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Prestige Hospitality Is Said to Explore Stake Sale Instead of IPO

Prestige Hospitality Is Said to Explore Stake Sale Instead of IPO
Bloomberg Markets Thursday 18 June 2026, 12:52 UTC By Abhishek Shanker, Rajesh Mascarenhas, Baiju Kalesh 1 min read
Key Points

Deals Prestige Hospitality Is Said to Explore Stake Sale Instead of IPO Prestige Estates Projects Ltd. is considering putting an initial public offering of its hospitality unit on hold and is instead exploring a minority stake sale to private equity investors, people familiar with the matter said. The Bengaluru-based developer has started discussions with potential investors to raise about $300 million for Prestige Hospitality Ventures Ltd., according to the people, who asked not to be...

Deals Prestige Hospitality Is Said to Explore Stake Sale Instead of IPO Prestige Estates Projects Ltd. is considering putting an initial public offering of its hospitality unit on hold and is instead exploring a minority stake sale to private equity investors, people familiar with the matter said. The Bengaluru-based developer has started discussions with potential investors to raise about $300 million for Prestige Hospitality Ventures Ltd., according to the people, who asked not to be identified because the information is private.
Prestige Hospitality (ORG) IPO Prestige Estates Projects Ltd. (ORG) Bengaluru (LOCATION) Prestige Hospitality Ventures Ltd. (ORG)
Originally published by Bloomberg Markets Read original →

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