The allotment process for Brigade Hotel Ventures IPO is expected to be finalised today on July 29, 2025 The bidding window for the IPO was open from July 24, 2025 till July 28, 2025. The shares of Brigade Hotel Ventures will be listed on both BSE and NSE, with a tentative listing date fixed as Thursday, July 31, 2025.
Here is the process to check Brigade Hotel Ventures IPO Allotment Status on NSE:
Here is the process to check Brigade Hotel Ventures IPO Allotment Status on BSE:
Brigade Hotel Ventures IPO is a bookbuilding IPO with a total issue size of ₹759.60 crores. It is entirely a fresh issue of 8.44 crore shares. The issue price band is set at ₹85 – ₹90 per share. The minimum lot size of the issue is 166, with a minimum investment of ₹14,110.
Jm Financial Limited is the book-running lead manager of the Brigade Hotel Ventures IPO, while Kfin Technologies Limited is the registrar for the issue.
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(July 28, 2025, 5 PM)
On Day 3, Brigade Hotel Ventures IPO was subscribed 4.75 times. The public issue was subscribed 6.83 times in the retail category, 5.74 times in QIB, and 2.03 times in the NII category.
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The Company will utilise the net proceeds of the issue for the following purposes:
According to Livemint, the Grey Market Premium (GMP) of Brigade Hotel Ventures stood at ₹0 as of July 29, 2025, 08:57 a.m. This indicates that the estimated listing price of the shares will be ₹90, based on the upper end of the price band. The expected gain per share is 0%.
Source: Livemint Media Report dated July 29, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Brigade Hotel Ventures Ltd is the hospitality arm of real estate giant Brigade Enterprises Ltd, founded in 2004 and based in Bengaluru. It owns a portfolio of nine operating hotels with 1,604 keys across key cities including Bengaluru, Chennai, Kochi, Mysuru, and GIFT City, Gujarat. These properties are operated under global hospitality brands such as Marriott, Accor, and InterContinental, spanning midscale to upper-upscale segments. As of June 2024, it was the second-largest private chain-affiliated hotel owner in South India.
In FY24, the company reported a revenue of ₹401.7 crore and a net profit of ₹31.14 crore.
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