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Brigade Hotel Ventures Listing Price
| Exchange | Listing Price | Gain/Loss | % |
|---|---|---|---|
| NSE | ₹81.10 | -₹8.90 | -9.89% |
| BSE | ₹82.00 | -₹8.00 | -8.89% |
Brigade Hotel Ventures Subscription
Last updated on 28-Jul-2025 18:44:04
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 24054000 | 138149848 | 5.74 |
| HNIs | 12027000 | 24391708 | 2.03 |
| HNIs 10+ | 8018000 | 13395370 | 1.67 |
| HNIs 2+ | 4009000 | 10996338 | 2.74 |
| Retail | 8018000 | 54365498 | 6.78 |
| Employees | 873103 | 868346 | 0.99 |
| Shareholders | 3376000 | 11739188 | 3.48 |
| Total | 48348103 | 229514588 | 4.75 |
Application-Wise Breakup (Approx. no. of Apps) | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (10L+) | 3450 | 1064 | 0.31 |
| HNIs (2-10L) | 1725 | 4364 | 2.53 |
| Retail | 48301 | 266367 | 5.51 |
| Shareholder | - | 18611 | - |
| Employee | - | 3339 | - |
| Total Applications: 293745 | |||
| © IPO Premium | |||
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIBs | 216.49 | 1243.35 | 5.74 |
| FIIs | - | 611.23 | - |
| DIIs | - | 99.85 | - |
| Mutual funds | - | 328 | - |
| Others | - | 204.27 | - |
| HNIs | 108.24 | 219.53 | 2.03 |
| HNIs 10+ | 72.16 | 120.56 | 1.67 |
| HNIs 2+ | 36.08 | 98.97 | 2.74 |
| Retail | 72.16 | 489.29 | 6.78 |
| Employees | 7.86 | 7.82 | 0.99 |
| Shareholders | 30.38 | 105.65 | 3.48 |
| Total | 435.13 | 2065.63 | 4.75 |
| QIB Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.7 | @8% ₹0.8 | @9% ₹0.9 | @10% ₹1 | @11% ₹1.1 | @12% ₹1.2 |
Brigade Hotel Ventures About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 166 | 14940 | 48301 |
| sHNI | 14 | 2324 | 209160 | 1725 |
| bHNI | 67 | 11122 | 1000980 | 3450 |
IPO Details
| Total Issue Size | 84,400,000 Equity Shares aggregating up to 759.6 crore. |
| Fresh Issue Size | 84,400,000 Equity Shares aggregating up to 759.6 crore. |
| Issue Type | Book Built Issue |
| Listing At | NSE,BSE |
| Share holding pre issue | 295,430,000 Shares |
| Share holding post issue | 37,98,30,000 shares |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 75% of the Offer size |
| Retail Shares Offered | Not less than 10% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
| Shareholder Quota | 30.38 Crores |
Key Performance Indicator
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| RONW | 30.11% | 53.01% | -9.14% |
| EPS (basic) | 0.72 | 0.88 | -0.14 |
| P/E Pre IPO | 125 |
Financial Details In Crores
| Period Ended | Mar-25 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 947.6 | 886.8 | 840.7 | 869.1 |
| Revenue | 470.6 | 404.9 | 356.4 | 152.0 |
| Profit After Tax | 23.66 | 31.1 | -3.1 | -82.7 |
| Net Worth | 53.1 | 58.7 | 33.8 | 31.8 |
| Total Borrowing | 617.2 | 601.2 | 632.5 | 685.5 |
Company Overview
Business: Owner and developer of chain-affiliated hotels, primarily in South India
Parent Company: Wholly-owned subsidiary of Brigade Enterprises Limited (BEL), a leading Indian real estate developer
Key Highlights
Owns and operates 9 hotels with 1,604 keys
Located across Bengaluru, Mysuru, Chennai, Kochi, and GIFT City (Gujarat)
Partnered with global hospitality brands like Marriott, Accor, and IHG
Among major private hotel asset owners in South India (500+ rooms pan-India as of June 30, 2024)
Offerings
Full-service hotels with fine dining, specialty restaurants, MICE venues, lounges, pools, spas, gyms, and outdoor spaces
Focus on providing comprehensive guest experiences with international standards of hospitality
Strength
Strategic Presence in Key Markets: Award-winning hotels located in major South Indian cities, ensuring strong demand and visibility.
Efficient Asset Management: Focus on optimizing operations to drive profitability and operational efficiency.
Commitment to ESG Practices: Emphasis on environmental, social, and governance standards enhances brand value and sustainability.
Weakness
High Dependence on Select Hotels and Operators: Over 60% of revenue comes from a few hotels and Marriott-operated properties, posing concentration and operator dependency risks.
Geographic Concentration in Bengaluru: Bengaluru hotels alone contributed 62.91% of revenue in FY24, making the company vulnerable to regional disruptions.
Operator Agreement Risks: Termination or non-renewal of agreements with Marriott, Accor, or IHG could significantly impact operations and revenues.
Brigade Hotel Ventures Latest Announcements
| Date | Subject | Attachment Text |
|---|
Brigade Hotel Ventures Financial Results
Brigade Hotel Ventures Lead Manager(s)
Brigade Hotel Ventures Address
29 th & 30 th Floor, World Trade Center, Brigade
Gateway Campus, 26/1, Dr. Rajkumar Road,
Malleswaram Rajajinagar
Bengaluru, Karnataka, 560055
Phone: +91 80 4137 9200
Email: investors@bhvl.in
Website: https://bhvl.in/