Brigade Hotel IPO Fully Subscribed

  Published 10 months ago

Brigade Hotel Ventures’ ₹7.6 billion IPO fully subscribed on Day 2, as investor interest in India’s hospitality sector stays strong.

  • IPO targets $397M valuation; listing set for July 31 amid a surge in business and leisure travel demand.
  • The firm operates nine hotels across five cities, partnering with global brands like Marriott, Accor, and IHG.
  • Trimmed IPO follows partial debt repayment and pre-IPO fundraising; reflects confidence in luxury hospitality growth.

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