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Prestige Hospitality Ventures Limited IPO

Prestige Hospitality Ventures Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
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Prestige Hospitality Ventures Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of TBD. The offering comprises a fresh issue component of TBD, alongside an Offer for Sale (OFS) component of ₹1000.00 Cr from existing shareholders.

The price band for the IPO has been set at TBD, providing investors with a range to place their bids. The minimum investment lot consists of TBD, making it accessible to both retail and institutional investors.

The subscription window for this public offering opens on TBD and will conclude on TBD. Following the subscription period, the share allotment is scheduled for TBD, with the official listing expected to commence on TBD on the NSE, BSE exchange.

Prestige Hospitality IPO Details
Prestige Hospitality IPO Key Performance Indicator
Company Financials ( In Crores )

Prestige Hospitality IPO About Company

Prestige Hotel Ventures is a hotel asset owner and developer focused on luxury, upper upscale, and upper midscale hospitality segments catering to both business and leisure travelers across India, and is promoted by the Prestige Group with backing from Prestige Estates Projects Limited (PEPL), a well-established real estate developer with 38 years of experience and a market capitalization of ₹729.66 billion as of December 31, 2024. PEPL has a diversified presence across residential, commercial, hospitality, and retail segments, with a hospitality portfolio comprising operating, ongoing, and upcoming assets. As of December 31, 2024, the portfolio includes seven operating hotels with 1,445 keys (including one under renovation with 190 keys), three ongoing projects with 951 expected keys, and nine upcoming projects with 1,558 anticipated keys, located in major cities such as Bengaluru, Delhi-NCR, Mumbai, Goa, Hyderabad, and Chennai. As of December 2024, the company employed 1,638 permanent staff.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


The expected premium is based on market buzz and online information. It should not be considered as the actual listing price or valuation. Always refer to the RHP and seek advice from a financial expert before making any investment decisions.

Prestige Hospitality IPO Strength Factors

  1. Strong Brand: Part of the well-known Prestige Group, which has credibility in real estate and hospitality.
  2. Premium Properties: Owns and manages high-end hotels in major Indian cities.
  3. Global Brand Tie-ups: Partners with international hotel brands to attract business and leisure travellers.
  4. Revenue Growth: Shows steady growth in hotel income over the past few years.
  5. Planned Use of IPO Funds: Money raised from IPO will help reduce debt and fund new projects.
  6. Development Pipeline: Has ongoing and upcoming hotel projects to increase future capacity.

Prestige Hospitality IPO Risk Factors

  1. Capital-Intensive: Hotels require large investments in construction, maintenance, and renovations.
  2. Profit Fluctuations: Earnings can vary due to operating costs and economic cycles.
  3. Dependence on Hospitality: Revenue is mostly from hotels, making it vulnerable to travel or tourism slowdowns.
  4. Competitive Market: Faces competition from both domestic and international hotel chains.
  5. City Concentration: A large portion of hotels is in key urban centers, which can be affected by local market changes.

Prestige Hospitality IPO Lead Manager(s)

  • Jm Financial Limited
  • Clsa India Private Limited
  • J.P. Morgan India Private Limited
  • Kotak Mahindra Capital Company

Prestige Hospitality IPO Promoter(s)

  1. Prestige Estates Projects Limited

Prestige Hospitality IPO Company Details

Prestige Hospitality Ventures Limited
Phone:
address:

Prestige Hospitality IPO Registrar

Kfin Technologies Limited
Name:
Phone:

Prestige Hospitality IPO FAQs