CAM advised Brigade Hotel Ventures Limited (“the “Company”) as their domestic legal counsel, on its initial public offering of 84,429,103 equity shares of face value Rs. 10 each (“Equity Share”) of the Company aggregating to Rs. 7,596.00 million (the “Issue”). The Company is an owner and developer of hotels in key cities in India, primarily across South India, with such hotels being operated by global marquee hospitality companies.
The Issue opened on July 24, 2025 and closed on July 28, 2025. The Equity Shares were listed on the stock exchanges on July 31, 2025. The book running lead managers to the Issue were JM Financial Limited and ICICI Securities Limited.
The transaction team advising the Company included Reuben Chacko, (Partner, (Regional Co-Head – Capital Markets — South)); with support from Anjali Menon, (Principal Associate), Anjini Ganguly, (Associate), Arikta Shetty (Associate), Tejaswi Sade, (Associate), and Zubin Ronnie, (Associate).
Rutu Gandhi, (Partner); with support from Pratiksha Arekar, (Senior Associate); advised on security regulatory aspects of the transaction.
Abhilash Pillai, (Partner); with support from Kripa Sankari, (Principal Associate); Pavithra Rao, (Senior Associate); and Shivani Subbaiah, (Associate); advised on real estate aspects of the transaction.
Pooranimaa Hariharan, (Partner); with support from Nimrah Rasheed, (Associate) and Prashastha Cormaty, (Associate); advised on general corporate aspects of the transaction.
