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Prestige Hospitality Aims for $318 Million IPO to Fuel India’s Luxury Hotel Boom

Unknown Apr 02, 2026 800 Views
Prestige Hospitality Aims for $318 Million IPO to Fuel India’s Luxury Hotel Boom
Prestige Estates' hospitality division, Prestige Hospitality Ventures, has filed a ₹2,700 crore ($318 million) IPO to expand its luxury hotel chain in India. The issue includes a fresh issue of ₹1,700 crore and an OFS of ₹1,000 crore with proceeds to be utilized to fund new projects and repay...

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