| Brigade Hotel Revenue Stream & Business Model | Brigade Hotel Anchor Book |
| Brigade Hotel IPO Allotment | Brigade Hotel Venture: 10 Things You Need to Know |
Brigade Hotel Ventures IPO Description – Brigade Hotel Ventures, a wholly owned subsidiary of Brigade Enterprises (BEL), is a leading hotel owner and developer, primarily focused on South India. As of 31 March 2025, it is the second-largest owner of chain-affiliated hotels and rooms in South India among private hotel asset owners with over 500 keys. The company operates a portfolio of nine hotels with 1,604 keys across Bengaluru, Mysuru, Chennai, Kochi, and GIFT City.
These hotels are operated by global hospitality majors including Marriott, Accor, and InterContinental Hotels Group, spanning midscale to upper-upscale segments. Brigade Hotel Ventures reported an average occupancy of 64.5% in Fiscal 2025, outperforming the industry average of 64%. Founded in 2004, Brigade’s hospitality arm benefits from BEL’s integrated real estate expertise, enabling cost-efficient hotel development and strategic location selection.
The company has five hotels in the pipeline, including a Grand Hyatt luxury resort in Chennai and two upper-midscale hotels in Bengaluru, both of which are Marriott properties. Brigade’s expansion strategy targets high-demand, low-supply markets. It follows an ownership or lease model, leveraging the expertise of global operators while focusing on cost optimization. As of 31 March 2025, it employs 1,191 permanent staff and is positioned to capitalize on rising domestic and international tourism trends in India.
Promoters of Brigade Hotel Ventures – Brigade Enterprises Limited
Table of Contents
Brigade Hotel Ventures IPO Details
| Brigade Hotel Ventures IPO Dates | 24 – 28 July 2025 |
| Brigade Hotel Ventures IPO Price | INR 85 – 90 per share |
| Shareholder Quota | INR 30.38 crore, no discount |
| Employee Quota | INR 7.6 crore, discount of INR 3 per share |
| Fresh issue | INR 759.6 crore |
| Offer For Sale | Nil |
| Total IPO size | INR 759.6 crore |
| Minimum bid (lot size) | 166 shares (INR 14,940) |
| Face Value | INR 10 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
Brigade Hotel Ventures Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 350.22 | 401.70 | 468.25 |
| Expenses | 371.95 | 372.77 | 426.17 |
| Net income | (2.94) | 31.21 | 23.32 |
| Margin (%) | (0.84) | 7.77 | 4.98 |
Brigade Hotel Ventures Offer News
- Brigade Hotel Ventures RHP
- Brigade Hotel Ventures DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Brigade Hotel Ventures Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2025 (Post-Issue)* | |
| EPS | (0.14) | 0.88 | 0.72 | 0.61 |
| PE Ratio | – | – | 118.06 – 125 | 140.07 – 146.59 |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | (9.14) | 53.01 | 30.11 |
| NAV | 1.20 | 2.09 | 2.79 |
| ROCE (%) | 8.64 | 12.64 | 13.62 |
| EBITDA (%) | 31.98 | 35.72 | 35.45 |
| Debt/Equity | 14.64 | 9.11 | 7.40 |
Brigade Hotel Ventures IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 28 July 2025 | 7 | – | 700 |
| 26 July 2025 | 7 | – | 700 |
| 25 July 2025 | 8 | – | 850 |
| 24 July 2025 | 12 | – | 1,200 |
| 23 July 2025 | 16 | – | 1,500 |
| 22 July 2025 | 13 | – | 700 |
Brigade Hotel Ventures IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the company – INR 468.14 crore
- Payment of consideration for the purchase of an undivided share of land from the Promoter, BEL – INR 107.52 crore
- Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives, and for general corporate purposes
Brigade Hotel Ventures IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Emp | Shareholder | Total |
|---|---|---|---|---|---|---|
| Shares Offered | 2,54,68,941 | 1,27,34,470 | 84,89,647 | 9,26,341 | 35,74,588 | 5,11,93,987 |
| 28 Jul 2025 | 5.42 | 1.92 | 6.40 | 0.94 | 3.28 | 4.48 |
| 25 Jul 2025 | 0.08 | 0.98 | 4.65 | 0.57 | 1.81 | 1.31 |
| 24 Jul 2025 | 0.08 | 0.42 | 2.50 | 0.29 | 0.90 | 0.69 |
3,60,81,000 shares allotted to anchor investors are not included in these calculations. Similarly, shares allotted to market makers, if any, are not part of these calculations.
Brigade Hotel Ventures – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Brigade Hotel | 118.06 – 125 | 0.72 | 30.11 | 2.79 | 468.25 |
| The Indian Hotels | 56.06 | 13.40 | 16.42 | 87.22 | 8,334.54 |
| EIH Limited | 32.20 | 11.82 | 16.23 | 75.86 | 2,743.15 |
Brigade Hotel Ventures IPO Allotment Status
Brigade Hotel Ventures IPO allotment status is now available on the KFin Tech website. Click on this link to get the allotment status.
Brigade Hotel Ventures IPO Dates & Listing Performance
| IPO Opening Date | 24 July 2025 |
| IPO Closing Date | 28 July 2025 |
| Finalization of Basis of Allotment | 29 July 2025 |
| Initiation of refunds | 30 July 2025 |
| Transfer of shares to demat accounts | 30 July 2025 |
| Brigade Hotel Ventures IPO Listing Date | 31 July 2025 |
| Opening Price on NSE | INR 81.10 per share (down 9.89) |
| Closing Price on NSE | INR 85.32 per share (down 5.20) |
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Brigade Hotel Ventures Offer Lead Manager
JM FINANCIAL LIMITED
7th Floor, Cnergy, Appasaheb Marathe Marg,
Prabhadevi Mumbai – 400 025
Phone: +91 22 6630 3030 / 3262
Email: [email protected]
Website: jmfl.com
Brigade Hotel Ventures Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222/1800 309 4001
E-mail: [email protected]
Website: www.kfintech.com
Brigade Hotel Ventures Contact Details
BRIGADE HOTEL VENTURES LIMITED
29th & 30th Floor, World Trade Center,
Brigade Gateway Campus, 26/1, Dr. Rajkumar Road,
Malleswaram-Rajajinagar, Bengaluru 560 055, Karnataka
Phone: +91 80 4137 9200
Email: [email protected]
Website: www.bhvl.in
Brigade Hotel Ventures IPO FAQs
How many shares in Brigade Hotel Ventures IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply for Brigade Hotel Ventures Public Offer?
The best way to apply for Brigade Hotel Ventures public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Brigade Hotel Ventures IPO GMP today?
Brigade Hotel Ventures IPO GMP today is INR 7 per share.
What is Brigade Hotel Ventures kostak rate today?
Brigade Hotel Ventures kostak rate today is INR NA per application.
What is Brigade Hotel Ventures Subject to Sauda rate today?
Brigade Hotel Ventures Subject to Sauda rate today is INR 700 per application.