Brigade Hotel Ventures is launching its IPO worth ₹759.60 crore, which is an entirely fresh issue. The IPO opens for subscription on 24 July 2025 and will close on 28 July 2025. The allotment of shares is expected to be finalized on 29 July 2025 and the shares are likely to be listed on BSE & NSE on 31 July 2025. The price band for IPO is set between ₹85 to ₹90 per share.
About Brigade Hotel Ventures IPO
Brigade Hotel Ventures develops and owns hotels in South India and is a fully owned subsidiary of Brigade Enterprises Limited (BEL), one of India’s leading real estate developers.
As of 31 March 2025, the company is among the top private hotel owners in South India, with over 500 hotel rooms across states like Karnataka, Tamil Nadu, Kerala, Andhra Pradesh, Telangana and Union Territories such as Lakshadweep, Andaman & Nicobar Islands and Puducherry.
Their hotels offer a complete guest experience including fine dining, specialty restaurants, event and conference venues (MICE), lounges, pools, spas, gyms and outdoor areas.
Currently, they operate 9 hotels located in Bengaluru, Mysuru, Chennai, Kochi and GIFT City (Gujarat), with a total of 1,604 rooms. These hotels are managed by top global hospitality brands like Marriott, Accor and InterContinental Hotels Group.
Brigade Hotel Ventures IPO Highlights
- Brigade Hotel Ventures’s IPO is valued at ₹759.60 Cr and the price band is set between ₹85 to ₹90
- This IPO is an entirely fresh issue of 8.44 Cr shares aggregating to ₹759.60 Cr.
- Brigade Hotel Ventures’s IPO will open for subscription on 24 July 2025 and close on 28 July 2025. Share allotment is likely to take place on 29 July 2025 and the shares are expected to be listed on BSE and NSE on 31 July 2025.
- Promoters currently hold 95.26% of the company but after the IPO, their shareholding will come down to 74.09% meeting the SEBI criteria.
- The IPO proceeds will be used for repayment of loans worth ₹468.14 crore, purchase of land from the promoter for ₹107.52 crore, and for general corporate purposes.
- Kfin Technologies will be the registrar for Brigade Hotel Ventures IPO.
Brigade Hotel Ventures IPO GMP
As of 22nd July 2025, Brigade Hotel’s IPO is trading at a GMP of ₹13. Based on the upper price band of ₹90, the shares are expected to list at around ₹103, which means a possible gain of about 14.44% on listing day. In the coming days, GMP may change, and we’ll keep updating as new details come in.
So, stay tuned with Trade Target for daily updates on Brigade Hotel Ventures IPO GMP and expected listing price.
-
- Date: 23 July 2025
- Brigade Hotel Ventures GMP: ₹8 (8.89%)
- Date: 22 July 2025
- Brigade Hotel Ventures GMP: ₹16 (17.78%)
How can you apply for Brigade Hotel Ventures IPO?
Retail investors can apply for a minimum of 1 lot, which includes 166 shares costing ₹14,940. Maximum investment allowed for retail investors is 13 lots which totals 2158 shares and costs ₹1,94,220.
| Application | 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
|
Brigade Hotel Ventures IPO Financial
As of 31 March 2025, Brigade Hotel Ventures reported a PAT of ₹ 23.66 Cr and in FY24 reported ₹ 31.14 Cr. Over the past 3 years, its profit has been continuously fluctuating. All financial details are provided in the table below.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
|
Assets (₹ Crores) |
947.57
|
886.78
|
840.67
|
|
Revenue (₹ Crores) |
470.68
|
404.85
|
356.41
|
|
PAT (₹ crores)
|
23.66
|
31.14
|
-3.09 |
|
EBITA(₹ Crores) |
166.87
|
144.61
|
113.98
|
|
Net Worth (₹ Crores) |
78.58
|
58.74
|
33.81
|
|
Total Borrowing (₹ crores)
|
617.32
|
601.19
|
632.50
|
Brigade Hotel Ventures IPO Vs Peer
Brigade Hotel Ventures has reported an EPS of 0.72, which is the lowest among its peers, a negative sign for investors. ItsP/E ratio is the highest, raising further concerns. The table below compares it with industry peers to provide a clearer view of its market position.
| Company | EPS Diluted | P/E(x) |
|---|---|---|
|
Brigade Hotel Ventures |
0.72
|
125
|
|
The Indian Hotels
|
13.4
|
56.06
|
|
Eih
|
11.82
|
32.2
|
|
Chalet Hotels
|
6.52
|
136.63
|
|
Juniper Hotels
|
3.2
|
99.48
|
|
Lemon Tree Hotels
|
2.48
|
62.04
|
|
Samhi Hotels
|
3.84 |
62.75
|
|
Apeejay Surrendra Park Hotels
|
3.92
|
42.05 |
|
Ventive Hospitality
|
6.83
|
115.58
|
|
Itc Hotels
|
3.05
|
78.2
|
|
Schloss Bangalore
|
1.97
|
229.34
|
Brigade Hotel Ventures IPO Quota Allocation
- QIB Investors: 75% of the net issue
- Retail Investors: 10% of the net issue
- NII (HNI) Investors: 15% of the net issue
Listing Date of Brigade Hotel Ventures IPO
- Subscription Period: 24 July to 28 July 2025
- Basis of Allotment Finalization: 29 July 2025
- Initiation of Refunds: 29 July 2025
- Demat Credits: 30 July 2025
- Listing Date: 31 July 2025
- Listing on: NSE, BSE
Brigade Hotel Ventures IPO FAQs (Frequently Asked Questions)
What is the total issue size of Brigade Hotel Ventures’s IPO?
The total size of Brigade Hotel Ventures’s IPO is ₹759.60 Cr.
When will Brigade Hotel Ventures IPO open and close?
Brigade Hotel Ventures’s IPO will open for subscription on 24 July 2025 and close on 28 July 2025.
What is the lot size for Brigade Hotel Ventures IPO?
Retail Investors can bid for minimum of 1 lot, which includes 166 shares. And one lot will cost you around ₹14,940.
What is the share allotment date for Brigade Hotel Ventures IPO?
The allotment of shares is expected to be completed by 29 July 2025.
Who is the registrar of Brigade Hotel Ventures IPO?
Kfin Technologies is the registrar for Brigade Hotel Ventures’s IPO.
Where will Brigade Hotel Ventures shares be listed?
The shares are planned to be listed on both BSE and NSE.
Happy investing and thank you for reading!
Disclaimer:
This website content is only for educational purposes, not investment advice. Before making any investment, it’s important to do your own research and be fully informed. Investing in the stock market includes risks, and you should carefully read the Risk Disclosure documents before proceeding. Please remember that past performance doesn’t guarantee future results, and due to market fluctuations, your investment goals may not always be achieved.
