Brigade Hotel Ventures is set to raise ₹759.6 crore via an IPO aimed at reducing debt and acquiring land, which could lower the promoter stake to 74.1%. A substantial share of its revenue comes from Bengaluru, especially the Sheraton Grand Bangalore. Although the company has seen growth in revenue and occupancy, analysts advise investors to closely watch its post-listing performance, given its relatively high valuation compared to industry peers.
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