Brigade Hotel Ventures launched its IPO today. The IPO aims to raise ₹759.6 crore. The price band is ₹85–90 per share. The IPO will close on July 28. Listing is expected on July 31. The company plans to expand to 14 hotels by FY29. Brokerages have a mixed view on the IPO. High valuations are a concern.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets