Brigade Hotel Ventures IPO

Issue:₹90

List:₹103.23

CMP:₹61.3

NSELot: 166Mainboard

LISTEDMAINBOARD

Issue Price₹90

Listing₹103.23

Current₹61.3

Price Band

₹85 - ₹90

Lot Size

166

Issue Size

₹759.6 Cr

GMP

₹0

Subscription

0.67x

Content

IPO Schedule

Open

24 Jul

28 Jul

Allotment

Listing

31 Jul

About Brigade Hotel Ventures

Brigade Hotel Ventures is a hospitality company focused on developing and managing hotels and resorts across various segments. They operate properties under well-known international and domestic brands, catering to diverse customer needs from luxury to budget accommodations.

Subscription Status

QIB

0.08x

NII

0.45x

Retail

2.66x

Category	Day 3	Day 2	Day 1
QIB	5.74x	0.09x	0.08x
NII	2.03x	1.03x	0.45x
Retail	6.83x	4.96x	2.66x
Total	4.76x	1.27x	0.67x

Risk Factors

•High dependence on economic conditions and fluctuations in the tourism industry.

•Intense competition from existing and new hotel chains.

•Potential for cost overruns and delays in project development.

•Regulatory changes and compliance requirements affecting the hospitality sector.