Brigade Hotel Ventures Limited IPO
Brigade Hotel Ventures Limited IPO
Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹85 - ₹90

Total Issue

₹760 Cr

Bid Dates

24 Jul - 28 Jul

Subscription

4.75x

Listing Price

₹81.18 (-9.80%)

Website RHP Check Allotment

Valuation

Market Cap

₹3,418.47 Cr

P/E Ratio

125.00x

P/B Ratio

32.26x

Brigade Hotel Ventures IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Brigade Hotel Ventures Limited is a prominent hotel owner and developer with a strong presence across key South Indian cities and GIFT City, Gujarat. It operates a portfolio of nine hotels with 1,604 keys, managed by leading global hospitality brands such as Marriott, Accor, and IHG. These properties span the upper upscale to midscale segments and offer a full range of amenities, including fine dining, MICE facilities, lounges, pools, spas, and gyms. The company caters to both business and leisure travelers.

Brigade Hotel Ventures IPO Lot Size

Lot Information for Brigade Hotel Ventures IPO
Category Lots Shares 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
Allocate Funds

Category Reservation

QIB 75%
NII 15%
Ret 10%
Employee
₹ 7.60 Cr
Shareholder
₹ 30.38 Cr

Brigade Hotel Ventures IPO Size

Total ₹760 Cr
Fresh Issue
₹760 Cr (8.44 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. Repayment in full or in part, of certain outstanding borrowings availed by our company and subsidiary
  2. Payment of consideration for buying of undivided share of land from our Promoter, BEL
  3. Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.

Brigade Hotel Ventures IPO Live Subscription

Updated as on 28-Jul-2025 19:00:00

Brigade Hotel Ventures IPO Subscription Status (Mainboard)
Category Sub (x) Offered Bids
QIB 5.74 2,40,54,000 13,81,49,848
NII 2.03 1,20,27,000 2,43,91,708
bHNI 1.67 80,18,000 1,33,95,370
sHNI 2.74 40,09,000 1,09,96,338
Retail 6.78 80,18,000 5,43,65,498
Employee 0.99 8,73,103 8,68,346
Others 3.48 33,76,000 1,17,39,188
Total 4.75 4,83,48,103 22,95,14,588

Brigade Hotel Ventures IPO Details Live GMP

GMP ₹0
Est. Price ₹90
Est. Gain 0.00%

Brigade Hotel Ventures IPO Peer Comparison

(Rs. in crores)

Brigade Hotel Ventures IPO Peer Comparison Table
Particulars Brigade Hotel Ventures Indian Hotels Company EIH Chalet Hotels Juniper Hotels Lemon Tree Hotels Samhi Hotels Apeejay Surendra Park Hotels Ventive Hospitality ITC Schloss Bangalore
Revenue from Ops (in Crs.) 468.25 8,334.54 2,743.15 1,717.83 944.27 1,286.08 1,130.01 1,717.83 2,078.40 3,559.81 1,300.57
PAT (In Crs.) 23.66 2,038.09 769.90 142.49 71.29 243.15 85.50 83.60 48.30 637.64 47.66
EPS - Basic 0.72 13.40 11.82 6.52 3.20 2.48 3.84 3.92 6.83 3.05 1.97
NAV per share 2.79 87.22 75.86 139.42 122.55 22.59 51.63 60.17 252.88 51.55 107.95
RONW 30.11% 16.42% 16.23% 4.68% 2.61% 13.59% 7.49% 6.51% 0.82% 5.94% 1.32%
EBITDA 35.45% 35.03% 40.06% 44.02% 37.73% 49.41% 37.03% 34.59% 46.88% 33.40% 49.78%
PAT Margin 5.03% 23.80% 26.74% 8.12% 7.31% 18.87% 7.44% 12.80% 2.24% 17.58% 3.39%
Price to earning (PE) 125.00 56.06 32.20 136.63 99.48 62.04 62.75 42.05 115.58 78.20 229.34
  • All information pertains to FY 2024-25.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 16, 2025 for Peers

Brigade Hotel Ventures IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Brigade Hotel Ventures IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 468.25 401.70 350.22
Profit after Tax 23.66 31.14 -3.09
Net Worth 78.58 58.74 33.81
Total Borrowing 617.32 601.19 632.50
Total Assets 947.57 886.78 840.67
NAV per share (in ₹) 2.79 2.09 1.20
EPS - Basic (in ₹) 0.72 0.88 -0.14

Key Performance Indicators (KPIs)

EBITDA

35.45%

PAT

5.03%

ROCE

16.27%

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

95.26%

Public

4.74%

BEL 95.26%

Management

Nirupa Shankar
MD
Ananda Natarajan
CFO

Registrar & Lead Managers

Registrar

KFin Technologies

Company Details

Name: Brigade Hotel Ventures Limited

Address: 29th & 30th Floor, World Trade Center, Brigade Gateway Campus, 26/1, Dr. Rajkumar Road, Malleswaram-Rajajinagar, Bengaluru 560 055, Karnataka, India

Number: +91 80 41379200

Email: investors@bhvl.in

Website: https://bhvl.in

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Frequently Asked Questions (FAQs)

What is Brigade Hotel Ventures IPO?
Brigade Hotel Ventures IPO is a Mainboard IPO having an issue size of ₹760 Crs. Brigade Hotel Ventures IPO is priced at ₹85 - ₹90 per share. The issue opens on 24 Jul 25 and closes on 28 Jul 25.
When will Brigade Hotel Ventures IPO open?
Brigade Hotel Ventures IPO opens on 24 Jul 25 and closes on 28 Jul 25.
What is the GMP of Brigade Hotel Ventures IPO?
The estimated Grey Market Premium of Brigade Hotel Ventures IPO is ₹0 per share (0.00%).
What is the lot size of Brigade Hotel Ventures IPO?
The minimum lot size of Brigade Hotel Ventures IPO is 166 shares & the minimum application amount is Rs. 14940.
When is the allotment of Brigade Hotel Ventures IPO?
The allotment date of Brigade Hotel Ventures IPO is 29 Jul 25.
What is the listing date of Brigade Hotel Ventures IPO?
The listing date of Brigade Hotel Ventures IPO is 31 Jul 25.
What is the subscription of Brigade Hotel Ventures IPO?
Brigade Hotel Ventures IPO is subscribed 4.48 times.
What is the price band of Brigade Hotel Ventures IPO?
Brigade Hotel Ventures IPO is priced at ₹85 - ₹90 per share.
How to check allotment status of Brigade Hotel Ventures IPO?
Click the allotment link on Brigade Hotel Ventures IPO page of IPO360.
How to apply Brigade Hotel Ventures IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Brigade Hotel Ventures IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Brigade Hotel Ventures IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Brigade Hotel Ventures IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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