aiming to raise ₹759.60 crores entirely through a fresh issue of equity shares (face value: ₹10 each). The IPO price band has been fixed at ₹85 to ₹90 per share, with allocations reserved for QIBs (75%), Retail Investors (10%), and HNIs (15%). Investors can expect share allotment to be completed by July 29, 2025, after which the stock will debut on BSE and NSE exchanges on July 31, 2025.
In FY 2025, the company reported revenue of ₹470.68 crores, up from ₹404.85 crores in FY 2024. However, profits saw a decline, with ₹23.66 crores in FY 2025 compared to ₹31.14 crores in the previous fiscal year.
Brigade Hotel Ventures IPO Details
IPO Date | July 24, 2025 to July 28, 2025 |
Listing Date | [.] |
Face Value | ₹10 per share |
Issue Price Band | ₹85 to ₹90 per share |
Lot Size | 166 Shares |
Total Issue Size | Approx ₹759.60 Crores |
Issue Type | Book building IPO |
Listing At | BSE, NSE |
Share Holding Pre Issue | 29,54,30,000 shares |
Share Holding Post Issue | 37,98,30,000 shares |
Brigade Hotel Ventures IPO Dates
Investors can apply for Brigade Hotel Ventures initial public offering between July 24 and July 28, 2025.
IPO Open Date | Thu, Jul 24, 2025 |
IPO Close Date | Mon, Jul 28, 2025 |
Tentative Allotment | Tue, Jul 29, 2025 |
Refunds | Tue, Jul 29, 2025 |
Credit of Shares to Demat | Wed, Jul 30, 2025 |
IPO Listing Date | Thu, Jul 31, 2025 |
UPI Mandate Confirmation Deadline | 5 PM on July 28, 2025 |
Brigade Hotel Ventures IPO Market Lot
The minimum investment for Brigade Hotel Ventures IPO is set at 166 shares (1 lot) requiring ₹14,940. Retail investors may apply for up to 13 lots (2,158 shares) totaling ₹1,94,220.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 166 | ₹14,940 |
Retail Maximum | 13 | 2,158 | ₹1,94,220 |
S-HNI Minimum | 14 | 2,324 | ₹2,09,160 |
B-HNI Minimum | 67 | 11,122 | ₹10,00,980 |