Brokers usually take bids until: Zerodha 4:45 PM, Groww 4:50 PM, Angel One and Upstox 5:00 PM (HNI 4:00 PM). Check the exact time with your broker or bank.
Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Repayment of borrowings
Repayment or prepayment, in full or in part, of certain outstanding borrowings of the company and its material subsidiary, SRP Prosperita Hotel Ventures Limited.
Purchase of land from the promoter
Payment of consideration for purchasing an undivided share of land from the promoter, Brigade Enterprises Limited.
General corporate purposes
Funding inorganic growth through unidentified acquisitions, other strategic initiatives, and general corporate purposes.
(₹ in Crore)
Tap a bar to highlight a metric across periods and show its values.
Brigade Hotel Ventures Limited is a wholly-owned subsidiary of Brigade Enterprises Limited, one of India's leading real estate developers, and operates as an owner and developer of hotels concentrated in South India. The company holds a portfolio of nine operating hotels comprising about 1,604 rooms across Bengaluru, Chennai, Kochi, Mysuru, and GIFT City, with properties managed by international hospitality brands such as Marriott, Accor, and InterContinental Hotels Group. The company positions itself as the second-largest owner of chain-affiliated hotel rooms in South India, with fine dining, banqueting, and meetings and events facilities alongside its room inventory. A large share of its revenue is concentrated in its Bengaluru properties, reflecting the company's roots as an extension of Brigade Enterprises' real estate development in that city. Financially, the company moved from a net loss in FY23 to profitability from FY24 onward, with revenue rising from about Rs 356 crore in FY23 to roughly Rs 471 crore in FY25. Its growth strategy includes further hotel developments and selective inorganic opportunities, supported by its established relationships with global hotel operators and its parent's real estate development capabilities.
Ahead of the issue, the company raised about Rs 324.73 crore from anchor investors at the upper price band of Rs 90 per share, with anchor bidding held on 23 July 2025.
Source: RHP • Analysis provided for informational purposes
Last Updated: 13 July 2026, 5:30 AM
Established hotel portfolio in key South Indian markets
The company owns nine operating hotels with about 1,604 rooms across Bengaluru, Chennai, Kochi, Mysuru, and GIFT City, positioning it as a leading chain-affiliated hotel room owner in South India.
Global operator partnerships
Its hotels are managed by internationally recognised brands such as Marriott, Accor, and IHG, which supports service quality and brand recognition.
Efficient asset management
A focus on operating efficiency across its hotel assets supports profitability as the portfolio matures.
Improving financial trajectory
The company moved from a net loss in FY23 to sustained profitability from FY24, with steady revenue growth.
Revenue concentration in Bengaluru
A large share of revenue comes from Bengaluru properties, exposing the company to regional demand or disruption risk.
Dependence on hotel operator agreements
Non-renewal or termination of management agreements with Marriott, Accor, or IHG could materially affect operations.
Concentration in a few properties
A small number of hotels account for a large share of revenue, so underperformance at any one property has an outsized impact.
Brigade Hotel Ventures Limited
29th and 30th Floor, World Trade Center, Brigade Gateway Campus, 26/1, Dr. Rajkumar Road, Malleswaram-Rajajinagar, Bengaluru 560055, Karnataka, India
View on Maps →No financial information whatsoever published anywhere, within this website, should be considered as an advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this website. The information on this website is based on information available as on date coupled with market perceptions.
You agree with the terms and conditions to use this website.
Grey-market disclaimer. GMP shown here is grey-market news only. We do not trade or deal in the grey market or subject-to rates, nor do we recommend trading in the grey market.
Not investment advice. IPO Nex is an information tool, not investment advice. We do not recommend buying or selling any securities. Always do your own research before applying to any IPO.
IPO Nex does not guarantee any listing gain or return. IPO investments are subject to market risks.
All times are IST.
© 2026 IPO Nex by Niota. All rights reserved.
Execution risk in new developments
Planned new hotel developments carry timing and execution risk that could affect future cash flows.