Brigade Hotel Ventures Share Price: IPO Price Band Fixed at ₹85–90, Issue Opens July 24

Market Performance

Brigade Hotel Ventures share price is drawing attention ahead of its upcoming initial public offering. The company has set a price band of ₹85–90 per share for its ₹759.60 crore IPO.

The subscription window will be open from July 24 to July 28, while the anchor investor bidding will begin on July 23. This IPO is entirely a fresh issue of equity shares, with no offer-for-sale (OFS) component.

Main News

The total proceeds from the IPO stand at ₹759.60 crore. Here's a breakdown of fund allocation:

• ₹468.14 crore for debt repayment
• ₹107.52 crore to acquire undivided land share from the promoter, Brigade Enterprises Ltd (BEL)
• Remaining proceeds earmarked for acquisitions, strategic initiatives, and general corporate purposes

Additionally, Brigade Hotel Ventures raised ₹126 crore earlier in July by allotting equity shares to 360 ONE Alternates Asset Management.

The IPO's allotment date is set for July 29, and the listing of Brigade Hotel Ventures share price on stock exchanges is expected on July 31.

Company Details

Brigade Hotel Ventures Ltd. is a wholly-owned subsidiary of Brigade Enterprises Ltd, a Bengaluru-based real estate major.

• Hospitality entry: BEL entered the hotel sector in 2004
• First hotel: Grand Mercure Bangalore, operational since 2009
• Current portfolio: 9 operating hotels with 1,604 keys
• Hotel locations: Bengaluru, Mysuru (Karnataka), Chennai (Tamil Nadu), Kochi (Kerala), GIFT City (Gujarat)
• Operational partners: Marriott, Accor, InterContinental Hotels Group

These partnerships reflect a strong alignment with global hospitality brands, giving a premium edge to the company’s hotel portfolio.

Financial Snapshot

Revenue

• FY25 revenue stood at ₹468.3 crore
• Grew by 16.6% from ₹401.7 crore in the previous fiscal

Net Profit

• Declined by 24% to ₹23.7 crore
• Previous year’s profit was ₹31.14 crore

This financial performance indicates growth in top-line revenue despite pressure on profitability.

Summary of the Article

Brigade Hotel Ventures share price is set to make its stock market debut soon, with a ₹85–90 price band for its ₹759.60 crore IPO. The offering is entirely fresh equity with no OFS involved. The funds will be strategically deployed for debt repayment, land acquisition, and expansion efforts.

With 9 hotels across major Indian cities and strategic partnerships with global hospitality giants, Brigade Hotel Ventures is poised to expand its presence in the hospitality sector. The company's FY25 revenue growth highlights operational momentum, even as net profits saw a dip.

Investors and market participants will be closely tracking the Brigade Hotel Ventures share price once it lists on July 31.