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Home/ Are You A Trader/  Market Info/  IPO/  IPO /  IPO Snapshot

Basis Of Allotment

Brigade Hotel Ventures Ltd.
Issue Open Date 24-Jul-25  
Issue Closing Date 28-Jul-25  
Application Money 100  
Allotment Money  
Price Band (Rs.) 85 - 90  
Minimum Bid Quantity. 166  
Issue Size (Shares) 51193987  
Market Lot 1  
Objective :

1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings availed by our:(i) Company; and(ii) Material Subsidiary, namely, SRP Prosperita Hotel Ventures Limited;2. Payment of consideration for buying of undivided share of land from our Promoter, BEL; and3. Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.

Business Description

We are an owner and developer of hotels in key cities in India primarily across South India. We are the second largest owner of chain-affiliated hotels and rooms in South India (c...

Promoter's Holding
Total Share Capital   281430000  
Offered to Public   51193987  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   74.09  
Address
29th & 30th Floor
World Trade Center
Brigade Gateway Campus
26/1
Dr. Rajkumar Road
Malleswaram Rajajinagar
Bengaluru ,
Karnataka ,
560055
Phone : 080 41379200
Email : investors@bhvl.in
Website : https://bhvl.in
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
ICICI Securities Ltd
JM Financial Ltd.
Promoters
Brigade Enterprises Ltd.
Attention Investors KYC ASBA

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Download Client Registration Documents (Rights & Obligations, Risk Disclosure Document, Do's & Don't's) in Vernacular Language :
Assamese Bengali Gujarati Hindi Kanada
Kashmiri Konkani Malyalam Marathi Oriya
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NOTE : " This document is a translated version of the client registration documents in English and is being provided in vernacular language to facilitate better understanding by the investors. In case of any ambiguity, the contents of the English version would prevail. "