Prestige Hospitality IPO Date, Review, Price, Allotment Details

Prestige Hospitality IPO open date is 2025 and the IPO will close on 2025. Prestige Hospitality IPO is a Book Built Issue. The company to raise around ₹2,700 crores via IPO that comprises fresh issue of ₹1,700 crores and offer for sale up to [.] equity shares with face value of ₹5 each.

Prestige Hospitality IPO price band is ₹[.] per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Prestige Hospitality IPO to list on BSE, NSE on 2025. The allotment of Prestige Hospitality IPO date is 2025.

The company reported revenue of ₹1,024.64 crores in 2024 against ₹1,049.26 crores in 2023. The company reported profit of ₹161.78 crores in 2024 against profit of ₹156.20 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Table of Contents

Prestige Hospitality IPO Details

IPO Open Date2025
IPO Close Date2025
Face Value₹5 Per Equity Share
IPO Price Band₹[.] to ₹[.] Per Share
Issue SizeApprox ₹2,700 Crores
Fresh IssueApprox ₹1,700 Crores
Offer for Sale:Approx [.] Equity Shares
Issue TypeBook Built Issue
IPO ListingBSE, NSE
DRHP Draft ProspectusPDF
RHP Draft ProspectusPDF

Prestige Hospitality IPO Review & Key Points

  • Review:

Prestige Hospitality IPO Market Lot

The Prestige Hospitality IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.

ApplicationLot SizeSharesAmount
Retail Minimum₹-
Retail Maximum₹-
S-HNI Minimum₹-
S-HNI Maximum₹-
B-HNI Minimum₹-

IPO Reservation

Investor CategoryShare Offered-% Shares
Anchor Investor– Shares-%
QIB (Ex. Anchor)– Shares75%
NII Shares Offered– Shares15%
Retail Shares Offered– Shares10%

Prestige Hospitality IPO Anchor Investors

Anchor Bidding Date2025
Anchor Investors ListPDF
Shares Offered[.] Shares
Anchor Size[.] Cr.
lock-in period end date 50% shares (30 Days) 2025
lock-in period end date 50% shares (90 Days) 2025

Prestige Hospitality IPO Dates

The Prestige Hospitality IPO date is 2025 and the close date is 2025. The Prestige Hospitality IPO allotment will be finalized on 2025 and the IPO listing on 2025.

IPO Open Date:2025
IPO Close Date:2025
Basis of Allotment:2025
Refunds:2025
Credit to Demat Account:2025
IPO Listing Date:2025
IPO Bidding Cut-off Time:2025 – 5 PM

Promoters and Holding Pattern

The promoters of the company is Prestige Estates Projects Limited.

ParticularShares% Share
Promoter Holding Pre Issue28,81,00,000100%
Promoter Holding Post Issue-%

Objects of the Issue & Utilisation of proceeds

PurposeCrores
Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by the Company₹1121.28
Material Subsidiaries, namely, Sai Chakra Hotels Private Limited and Northland Holding Company Private Limited, through investment in such subsidiaries₹724.03
Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes₹-

About Prestige Hospitality IPO

Prestige Hospitality has a work of building hotels in India, and they are a part of the Prestige Group. Moreover, they have experienced and skilled promoters, along with 38 years of real estate experience and a market value of ₹729.66 billion as of December 31, 2024. 

PEPL works in residential, commercial, hospitality, and retail sectors. Its portfolio includes hospitality assets that are operating, under development, and planned. This is the status as of December 31, 2024. 

They have partnerships with several well-known hotel brands, including Marriott (St. Regis, Edition, W Hotels, JW Marriott, Sheraton, Autograph Collection, Tribute Portfolio, Moxy, Aloft, and Marriott Executive Apartments), Hilton (Conrad), and Banyan Tree (Angsana Resorts & Spa).

Prestige Hospitality IPO Company Financial Report

Amount ₹ in Crores

Period EndedRevenueExpensePATAssets
2022₹320.86₹424.89₹86.16₹3,114.38
2023₹1,049.26₹847.22₹156.20₹3,330.17
2024₹1,024.64₹784.83₹161.78₹3,729.88
December 2024₹1,012.93₹909.86₹67.79₹3,822.24

Prestige Hospitality IPO Valuation – FY2024

Check Prestige Hospitality IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:24.34%
ROCE:14.12%
EBITDA Margin:49.71%
PAT Margin:15.79%
Debt to equity ratio: 2.11
Earning Per Share (EPS):₹6.24 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):21.35%
Net Asset Value (NAV):₹29.21

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Chalet Hotels Limited13.5461.3815.03%90.181,417.25 Cr.
Ventive Hospitality Limited5.24142.93(1.82%)175.871,842.07 Cr.
Juniper Hotels Limited1.46184.970.90%162.59817.66 Cr.
The Indian Hotels Company Limited8.8694.4013.13%71.266,768.75 Cr.
EIH Limited10.2236.0716.58%65.342,511.27 Cr.
ITC Hotels LimitedNANANANA3,034.00 Cr.

IPO Lead Managers aka Merchant Bankers

  • JM Financial Ltd.
  • CLSA India Pvt. Ltd.
  • JP Morgan India Pvt .Ltd.
  • Kotak Mahindra Capital Co. Ltd.

Company Address

Prestige Hospitality Ventures Ltd.
Prestige Falcon Tower
No.19, Brunton Road
Bangalore Urban, Karnataka, 560025
Phone: +91 80 25591080
Email: [email protected]
Website: https://www.prestigehospitalityventures.com/

IPO Registrar

Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://ipostatus.kfintech.com/

Prestige Hospitality IPO FAQs

What is Prestige Hospitality IPO?

Prestige Hospitality IPO is Mainboard IPO. The company is going to raise ₹2,700 Crores via IPO. The issue is priced at ₹[.] to ₹[.] per equity share. The IPO is to be listed on BSE & NSE.

When Prestige Hospitality IPO will open for subscription?

The IPO is to open on 2025 for QIB, NII, and Retail Investors. The IPO will close on 2025.

What is Prestige Hospitality IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Prestige Hospitality IPO?

You can apply for Prestige Hospitality IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Prestige Hospitality IPO Issue Size?

Prestige Hospitality IPO issue size is ₹2,700 crores.

What is Prestige Hospitality IPO Price Band?

Prestige Hospitality IPO Price Band is ₹[.] to ₹[.].

What is Prestige Hospitality IPO Lot Size?

The minimum bid is [.] Shares with ₹[.] amount.

What is the Prestige Hospitality IPO Allotment Date?

Prestige Hospitality IPO allotment date is 2025.

What is the Prestige Hospitality IPO Listing Date?

Prestige Hospitality IPO listing date is 2025. The IPO is to list on BSE & NSE.

Note: The Prestige Hospitality IPO price band and date are officially announced. The (Prestige Hospitality IPO grey market premium) will be added to the IPO GMP page as it will start).

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.