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Brigade Hotel Ventures Limited - Initial public offering

  • 31-Jul-2025

Khaitan & Co advised JM Financial Ltd and ICICI Securities Ltd, the book running lead managers in relation to initial public offering of equity shares aggregating to ₹7,596.00 million by Brigade Hotel Ventures Ltd. As per news reports, the IPO was oversubscribed by 4.48 times, with the retail investors’ portion being oversubscribed by 6.4 times, the QIB portion being oversubscribed by 5.42 times, the NII portion being oversubscribed by 1.92 times and the employee reservation portion being oversubscribed by 0.94 times. 

Deal Team

Brigade Hotel Ventures

The deal team comprised of Thomas George (Partner) Suman Prabhu (Partner), Tharun Vadlapatla (Associate), Aadhya Singh (Associate) Varun Nair (Associate) Anand Sivasankaran (Associate) and Anveeksha Anand (Associate).

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