Archive · 23 Jul 2025
Brigade Hotel Ventures IPO Opens July 24: Key Details
Brigade Hotel Ventures, a hotel developer, is offering shares to the public through an IPO.
The IPO starts July 24 and ends July 28.
They plan to sell new shares and use the money to pay off debts, buy land, and potentially acquire other companies.
The price per share will be between ₹85 and ₹90.
Early estimates suggest the stock might be worth 12% more than the offering price when it starts trading.
The IPO involves 8.44 crore shares.
Investors can buy shares in lots of 166 shares.
Brigade Hotel Ventures IPO opens July 24 and closes July 28.
The IPO is a fresh issue of 8.44 crore shares.
Price band is ₹85 to ₹90 per equity share.
GMP is ₹11, suggesting a potential 12% listing premium.
Company intends to use proceeds to repay borrowings, buy land, and fund acquisitions.
- Who
- Brigade Hotel Ventures.
- What
- Initial Public Offering (IPO) of Brigade Hotel Ventures.
- When
- Opens July 24, closes July 28.
- Where
- India.
- Why
- To repay borrowings, buy land, pursue acquisitions, and general corporate purposes.
- IPO Open Date
- July 24
- IPO Close Date
- July 28
- Price Band
- ₹85 to ₹90 per share
- Issue Type
- Fresh Issue
- Total Shares
- 8.44 crore
- GMP
- ₹11
- Listing Exchange
- BSE, NSE