Brigade Hotel Ventures IPO Subscribed over 1.27x on Day 2

Brigade Hotel Ventures IPO subscribed over 1.27x on its second day of subscription, wherein QIB subscribed 0.09x, NII subscribed 1.03x, and RII subscribed 4.96x.

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Brigade Hotel Ventures IPO subscription started on July 24, 2025, and the IPO will close on July 28, 2025, as per the schedule. The price band is set at ₹85 to ₹90 per share with a face value of ₹10 each. 

Brigade Hotel Ventures IPO Subscription Status 

Brigade Hotel Ventures IPO subscribed over 1.27x on its second day till 5.00 PM on 25 July 2025.

  • Brigade Hotel Ventures IPO subscription QIB investors portion is 0.09 times, while NII subscribed 1.03 times, and RII investors subscribed 4.96 times. 
  • The company has received bids for 6,12,01,876 shares against 4,83,48,103 shares on offer on the second day of subscription.
  • Brigade Hotel Ventures IPO subscribed over 1.27x on its day 2.  
  • Brigade Hotel Ventures IPO subscribed over 0.67x on day 1.

About Brigade Hotel Ventures Company 

Brigade Hotel Ventures Limited is one of the leading owners and developers of hotels in various cities in India. It is a fully owned company of one of India’s top real estate developers, BEL. They are one of the major private hotel owners in India, comprising over 500 rooms across the country. As of June 30, 2024, the company owns chain-affiliated hotels and rooms in South India, including Kerala, Andhra Pradesh, Tamil Nadu, Karnataka, Telangana, and the Union Territories of Lakshadweep, Andaman & Nicobar Islands, and Pondicherry. Experience fine dining and specialty restaurants, venues for meetings, incentives, conferences, and exhibitions (“MICE”), lounges, swimming pools, outdoor spaces, spas, and gymnasiums, all provided by the company for an excellent customer experience. Brigade Hotel Ventures Limited has a portfolio of 9 operating hotels spanning Bengaluru (Karnataka), Chennai (Tamil Nadu), Kochi (Kerala), Mysuru (Karnataka), and the GIFT City (Gujarat) with 1604 keys.

Brigade Hotel Ventures Financial Report 

The company reported revenue of ₹470.68 crores in 2025 against ₹404.85 crores in 2024. The company reported a profit of ₹23.66 crores in 2025 against a profit of ₹31.14 crores in 2024. 

Brigade Hotel Ventures IPO GMP: 

Brigade Hotel Ventures’s IPO GMP was ₹7 as of Friday, 25 July 2025. That indicates the IPO is trading at ₹97 with a ₹7 premium in the grey market against the issue price of ₹90.

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.