Brigade Enterprises Limited announced that its subsidiary, Brigade Hotel Ventures Limited (BHVL )’s Initial Public Offering (IPO) has been fixed at ₹ 85 to ₹ 90 per equity share. The minimum bid lot 166 equity share for the IPO is prescribed, after which the application of 166 shares is allowed to apply. The IPO includes reservation for eligible employees and shareholders of Brigade Enterprises Limited.
The IPO of Brigade Hotel Ventures Limited includes reservation for eligible employees and shareholders of Brigade Enterprises Limited. BHVL, in consultation with the book running lead managers, under the necessary approval, the employee can give a discount on the issue of the bidding employees in the reservation part.
Red Herring Prospectus (RHP) has been admitted to the company Registrar, Karnataka on July 18, 2025 in Bengaluru. RHP SEBI, Lead Managers (JM Financial Limited and ICICI Securities Limited) and BSE Limited and National Stock Exchange of India Limited are available on websites.