Prestige Hospitality Ventures Limited IPO
Prestige Hospitality Ventures Limited IPO
Mainboard NSE & BSE

Business Overview

Prestige Hospitality is a hospitality asset owner and developer focused on luxury, upper upscale, and upper midscale properties catering to both business and leisure travelers across India. As of December 31, 2024, its portfolio comprises seven operating assets with 1,445 keys, including one under renovation, along with three ongoing projects and nine upcoming hospitality assets adding over 2,500 keys. Partnering with globally renowned brands such as Marriott International, Conrad by Hilton, and Angsana Resorts & Spa, the company is expanding its presence across India’s fast-growing premium hospitality segment.

Lots & IPO Size

Prestige Hospitality IPO Size

Fresh Issue
₹1,700 Cr (TBA Shares)
Offer For Sale
₹1,000 Cr (TBA Shares)

Objects of Issue

  1. Repayment/ prepayment, of certain outstanding borrowings by company & its subsidiaries
  2. Pursuing inorganic growth through unidentified acquisitions & other strategic initiatives & general corporate purposes

Prestige Hospitality IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Prestige Hospitality IPO
Particulars Dec-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 995.61 992.90 1,040.88 313.89
Profit after Tax 67.79 161.78 156.20 -86.16
Net Worth 701.53 736.07 728.76 579.92
Total Borrowing 2,037.08 1,752.80 1,818.29 1,733.35
Total Assets 3,822.24 3,729.88 3,330.17 3,114.38
NAV per share (in ₹) 27.84 29.21 28.92 23.01
EPS - Basic (in ₹) 2.59 6.24 5.90 -3.44

Key Performance Indicators (KPIs)

EBITDA

49.71%

PAT

15.79%

ROE

24.34%

ROCE

14.12%

Net Debt to Equity

2.11

Promoter Holding

Promoter

100.00%

Public

0.00%

Prestige Estates Projects Limited 100.00%

Management

Irfan Razack
Chairman
Suresh Singaravelu
CEO
Shamik Rudra
CFO

Registrar & Lead Managers

Company Details

Name: Prestige Hospitality Ventures Limited

Address: Prestige Falcon Tower, No.19, Brunton Road, Bengaluru – 560 025, Karnataka, India

Number: +91 80 25591080

Email: investors.phvl@prestigeconstructions.com

Website: www.prestigehospitalityventur es.com

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