Brigade Hotel Ventures IPO is a book-built issue IPO, aiming to raise ₹759.60 crore. It comprises entirely of a fresh issue of 8.44 crore equity shares. The bidding window was open from July 24, 2025, to July 28, 2025, with the IPO allotment to be finalised on July 29, 2025. Brigade Hotel Ventures is scheduled to list on BSE and NSE on July 31, 2025.
The IPO was priced at ₹85-₹90 per share with a lot size of 166 shares. The public issue received bids for 22,99,23,944 shares against 4,83,48,103 shares available, resulting in an overall subscription of 4.76 times. QIPs led the response, subscribing 5.74 times their quota, followed by retail investors at 6.83 times.
Brigade Hotel Ventures' ₹759.60 crore IPO, priced at a range of ₹85-₹90 per share, was subscribed 4.76 times overall. The IPO is a fresh issue of 8.44 crore equity shares. Bidding took place from July 24 to July 28, 2025, with the Brigade Hotel Ventures IPO allotment status on July 29, 2025. Retail investors subscribed 6.83 and NIIs 2.03 times. Listing is expected on July 31, 2025.
The table below breaks down the Brigade Hotel Ventures share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| QIB Shares Offered | 6,01,35,000 (71.23%) |
| − Anchor Investor Shares Offered | 3,60,81,000 (42.74%) |
| − QIB (Ex. Anchor) Shares Offered | 2,40,54,000 (28.49%) |
| NII (HNI) Shares Offered | 1,20,27,000 (14.25%) |
| − bNII > ₹10L | 80,18,000 (9.50%) |
| − sNII < ₹10L | 40,09,000 (4.75%) |
| Retail Shares Offered | 80,18,000 (9.50%) |
| Employee Shares Offered | 8,73,103 (1.03%) |
| Shareholders Shares Offered | 33,76,000 (4.00%) |
| Total Shares Offered | 8,44,29,103 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 5.74 |
| Non-Institutional Investors | 2.03 |
| Retail Individual Investors | 6.83 |
| Total shares | 4.76 |
Note: The subscription details are as of July 28, 2025
Brigade Hotel Ventures Limited was incorporated as a public limited company on 24 August 2016 under the Companies Act, 2013. The company’s registered office is located at the 29th and 30th floors of the World Trade Center, Brigade Gateway Campus, Dr Rajkumar Road, Malleswaram–Rajajinagar, Bengaluru, Karnataka.
The company is engaged in the ownership and development of hotels across key cities in India, primarily in the southern region. As of the date of the Red Herring Prospectus, Brigade Hotel Ventures operates a portfolio of nine hotels located in Bengaluru, Chennai, Kochi, Mysuru, and GIFT City, Gujarat. These properties are managed under globally recognised hospitality brands including Marriott, Accor, and InterContinental Hotels Group.
Brigade Hotel Ventures focuses on strategically selecting locations with high demand potential, such as premium neighbourhoods, commercial hubs, IT corridors, and leisure destinations. Notable properties include Sheraton Grand Bangalore at Brigade Gateway, Grand Mercure Bangalore in Koramangala, and Holiday Inn Bengaluru Racecourse Road, which is one of the largest upper-midscale hotels in its micro-market.
The company is a subsidiary of Brigade Enterprises Limited, a prominent real estate developer in India. The hotel business was originally part of Brigade Enterprises and was transferred to Brigade Hotel Ventures pursuant to a Scheme of Arrangement to enable focused management and operational efficiency.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jul 28, 2025, 11:24 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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