
Hospitality · NSE / BSE
The company is the owner and developer of chain-affiliated hotels, mainly operating in South India. It functions as a wholly-owned subsidiary of Brigade Enterprises Limited (BEL), a prominent real estate developer in India. It currently owns and manages nine hotels, offering a total of 1,604 rooms, located in cities such as Bengaluru, Mysuru, Chennai, Kochi, and GIFT City in Gujarat. The company has partnered with renowned global hospitality brands including Marriott, Accor, and IHG. As of June 30, 2024, it is considered one of the major private hotel asset owners in South India, with over 500 rooms across India. The hotels provide full-service offerings such as fine dining, specialty restaurants, venues for meetings and events (MICE), lounges, swimming pools, spas, fitness centers, and outdoor spaces. The brand emphasizes delivering a complete guest experience aligned with international hospitality standards.
Price Band
₹85 – ₹90
Issue Size
₹760 Cr
Lot Size
166 shares
GMP
-3.3%
Est. Listing
₹87
at current GMP
Subscribed
4.49x
overall
Open
24 Jul 2025
Close
28 Jul 2025
Allotment
29 Jul 2025
Refund
30 Jul 2025
Demat Credit
31 Jul 2025
Listing
31 Jul 2025
Designated Registrar: Kfin Technologies Limited
Allotment Date
29 Jul 2025
Basis finalization
Refunds Initiate
30 Jul 2025
Mandate release
Demat Credit
31 Jul 2025
Shares in demat
Listing Debut
31 Jul 2025
Trading begins
Brigade Hotel Ventures Limited is bringing an initial public offering (IPO) in the Hospitality sector with an aggregate issue size of ₹759.6 Crores. The shares are offered at a price band of ₹85 to ₹90 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 166 shares (approx. ₹14,940 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-07-31, while un-allotted funds or UPI block mandates will be released on 2025-07-30.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.