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Open
24 Jul 2025
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Close
28 Jul 2025
3
Allotment
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Listing
Thu, Jul 31, 2025
Price Band
₹85 to ₹90
Issue Size
8,44,12,565 shares (agg. up to ₹760 Cr)
Lot Size
166 Shares
Listing Date
Thu, Jul 31, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
31-07-2025₹0Est. ₹90+0%
30-07-2025₹0Est. ₹90+0%
29-07-2025₹0Est. ₹90+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 4.26x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 947.57 | 886.78 | 840.67 |
| Total Income | 470.68 | 404.85 | 356.41 |
| Profit After Tax | 23.66 | 31.14 | -3.09 |
| EBITDA | 166.87 | 144.61 | 113.98 |
| NET Worth | 78.58 | 58.74 | 33.81 |
| Total Borrowing | 617.32 | 601.19 | 632.50 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Schloss Bangalore Ltd. | Mainboard | ₹3,500.00 Cr | ₹435 | 160.63 | ₹435.55 | +0.13% | ₹485.25 (+0.15%) |
| Ventive Hospitality Ltd. | Mainboard | ₹1,600.00 Cr | ₹643 | -201.01 | ₹704.35 | +9.54% | ₹613.50 (+0.06%) |
| Valencia India Ltd. | SME | ₹48.95 Cr | ₹110 | 51.02 | ₹83.60 | -24.00% | ₹19.10 (-2.10%) |
| Grand Continent Hotels Ltd. | SME | ₹74.46 Cr | ₹113 | 51.24 | ₹107.25 | -5.09% | ₹114.80 (-0.13%) |
| Jungle Camps India Ltd. | SME | ₹29.42 Cr | ₹72 | 22.88 | ₹129.96 | +80.50% | ₹49.95 (+5.47%) |
| Saj Hotels Ltd. | SME | ₹27.63 Cr | ₹65 | 21.7 | ₹52.45 | -19.31% | ₹44.65 (+14.19%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the company and Material Subsidiary, namely, SRP Prosperita Hotel Ventures Ltd. | 468.14 |
| 2 | Payment of consideration for buying of undivided share of land from the Promoter, BEL | 107.52 |
| 3 | Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes | 130.86 |
| 4 | Issue Expenses | 53.08 |
| Total | 759.60 |
About Brigade Hotel Ventures IPO
Brigade Hotel Ventures Limited is the owner and developer of hotels in key cities in India, primarily across South India. The company is a wholly-owned subsidiary of BEL, which is one of the leading Indian real estate developers in India. The company owns chain-affiliated hotels and rooms in South India (comprising the states of Kerala, Andhra Pradesh, Tamil Nadu, Karnataka, Telangana, and the Union territories Lakshadweep, Andaman and Nicobar Islands and Pondicherry) among major private hotel asset owners (i.e., owning at least 500 rooms pan India) as of March 31, 2025. The hotels provide a comprehensive customer experience, including fine dining and specialty restaurants, venues for meetings, incentives, conferences, and exhibitions (“MICE”), lounges, swimming pools, outdoor spaces, spas, and gymnasiums. The company have a portfolio of nine operating hotels across Bengaluru (Karnataka), Chennai (Tamil Nadu), Kochi (Kerala), Mysuru (Karnataka) and the GIFT City (Gujarat) with 1,604 keys. The company's hotels are operated by global marquee hospitality companies such as Marriott, Accor and InterContinental Hotels Group.+ Read More
Contact Details
Brigade Hotel Ventures Ltd. Address29 th & 30 th Floor, World Trade Center, BrigadeGateway Campus, 26/1, Dr.Rajkumar RoadMalleswaram RajajinagarBengaluru, Karnataka, 560055+91 80 4137 9200investors@bhvl.inVisit Website