In early 2025, Prestige Hospitality Ventures Ltd—backed by Prestige Estates Projects Ltd—filed draft papers with SEBI to raise ₹2,700 crore via its first public share sale. This Prestige Hospitality IPO includes a fresh issue of ₹1,700 Crore and an offer for sale of ₹1,000 Crore by the prestige group owner. The arm may also do a pre IPO placement of up to ₹340 crore, trimming the fresh issue if taken.
Prestige Hospitality Ventures follows an asset heavy model in luxury, upper upscale, and upper midscale segments. It operates seven hotels with 1,445 keys and has marquee brand deals with Marriott and Hilton. The prestige group management team includes JM Financial, CLSA India, JP Morgan India, and Kotak Mahindra Capital as lead managers.
The company's revenue from hospitality services jumped to ₹795.7 crore in FY24 from ₹636.2 crore in FY23—a 103.73% CAGR since FY22. Its strong EBITDA margin and rising net profit reflect healthy growth ahead of its IPO.
For investors tracking prestige hospitality ventures or Prestige Group Hotels Bangalore, this IPO offers exposure to a fast growing hotel portfolio. With clear legal backing, strong brand ties, and a solid growth plan, the Prestige Hospitality Shares could be a smart bet in 2025.
Keywords: prestige hospitality ventures, prestige group hotels Bangalore, prestige hospitality ipo, prestige group owner, prestige group management team, Prestige Group's Hospitality Arm To Launch IPO, Aims To Raise ₹2,700 Crore in 2025, Prestige Group's Hospitality in 2025, Prestige Group's Hospitality Shares.
Prestige Group Prelaunch Project is Prestige Southern Star
Enquiry |