Last updated on October 29th, 2025 at 09:20 am
Prestige Hospitality is planning to raise around ₹2,700 crore via this IPO. Here are the details about IPO size, price band, grey market premium (GMP), financials, strengths & risks.
Prestige Hospitality The company specialises in premium hotel assets in major Indian cities, under global hospitality brands, targeting business and leisure travellers.
Subscription date to apply for Prestige Hospitality is expected by early December 2025 . Price band for the IPO is not confirmed and is yet to be announced ~ ₹ per share.
Revenue, PAT, EBITDA of Prestige Hospitality
| Year | 2024 |
| Networth | ~ 79.63 Cr |
| Revenue: | ~ ₹ 1,024 Cr |
| EBITDA | ~ ₹508 Cr |
| PAT | ~ ₹ 161.8 Cr |
| EBITDA Margin: | 49.6% |
| PAT Margin | 15.8% |
Prestige Hospitality Financials (Consolidated Figures)
| Year (Approx Values) | Revenue (₹ Cr) | Profit (₹ Cr) | Assets (₹ Cr) | Net Worth (₹ Cr) |
| 2022 | ₹ 320 | ₹ 86.1 | ₹ 3,114 | ₹ 82.3 |
| 2023 | ₹ 1,049 | ₹ 156.2 | ₹ 3,330 | ₹ 81.9 |
| 2024 | ₹ 1,024 | ₹ 161.7 | ₹ 3,729 | ₹ 79.6 |
Prestige Hospitality IPO Grey market premium today
| Date | IPO Price | IPO GMP | GMP Trend | Estimated listing | Estimated profit per lot |
| 29-Oct | ₹ | ₹ | – | ₹ – | ₹ |
| 28-Oct | ₹ | ₹ | – | ₹ – | ₹ |
| 27-Oct | ₹ | ₹ | – | ₹ – | ₹ |
| 26-Oct | ₹ | ₹ – | – | – | – |
| 25-Oct | ₹ | ₹ – | – | – | – |
Prestige Hospitality IPO Pros & Cons
Strengths:
- Strong Parentage – Backed by Prestige Group (one of India’s leading real estate developers)
- Expanding Premium Hospitality Portfolio (1445 hotel keys operational & ~2,500 additional keys in pipeline)
- Strong Financial Growth & Margins
- Strategic Partnerships with Global Brands like Marriott, Hilton, and IHG for hotel management and co-branding.
- IPO proceeds utilization: Clear Fund allocation for debt repayment (~₹ 1,121 Cr) and subsidiary investments (~₹ 724 Cr).
Risks:
- High Dependence on Tourism & Economic Cycles.
- Capital-Intensive & High Debt levels
- Execution Risk in Expanding Hotel Pipeline
- Limited Operating History as an Independent Entity ( as it was started in 2017, it has short standalone track record).
- Competitive Pressure from Established Players like EIH (Oberoi), Indian Hotels (Taj), Chalet Hotels, and Lemon Tree Hotels
Prestige Hospitality: IPO date & invest detail
| IPO Open Date: | November 2025 |
| IPO Close Date: | – |
| Anchor Investor Bidding | – |
| IPO Allotment Date: | – |
| Refunds & Demat Credit | – |
| Tentative Listing Date: | Nov’25 |
| IPO Category | Mainboard |
| Symbol | – |
| Face Value: | Rs.05 per Equity Share |
| Issue Size: | ~ ₹ 2,700 Cr |
| Lot Size: | – |
Prestige Hospitality IPO Composition & Proceeds
| Fresh Issue: | ~₹ 1,700 crore |
| Offer for Sale: | ~ ₹ 1,000 Cr |
| Employee reservation | – |
| Price Range | ₹-₹ |
| Use of Proceeds: | No utilization |
| Repayment of borrowings | ~₹ 1121.2 crore |
| Subsidiary Investment (Growth) | ~₹ 724 crore |
| Marketing & Promotions | – |
| General Corporate Use | Balance |
| IPO Listing on: | NSE & BSE |
| Retail Quota: | ≥ 35% |
| QIB Quota: | ≥ 35% |
| NII Quota: | ≥ 15% |
Prestige Hospitality Lot Size details
| Application Type | Lot Size | No. of Lots | No. of Shares | Investment Amount |
| Retail(Min) | – | 1 | – | ₹ |
| Retail (Max) | – | 13 | – | ₹ |
| Small HNI (Min) | – | 14 | – | ₹ |
| Small HNI (Max) | – | 66 | – | ₹ |
| Big HNI (Min) | – | 67 | – | ₹ |
Core Offerings of Prestige Hospitality
Prestige Hospitality company specialises in premium hotel assets in major Indian cities, under global hospitality brands, targeting business and leisure travellers.
No. of Stores/Prestige Hospitality’s customer reach/market share
As of December 2024, Prestige Hospitality’s operating portfolio included 7 hotels with around 1,445 keys, plus a pipeline of 951 keys (under way) and 1,558 upcoming keys – spanning cities like Bengaluru, Delhi/NCR, Goa, Hyderabad, Chennai and Mumbai.
Prestige Hospitality Promoters – Pre offer equity (Approx)
| Prestige Estates Projects Ltd (PEPL) | 100% |
Lead Managers / Registrars of Prestige Hospitality
| Lead / Book Running Lead Managers | JM Financial Ltd, CLSA India Pvt Ltd, J.P. Morgan India Pvt Ltd, Kotak Mahindra Capital Company Ltd |
| Registrar (RTA) | KFin Technologies Limited |
Founding Year of Prestige Hospitality & Managing Director
Prestige Hospitality was commenced in the year 2017.
Mr. Omer Bin Jung & Mohmed Zaid Sadiq are Joint Managing Director of the company.
Prestige Hospitality FAQ
What is the total size of the IPO?
Up to ₹ 2,700 crore, comprising a fresh issue of up to ₹ 1,700 crore and an offer for sale of up to ₹ 1,000 crore.
What is the face value of the shares?
The face value is ₹ 5 per share
When will the IPO open, and what is the lot size?
The exact open & close dates, price band and lot size are yet to be announced.
What will the company use the IPO proceeds for?
Major uses include repayment or pre-payment of borrowings (~₹ 1,121 crore), investment into subsidiaries (~₹ 724 crore)
Who are the lead managers and registrar
Lead Managers are JM Financial, CLSA India, J.P. Morgan India and Kotak Mahindra Capital. Registrar is Kfin Technologies
Which exchanges will it list on?
The IPO is planned for mainboard listing on BSE & NSE (exact symbol to be announced)
What is the business model?
The company acquires/develops premium hospitality assets (hotels/resorts), typically under global brands, across major Indian demand hubs; earns income via room revenue, other hospitality services, and asset appreciation.
What are the growth drivers and risks?
Growth drivers: expanding hotel portfolio (~2,500+ additional keys in pipeline) across key cities, strong demand for luxury/upper-upscale stays in India.
Being a first-time public issue (no prior listing), execution risk for pipeline projects, hospitality sector sensitivity to macro/economic/ travel demand
When is the tentative listing date?
Expectation is sometime in November 2025.
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For further information you can visit official website of Prestige Hospitality & Prestige Hospitality Ventures