Archive · 25 Jul 2025
Brigade Hotel Ventures IPO Shows Positive Response on Day 2
A company called Brigade Hotel Ventures is trying to sell shares to the public (IPO) to raise money.
On the second day, people were still buying the shares.
The company is trying to get about 760 crore rupees.
Some investors, like everyday people, bought a lot of shares, while others, like big companies, were slower to buy.
Some experts think it's a good investment because the company has been making money.
However, others are worried about the company's finances and debt.
Shares will start trading on July 31st.
Brigade Hotel Ventures IPO saw a decent response on its second day.
The IPO aims to raise Rs 759.60 crore through the sale of new shares.
Retail investors subscribed 4.38 times, while NIIs subscribed 87%.
GMP has corrected, suggesting a listing gain of 7-9% for investors.
Analysts have mixed views, citing profitable performance but also financial concerns.
- Who
- Brigade Hotel Ventures, seeking investment from the public.
- What
- Brigade Hotel Ventures' IPO is underway.
- When
- The bidding process began on July 24 and concludes on July 28.
- Where
- The company operates primarily in South India.
- Why
- To raise funds for the company through the sale of shares.
Positive Aspects
Negative Aspects
Company Performance
Positive Aspects
Strong performance in South India's Market
Negative Aspects
Mixed Financials, Rich Valuations and High Debt
- IPO Amount
- Rs 759.60 crore
- Share Price
- Rs 85-90 apiece
- Retail Subscription
- 4.38 times
- NII Subscription
- 87%
- GMP
- Rs 6-8 per share
- Net Profit FY24-25
- Rs 23.66 crore
- Revenue FY24-25
- Rs 470.88 crore
- Listing Date
- July 31