Brigade Hotel Ventures Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

24 Jul 2025

Close Date

28 Jul 2025

Allotment

29 Jul 2025

Listing Date

31 Jul 2025

Exchange

NSE & BSE

Price Band

₹90

Listing Price

See chart

Allotment Status

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Price Band

₹90

Per share

Face Value

₹10 per share

Lot Size

166 Shares

per lot

Issue Size

8,44,12,565 shares (aggregating up to ₹759.60 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹14,940

1 lot

Pre-IPO Holding

29,54,30,000 shares

Promoters

Post-IPO Holding

37,98,42,565 shares

Promoters

P/E (Pre)

112.38x

P/E (Post)

144.48x

EPS (Pre)

₹0.80

EPS (Post)

₹0.62

UPI Deadline

2025-07-28

Mandate

Anchor AllotmentWed, 23 Jul 2025

Basis of AllotmentTue, 29 Jul 2025

Refund InitiationTue, 29 Jul 2025

Demat CreditWed, 30 Jul 2025

Listing DayThu, 31 Jul 2025

UPI Mandate Deadline2025-07-28

Sale TypeFresh Capital

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Brigade Hotel Ventures Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 28 Jul 2025.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	84,429,103	100%	₹759.86

IPO Shares Offered

Brigade Hotel Ventures Ltd. IPO total issue size: ₹759.86 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	84,429,103	₹759.86	100.00%

* Based on upper price band ₹90 per share

Lot Size & Investment

Lot Size

166

Shares per Lot

Issue Price

₹90.00

Upper Band

Min Investment

₹14,940

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	332	₹29,880
Retail (Max — 13 Lots)	13	2,158	₹194,220
S-HNI (Min — 14 Lots)	14	2,324	₹209,160
B-HNI (Min — 68 Lots)	68	11,288	₹1,015,920

* Issue Price ₹90 × Lot Size 166 shares

IPO Schedule

Anchor

23 Jul 2025

✓ Done

IPO Open

24 Jul 2025

✓ Done

IPO Close

28 Jul 2025

✓ Done

Allotment

29 Jul 2025

✓ Done

Refunds

29 Jul 2025

✓ Done

Demat Credit

30 Jul 2025

✓ Done

Listing Day

31 Jul 2025

✓ Done

₹90.00

INR · BSE

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Issue ₹90.00 Live Price

About Brigade Hotel Ventures Ltd.

Brigade Hotel Ventures Limited is the owner and developer of hotels in key cities in India, primarily across South India. The company is a wholly-owned subsidiary of BEL, which is one of the leading Indian real estate developers in India.The company owns chain-affiliated hotels and rooms in South India (comprising the states of Kerala, Andhra Pradesh, Tamil Nadu, Karnataka, Telangana, and the Union territories Lakshadweep, Andaman and Nicobar Islands and Pondicherry) among major private hotel asset owners (i.e., owning at least 500 rooms pan India) as of March 31, 2025.The hotels provide a comprehensive customer experience, including fine dining and specialty restaurants, venues for meetings, incentives, conferences, and exhibitions (“MICE”), lounges, swimming pools, outdoor spaces, spas, and gymnasiums.The company have a portfolio of nine operating hotels across Bengaluru (Karnataka), Chennai (Tamil Nadu), Kochi (Kerala), Mysuru (Karnataka) and the GIFT City (Gujarat) with 1,604 keys. The company's hotels are operated by global marquee hospitality companies such as Marriott, Accor and InterContinental Hotels Group.

Objects of the Issue

1 Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by the company and Material Subsidiary, namely, SRP Prosperita Hotel Ventures Limited

2 Payment of consideration for buying of undivided share of land from the Promoter, BEL

3 Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes

Brigade Hotel Ventures Ltd. Financials (Amount in Crore)

Revenue from Operations

₹356.4

31 Mar 2023

₹404.9

31 Mar 2024

₹470.7

31 Mar 2025

Profit After Tax (PAT)

-₹3.1

31 Mar 2023

₹31.1

31 Mar 2024

₹23.7

31 Mar 2025

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Revenue from Operations	470.68	404.85	356.41
EBITDA	166.87	144.61	113.98
Profit After Tax (PAT)	23.66	31.14	-3.09
Net Worth	78.58	58.74	33.81
Total Assets	947.57	886.78	840.67
Reserves & Surplus	N/A	N/A	N/A
Borrowings	617.32	601.19	632.50
EBITDA Margin (%)	35.45%	—	—
PAT Margin (%)	5.03%	—	—

P/BV Ratio

32.26

RoCE

13.62%

RoNW

30.11%

PAT Margin

5.03%

EBITDA Margin

35.45%

Debt/Equity

7.40

Issue Structure & Shareholding

Total Shares Offered8,44,29,103 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding29,54,30,000 shares

Post-Issue Promoter Holding37,98,42,565 shares

P/BV Ratio32.26

RoEN/A

RoCE13.62%

Debt / Equity7.40

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

einward.ris@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

JM Financial Ltd.

ICICI Securities Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Brigade Hotel Ventures Ltd. IPO subscribed? ▲

Brigade Hotel Ventures Ltd. IPO is subscribed 1.00 times by Jul 28, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Brigade Hotel Ventures Ltd. IPO retail subscription status? ▼

The Brigade Hotel Ventures Ltd. IPO retail category is subscribed 1.00 times as of 28 Jul 2025. The retail portion is oversubscribed.

How to subscribe Brigade Hotel Ventures Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 24 Jul 2025 and closes 28 Jul 2025. Min investment: ₹14,940 (1 lot = 166 shares). UPI mandate: 2025-07-28.

How many times Brigade Hotel Ventures Ltd. IPO subscribed? ▼

The Brigade Hotel Ventures Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Brigade Hotel Ventures Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 29 Jul 2025. Refunds: on 29 Jul 2025.

When Brigade Hotel Ventures Ltd. IPO will be listed? ▼

The Brigade Hotel Ventures Ltd. IPO listing date is 31 Jul 2025, Thursday. Listed on: NSE & BSE. Issue price: ₹90. Estimated listing: ₹90. GMP: NIL.

When Brigade Hotel Ventures Ltd. IPO close? ▼

The Brigade Hotel Ventures Ltd. IPO closes on 28 Jul 2025, Monday. UPI mandate: 2025-07-28. Allotment: 29 Jul 2025. Listing: 31 Jul 2025.

Quick Actions

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Live Price LIVE

Last Price₹90.00

Change—

Issue Price₹90.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹90

Face Value₹10

Lot Size166 Sh

Min. Amount₹14,940

GMPNIL

Est. Listing₹90

Subscribed1.00x

Open Date24 Jul 2025

Close Date28 Jul 2025

Allotment29 Jul 2025

Listing Date31 Jul 2025

ExchangeNSE & BSE

UPI Deadline2025-07-28