Brigade Hotel Ventures Limited IPO
Brigade Hotel Ventures Limited IPO
Price Band
₹85 - ₹90
Total Issue
₹759.60 Cr
Bid Dates
24 Jul - 28 Jul
Subscription
4.48x
Est. GMP
₹0 (0.00%)
Tentative Timetable
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.
Lot Info
| 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 |
Category Reservation
Issue Size
Objects of Issue
- Repayment in full or in part, of certain outstanding borrowings availed by our company and subsidiary
- Payment of consideration for buying of undivided share of land from our Promoter, BEL
- Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 29 Jul | ₹0 (0%) | ₹90 |
| 28 Jul | ₹3 (3.3%) | ₹93 |
| 25 Jul | ₹6 (6.7%) | ₹96 |
| 24 Jul | ₹7 (7.8%) | ₹97 |
| 23 Jul | ₹12 (13.3%) | ₹102 |
| 22 Jul | ₹13 (14.4%) | ₹103 |
| 21 Jul | ₹12 (13.3%) | ₹102 |
Brigade Hotel Ventures IPO Peer Comparison
(Rs. in crores)
| 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
Financial Performance
(Rs. in crores)
| 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 |
KPIs
EBITDA
35.45%
PAT
5.03%
ROCE
16.27%
PE Ratio
125.00
PB Ratio
32.26
Mkt Cap (in Crs.)
3,418.47
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shareholding
Promoter
95.26%
Public
4.74%
Management
Subscription Status
Updated as on 28-Jul-2025 19:00:00
| 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 |
Frequently Asked Questions
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How to apply Brigade Hotel Ventures IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Brigade Hotel Ventures IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Brigade Hotel Ventures IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Brigade Hotel Ventures IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date