Brigade Hotel Ventures IPO is undergoing a share pricing process of Rs 759.60 crores through its shares. To raise this amount through shares, they have issued approximately 8.44 crores shares in the company. Moreover, the company has released a tentative schedule of the timeline of this process with its shareholders. The Brigade Hotel Ventures IPO GMP Start Date is July 24, when shareholders can begin purchasing the company’s shares. Additionally, the last step of this process will be its listing on the BSE Sensex and NSE on July 31. Between this and the opening of shares, the company will implement the allotment of shares to its shareholders. Those who didn’t receive the share allotment or were not allotted their desired shares will be refunded their invested amount.
Brigade Hotel Ventures IPO has two companies handling the share pricing process and registrar affairs. Jm Financial Ltd. is handling the Initial pricing mechanism, and Kfin Technologies Ltd. is handling the issue of shares by the registrar.
Brigade Hotel Ventures IPO Details
| IPO Open Date: | July 24, 2025 |
| IPO Close Date: | July 28, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹85 to ₹90 Per Share |
| Issue Size: | Approx ₹₹759.60 Crores |
| Fresh Issue: | Approx ₹₹759.60 Crores |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 10% |
| QIB Quota: | Not more than 75% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Brigade Hotel Ventures IPO Dates
| IPO Open Date: | July 24, 2025 |
| IPO Close Date: | July 28, 2025 |
| Basis of Allotment: | July 29, 2025 |
| Refunds: | July 30, 2025 |
| Credit to Demat Account: | July 30, 2025 |
| IPO Listing Date: | July 31, 2025 |
Brigade Hotel Venture IPO has released a tentative schedule to inform the shareholders about the share pricing process. This way, the company can raise the desired shares that will benefit the investing shareholders of the company. The Brigade Hotel Ventures IPO opening date is July 24, when the company will start accepting share applications from investors. Moreover, the company will stop accepting applications on July 28, marking the beginning of the share allotment process. In this process, the company will allot the shares according to the applications and their availability on July 29.
Moreover, candidates will be refunded the funds that were not accepted due to limited availability on the same day. On July 30, the shares will be transferred to the demat account of shareholders, from where they can track the status. The company will share the final list with BSE and NSE after the completion of the process on July 31.
Details Released by the Brigade Hotel Venture IPO
Brigade Hotel Ventures has released the dates by which the share pricing process will commence in the company. It has been mentioned that the minimum shares a shareholder has to buy are 166, which amount to Rs 14,110. Moreover, Brigade Hotel Ventures IPO price band fixed at Rs 85 to 90, according to which investors will purchase the shares. The total shares issued by the company before this issue are 29,54,30,000, and will be totaled to 37,98,30,000 shares after the completion. Moreover, the employees will be offered a Rs 3 discount from the company on purchasing its shares.
Brigade Hotel Ventures IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 166 | ₹14,940 |
| Retail (Max) | 13 | 2,158 | ₹1,94,220 |
| S-HNI (Min) | 14 | 2,324 | ₹2,09,160 |
| S-HNI (Max) | 66 | 10,956 | ₹9,86,040 |
| B-HNI (Min) | 67 | 11,122 | ₹10,00,980 |
As mentioned above, shareholders have to apply for at least 166 shares to be eligible for the book-building process. Moreover, the minimum retail shares will be valued at Rs 14,940 for the 166 shares of the company in a single lot. Apart from that, the maximum retail share price will be Rs 1,94,220 for the 2,158 shares, which will be allotted in 13 lots.
The minimum shares for the S-HNI share applications are 2,324, for which an amount of Rs 2,09,160 can be raised. On the other hand, the maximum shares of the company for the S-HNI share applications are 10,956, for which an amount of Rs 9,86,040 can be raised.
The B-HNI shares will raise a minimum amount of Rs 10,00,980 in 67 lots for 11,122 shares. However, it doesn’t have any maximum amount for the share applications.
Brigade Hotel Ventures IPO Reservation
The shareholders will be allotted their shares according to the reservation of shares for each category. These categories and the reservation shares offered by them are mentioned below:
- The investors who are demanding the QIB shares will receive 75% of the shares from the company.
- Additionally, investors purchasing the retail shares will get a maximum of 10% of these shares from the company.
- Investors demanding the NII shares will receive a maximum of 15% of the shares from the company.
Conclusion
Therefore, we have discussed the share pricing process of this company in this article. However, to check category-wise investor reservations, shareholders can visit the company’s official website.
Brigade Hotel Ventures IPO GMP FAQs
1. How to apply in Brigade Hotel Ventures IPO through Zerodha?
Visit the Zerodha website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Brigade Hotel Ventures IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
2. Brigade Hotel Ventures IPO Open Date?
The Brigade Hotel Ventures IPO will open on July 24, 2025 & close on July 28, 2025.
