Markets / IPO / Brigade Hotel Ventures

Brigade Hotel Ventures IPO

Updated 17:58

Mainboard IPO on NSE and BSE · Hotels & Resorts

Status

Listed

Price band

₹85–90

Lot size

166 shares · ₹14,940

Subscribed

4.48×

How it listed

Issue price

₹90

Listing price (open)

₹81.10 -9.89%

First-day close

₹85.32 -5.20%

Price now

₹53.51 -40.54%

Listing day	31 Jul 2025
Open / high / low / close	₹81.10 / ₹87.84 / ₹81.10 / ₹85.32
Shares traded on NSE	2,11,19,517
Market value at the listing-day close	₹3,241 cr

Closing prices since listing: 26 Oct ₹51.64, 27 Oct ₹52.73, 28 Oct ₹52.00, 29 Oct ₹52.95, 30 Oct ₹52.84, 2 Nov ₹53.76, 3 Nov ₹54.69, 4 Nov ₹55.27, 5 Nov ₹56.16, 6 Nov ₹53.59.

Brigade Hotel Ventures share price, live chart and technicals →

Key dates

Bidding opens	24 Jul 2025
Bidding closes	28 Jul 2025
Allotment	29 Jul 2025
Refunds and shares in demat	30 Jul 2025
Listing	31 Jul 2025

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Anchor investors	3,60,81,000	41.34%	–
Institutions (QIB)	2,54,68,941	29.18%	–
HNI / NII	1,27,34,470	14.59%	–
HNI, above ₹10 lakh	84,89,647	9.73%	763
HNI, ₹2–10 lakh	42,44,823	4.86%	1,826
Retail	84,89,647	9.73%	51,142
Employees	9,26,341	1.06%	–
Shareholders	35,74,588	4.10%	–

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	166	₹14,940
Retail (maximum)	13	2,158	₹1,94,220
Small HNI (minimum)	14	2,324	₹2,09,160
Small HNI (maximum)	66	10,956	₹9,86,040
Big HNI (minimum)	67	11,122	₹10,00,980

At ₹90 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance

At least 1 in 6

Retail allotments available

51,142 × one lot

Retail portion subscribed

6.40×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	2,54,68,941	13,81,49,848	5.42×
HNI / NII	1,27,34,470	2,43,91,708	1.92×
HNI, above ₹10 lakh	84,89,647	1,33,95,370	1.58×
HNI, ₹2–10 lakh	42,44,823	1,09,96,338	2.59×
Retail	84,89,647	5,43,65,498	6.40×
Employees	9,26,341	8,68,346	0.94×
Shareholders	35,74,588	1,17,39,188	3.28×
Total	5,11,93,987	22,95,14,588	4.48×

NSE and BSE bids together, as of 28 Jul 2025 19:00.

Demand at each price

Top price ₹90	1,732.15 lakh shares	75.4%
Cut-off final price, whatever it is; mostly retail	560.80 lakh shares	24.4%
Lower prices ₹85–89	4.06 lakh shares	0.2%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	23 Jul 2025
Anchor shares	3,60,81,000
Raised from anchors	₹324.73 cr
Lock-in ends for the first 50% (30 days)	27 Aug 2025
Lock-in ends for the remaining 50% (90 days)	26 Oct 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹3,419 cr	₹2,033 cr
P/E (last 12 months' profit)	43.2	25.7

Revenue, last 12 months	₹540 cr
Profit, last 12 months	₹79 cr
Return on equity	8.0%
Debt to equity	0.18

From results the company filed with NSE (latest period to 30 Sept 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Hotels & Resorts

Company	Listed	Subscribed	On listing	Since IPO
Suba Hotels SME	7 Oct	–	+38.92%	-21.80%
Schloss Bangalore	2 Jun	4.50×	-6.67%	+59.15%
Grand Continent Hotels SME	27 Mar	–	-0.09%	-11.95%
Ventive Hospitality	30 Dec	9.82×	+11.35%	-15.93%

IPO details

Price band	₹85–90
Final issue price	₹90
Lot size	166 shares
Minimum investment	₹14,940 (1 lot)
Market	NSE mainboard
Issue type	100% Book Building
Face value	₹10 per Equity Share
Industry	Hotels & Resorts
Issue size	₹759.60 crore (about 8.44 crore shares) · Fresh issue only
ISIN	INE03NU01014
Registrar	KFin Technologies Limited Helpline: +91 40 6716 2222, 180 0309 4001, bhvl.ipo@kfintech.com
Lead managers	JM Financial Limited and ICICI Securities Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 29 Jul 2025. Check it on the registrar's page (KFin Technologies Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Brigade Hotel Ventures IPO price band and lot size?

The price band is ₹85–90 per share, and one lot is 166 shares (₹14,940 at the upper price).

When is the Brigade Hotel Ventures IPO allotment date?

Allotment was finalised on 29 Jul 2025, the next working day after bidding closed on 28 Jul 2025.

How many times was the Brigade Hotel Ventures IPO subscribed?

In total 4.48 times, on NSE and BSE together; retail 6.40 times.

What is the Brigade Hotel Ventures IPO listing date?

It listed on 31 Jul 2025 on NSE and BSE.

What is the chance of getting Brigade Hotel Ventures IPO shares?

At least 1 in 6 retail applicants got the minimum lot: 51,142 retail allotments with the retail portion subscribed 6.40 times. Winners are picked by lottery.

When does the Brigade Hotel Ventures anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 27 Aug 2025 and the 90-day lock-in on the rest ends on 26 Oct 2025; they can sell from the next trading day.

What was the Brigade Hotel Ventures listing gain?

It opened at ₹81.10 against an issue price of ₹90, a loss of 9.89%. It is now down 40.54% from the issue price.