Brigade Hotel to take investor R orders for India IPO July 24-28

Brigade Hotel to take investor R orders for India IPO July 24-28

Brigade Hotel Ventures Limited, a leading hotel owner and developer in India, is set to offer its Initial Public Offering (IPO) from July 24 to July 28, 2025. The IPO will be a book-building issue, with the company aiming to raise approximately ₹759.60 crores through the sale of fresh equity shares. The IPO will be listed on both the BSE and NSE on July 31, 2025.

Key Details of the IPO

- IPO Open Date: July 24, 2025
- IPO Close Date: July 28, 2025
- Face Value: ₹10 per equity share
- Issue Size: Approximately ₹759.60 crores
- Retail Quota: Not more than 10%
- QIB Quota: Not more than 75%
- HNI Quota: Not more than 15%

Financial Performance

The company reported revenue of ₹404.85 crores in 2024, a significant increase from ₹356.41 crores in 2023. Similarly, the company reported a profit of ₹31.14 crores in 2024, up from a loss of ₹3.09 crores in 2023. The company's financials indicate a strong growth trajectory, making it an attractive option for long-term investors.

IPO Valuation

The company's key performance indicators (KPIs) for the financial year 2025 include:
- Return on Equity (ROE): Not specified
- Return on Capital Employed (ROCE): 13.62%
- EBITDA Margin: 35.45%
- Profit After Tax (PAT) Margin: 5.03%
- Earnings Per Share (EPS): ₹0.72 (Basic)
- Return on Net Worth (RoNW): 30.11%
- Net Asset Value (NAV): ₹2.79

Peer Group Comparison

A comparison with peer companies shows that Brigade Hotel Ventures Limited has a competitive EPS and RoNW. For example, The Indian Hotels has an EPS of 13.40 and a RoNW of 16.42%, while EIH has an EPS of 11.82 and a RoNW of 16.23%.

Objects of the Issue

The proceeds from the IPO will be used for:
- Repayment/prepayment of outstanding borrowings
- Payment of consideration for buying undivided shares of land from the promoter
- Pursuing inorganic growth through unidentified acquisitions and strategic initiatives

How to Apply

Investors can apply for the Brigade Hotel Ventures IPO through the following channels:
- ASBA online via bank account
- ASBA online via UPI through stock brokers
- Offline form through stock brokers

Important Dates

- IPO Open Date: July 24, 2025
- IPO Close Date: July 28, 2025
- Allotment Date: July 29, 2025
- Listing Date: July 31, 2025

References

[1] https://ipowatch.in/brigade-hotel-ventures-ipo-date-review-price-allotment-details/
[2] https://www.chittorgarh.com/ipo/brigade-hotel-ventures-ipo/2094/