The Brigade Hotel Ventures IPO, a ₹759.6 crore fresh issue from the hospitality arm of Brigade Enterprises, closed for subscription on July 28, 2025, after witnessing robust demand.As investors eagerly await the share allocation, the allotment is expected to be finalized today, July 29, 2025.
This article breaks down everything you need to know about the IPO allotment status, including what it means, how to check it, the latest grey market premium (GMP), subscription details, and more. With the listing slated for July 31, 2025, on BSE and NSE, here’s a comprehensive overview to help you navigate the post-IPO process.
What Does IPO Allotment Status Mean?
When an IPO bidding window closes, the registrar processes applications to determine share allocation based on the basis of allotment. This involves prorating shares among oversubscribed categories like retail, non-institutional investors (NII), and qualified institutional buyers (QIB). Your allotment status will reflect “Allotted” if you receive shares or “Not Allotted” if you don’t. Until finalization, portals often display “No records found” or “Pending.” For non-allottees, blocked funds via UPI or ASBA are released, typically within 1-2 working days, making them available again.
In the case of Brigade Hotel Ventures IPO, the allotment finalization is targeted for today, July 29, 2025, with demat credits expected on July 30, 2025, ahead of the listing.
Brigade Hotel Ventures IPO: Quick Snapshot
Brigade Hotel Ventures, a subsidiary of real estate giant Brigade Enterprises, offered shares in the price band of ₹85 to ₹90 per equity share, with a lot size of 166 shares. This translates to a minimum investment of ₹14,940 per lot at the upper band. The IPO was a 100% fresh issue aggregating ₹759.6 crore, aimed at debt repayment, land acquisition, and strategic growth.
The issue saw strong investor interest, closing with an overall subscription of approximately 4.76 times. Category-wise breakup includes:
- Retail: 6.83 times
- QIB: Around 5.42 times (based on initial reports, with final figures confirming strong demand)
- NII: 1.92 times
- Shareholders: 3.28 times
- Employees: 0.94 times
The registrar is KFin Technologies, and the shares are set to list on BSE and NSE on July 31, 2025.
Allotment Timeline for Brigade Hotel Ventures IPO
The IPO followed a standard post-closure timeline:
- Bidding closed: July 28, 2025
- Allotment finalization: July 29, 2025 (today)
- Refund initiation and UPI mandate release: Starting July 29, 2025
- Demat credit: July 30, 2025
- Listing: July 31, 2025
As of this morning, the allotment status is not yet live on the registrar’s portal, showing insufficient content or loading issues, which is typical before finalization. Investors should check later today for updates.
Brigade Hotel Ventures IPO GMP Today: What It Signals
The grey market premium (GMP) for Brigade Hotel Ventures IPO on July 29, 2025, stands at around ₹1.5, indicating a modest premium of about 1.67% over the upper price band of ₹90. This suggests a potential listing price near ₹91.5, implying a flat to negligible pop.
Over the past few days, GMP has been volatile and soft, ranging from ₹0 to ₹1.5 (0% to 1.67%), down from higher pre-open levels of up to ₹19 earlier in the subscription period. This fade reflects real demand data overtaking initial hype, amid muted market sentiments. Remember, GMP is an unregulated, informal indicator and should not be the sole basis for investment decisions. Current reads signal no big listing gains, aligning with broader market caution.
How to Check Brigade Hotel Ventures IPO Allotment Status
Once finalized, you can verify your allotment status on the registrar’s portal or BSE website. As of now, the status is pending, but expect updates soon.
On KFin Technologies Portal
- Visit https://ris.kfintech.com/ipostatus/
- Select “Brigade Hotel Ventures IPO” from the dropdown.
- Enter your PAN, application number, or DP-Client ID.
- Submit to view the status.
If the page shows a loader or no records, it means processing is ongoing.
On BSE Website
- Go to the BSE IPO allotment page.
- Choose “Equity” as Issue Type.
- Select “Brigade Hotel Ventures IPO.”
- Enter your application number and PAN.
- Submit for details.bseindia.com
What You’ll See in Your Allotment Status
- Allotted: Shares (or prorated amount) will be credited to your demat account by July 30, 2025.
- Not Allotted: Funds will be unblocked soon, usually within 1-2 days.
Real-time buzz on X indicates anticipation for allotment today, with users sharing chances and updates.@tradewithfocus+2 more
Odds of Allotment for One Retail Lot
Based on final subscription data, the retail portion was reserved for about 8.02 million shares (roughly 48,300 lots). Demand reached approximately 54.78 million shares (around 330,000 lots), leading to a 6.83 times oversubscription. This gives a rough success probability of 14.6% for a single retail lot application. Note: This is an approximation; actual allotment follows SEBI’s proportional basis rules.@ipowiz
Key Numbers at a Glance
| Metric | Details |
|---|---|
| Price Band | ₹85 – ₹90 per share |
| Lot Size | 166 shares (₹14,940 at upper band) |
| Issue Size | ₹759.6 crore (100% fresh issue) |
| Overall Subscription | 4.76 times |
| Retail Subscription | 6.83 times |
| Allotment Date | July 29, 2025 |
| Demat Credit | July 30, 2025 |
| Listing Date | July 31, 2025 (BSE & NSE) |
| Latest GMP | ₹1.5 (≈1.67% premium) |
The IPO’s performance reflects solid interest in the hospitality sector, but soft GMP tempers listing expectations. Stay tuned for live allotment results.
FAQ
- What “IPO allotment status” actually means
When an IPO closes, the registrar finalizes who gets shares and who does not. Your status will show as Allotted or Not Allotted once the basis of allotment is approved. Until then, you will usually see “No records found” or “Pending” on the registrar’s site. If you are not allotted, your UPI block or ASBA lien is released and funds become usable again, typically within 1 to 2 working days after finalization. - When will Brigade Hotel Ventures IPO allotment be finalized?
The allotment is expected today, July 29, 2025. - What if I don’t get allotted shares?
Your blocked funds will be released within 1-2 working days, and you can reapply them elsewhere. - Is the GMP a reliable indicator for listing gains?
No, GMP is unofficial and volatile; it signals market sentiment but doesn’t guarantee outcomes. - Where can I get real-time updates on allotment?
Check the KFin Technologies or BSE portals, or follow financial news sites for announcements.
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