Prestige Hospitality Ventures Limited IPO: Date, Status and What We Know

Prestige Hospitality Ventures is the hospitality subsidiary of Prestige Estates Projects and earns revenue from hospitality services, including food and beverage.

Prestige Hospitality Ventures' draft red herring prospectus dated 24 April 2025, published on sebi.gov.in on 28 April 2025, proposed a total offer of up to ₹27,000 million: a fresh issue of up to ₹17,000 million and an offer for sale of up to ₹10,000 million by Prestige Estates Projects. freepressjournal.in reported on 26 September 2026 that the company's board decided on 25 September 2026 to withdraw the draft, citing strategic considerations and uncertain market conditions, and that it may file a fresh draft later; the outlet also noted a separate agreement under which CPPIB would invest up to ₹3,000 crore in the company, which the company did not link to the withdrawal.