About Prestige Hospitality Ventures
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.
Prestige Hospitality Ventures IPO - Issue Objectives
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings and accrued interest thereon availed by the Company
- Material Subsidiaries, namely, Sai Chakra Hotels Private Limited and Northland Holding Company Private Limited, through investment in such subsidiaries
- Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Objectives
Live IPOs
National Stock Exchange of India
| Companies Name | Open - Close | Issue Size | Min. Qty | Issue Price | Apply |
|---|---|---|---|---|---|
National Stock Exchange of India Mainboard | 17th Sep 2026 - 21st Sep 2026 | 22561.57 Cr | 8 Shares | ₹ 1700.00 | |
Antala Industries SME | 29th Oct 2026 - 5th Nov 2026 | 22.98 Cr | 2000 Shares | ₹ 62.00 |
