Advent Hotels Set for Market Debut on 13 November

14 Nov 2025 CW Team

Carved out of Valor Estate Ltd (formerly DB Realty Ltd), Advent Hotels now operates independently with its own Board and management team following the demerger. The company is focused on developing, owning and managing premium hotel assets across India.

Promoter Director Arshad Balwa said the listing reinforces Advent’s commitment to an institutionally governed, capital-efficient hospitality platform. “Our goal is to deliver mid-teens compounded ROE over the next decade through careful acquisitions and disciplined capital allocation,” he said.

Advent Hotels currently operates two flagship properties: a 313-key Grand Hyatt in Bambolim, Goa — with an additional 113 keys under development — and a 171-key Hilton-branded hotel in Andheri East, Mumbai.

Managing Director and CEO Rahul Pandit described the listing as a defining moment for the company. He said Advent’s asset-heavy model, marquee brand partnerships and strong development pipeline position it well to capture the next phase of premium and luxury hospitality growth in India. “The listing enhances our financial flexibility, strengthens governance and supports long-term value creation,” he added.

The company is expanding its portfolio through strategic partnerships, including two upcoming hotels at Aerocity, Delhi — St. Regis and Marriott Marquis — being developed with the Prestige Group and expected to open in FY27. Future developments also include the Waldorf Astoria and Hilton at Worli, Mumbai, and a 1,175-key hotel at BKC, Mumbai. With five projects under construction, Advent is on track to expand to 3,100 keys. EBITDA, currently under Rs 2 billion, is projected to exceed Rs 12 billion by FY32 as new assets mature.

In addition, Advent will develop its 5.4-acre Sahar parcel in Andheri East into a 1.50 million sq ft hospitality-led integrated project with a gross development value of around Rs 45 billion through Advent Convention & Hotels International Ltd, a 50:50 joint venture between Prestige Group and Advent Hotels.

Advent Hotels International Ltd., a marquee owner of luxury and upper-upscale hotels in high-demand micro-markets across India, has announced that its equity shares will be listed on the National Stock Exchange of India (NSE) and BSE on 13 November 2025. The listing marks a major milestone in the company’s evolution as a dedicated hospitality platform, offering enhanced market visibility, improved liquidity for shareholders and a stronger capital base to support future expansion. Carved out of Valor Estate Ltd (formerly DB Realty Ltd), Advent Hotels now operates independently with its own Board and management team following the demerger. The company is focused on developing, owning and managing premium hotel assets across India. Promoter Director Arshad Balwa said the listing reinforces Advent’s commitment to an institutionally governed, capital-efficient hospitality platform. “Our goal is to deliver mid-teens compounded ROE over the next decade through careful acquisitions and disciplined capital allocation,” he said. Advent Hotels currently operates two flagship properties: a 313-key Grand Hyatt in Bambolim, Goa — with an additional 113 keys under development — and a 171-key Hilton-branded hotel in Andheri East, Mumbai. Managing Director and CEO Rahul Pandit described the listing as a defining moment for the company. He said Advent’s asset-heavy model, marquee brand partnerships and strong development pipeline position it well to capture the next phase of premium and luxury hospitality growth in India. “The listing enhances our financial flexibility, strengthens governance and supports long-term value creation,” he added. The company is expanding its portfolio through strategic partnerships, including two upcoming hotels at Aerocity, Delhi — St. Regis and Marriott Marquis — being developed with the Prestige Group and expected to open in FY27. Future developments also include the Waldorf Astoria and Hilton at Worli, Mumbai, and a 1,175-key hotel at BKC, Mumbai. With five projects under construction, Advent is on track to expand to 3,100 keys. EBITDA, currently under Rs 2 billion, is projected to exceed Rs 12 billion by FY32 as new assets mature. In addition, Advent will develop its 5.4-acre Sahar parcel in Andheri East into a 1.50 million sq ft hospitality-led integrated project with a gross development value of around Rs 45 billion through Advent Convention & Hotels International Ltd, a 50:50 joint venture between Prestige Group and Advent Hotels.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Real Estate

29 Jul 2026

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Equipment

29 Jul 2026

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..