Ahmedabad: Brigade Hotel Ventures Limited, shall open its Bid/Issue in relation to its initial public offer of Equity Shares on  Thursday, July 24, 2025. The Anchor Investor Bidding Date is one working day prior to Bid/Issue Opening Date, being  Wednesday, July 23, 2025. The Bid/ Issue Closing Date is Monday, July 28, 2025, the company announced today.

As per the company, the total Issue size comprises of a fresh issue of equity shares of face value of ₹10 each aggregating up to ₹ 759.60 Crores.Price Band of the Issue is fixed at Rs. 85/- to Rs 90/- per equity share.

“The Issue includes a reservation of Equity Shares, aggregating up to ₹ 75.96 million for subscription by Eligible Employees (the “Employee Reservation Portion”). A discount of Rs. 3/- per Equity Share is being offered to Eligible Employees bidding in the Employee Reservation Portion (“Employee Reservation Portion Discount”). The Issue also includes a reservation of Equity Shares aggregating up to ₹ 303.84 million, available for allocation to BEL Shareholders, on a proportionate basis (“BEL Shareholders Reservation Portion”). The Issue less the Employee Reservation Portion and the BEL Shareholders Reservation Portion is hereinafter referred to as the “Net Issue”, the press release said.

JM Financial Limited and ICICI Securities Limited are the Book Running Lead Managers to the issue.