Brigade Hotel Ventures IPO GMP, Price, Allotment, Profit Estimate 2025

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 30 June 2024, 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 73.29% in Fiscal 2024, 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 with Marriott. Brigade’s expansion strategy targets high-demand, low-supply markets. It follows an ownership or lease model, leveraging global operators’ expertise while focusing on cost optimization. As of 30 June 2024, it employs 1,084 permanent staff and is positioned to capitalize on rising domestic and international tourism trends in India.

Promoters of Brigade Hotel Ventures – Brigade Enterprises Limited

Brigade Hotel Ventures IPO Details

Brigade Hotel Ventures IPO Dates	21 – 23 July 2025 (Tentative Date)
Brigade Hotel Ventures IPO Price	Coming soon
Fresh issue	INR 900 crore
Offer For Sale	Nil
Total IPO size	INR 900 crore
Minimum bid (lot size)	Coming soon
Face Value	INR 10 per share
Retail Allocation	10%
Listing On	NSE, BSE

Brigade Hotel Ventures Financial Performance

	FY 2022	FY 2023	FY 2024	Q1 FY 2025
Revenue	146.48	350.22	401.70	101.80
Expenses	255.52	371.95	372.77	97.34
Net income	(82.20)	(2.94)	31.21	(5.78)
Margin (%)	(56.12)	(0.84)	7.77	5.68

Figures in INR Crores unless specified otherwise

Brigade Hotel Ventures Offer News

Brigade Hotel Ventures Valuations & Margins

	FY 2022	FY 2023	FY 2024 (Pre-Issue)	FY 2025 (Post-Issue)*
EPS	(2.92)	(0.14)	0.88	(0.17)
PE Ratio	–	–	–	–

* Calculated on the basis of annualized Profits After Tax for FY 2025 and dilution impact

	FY 2022	FY 2023	FY 2024
RONW (%)	(259.80)	(9.14)	53.01
NAV	1.13	1.20	2.09
ROCE (%)	(6.67)	8.64	12.64
EBITDA (%)	3.46	31.98	35.72

*Compiled by IPO Central from Prospectus

Brigade Hotel Ventures IPO GMP Today (Daily Trend)

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 481 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 general corporate purposes

Brigade Hotel Ventures IPO Subscription – Live Updates

Coming soon

NA 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 Ventures	–	0.88	53.01	2.09	401.70
The Indian Hotels Company	77.51	8..86	13.13	71.16	6,768.75
EIH Limited	39.04	10.22	16.58	65.34	2,511.27

Brigade Hotel Ventures IPO Allotment Status

Brigade Hotel Ventures IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.

Brigade Hotel Ventures IPO Dates & Listing Performance

IPO Opening Date	21 July 2025
IPO Closing Date	23 July 2025
Finalization of Basis of Allotment	24 July 2025
Initiation of refunds	25 July 2025
Transfer of shares to demat accounts	25 July 2025
Brigade Hotel Ventures IPO Listing Date	28 July 2025
Opening Price on NSE	Coming soon
Closing Price on NSE	Coming soon

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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 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.