Upcoming IPO, Feb. 4 -- Brigade Hotel Ventures Limited, which ranks as the second largest owner of chain-affiliated hotels and rooms in South India among significant private hotel asset holders, has obtained approval from the Securities and Exchange Board of India (SEBI) for its planned initial public offering.

Brigade Hotel Ventures is a prominent player in the hospitality sector, focusing on the development and ownership of hotels in key cities throughout South India. As a wholly-owned subsidiary of Brigade Enterprises Limited, one of India's leading real estate developers, Brigade Hotel Ventures boasts a strong reputation for delivering exceptional hospitality experiences across various segments.

Over the years, the company has succe...