
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
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹90
Band: ₹85 – ₹90
Estimated Listing Price
₹87
Upper price + GMP
Lot Size
166 shares
Min investment ₹14,940
Estimated Profit / Lot
₹0
166 × ₹-3
Grey Market Premium trend
—
▲ 0 today
Updated 11 months ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 11 Jul 2025 | — | 0.0% | ₹90 |
| 18 Jul 2025 | — | 0.0% | ₹90 |
| 21 Jul 2025 | +₹12 | 13.3% | ₹102 |
| 22 Jul 2025 | +₹11 | 12.2% | ₹101 |
| 23 Jul 2025 | +₹8 | 8.9% | ₹98 |
| 24 Jul 2025 | +₹5.5 | 6.1% | ₹95.5 |
| 25 Jul 2025 | +₹6 | 6.7% | ₹96 |
| 26 Jul 2025 | +₹4 | 4.4% | ₹94 |
| 28 Jul 2025 | — | 0.0% | ₹90 |
| 29 Jul 2025 | — | 0.0% | ₹90 |
| 31 Jul 2025 | -₹3 | -3.3% | ₹87 |
| 24 Nov 2025 | -₹3 | -3.3% | ₹87 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
The latest grey market premium for Brigade Hotel Ventures Limited IPO is ₹-3, which indicates an expected listing price of ₹87.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.