Mumbai, July 29 -- The initial public offer of Brigade Hotel Ventures received bids for 22,95,14,588 shares as against 5,11,93,987 shares on offer. The issue was subscribed 4.48 times.

The Non-Institutional Investors (NIIs) category was subscribed 6.40 times. The Qualified Institutional Buyers (QIBs) category was subscribed 5.42 times. The Retail Individual Investors (RIIs) category was subscribed 1.92 times.

The issue opened for bidding on 24 July 2025 and it closed on 28 July 2025. The price band of the IPO is fixed between Rs 85 and 90 per share.

The IPO comprised a fresh issue of Rs 759.6 crore. Of the proceeds, Rs 468.14 crore will be used for repayment, prepayment, or redemption (in full or in part) of certain borrowings availed ...