Web Trading Login
Report Dashboard
Home
Products & Services
Trading Platforms
Merchant Banking
RTA Services
RTA Services
Investor Portal
ISIN Enquiry
About Us
Partner With Us
Contact Us
LOGIN
Web Trading Login
Report Dashboard
OPEN AN ACCOUNT
Home
Products & Services
Equity
Fixed Income
Derivatives
Commodities
Mutual Fund
Insurance
Trading Platforms
Merchant Banking
RTA Services
RTA Services
Investor Portal
ISIN Enquiry
About Us
Partner With Us
Contact Us
Indian Indices
Nifty
24,768.35
-86.70
(-0.35%)
Sensex
81,100.82
-84.76
( -0.10%)
Bank Nifty
55,961.95
-188.75
( -0.34%)
Nifty IT
35,301.65
-180.05
( -0.51%)
Global Indices
Nasdaq
44,167.41
-314.88
(-0.71%)
Dow Jones
6,364.11
-19.79
(-0.31%)
Hang Seng
41,114.76
460.06
(1.13%)
Nikkei 225
9,132.81
-4.13
(-0.05%)
Forex
USD-INR
87.43
0.51
(0.59%)
EUR-INR
100.57
0.11
(0.10%)
GBP-INR
116.43
0.45
(0.39%)
JPY-INR
0.59
0.00
(0.53%)
IPO Synopsis
IPO
Equities
Derivative
Commodity
Mutual Fund
Insurance
IPO Issues
Forthcoming IPOs
Open IPOs
Closed IPOs
New Listing
Draft Prospectus
Basis Of Allotment
New Issue Monitor
Best Performers
Know IPO/FAQ'S
IPO
Equity
Derivative
Commodity
Mutual Fund
Insurance
--select--
Forthcoming IPOs
Open IPOs
Closed IPOs
New Listing
Basis of Allotment
Draft Prospectus
New Issue Monitor
Best Performers
Know IPO/FAQ'S
YOU ARE HERE :
HOME
IPO Synopsis
IPO
--select--
Forthcoming IPOs
Open IPOs
Closed IPOs
New Listing
Basis of Allotment
Draft Prospectus
New Issue Monitor
Best Performers
Know IPO/FAQ'S
CLICK HERE TO BID FOR IPOs ONLINE
Back
Brigade Hotel Ventures Ltd
Registered Office:
29 & 30 Flr WTC Brigade Gatewa,26/1 Dr Rajkumar Rd Malleswarm, Bangalore - 560055, Karnataka, India. Phone : +91 80 4137 9200 Fax:
Email :
investors@bhvl.in
Website :
https://bhvl.in
Initial public offer of 84,429,103 equity shares* of face value of Rs.10 each ("Equity Shares") of Brigade Hotel Vntures Limited ("Company" or "Issue") for cash at a price of Rs. 90.00 per equity share (including a share premium of Rs.80.00 per equity share) ("Issue Price") aggregating to Rs. 759.60 crores*^ (the "Issue") comprising a fresh issue of 84,429,103 equity shares aggregating to Rs. 759.60 crores*^ (the "Fresh issue"). This issue included a reservation of 873,103 equity shares* of face value of Rs.10 each (constituting 0.23% of the post issue paid up equity share capital of the company) aggregating to Rs.7.60 crores*^ for subscription by eligible employees (the "Employee Reservation Portion") and a reservation of 3,376,000 equity shares of face value of Rs.10 each (constituting 0.89% of the post issue paid up equity share capital of the company) aggregating to Rs.30.38 crores*, for subscription by bel shareholders (as defined hereinafter) (the "bel shareholders reservation portion"). The company, in consultation with the brlms, offered a discount of 3.33% of the issue price, i.e., Rs. 3, to eligible employees bidding in the employee reservation portion ("Employee Discount"). The issue less the employee reservation portion and the bel shareholders reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue constituted 22.23% and 21.11% of its post-issue paid-up equity share capital, respectively. A pre-ipo placement of equity shares was undertaken by the company, in consultation with the book running lead managers, as permitted under applicable law, aggregating to Rs.126.00 crores ("pre-ipo placement"). The pre-ipo placement was at a price decided by the company, in consultation with the book running lead managers and was completed prior to filing of the red herring prospectus with the roc. The amount raised pursuant to the pre-ipo placement was reduced from the issue, subject to compliance with rule 19(2)(b) of the scrr and the revised issue size aggregated to Rs. 759.60 crores. The pre-ipo placement did not exceed 20% of the size of the issue. The company had appropriately intimated the subscribers to the pre-ipo placement, prior to the allotment pursuant to the pre-ipo placement, that there was no guarantee that the company may proceed with the issue or the issue may be successful and will result into listing of the equity shares on the stock exchanges. further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement was appropriately made in the relevant sections of the red herring prospectus and has been made in the relevant sections of this prospectus. The face value of equity shares is Rs.10 each. The issue price is 9 times the face value of the equity shares. * Subject to finalisation of basis of allotment ^A discount of Rs. 3 per equity share was offered to eligible employees bidding in the eligible employee reservation portion.
Issue
Opens On
Closes On
24-Jul-25
28-Jul-25
Money Payable On
Application
Allotment
90.00
0.00
Minimum Application for shares in Nos : 166 Further Multiples of : 166
Cr
Lead Managers to the Issue
Project Cost (
.Cr)
706.52
ICICI Securities Ltd
Project Financed through Current Offer (
.Cr)
759.60
Post Issue Equity Share Capital (
.Cr)
379.83
Issue Price (
)
90.00
Projects
Repayment/prepayment in full or in part of certain outstanding borrowings availed by the company
Material subsidiary namely SRP Prosperia Hotel Ventures Ltd
Payment consideration for buying of undivided share of land from its properties BEL
General corporate purposes
Promoted By
Brigade Enterprises Ltd
Listing At
BSE
NSE
Registrar to the Issue
No Data Available
×
Filing complaints on SCORES – Easy & quick
a.
Register on SCORES portal
b.
Mandatory details for filing complaints on SCORES :
i. Name, PAN, Address, Mobile Number, Email ID
c.
Benefits :
i. Effective communication
ii. Speedy redressal of the grievances
Website :
https://scores.gov.in/scores/Welcome.html