🏨 Overview
- Brigade Hotel Ventures Ltd is a wholly‑owned hospitality-focused subsidiary of Brigade Enterprises Ltd (BEL), a major real estate developer based in Bangalore.
- BHV owns and develops chain-affiliated hotels across key South Indian locations, working with international brands like Marriott, Accor, and InterContinental Hotels Group.
📍 Operations & Portfolio (As of March 31, 2025)
- 9 operational hotels spanning Bengaluru, Chennai, Kochi, Mysuru, and GIFT City (Gujarat), with a combined 1,604 rooms (keys).
- Positioned across upper‑upscale, upscale, upper‑midscale, and midscale segments.
- Hotels strategically located in high-demand zones such as airports, IT/business districts, and commercial hubs.
🧭 Strategic Growth & Expansion Plans
- Aims to expand inventory to ~2,600 rooms by FY29, adding five new hotels across Chennai, Bangalore, Hyderabad, and Vaikom (Kerala).
- Planned developments include:
- Grand Hyatt Resort on Chennai ECR
- InterContinental Hyderabad at Brigade Neopolis
- Luxury wellness resort in Vaikom Island (Kerala)
- Two Fairfield by Marriott hotels in Bangalore/Hosur area.
🔍 Competitive Positioning
- Recognized as the second-largest owner of chain-affiliated hotels in South India among private hotel asset owners with at least 500 rooms (as of June 2024).
- BHV leverages the real estate expertise and integrated development strategy of its parent, BEL, to deliver cost-effective hospitality offerings in high-demand locations.
👤 Leadership
- Nirupa Shankar, MD of Brigade Hotel Ventures and Joint Managing Director at BEL: holds a Master’s in Hospitality Management (Cornell) and has over 15 years in hospitality and real estate operations.
- Other key board members include Amar Shivram Mysore and Vineet Verma, both veterans in hospitality/real estate within Brigade Group.
🔗 Why It Matters
Brigade Hotel Ventures uniquely combines Brigade Group’s real estate development strength with globally recognized hotel brands, positioning it strongly in South India’s hospitality market. Their clear roadmap—financially and operationally—targets scaling while deleveraging through IPO proceeds.
Brigade Hotel Ventures Ltd. IPO Timetable
| Particular | Date |
| IPO Open Date | 24 July 2025 |
| IPO Close Date | 28 July 2025 |
| Allotment Date | 29 July 2025 |
| IPO Listing Date | 31 July 2025 |
Brigade Hotel Ventures Ltd. IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 85 to 90 Per Equity Share |
| Market Lot | 166 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 760 Crore. |
Brigade Hotel Ventures Ltd. IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 166 | Rs. 14940 |
| Maximum | 13 | 2158 | Rs. 194220 |
| Small HNI (Minimum) | 14 | 2324 | Rs. 209160 |
| Big HNI (Minimum) | 67 | 11122 | Rs. 1000980 |
Brigade Hotel Ventures Ltd. IPO Allotment Status
Click Here To Check IPO Allotment Status Brigade Hotel Ventures Ltd. IPO
Click Here To Get ASBA Forms Brigade Hotel Ventures Ltd. IPO
Company Financials :
| Particular | 31 March 2025 | 31 March 2024 | 31 March 2023 |
| Total Assets | 947.57 | 886.78 | 840.67 |
| Total Revenue | 470.68 | 404.85 | 356.41 |
| Profit After Tax | 23.66 | 31.14 | -3.09 |
Company Promoters:
Brigade Enterprises Limited is the promoter of the company.
Objects of this Issue:
- Prepayment , in full or in part, of certain outstanding borrowings availed by the Company.
- Payment of consideration for buying of undivided share of land from the Promoter.
- Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Brigade Hotel Ventures Ltd. 29 th & 30 th Floor, World Trade Center, Brigade Gateway Campus, 26/1, Dr. Rajkumar Road, Malleswaram Rajajinagar Bengaluru, Karnataka, 560055 Phone: +91 80 4137 9200 Email: investors@bhvl.in Website: https://bhvl.in/ | Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: einward.ris@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
