Past performance
About Brigade Hotel Ventures Ltd Brigade Hotel Ventures Limited, established on August 24, 2016, in Bengaluru, Karnataka, specializes in owning, developing, and managing hotels with a focus on South India and select key cities across the country. Collaborating with globally renowned hospitality brands like Marriott, Accor, and InterContinental Hotels Group, the company operates hotels across varying categories, including upper upscale, upscale, upper midscale, and midscale segments. Its properties offer a broad range of amenities, including fine dining, specialty restaurants, meeting spaces, lounges, spas, swimming pools, and gyms, catering both to business and leisure travelers.
Strategically located properties provide easy accessibility to prominent business hubs, cultural landmarks, and global financial zones. For instance, the Grand Mercure Bangalore in Koramangala is near tech parks and entertainment venues, while the Grand Mercure Mysore allows visitors to explore the Mysore Palace and other cultural heritage sites. Additionally, its Hotel Grand Mercure Ahmedabad GIFT City is positioned in India's pioneering global financial hub, enhancing its appeal to corporate clientele.
Since launching its first hotel, Grand Mercure Mysore, in 2016, the company has steadily expanded its portfolio. Key additions include Holiday Inn Bengaluru Racecourse, Holiday Inn Chennai OMR IT Expressway, Four Points by Sheraton Kochi Infopark, and recent developments like ibis Styles Mysuru in 2024. These properties showcase a diverse range of hotel options that cater to various demographics and preferences, underscoring the company's commitment to growth in India's hospitality sector.
As of now, Brigade Hotel Ventures Limited is preparing to raise funds through an Initial Public Offering (IPO) totaling Rs. 900 crore, with plans for fresh equity shares issuance. The capital raised will likely support the company’s ambitions for further growth and expansion in India's vibrant hospitality industry, presenting an opportunity for potential investors and traders interested in aligning with its growth trajectory.
Performance overview