Brigade Hotel Ventures Ltd, a well-known company in the business of Hotels, has opened its IPO on July 24, 2025 for the subscription. The IPO will end on July 28, 2025 with the allotment date given July 29, 2025.
The investor has shown their keen interest and the IPO is subscribed to 1.19 times.
The company is a well-known player in the business of Hotels, and has launched a ₹760 crore IPO.
If you are an investor and are planning to participate, hereunder are the details you must know beforehand:
Key Details
• Issue Opens: July 24, 2025
• Issue Closes: July 28, 2025
• Allotment Date: July 29, 2025
• Price Band: ₹85 to ₹90 per share
• Minimum Investment: ₹14,940
• Maximum Amount: ₹2,00,000
• Maximum Lot Size: 33 shares
• Issue Size: ₹760 crore
Consolidated Bid Details
Total Subscription: 1.19x
Retail Individual Investors (RIIs): 4.65x
Non-Institutional Investors: 0.97x
Qualified Institutional Buyers (QIBs): 0.08x
About the Company
Brigade Hotel Ventures Ltd develop and owns Hotels, majorly in South Indian cities. The company has a portfolio of nine operating hotels, across Bangalore, Chennai, Kochi, Mysuru, and the Gift City of Gujarat (As per the Red Hearing Prospects). Their hotels provide fine dining, restaurants, meeting venues, conferences space, exhibitions centres, lounges, outdoor spaces, and gymnasiums.
(Disclaimer: This article is for informational purposes only and should not be considered financial advice. Investors are advised to read the prospectus carefully and consult their financial advisor before making investment decisions.)
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Ankur Mishra is a journalist who covers an extensive range of news, from business, stock markets, IPOs to geopolitics, world affairs, international crises, and general news. With over a decade of experience in the business domain, Ankur has been associated with some of the reputed media brands. Through a sharp eye on global marketplaces along with deep insights and analysis of business strategies, Ankur brings simplicity to the complex economic matrix to decode market trends and empower people.
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