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Open
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Close
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Allotment
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Listing
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Issue Size
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Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 3,822.24 | 3,729.88 | 3,330.17 | 3,114.38 |
| Total Income | 1,012.93 | 1,024.64 | 1,049.26 | 320.86 |
| Profit After Tax | 67.79 | 161.78 | 156.20 | 86.16 |
| NET Worth | 78.90 | 79.63 | 81.92 | 82.34 |
| Total Borrowing | 1,752.80 | 1,752.80 | 1,818.29 | 1,733.35 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Brigade Hotel Ventures Ltd. | Mainboard | ₹759.60 Cr | ₹90 | 112.38 | ₹85.32 | -5.20% | ₹62.39 (+1.38%) |
| Suba Hotels Ltd. | SME | ₹75.47 Cr | ₹111 | 12.78 | ₹161.90 | +45.86% | ₹110.05 (+0.05%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by the Company | 1,121.28 |
| 2 | Material Subsidiaries, namely, Sai Chakra Hotels Private Limited and Northland Holding Company Private Limited, through investment in such subsidiaries | 724.03 |
| 3 | Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes |
About Prestige Hospitality IPO
Prestige Hotel Ventures is a hospitality asset owner and developer focused on luxury, upper upscale, and upper midscale properties in India, catering to both business and leisure travellers. It is part of the Prestige Group, promoted by Prestige Estates Projects Limited (PEPL), a real estate developer with 38 years of experience and a market cap of ₹729.66 billion as of December 31, 2024. PEPL operates across residential, commercial, hospitality, and retail sectors. The company's portfolio includes Operating, Ongoing, and Upcoming Hospitality Assets. As of December 31, 2024, the portfolio comprises: Seven Operating Assets with 1,445 keys (including one under renovation with 190 keys) Three Ongoing Assets with 951 expected keys Nine Upcoming Assets with 1,558 expected keys. The company's hotels are located in major Indian cities like Bengaluru, Delhi-NCR, Mumbai, Goa, Hyderabad, and Chennai. As of December 2024, the company had 1,638 permanent employees.+ Read More
Contact Details
Prestige Hospitality Ventures Ltd. AddressPrestige Falcon TowerNo.19, Brunton RoadBangalore Urban, Karnataka, 560025+91 80 25591080investors.phvl@prestigeconstructions.comVisit Website