Prestige Hospitality Ventures

Prestige Hospitality Ventures

BSE, NSE

₹ NaN / N/A Shares

Offer Date:TBA - TBA
Share

IPO Details

Prestige Hospitality Ventures IPO is priced between ₹N/A per equity share, with a face value of ₹5 per share. The company's equity shares will be listed on the BSE, NSE, and Kfin Technologies Ltd is managing the issue as the registrar.

The IPO bidding period opened on N/A, and closed on N/A. The allotment results will be announced on N/A, with a tentative listing date set for N/A.

The total issue comprises , amounting to .

Prestige Hospitality Ventures IPO Highlights

IPO DateListing DateFace ValuePrice BandLot SizeFresh IssueOffer for SaleListing At
TBA - TBAInvalid Date₹5 Per Equity Share₹N/A per equity share- Shares -BSE, NSE

Prestige Hospitality Ventures IPO Timeline

•
IPO Open Date
N/A
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IPO Close Date
N/A
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Basis of Allotment
N/A
•
Listing Date
N/A

Issue Price

₹N/A per equity share

Face Value

₹5 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Ltd

Market Lot

Lead Manager

JM Financial LtdCLSA India Pvt.Ltd.JP Morgan India Pvt.Ltd.Kotak Mahindra Capital Co.Ltd.

Issue Size

Retail Portion

Subscription

IPO Docs

No IPO Docs available

Prestige Hospitality Ventures IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Dec-243822.241012.9367.7978.90-1752.80
31-Mar-243729.881024.64161.7879.63-1752.80
31-Mar-233330.171049.26156.2081.92-1818.29
31-Mar-223114.38320.8686.1682.34-1733.35

In Cr.

Prestige Hospitality Ventures IPO Valuations

EPS PRE IPO

₹/-

EPS POST IPO

₹/-

PE PRE IPO

-

PE POST IPO

-

ROE

-

ROCE

-

DEBT EQUITY

-

RONW

-

PAT MARGIN

-

PRICE TO BOOK VALUE

-

About Company

Prestige Hotel Ventures is a luxury, upper upscale, and upper midscale hotel asset owner and developer company with business and leisure traveler segments in India. It is promoted by the Prestige Group and is backed by Prestige Estates Projects Limited (PEPL), a 38-year-old experienced real estate developer with a market capitalization of ₹729.66 billion as on December 31, 2024.

PEPL has a presence in residential, commercial, hospitality, and retail segments. PEPL's portfolio consists of Operating, Ongoing, and Upcoming Hospitality Assets. The portfolio as of December 31, 2024, consists of:
Seven Operating Assets with 1,445 keys (including one undergoing renovation with 190 keys)
Three Ongoing Assets with 951 anticipated keys
Nine Upcoming Assets with 1,558 anticipated keys.

The hotels owned by the company are situated in key Indian cities such as Bengaluru, Delhi-NCR, Mumbai, Goa, Hyderabad, and Chennai.
As of December 2024, the business had 1,638 permanent staff.

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Prestige Hospitality Ventures IPO - Issue Objectives

  1. Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by the Company
  2. Material Subsidiaries, namely, Sai Chakra Hotels Private Limited and Northland Holding Company Private Limited, through investment in such subsidiaries
  3. Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Company Contact Details

Prestige Hospitality Ventures

Prestige Falcon Tower, No.19, Brunton Road, Bangalore Urban, Karnataka, 560025

Phone: +91 80 25591080

Email: investors.phvl@prestigeconstructions.com

Website: https://www.prestigehospitalityventures.com/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: prestige.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/