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Home
InvestmentsIPOBrigade Hotel Ventures IPO

Brigade Hotel Ventures IPO

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Open Date

24 Jul 2025

Close Date

28 Jul 2025

Min Investment

₹ 14,110

Max Investment

₹ 5,00,000

Lot Size

166

Issue Size

₹ 759.60 Cr

Price Range

₹ 85 - ₹ 90
status

This IPO is now Live.

Click here for live price
IPO Timeline
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IPO Offer Start
24 Jul 2025
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IPO Offer Ends
28 Jul 2025
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Allotment Finalisation
29 Jul 2025
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Refund Initialisation
29 Jul 2025
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Non-Institutional Buyers (sHNI)
30 Jul 2025
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Listing of Shares
31 Jul 2025
IPO Subscription Details as on 14 Dec 2025, 07:52 PM
Qualified Instituational Buyers (QiB)
5.42 x
Retail
6.4 x
Employees
0.94 x
Non-Institutional Buyer (bHNI)
1.58 x
Non-Institutional Buyer (sHNI)
2.59 x
Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
The company operates strategically located award-winning hotels with diversified offerings, primarily in key cities in South India. It focuses on asset management to achieve operating efficiencies and places importance on Environmental, Social & Governance (ESG) practices. The company has an experienced management team with domain expertise. Its growth strategy includes expanding operations by developing new hotels at select locations, improving operating efficiencies to increase revenues, and expanding its portfolio through opportunistic and accretive acquisitions.
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Founded In

2016

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Director

Amar Shivram Mysore

Financials of Brigade Hotel Ventures IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2023Mar 2024Mar 2025
Operating Revenue35,022.0040,170.0046,825.00
Other Income619.00315.00243.00
Total Income
35,641.0040,485.0047,068.00
Total Expenses
37,195.0037,277.0042,617.00
Profit Before Tax-454.003,208.004,451.00
Total Profit
-309.003,114.002,366.00

All figures are in lakhs (₹)

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Utilisation of Proceeds

All figures are in lakhs (₹)

PurposeAmount
Repayment or prepayment, in full or in part, of certain outstanding borrowings availed by the Company and its Material Subsidiary, SRP Prosperita Hotel Ventures Limited.468
Payment of consideration for buying of Undivided Share of Land from the Promoter, Brigade Enterprises Limited.108
Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.-
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  • Strategically Located Award Winning Hotels with Diversified Offerings in the Key Cities primarily in South India: The company has a portfolio of nine operating hotels across Bengaluru, Chennai, Kochi, Mysuru and GIFT City with 1,604 keys. The hotels are operated by global hospitality companies like Marriott, Accor and InterContinental Hotels Group. They are typically located in positive demand locations driven by factors like population density, premium neighborhoods, commercial centers and IT hubs. The hotels provide comprehensive customer experiences including fine dining, MICE venues, lounges, swimming pools, spas and gymnasiums.
  • Focus on Asset Management Resulting in Operating Efficiencies: The company has a business model where they own or lease hotel assets and engage global hospitality companies to operate them. This provides access to management expertise, industry best practices and operational know-how. They closely monitor hotel performance and work with operators to set targets and manage expenses. Initiatives to optimize expenses include space utilization, energy consumption reduction, shared services, facility upgrades, staffing optimization and leveraging technology.
  • Focus on Environmental, Social & Governance (ESG): The company is committed to integrating energy-efficient technologies, renewable energy sources and sustainable practices. Initiatives include water conservation, energy management systems, occupational health and safety practices, and achieving EDGE certification for resource efficiency in their hotels.
  • Strong Parentage of Brigade Group: The company is a subsidiary of Brigade Enterprises Limited (BEL), a leading real estate developer in India. This allows them to benefit from BEL's brand reputation, network, relationships and expertise in project development. BEL's involvement helps in locating strategic land parcels and developing hotels with cost-efficiency and high quality.
  • Well Positioned to Leverage Industry Tailwinds: The company is well positioned to benefit from growing demand in the hospitality sector, driven by business, leisure, MICE and other travel needs. They have a presence in key markets like Bengaluru, Chennai and Kochi which are hubs for the IT/ITeS sector. Growth in air travel and domestic tourism also provides tailwinds for their business.
  • Experienced Management Team with Domain Expertise: The company benefits from an experienced management team with extensive knowledge in hospitality and real estate. Key personnel have several years of experience across finance, operations, project development and other relevant functions. The leadership includes industry veterans who have received multiple awards and recognitions.
  • Track Record of Financial Performance: The company has demonstrated consistent revenue growth, with revenue from operations increasing from ₹3,502.20 million in FY2023 to ₹4,682.50 million in FY2025 at a CAGR of 15.63%. They have achieved higher than market occupancy and revenue per available room across hotels in Bengaluru and Chennai.

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©2021-2025 Raise Securities Private Limited (formerly Moneylicious Securities Private Limited). All rights reserved. CIN: U74999MH2012PTC433549 Raise Securities is part of Raise Financial Services.

SEBI Stock Broker Registration No: INZ000006031 | Depository Participant (CDSL) ID: IN-DP-289-2016 | SEBI Research Analyst Registration No: INH000023357
Exchange Membership No. : NSE: 90133 | BSE: 6593 | MCX: 56320
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