IPO for Hospitality Business

Prestige Hospitality IPO: A Briefer

Did you know that the demand for chain-affiliated hotels in India has grown at a 9.9% CAGR between 2001 and 2024?  This suitably paves the way for Prestige Hospitality, which is gearing up for its upcoming IPO. 


JM Financial Limited, CLSA India Private Limited, Kotak Mahindra Capital Company Limited, and J.P. Morgan India Private Limited are the managers for the Prestige Hospitality IPO. KFin Technologies Limited is its chosen registrar. Feel free to check the allotment status here.


Complete your IPO research with the Prestige Hospitality IPO DRHP.


Note: 50% of the shares will be unlocked 30 days after allotment, while the remaining will be free from lock-in restrictions after 90 days.

Prestige Hospitality IPO Details: Company Profile


Particulars

Descriptions

Established

2017

Parent company

The Prestige Group

Registered Office

Jaipur, Rajasthan

Promoters

Prestige Estates Projects Limited

Business

Hospitality Asset owner and developer

Presence in

Bengaluru, Delhi-NCR, Mumbai, Goa, Hyderabad, and Chennai

Total operating keys

1,445 keys

Peers

Chalet Hotels Limited, Ventive Hospitality Limited, Juniper Hotels Limited, The Indian Hotels Company Limited, EIH Limited, and ITC Hotels Limited


Prestige Hospitality IPO News

This section explores the Prestige Hospitality IPO date, price, and more.

  • Prestige Hospitality IPO Date

Prestige Hospitality Ventures' DRHP was filed with SEBI on April 24, 2025. The SEBI approval came on August 1, 2025. However, the dates for the IPO are still not confirmed. 


Events

Date

Opening

Not yet confirmed

Closing

Not yet confirmed


  • Prestige Hospitality IPO Price and Size


Particulars

Shares

Aggregate Value (₹ Crores)

Fresh Issue 

Undisclosed

1700.00

Offer for Sale

Undisclosed

1000.00-

Overall Issue 

Undisclosed

2700.00

  • Prestige Hospitality IPO Funds Utilisation

How does Prestige Hospitality plan to utilise its fresh-issue IPO proceeds? Let's see.


Purpose

Value (₹ in Crores)

Repayment of borrowings

1,121.27

General Corporate Purposes and Acquisitions

Undisclosed

Total

Undisclosed


  • Prestige Hospitality IPO Details: Other Takeaways


Particulars

Description

Face value (₹)

5

Price Range (₹)

Undisclosed

Lot size (shares)

Undisclosed

Listed At 

BSE, NSE


  • Prestige Hospitality IPO: Investors Categorisation


Investor

Allotment

QIBs

Minimum 75% 

NII

Maximum 15% of the issue

Individual Investors

Maximum 10% of the issue


  • Prestige Hospitality Ltd IPO: Anchor Investor


Particulars

Description

Opening Date

Undisclosed

Terms of Payment  

Pay the full amount during the bid


Prestige Hospitality Private Limited: Key Financials


Particulars

FY 2024 

(₹ Cr)

FY 2023 

(₹ Cr)

FY 2022 

(₹ Cr)

Equity Share Capital

6

6

6

Net Worth

736.06

728.75

579.91

Revenue from Operations

992.89

1,040.88

313.88

Profit / (Loss) After Tax

161.78

156.19

(86.15)

Earnings per Share (Basic, ₹)

6.24

5.90

(3.44)

Net Asset Value per Equity Share (₹)

29.21

28.92

23.01


Prestige Hospitality Limited: Strengths and Risks

Let’s look at the Prestige Hospitality IPO strengths and risks:


Strengths

  1. Portfolio of luxury hospitality assets: Prestige Hospitality holds a portfolio of luxurious hospitality assets, including 7 luxury to upper mid-scale assets with 1,445 keys.

  2. Proven track record: Prestige Hospitality has over 2 decades of experience. Through strategic repositioning, partnerships, and ESG-led initiatives, they continue to enhance performance and create long-term value. 

  3. Established relationship with global hotel brands: Prestige Hospitality has collaborated with renowned global hotel chains such as Marriott, Hilton, and Banyan Group. This helps them bring global hotel concepts to India.

  4. Diversified Revenue Sources: Prestige Hospitality generates revenue from a diverse range of premium stays, F&B experiences, wellness, golf, weddings, and MICE events, driving both leisure and business demand.


Risks

  1. Heavy reliance on Marriott partnerships: Marriott International operates five out of seven assets for Prestige Hospitality. This leads to an increased risk of a single-party reliance, which could hamper the course of business.

  2. Significant reliance on the Indian hospitality sector: Prestige Hospitality’s performance is largely dependent on the Indian hospitality sector. Any disruption in the industrial environment could lead to operational losses.

  3. Regional concentration: All of Prestige’s hospitality assets are located in Bengaluru. Any state or regional government policy disruptions could hamper the business.

  4. Focus on non-core functions: A significant portion of revenue comes from their non-core functions, such as rentals and sub-leases, which may not continue in the future.

Recap on the Prestige Hospitality IPO

SEBI gave Prestige Hospitality IPO a green signal on August 1, 2025. Prestige has not yet revealed its IPO date. With a strong product portfolio and premium global partnerships, the company is expected to grow in the future. As the IPO comes closer, you can check the latest GMP details here. 


You can also check the live subscription status before hitting APPLY.

FAQs

  1. What is the Prestige Hospitality IPO?

The Prestige Hospitality IPO date has not been announced. The IPO size is ₹2700 Crores. It will be a mix of fresh issues and offer-for-sale components. Stay updated on the live subscription status in real time.

  1. What is the Prestige Hospitality IPO price? 

The total issue is ₹2700 crores for the Prestige Hospitality IPO. The Prestige Hospitality IPO share price is not yet confirmed. However, the face value per share is ₹5. Do not forget to check the IPO’s live subscription status before applying. 

  1. Do I need a demat account to bid for the Prestige Hospitality IPO?

Yes, a demat account is required to bid for the Prestige Hospitality IPO. Click here to get the list of top demat account providers.

  1. What is the Prestige Hospitality IPO GMP?

Currently, the Prestige Hospitality IPO GMP is not yet updated. However, it is updated closer to the IPO date. Check the latest GMP status.
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