Brigade Hotel Ventures ₹760 Cr IPO opens at ₹85–90 price band; anchor investors pump in ₹325 Cr. Proceeds to fund debt repayment, land purchase, and expansion.

Brigade Hotel Ventures raises Rs 325 crore from anchor investors ahead of its IPO, opening July 24th. The IPO is valued at over Rs 3,400 crore.

Brigade Hotel Ventures Ltd, owner and developer of hotels in south India, on Wednesday raised Rs 325 crore from anchor investors, a day before its initial share-sale opening for public subscription.

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