Brigade Hotel Ventures Limited is set to launch its Initial Public Offering (IPO) from July 24 to July 28, 2025, offering fresh capital of ₹759.60 crore. This bookbuilding IPO comprises a fresh issue of 8.44 crore shares, and marks a significant expansion initiative for the hospitality arm of Brigade Group, a leading player in India’s real estate and hospitality sectors.
IPO Details and Price Band
The price band for the Brigade Hotel Ventures IPO is set between ₹85 to ₹90 per share, with a face value of ₹10 per share. Investors can bid in lots of 166 shares, making the minimum retail investment ₹14,110. The IPO includes category-wise allotment with specific investment thresholds for different investor classes:
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Retail investors (RII): Up to ₹2 lakhs
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sNII (Small Non-Institutional Investors): ₹2–10 lakhs (minimum 2,324 shares worth ₹2,09,160)
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bNII (Big Non-Institutional Investors): Above ₹10 lakhs (minimum 11,122 shares worth ₹10,00,980)
An employee discount of ₹3 per share is available for eligible investors. JM Financial Limited is the book-running lead manager, and Kfin Technologies Limited is the registrar for the issue.
Important Dates
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IPO Opens: July 24, 2025
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IPO Closes: July 28, 2025
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Allotment Finalization: July 29, 2025
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Tentative Listing Date: July 31, 2025 on BSE and NSE
Shareholding Pattern & Reservations
Post-issue, the total number of shares will increase from 29.54 crore to 37.98 crore. The IPO reserves:
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75% for Qualified Institutional Buyers (QIBs)
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15% for Non-Institutional Investors (NIIs)
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10% for Retail Investors
Conclusion
The Brigade Hotel Ventures IPO offers an exciting opportunity for investors looking to gain exposure to India’s growing hospitality sector. With a solid backing from Brigade Group, and attractive pricing, this IPO is expected to garner strong interest across investor segments. For a comprehensive understanding, potential investors are advised to refer to the Red Herring Prospectus (RHP) of Brigade Hotel Ventures before subscribing.
