Brigade Hotel Ventures IPO vs Saatvik Green Energy IPO

Comparison between Brigade Hotel Ventures IPO and Saatvik Green Energy IPO.

IPO Details

Brigade Hotel Ventures IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Saatvik Green Energy IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Brigade Hotel Ventures IPO is up to ₹759.60 Cr whereas the issue size of the Saatvik Green Energy IPO is up to ₹900.20 Cr. The final issue price of Brigade Hotel Ventures IPO is ₹90.00 per share and of Saatvik Green Energy IPO is ₹465.00 per share.

 Brigade Hotel Ventures IPOSaatvik Green Energy IPO
Face Value₹10 per share₹2 per share
Issue Price (Lower)₹85.00 per share₹442.00 per share
Issue Price (Upper)₹90.00 per share₹465.00 per share
Issue Price (Final)₹90.00 per share₹465.00 per share
Discount (Retail)
Discount (Employee)₹3.00 per share₹44.00 per share
Market Lot Size166 shares32 shares
Fresh Issue Size8,44,12,565 shares1,50,58,004 shares
Fresh Issue Size (Amount)up to ₹759.60 Crup to ₹700.20 Cr
OFS Issue Size0 shares43,01,075 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹200.00 Cr
Issue Size Total8,44,12,565 shares1,93,59,079 shares
Issue Size Total (Amount)up to ₹759.60 Crup to ₹900.20 Cr

IPO Timetable

Brigade Hotel Ventures IPO opens on Jul 24, 2025, while Saatvik Green Energy IPO opens on Sep 19, 2025. The closing date of Brigade Hotel Ventures IPO and Saatvik Green Energy IPO is Jul 28, 2025, and Sep 23, 2025, respectively.

 Brigade Hotel Ventures IPOSaatvik Green Energy IPO
Anchor Bid DateJul 23, 2025Sep 18, 2025
Issue OpenJul 24, 2025Sep 19, 2025
Issue CloseJul 28, 2025Sep 23, 2025
Basis Of Allotment (Tentative)Jul 29, 2025Sep 24, 2025
Initiation of Refunds (Tentative)Jul 29, 2025Sep 25, 2025
Credit of Share (Tentative)Jul 30, 2025Sep 25, 2025
Listing date (Tentative)Jul 31, 2025Sep 26, 2025
Anchor Lockin End date 1Aug 28, 2025Oct 23, 2025
Anchor Lockin End date 2Oct 27, 2025Dec 22, 2025

Financials & KPIs

Brigade Hotel Ventures IPO P/E ratio is 112.38, as compared to Saatvik Green Energy IPO P/E ratio of 24.35.

 Brigade Hotel Ventures IPOSaatvik Green Energy IPO
Financials

Company Financials (Restated Consolidated)

Brigade Hotel Ventures Ltd.'s revenue increased by 16% and profit after tax (PAT) dropped by 24% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets947.57886.78840.67
Total Income470.68404.85356.41
Profit After Tax23.6631.14-3.09
EBITDA166.87144.61113.98
NET Worth78.5858.7433.81
Total Borrowing617.32601.19632.50
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Saatvik Green Energy Ltd.'s revenue increased by 100% and profit after tax (PAT) rose by 113% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets1,635.74688.04263.00
Total Income2,192.471,097.18617.63
Profit After Tax213.93100.474.75
EBITDA353.93156.8423.87
NET Worth337.66120.6720.27
Reserves and Surplus315.25117.3616.89
Total Borrowing458.10263.42144.49
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)95.2690.05
Promoter Shareholding (Post-Issue)74.0975.99
P/E Ratio112.3824.35
Market Cap₹3418.47 Cr.₹5910.19 Cr.
ROE63.41%
ROCE13.62%60.45%
Debt/Equity7.401.36
EPS₹0.80₹19.09
RoNW30.11%63.41%

Shares Offered

In the Brigade Hotel Ventures IPO Retail Individual Investors (RII) are offered 80,18,000 shares while in Saatvik Green Energy IPO retail investors are offered 80,18,000 shares. Qualified Institutional Buyers (QIB) are offered 2,40,54,000 shares in Brigade Hotel Ventures IPO and 38,62,365 shares in Saatvik Green Energy IPO.

 Brigade Hotel Ventures IPOSaatvik Green Energy IPO
Anchor Investor Reservation3,60,81,000 shares57,93,547 shares
Market Maker Reservation0 shares0 shares
QIB2,40,54,000 shares38,62,365 shares
NII1,20,27,000 shares28,96,775 shares
RII80,18,000 shares67,59,140 shares
Employee8,73,103 shares47,505 shares
Others
Total8,44,29,103 shares1,93,59,332 shares

Bids Received (Subscription)

Brigade Hotel Ventures IPO subscribed 4.76x in total, whereas Saatvik Green Energy IPO subscribed 6.93x.

 Brigade Hotel Ventures IPOSaatvik Green Energy IPO
QIB (times)5.74x11.41x
NII (times)2.03x10.57x
Big NII (times)1.67x11.28x
Small NII (times)2.74x9.13x
RII (times)6.83x2.81x
Employee (times)0.99x5.59x
Other (times)
Total (times)4.76x6.93x

Compare with others

Compare: