Stock Report

Advent Hotels International Announces Proposed Listing on NSE & BSE

Posted On : 2025-11-13 13:09:01( TIMEZONE : IST )

Advent Hotels International Ltd., a marquee owner of luxury and upperupscale hotels in prime high-demand micro-markets in India, today announced the proposed listing of its equity shares on the National Stock Exchange of India Ltd. (NSE) and BSE Ltd on November 13, 2025. The listing will mark a significant milestone in Advent's journey as a dedicated hospitality platform, enabling enhanced market visibility, liquidity for existing shareholders, and a strengthened capital structure to support future growth.

Carved out of Valor Estate Ltd (formerly DB Realty Ltd), Advent Hotels International now operates independently with a focused strategy for developing, owning, and managing marquee hotel assets across India. The Company is governed by its own Board and Management team following the demerger.

"The listing of Advent Hotels International reinforces our commitment to building an institutionally governed and capital-efficient hospitality platform. We are committed to building a lean, operationally excellent hotel platform that is maniacally focused on long-term shareholder value creation. Our goal is to deliver a mid-teens compounded ROE over the next decade or so, through careful acquisitions and disciplined capital allocation," said Mr. Arshad Balwa, Promoter Director, Advent Hotels International Limited.

Advent Hotels International currently operates two marquee hotels: a 313-key Grand Hyatt-flagged property in Bambolim, Goa (with an additional 113 keys under development), and a 171-key Hiltonbranded property in Mumbai's Andheri East. "This listing is a defining moment for Advent Hotels International, as we aim to build one of India's most admired hospitality platforms. As an independent, asset-heavy company with marquee partnerships and a strong development pipeline, we are well-positioned to capture the next phase of growth in India's premium and luxury hospitality sector. This listing enhances our financial flexibility, strengthens governance, and enables sustainable value generation for all stakeholders." said Mr. Rahul Pandit, Managing Director & CEO, Advent Hotels International.

The Company is expanding its portfolio through strategic partnerships and joint ventures, including two upcoming hotels at Aerocity, Delhi - St. Regis and Marriott Marquis, which are being developed in partnership with the Prestige Group and are expected to open in FY27. The upcoming portfolio also features the Waldorf Astoria and Hilton at Worli, Mumbai, as well as a 1,175-key hotel at BKC, Mumbai. With five projects under development, the company is on track to expand to 3,100 keys. EBITDA, currently under ₹200 crore, is projected to surpass ₹1,200 crore as these projects mature by FY32, reflecting the company's robust growth and institutional approach.

Further, the Company will develop its ~5.4-acre Sahar (Andheri East, Mumbai) parcel into an ~1.50 mn sq ft hospitality-led integrated project (~₹4,500 crore GDV) through Advent Convention & Hotels International Ltd., a 50:50 JV in which Prestige Group and Advent Hotels) will hold equal economic interests.