Prestige Hospitality Ventures Filed DRHP for Rs 2700 crore

  • 12-May-2025
  • 2 mins read
Prestige Hospitality Ventures IPO GMP - Bigul

Prestige Hospitality Ventures Filed DRHP for Rs 2700 crore

Prestige Hospitality Ventures GMP quotation has not yet started as the IPO opening date has not yet been announced. The price band of this IPO will be available once SEBI approves the DRHP filed by the company.

Prestige Hospitality Ventures IPO open date is expected in September 2025. This new IPO is a book-built issue worth up to Rs 1700 crore shares as a fresh issue and up to 1000 crore as an offer for sale. This upcoming IPO is a combination of a fresh issue and an offer for sale.

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Prestige Hospitality Ventures IPO GMP

The Prestige Hospitality Ventures IPO GMP quotation has not yet been started. You can check the latest GMP price online and the reliable GMP from the first day of your subscription. If the subscription gets oversubscribed, then Prestige Hospitality Ventures IPO GMP may rise. 

Prestige Hospitality Ventures IPO Open Date, Close Date

Prestige Hospitality Ventures IPO open date and IPO close date are expected to be in September 2025. However, as of now, the open and close date has not yet been finalised. 

Prestige Hospitality Ventures IPO Price Band

Prestige Hospitality Ventures IPO price band will be available once the SEBI approves the DRHP filed by the company. However, the minimum amount of investment for the retail category is to be under Rs 15,000 and for small HNI minimum investment is to be around Rs 2,10,000. 

Prestige Hospitality Ventures IPO Issue Size

Prestige Hospitality Ventures IPO issue size is worth up to Rs 1700 Crore as a fresh issue and Rs 1000 crore as an offer for sale. The IPO offers a combination of a fresh issue and an offer for sale, aggregating a total issue size of 2700 crore. 

Prestige Hospitality Ventures IPO Allotment Status

Prestige Hospitality Ventures IPO allotment status is expected to be available in September 2025. The Listing will be on the BSE and NSE platforms. The registrar of this IPO is KFin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends. 

Prestige Hospitality Ventures IPO Listing Date

Prestige Hospitality Ventures IPO's listing date is expected to be in September 2025. The Listing will be on the BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.

Prestige Hospitality Ventures IPO: Listing Date, Lot Size, Price Band

IPO Open Date

September 2025 (Expected)

Listing Date

September 2025 (Expected)

Face Value

Rs 5 per share

Price Band

Yet to be Announced

Lot Size

Yet to be Announced

Total Issue Size

[-] shares
(Amounting up to Rs 2700 Cr)

Fresh Issue

[-] shares
(Amounting up to Rs 1700 Cr)

Offer for Sale

[-] shares
(Amounting up to 1000 Cr)

Issue Type

Book Built Issue IPO

Listing At

BSE, NSE

Prestige Hospitality Ventures Limited: About the Company

Logo

Prestige Hospitality Ventures Limited (PHVL), established in 2017, is the hospitality division of the respected Prestige Group, headquartered in Bangalore, India. PHVL specialises in developing and managing a diverse range of properties, including luxury hotels, business hotels, serviced residences, and golf resorts.  

With a presence in major cities such as Bengaluru, Delhi-NCR, Mumbai, Goa, Hyderabad, and Chennai, the company is dedicated to delivering exceptional guest experiences and setting new standards in hospitality.  

PHVL collaborates with leading international hotel brands to ensure world-class service and innovative amenities across its portfolio. The company's commitment to quality, sustainability, and customer satisfaction has driven its steady growth and strong reputation in the Indian hospitality industry. As PHVL continues to expand its footprint, it remains focused on redefining hospitality through thoughtful design, personalised service, and a passion for excellence. 

Prestige Hospitality Ventures IPO Objectives

Prestige Hospitality Ventures's IPO objective is funding received from the fresh issue towards repayment or prepayment, in full or in part, of certain outstanding borrowings and accrued interest availed by the company and its material subsidiaries, namely Sai Chakra Hotels Private Limited and Northland Holding Company Private Limited, through investments in such subsidiaries. Additionally, the proceeds will be used to pursue inorganic growth through unidentified acquisitions and other strategic initiatives, and the rest of the fund will be used for general corporate purposes.

Prestige Hospitality Ventures IPO: Key Dates, Allotment, Listing Date

IPO Open Date

September 2025 (Expected)

IPO Close Date

September 2025 (Expected)

Basis of Allotment

Yet to be announced

Initiation of Refunds

Yet to be announced

Credit of Shares to Demat

Yet to be announced

Listing Date

September 2025 (Expected)

Cut-off time for UPI mandate

Yet to be announced

Prestige Hospitality Ventures IPO Promoter Holdings

Prestige Hospitality Ventures IPO promoter is Prestige Estates Projects Limited. The promoters' shareholdings before the IPO were 100%; however, after the IPO, shareholdings will decline.

Prestige Hospitality Ventures IPO: Company Financials

Period Ended

31-Dec-24

31-Mar-24

31-Mar-23

Assets

3,822.24

3,729.88

3,330.17

Revenue

995.61

992.90

1,040.88

Profit After Tax

67.79

161.78

156.20

Total Borrowing

2,037.08

1,752.80

1,818.29

Prestige Hospitality Ventures IPO Registrar

Prestige Hospitality Ventures IPO registrar is KFin Technologies Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status.

How to apply Prestige Hospitality Ventures IPO

Interested investors can apply to the Prestige Hospitality Ventures IPO directly from the Bigul trading app. You can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Prestige Hospitality Ventures IPO FAQ

1. What are the details of the Prestige Hospitality Ventures IPO?

Prestige Hospitality Ventures IPO is a book-built issue worth up to Rs 2700 Crore as a fresh issue and 1000 crore as an offer for sale. This upcoming IPO is offering a combination of fresh issues and an offer for sale.

2. What is the Prestige Hospitality Ventures IPO open date and closing date?

Prestige Hospitality Ventures IPO's open date and close date are expected to be in September 2025. However, Prestige Hospitality Ventures IPO's open date and close date have not yet been finalised.

3. What is Prestige Hospitality Ventures IPO GMP?

The Prestige Hospitality Ventures IPO GMP quotation has not yet started. You can check the latest GMP price online and the reliable GMP from the first day of your subscription. If the subscription gets oversubscribed, then Prestige Hospitality Ventures IPO GMP may rise.

4. Write the details of the IPO Allotment Status.

Prestige Hospitality Ventures IPO allotment status date is expected to be in September 2025. The Listing will be on the BSE and NSE platforms. The registrar of this IPO is KFin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

5. Who are the registrar and lead managers for the Prestige Hospitality Ventures IPO?

Prestige Hospitality Ventures IPO registrar is KFin Technologies Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status. The lead manager of Prestige Hospitality Ventures IPO is JM Financial Limited, J.P. Morgan India Private Limited, Kotak Mahindra Capital Company Limited, CLSA India Private Limited.

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