BRIGADE HOTEL VENTURE LTD Share Price

Brigade Hotel Ventures Limited was incorporated on August 24, 2016 at Bengaluru, Karnataka vide Certificate of Incorporation granted by the Deputy Registrar of Companies, Central Registration Centre. The Company is the secondlargest owner of chainaffiliated hotels and hotel rooms in South India among major private hotel asset owners in key cities primarily across South India. The Company is carrying on the hospitality business including running and managing hotels. These hotels provide a comprehensive fine dining and specialty restaurants, venues for meetings, incentives, conferences, and exhibitions, lounges, swimming pools, outdoor spaces, spas, and gymnasiums.The Company along with its subsidiary has a total of 9 operating hotels located in Bengaluru, Mysuru, Chennai, Kochi and GIFT City and has a total of 1604 keys which are operational as on March 31, 2026. The Hotel Grand Mercure Bangalore is located in the heart of Bengalurus Koramangala region, providing accessibility to key business hubs, prominent tech parks and a variety of dining and entertainment options while the Hotel Grand Mercure Mysore is located to iconic landmarks such as Mysore Palace, allowing customers to experience cultural heritage. In addition, Hotel Grand Mercure Ahmedabad GIFT City is located within GIFT City (Gujarat) which is one of the Indias pioneering global financial hub. In April 2016, the Company launched operations at first leisure hotel with 146 rooms at Grand Mercure Mysore in Mysuru, Karnataka. In October 2017, it commenced operations at Holiday Inn Bengaluru Racecourse with 272 rooms in Karnataka and thereafter, launched operations at Holiday Inn Chennai OMR IT Expressway with 202 rooms in Chennai, Tamil Nadu. In December 2018, it launched Four Points by Sheraton Kochi Infopark in Kochi, Kerala with 218 rooms launched Grand Mercure Ahmedabad GIFT City operations with 151 rooms in GIFT City, Gujarat in December, 2019 commenced operations at Holiday Inn Express Suites Bengaluru OMR with 129 rooms in Bengaluru, Karnataka in August, 2020 and has made operational the ibis Styles Mysuru Hotel with 130 keys at Mysuru, Karnataka in 2024. On July 28, 2025 Company launched the IPO by making a fresh issue of 84,429,103 equity shares of face value Rs 10 each and raised funds of Rs 759.6 crores.