Brigade Hotel IPO subscribed 48% on Day 1 so far: GMP hints at 9% listing pop

Wait 5 sec.

Brigade Hotel Ventures’ Rs 759.6-crore IPO was subscribed 48% on day one, led by strong retail and non-institutional investor interest. The IPO, open until July 28, includes a fresh issue of 8.44 crore shares offered at a price band of Rs 85–90.