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IPO Analysis > brigade-hotel-ventures-ipo-mainboard

 

A Quick Guide to the Brigade Hotel Ventures IPO

The Hotel Association of India (HAI) expects that over 30 million foreign tourists will visit India by the year 2037. HAI predicts that by 2047, domestic travel may reach 15 billion visits, and foreign tourist arrivals could touch 100 million.

Brigade has been part of this growing hospitality sector and is now planning to launch its IPO to strengthen its position in this travel market.

ICICI Securities and JM Financial Limited are managing the IPO, with Kfin Technologies serving as the official registrar.

See the Brigade Hotel Ventures IPO RHP for more details. 

Note: The lock-in period for 50% of Smarten Power Systems’ stock concludes 30 days post-allocation, whereas the remaining portion is released from lock-in after 90 days.

Brigade Hotel Ventures IPO Details: Company Profile

Let's look at how Brigade Hotel Ventures company profile looks.


Particulars

Details

Established 

2004

Registered Office 

Bengaluru

Directors

Amar Mysore, Nirupa Shankar, and Vineet Verma

Partners 

Grand Mercure, Sheraton Grand, and Holiday Inn

Awards 

City Hotel of the Year, Leading Luxury Hotel, and Best Five Star Hotel

Number Of Hotels  

9

Competitors

The Indian Hotels, Lemon Tree Hotels, Chalet Hotels, and ITC Hotels


Exploring the Brigade Hotel Ventures IPO Details

Let's see all the details about this Brigade Hotel Ventures IPO.

  • Brigade Hotel Ventures IPO Date

Here's the key schedule for the Brigade Hotel IPO process:


Event Description

Date

IPO bidding opens

24 Jul 2025

Last date to apply for IPO

28 Jul 2025

IPO bidding closes

28 Jul 2025

UPI mandate deadline (last time to approve mandate)

28 Jul 2025 (5 PM)

Allotment of shares finalised

29 Jul 2025

Refunds start for unallotted applicants

29 Jul 2025

Shares credited to Demat accounts

30 Jul 2025

Stock market listing date

31 Jul 2025

UPI mandate auto-expiry

12 Aug 2025

Anchor investors’ 50% lock-in ends

28 Aug 2025

Anchor investors’ remaining lock-in ends

27 Oct 2025


  • Brigade Hotel Ventures IPO size

Brigade Hotel Ventures is looking to raise this amount through its IPO.


Particulars

Number of Equity Shares

Aggregate Value

Fresh Issue 

Not Disclosed 

₹759.60 Crores 

Offer for Sale

— 

Overall Issue 

Not Disclosed

₹759.60 Crores


  • Objectives of the offer

The money raised from Brigade Hotel Ventures' IPO will be used for these things:


Purpose of Fund Utilisation

Amount (₹ in million)

Repayment or prepayment of loans taken by the Company

4,136.90

Repayment or prepayment of loans 

544.5

Purchase of Undivided Share of Land from promoter 

1,075.19

Future acquisitions, expansion plans, and general corporate uses

Not Disclosed 


  • Other takeaways from the Brigade Hotel Ventures Share Price

Here are the pricing details for the Brigade Hotel Ventures IPO.


Particulars

Description

Face value of each share

₹10

Price Range

₹85 – ₹90

Listed At 

NSE and BSE 


  • Categorisation of different investors

Below is the distribution of allotments per investor category.


Category

Shares Available for Allotment

Minimum Bid

Maximum Bid

Eligible Employees

Not Disclosed 


Not Disclosed

Total bid amount should not exceed ₹5 lakh 

BEL Shareholders

Not Disclosed

Not Disclosed

Not Disclosed

QIBs

Not Disclosed

Bid must exceed ₹2 lakh

Not Disclosed

Non-Institutional Investors

Not Disclosed

Bid must exceed ₹2 lakh

Not Disclosed

Retail Individual Investors

Not Disclosed

Not Disclosed

Total bid amount must not exceed ₹2 lakh



You need a valid demat account to apply for any IPO. Compare brokers and open an account to place your bid.

Brigade Hotel Ventures IPO details: Key Financials 

Here are the main financial numbers for the company. These figures provide an overview of its financial health and performance.


Particulars

FY 2025

FY 2024

FY 2023

Equity Share Capital

2,814.30

10.00

10.00

Instruments Fully Treated as Equity

15.00

2,819.30

2,819.30

Other Equity

-1,960.50

-2,158.90

-2,408.20

Net Worth

785.80

587.40

338.10

Revenue from Operations

4,682.50

4,017.00

3,502.20

Profit / (Loss) for the Year

236.60

311.40

-30.90

Earnings Per Share (EPS) – Basic (₹)

0.72

0.88

-0.14

Earnings Per Share (EPS) – Diluted (₹)

0.72

0.88

-0.14

Net Asset Value per Share (₹)

2.79

2.09

1.20

Total Borrowings

6,173.20

6,011.90

6,325.00


Metrics of Brigade Hotel Ventures IPO 



Particulars

FY 2025

FY 2024

FY 2023

F&B Revenue Contribution (% of Revenue from Operations)

32.75%

31.68%

31.30%

EBITDA Margin (%)

35.45%

35.72%

31.98%

Return on Capital Employed (%)

13.62%

12.64%

8.64%

Return on Adjusted Capital Employed (%)

16.27%

14.84%

9.50%


Strengths and risks

For more information, check the below-listed strengths and risks of Brigade Hotel Ventures Limited.


Strengths

  • Runs over 1,600 rooms across nine hotels and is still growing

  • Gets strong backing from Brigade Enterprises

  • Hotels are in prime South Indian cities, so location is a big plus

  • Works with big hotel names like Marriott, IHG, and Accor

Risks

  • High debt levels might adversely impact

  • The hotel business goes up and down with the economy

  • Depends on third-party brands for operations

  • Expanding or building new hotels comes with challenges

IPO Closing Soon: Is Brigade Hotel Ventures IPO Worth the Rush?

As of July 24, 2025, the Brigade Hotel Ventures IPO is expected to list at a higher price. The Brigade Hotel Ventures IPO GMP is ₹16. You can find more details about the pricing in our previous review.


You can now apply for the Brigade Hotel Ventures IPO through your broker.

FAQs

1. What is the Brigade Hotel Ventures IPO GMP?
The Brigade Hotel Ventures GMP is currently around ₹16. This value changes daily based on market sentiment and demand.

2. What is the Brigade Hotel Ventures IPO shareholder quota record date?
The Brigade Hotel Ventures IPO shareholder quota record date is July 29, 2025. Shareholders must hold Brigade Enterprises shares in their Demat account on this date to be eligible.

3. What is the Brigade Hotel Ventures IPO share price?
The Brigade Hotel Ventures IPO share price is fixed at ₹85 to ₹90 per share, as per the latest IPO details provided by the company.

4. What is the Brigade Hotel Ventures IPO shareholder quota last date?
The Brigade Hotel Ventures IPO shareholder quota last date is the IPO closing date, which is July 28, 2025. Eligible shareholders must apply before this date.

5. Do I need a Demat account for Brigade Hotel Ventures IPO?

Yes, having a Demat account is a must to apply for the Brigade Hotel Ventures IPO. It is where the IPO shares will be delivered if you're allotted any.