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Prestige's hotels unit plans to launch its IPO in October
Mint Hyderabad
|September 12, 2025
The IPO includes a ₹1,700 crore fresh issue and a ₹1,000 crore OFS by parent Prestige Estates Projects
Prestige Hospitality Ventures Ltd plans to launch its ₹2,700 crore maiden public offer in October, according to two people familiar with the matter, as it joins the league of hotel chains going public during a travel boom.
Prestige Hospitality's initial public offering (IPO) will be the third public listing in the hospitality sector this year after Brookfield-backed Schloss Bangalore Ltd, the operator of 'The Leela' brand; and Brigade Hotel Ventures Ltd raised ₹3,500 crore and ₹746 crore, respectively.
The Securities and Exchange Board of India (Sebi) approved Prestige Hospitality's offer in August.
Bu hikaye Mint Hyderabad dergisinin September 12, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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