Description
NSE announces listing of Brigade Hotel Ventures Limited equity shares effective July 31, 2025 with trading symbol BRIGHOTEL.
Summary
NSE announces the listing of Brigade Hotel Ventures Limited equity shares on the Capital Market segment effective July 31, 2025. The company’s shares will trade under symbol BRIGHOTEL with ISIN INE03NU01014, face value Rs. 10, and IPO price of Rs. 90 per share.
Key Points
- Trading symbol: BRIGHOTEL
- ISIN: INE03NU01014
- Face value: Rs. 10 per share
- IPO issue price: Rs. 90 per share
- Total securities: 379,842,565 equity shares
- Market lot size: 1 share
- Effective date: July 31, 2025
Regulatory Changes
No regulatory changes introduced. Standard IPO listing procedures applied as per existing NSE Capital Market Trading Regulations Part A.
Compliance Requirements
- Members must use designated security codes for trading
- Trading allowed only in specified lot sizes
- Security will participate in pre-open session for IPO category as per SEBI circulars CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012
Important Dates
- Effective listing date: July 31, 2025
- Lock-in periods vary by shareholder category:
- Promoter shares: Until July 30, 2026 and July 30, 2028
- Other categories: January 3, 2026 to October 26, 2025
Impact Assessment
Positive impact for investors seeking exposure to hospitality sector through new public listing. Creates additional trading opportunity in hotel/hospitality space. Limited broader market impact as single company listing.
Impact Justification
New IPO listing creates trading opportunity but limited to single company impact