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    IPO Note | Open

    Brigade Hotel Ventures Ltd

    Minimum Investment

    14,940

    Retail Investor can invest upto Rs 0 in IPO
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    Retail Discount

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    Open Date

    24-Jul-25
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    Close Date

    28-Jul-25
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    Application Timing

    IPO Details

    • Min Order Quantity
      166
    • Price Range
      85-90
    • Issue Size
      759.6
    • Face Value
      10
    • Listing at
      BSE
    • IPO Doc
      DRHP PDFpdf - img

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    Lead Manager

    ICICI Securities Ltd

    About Company

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      Parent Organization
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      Founded
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      Managing Director
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      Website
      https://bhvl.in
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      Registered Office
      29 & 30 Flr WTC Brigade Gatewa,26/1 Dr Rajkumar Rd Malleswarm,
      Bangalore,560055,Karnataka

    IPO Schedule

    Offer Start

    24-Jul-25

    Offer End

    28-Jul-25

    Allotment Finalization

    Refund initiation

    Demat transfer

    Listing

    Key Objective

    Initial public offer of up to [*] equity shares of face value of Rs.10 each ("equity shares") of Brigade Hotel Ventures Limited ("company" or "issue") for cash at a price of Rs.[*] per equity share (including a share premium of Rs.[*] per equity share) ("issue price") aggregating up to Rs.759.60 crores (the "issue") comprising a fresh issue of up to [*] equity shares aggregating up to Rs.759.60 crores (the "fresh issue"). This issue includes a reservation of up to [*] equity shares of face value of Rs.10 each (constituting [*]% of the post issue paid up equity share capital of the company) aggregating up to Rs.7.60 crores for subscription by eligible employees (the "employee reservation portion") and a reservation of up to [*] equity shares of face value of Rs.10 each (constituting [*]% of the post issue paid up equity share capital of the company) aggregating up to Rs.30.38 crores, for subscription by bel shareholders (as defined hereinafter) (the "BEL shareholders reservation portion"). The issue less the employee reservation portion and the bel shareholders reservation portion is hereinafter referred to as the "net issue". The issue and the net issue will constitute [*]% and [*]% of the post-issue paid-up equity share capital, respectively. A pre-ipo placement of equity shares was undertaken by the company, in consultation with the book running lead managers, as permitted under applicable law, aggregating to Rs.126.00 crores ("pre-ipo placement"). The pre-ipo placement was at a price decided by the company, in consultation with the book running lead managers and was completed prior to filing of this red herring prospectus with the roc. The amount raised pursuant to the pre-ipo placement was reduced from the issue, subject to compliance with rule 19(2)(b) of the scrr and the revised issue size aggregates up to Rs. 759.60 crores. The pre-ipo placement did not exceed 20% of the size of the issue. The company has appropriately intimated the subscribers to the pre-ipo placement, prior to the allotment pursuant to the pre-ipo placement. Price Band:Rs. 85 to Rs. 90 per equity share of the face value of Rs.10 each. The floor price is 8.5 times of the face value the cap price is 9 times of the face value. Bids can be made for a minimum of 166 equity shares and in multiples of 166 equity shares thereafter. A discount of Rs.3 per equity share is being offered to eligible employees bidding in the employee reservation portion.

    Financial Snapshot (Consolidated)

    Financial Year Ended Revenue( Crores) PAT ( Crores) EPS()
    Mar 2025 468.25 20.19 0.84
    Mar 2024 401.7 24.87 311.4
    Mar 2023 350.22 -3.84 -30.9
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    Step 1

    Go to IPO Online page

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    Step 2

    Login using your “client code” or PAN and mobile number by verifying OTP.

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    Step 3

    Click on “Apply IPO” to enter your bid quantity and UPI id.

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    Step 4

    Go to your UPI application and approve the payment request.

    Viola! You have successfully applied to the IPO.

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    • Enter the bid quantity and approve the UPI payment mandate.
    • Your bid is complete!

    When the IPO shares are allotted, you will either get full or partial allotment from the bid you made.

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