Brigade Hotel Ventures Limited, a prominent player in the Indian hospitality sector and a wholly-owned subsidiary of Brigade Enterprises Ltd (BEL), is set to launch its Initial Public Offering (IPO) on July 24, 2025. This issue is expected to raise ₹759.60 crores through a fresh issue of 8.44 crore equity shares.

The IPO will remain open for subscription until July 28, 2025. The allotment of shares is expected to be finalised on or about Tuesday, July 29, 2025, with the listing scheduled on Thursday, July 31, 2025, on both BSE and NSE.

IPO Price Band and Investment Details

The price band for the Brigade Hotel Ventures IPO is set between ₹85 and ₹90 per equity share.

• Lot Size: 166 shares

• Minimum Investment (Retail): ₹14,110

• sNII Minimum Investment: 14 lots (2,324 shares) – ₹2,09,160

• bNII Minimum Investment: 67 lots (11,122 shares) – ₹10,00,980

This IPO is offered through the book-building route and consists entirely of a fresh issue, with no offer-for-sale (OFS) component.

Company Overview

Brigade Hotel Ventures Limited is the owner and developer of premium hotel properties across South India, including Bengaluru, Mysuru, Chennai, Kochi, and GIFT City in Gujarat. As of March 31, 2025, the company owns a total of nine operational hotels with a combined 1,604 keys.

Their hotel portfolio includes some of the most sought-after and upscale properties in South India. These hotels offer:

• Fine dining and specialty restaurants

• MICE facilities (Meetings, Incentives, Conferences, and Exhibitions)

• Lounges, swimming pools, spas, and gyms

All hotels are operated and managed by renowned global hospitality chains like:

• Marriott International

• Accor Group

• InterContinental Hotels Group (IHG)

This strategic partnership ensures global standards in hospitality and customer service.

Market Position and Strengths

Brigade Hotel Ventures is among the major private hotel asset owners in South India and stands out for its:

• Strong brand equity backed by Brigade Enterprises Ltd

• Marquee operational partnerships

• Strategic locations in high-demand metropolitan and business districts

• Comprehensive hospitality offerings across leisure and business segments

The company’s presence in growth hubs like GIFT City also positions it favourably for future expansion and real estate-driven hospitality demand.

Use of IPO Proceeds

Though the company has not publicly detailed the full breakup of its IPO proceeds as of now, being a fresh issue, the funds are expected to be deployed for:

• Debt repayment or reduction

• Capital expenditure

• Expansion of hospitality assets

• General corporate purposes

More details will be revealed in the Red Herring Prospectus closer to the listing.

GMP and Market Sentiment

As of now, no official Grey Market Premium (GMP) data is available for Brigade Hotel Ventures IPO. However, given the brand's strong reputation, experienced parent company, and strategic hotel locations, there is moderate-to-high investor interest expected, especially among institutional investors and HNIs.

Should You Apply for Brigade Hotel Ventures IPO?

Brigade Hotel Ventures Limited offers a unique value proposition:

• It is one of the few dedicated hotel asset companies hitting the public markets in recent years.

• The portfolio quality is strong with globally managed hotels.

• The hospitality sector is rebounding post-COVID, with travel, events, and business stays gaining traction.

• Backed by Brigade Enterprises, the IPO gains added credibility.

However, investors should review financials, valuations, and peer comparisons once the red herring prospectus (RHP) is fully available.

As of now, retail investors looking for sectoral diversification and long-term growth potential may consider this IPO for listing and long-term holding, provided valuations are justified at the upper end of the price band.

Disclaimer:
This analysis is for educational and informational purposes only. It does not constitute investment advice or a solicitation to buy or sell any securities. Investors should perform their own due diligence or consult a SEBI-registered financial advisor before making any investment decisions. All data is based on information available as of the publication date and may be subject to change.

The Upcoming IPOs in this week and coming weeks are Sellowrap Industries, Repono, Shanti Gold International, Indiqube Spaces, GNG Electronics, Brigade Hotel Ventures, Patel Chem Specialities, TSC India, NSDL.

The Current active IPO are Monarch Surveyors & Engineering Consultants, Swastika Castal, Savy Infra.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.