Archive · 24 Jul 2025
Brigade Hotel Ventures IPO Opens: Subscription Begins July 24
Brigade Hotel Ventures, a hotel company, is selling shares to the public through an IPO, looking to raise around ₹760 crore.
Experts suggest that investors might consider buying these shares.
The money raised will primarily pay off debts, and for acquisitions and operational expenses.
The company is valued highly and experts believe there's potential for long-term value, but it's fully priced currently.
The shares will be available starting July 24, and will be listed on stock exchanges by July 31st.
Brigade Hotel Ventures IPO opens on July 24, aiming to raise ₹759.6 crore.
The company plans to use ₹468 crore of the IPO proceeds for debt repayment.
SBI Securities and Ventura Securities recommend subscribing to the IPO, citing growth potential.
The IPO price band is ₹85 to ₹90 per equity share, with a minimum bid of 166 shares.
The IPO is fully priced but analysts see long-term value in the company.
- Who
- Brigade Hotel Ventures, a South-based hotel chain.
- What
- Brigade Hotel Ventures IPO opening.
- When
- July 24, 2025, closing on July 28.
- Where
- South India
- Why
- To raise capital for debt repayment, acquisitions and operational needs.
Brokerage Recommendations
Investment Recommendations
Investment Advice
Brokerage Recommendations
SBI Securities, Ventura Securities, and Anand Rathi recommend subscribing.
Investment Recommendations
The article doesn't mention any negative recommendations.
- IPO Amount
- ₹759.6 crore
- Price Band
- ₹85 to ₹90 per share
- Listing Date (Tentative)
- July 31
- Use of Funds
- Debt repayment, land acquisition, acquisitions, expenses
- Parent Company
- Brigade Enterprises Ltd (BEL)
- Hotel Count
- 9 operational hotels
- Shares Per Bid
- 166