Brigade Hotel Ventures IPO 2025: Date, Price, Review, GMP & Details
Brigade Hotel Ventures Limited (BHVL), the hospitality arm of the reputed Brigade Group, is coming up with its Initial Public Offering (IPO) in 2025. With a strong portfolio of premium hotels and partnerships with global hospitality brands, this IPO is drawing investor attention across the country.
✅ Quick Overview
- IPO Name: Brigade Hotel Ventures Ltd IPO
- Type: Book Built Issue
- Issue Size: ₹700 Crores (Fresh Issue)
- Face Value: ₹10 per share
- IPO Date: To be announced
- Listing: BSE, NSE
- Registrar: KFin Technologies Ltd
- Lead Managers: Axis Capital, JM Financial
- GMP: Will be updated closer to listing
- Lot Size: To be declared
📅 Tentative IPO Timeline
| Event | Date (Expected) |
|---|---|
| IPO Open Date | August 2025 (TBA) |
| IPO Close Date | August 2025 (TBA) |
| Allotment Date | August 2025 (TBA) |
| Refund Initiation | August 2025 (TBA) |
| Shares Credited | August 2025 (TBA) |
| Listing Date | August 2025 (TBA) |
🏨 About Brigade Hotel Ventures Ltd
Brigade Hotel Ventures is a wholly owned subsidiary of Brigade Enterprises Ltd, focusing on premium hospitality services. It owns and operates over 1,300 hotel keys across major Indian cities including Bengaluru, Chennai, Mysuru, and Kochi.
The company partners with well-known global hotel brands such as:
- Sheraton Grand
- Grand Mercure
- Four Points by Sheraton
- Holiday Inn
💰 IPO Objectives
As mentioned in the DRHP filed with SEBI, the net proceeds from the IPO will be used for:
- Repayment or prepayment of existing borrowings
- General corporate purposes
- Expanding hotel infrastructure
- Working capital requirements
📊 Financial Performance
| Metric | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Revenue | ₹273.5 Cr | ₹205.6 Cr | ₹124.2 Cr |
| EBITDA | ₹90.7 Cr | ₹62.3 Cr | ₹28.5 Cr |
| Net Profit/Loss | ₹27.6 Cr | −₹11.4 Cr | −₹44.1 Cr |
| Total Assets | ₹1067.4 Cr | ₹1032.8 Cr | ₹985.5 Cr |
| Net Worth | ₹254.7 Cr | ₹227.1 Cr | ₹204.3 Cr |
🧠 Strengths
- Strong brand affiliations with global hospitality leaders
- Backed by Brigade Group, a trusted real estate brand
- Premium properties in high-demand metro locations
- Consistent growth and profitability post-COVID
⚠️ Risks
- High operating costs in hospitality
- Dependence on business and leisure travel cycles
- Exposure to macroeconomic slowdowns
- Rising competition in the hotel industry
📈 Grey Market Premium (GMP) Update
As of now, the GMP for Brigade Hotel Ventures IPO is not yet available. Investors should keep an eye on reliable GMP sources like:
📘 How to Apply for the IPO
Investors can apply for the IPO through UPI-based ASBA using their bank account or through any registered stock broker’s app. Make sure to check your UPI mandate for timely confirmation. For full guidance, visit our IPO Application Guide.
📝 Should You Apply?
The IPO may appeal to:
- Long-term investors looking to benefit from hospitality sector recovery
- Investors interested in asset-backed, cash-flow-generating businesses
- Those seeking exposure to a reputed hotel chain backed by a real estate giant
Short-term listing gains may be uncertain, and investors should evaluate risks carefully before subscribing. For more IPO analysis, visit our IPO Review Section.
🔎 Final Verdict
Brigade Hotel Ventures IPO looks promising with a strong hospitality track record, improving financials, and a clear debt-reduction strategy. Investors looking for steady long-term growth in the premium hospitality segment should definitely watch this IPO closely.
We will update this post once the RHP is filed and official dates, price band, and lot size are declared. You can also track upcoming IPOs in our regularly updated Upcoming IPO Calendar.
📚 Official Sources for Updates
Stay tuned with IPO Prime for real-time IPO updates, expert reviews, and in-depth analysis on all upcoming and listed IPOs in India.
