Brigade Hotel Ventures gets SEBI nod for IPO
Brigade Hotel Ventures Limited, the second largest owner of chain-affiliated hotels and rooms in South India among major private hotel asset owners, has received the Securities and Exchange Board of India (SEBI) approval for its proposed initial public offering (IPO)
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Mumbai, Feb 04: Brigade Hotel Ventures Limited, the second largest owner of chain-affiliated hotels and rooms in South India among major private hotel asset owners, has received the Securities and Exchange Board of India (SEBI) approval for its proposed initial public offering (IPO).
The Company’s initial public offering comprises of a fresh issue of Equity Shares of face value of ₹10 each aggregating up to ₹900 Crores.
JM Financial Limited and ICICI Securities Limited are the Book Running Lead Managers to the issue.
