SCHLOSS BANGALORE LIMITED

26 May 2025 - 28 May 2025 Individual Category Main Board BSE NSE

Min Investment

₹14790

Price Band

₹413-₹435

Issue Size

847.46 lakhs
Equity Shares

Lot Size

34

IPO Dates
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26 May 2025

Open Date

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28 May 2025

Close Date

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29 May 2025

Allotment Date

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02 Jun 2025

Listing Date

Leela Hotels IPO open date is May 26, 2025, and the closing date is May 28, 2025, 2025. This upcoming IPO is a combination of fresh issue and offer-for-sale. Total aggregate issue size is 8.474 crore equity shares.Leela Hotels IPO price band is Rs 413 - Rs 435 per share. As of now, Leela Hotels IPO GMP indicates +12 indicating mid bullish sentiment among investors for this IPO. Leela Hotels total issue consists of 8,04,59,769 equity shares with aggregating size of Rs 3500 crore. The grey market premium quotation indicates the huge interest of retail investors.

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About Schloss Bangalore Limited

Schloss Bangalore Limited, established in 2019, is India’s only institutionally owned and managed pure-play luxury hospitality company operating under “The Leela” brand. With a legacy rooted in Indian luxury hospitality since 1986, The Leela brand has earned over 250 industry awards since 2021 and consistently ranks among the world’s best hotels by leading travel publications. As of May 2024, Leela Hotels Limited manages a portfolio of 12 operational hotels with 3,382 keys, strategically located across 10 major Indian business and leisure destinations, representing 18% of luxury keys in these markets. The company is backed by Brookfield Asset Management and is actively expanding, with eight new properties planned by 2028, including ventures into wildlife, spiritual, and heritage tourism. Leela Hotels Limited demonstrates robust financial growth, with EBITDA rising from Rs 87.72 crore in FY22 to Rs 600.03 crore in FY24, reflecting its operational excellence and strong market presence.

Founded

2019

Managing Director

Anuraag Bhatnagar

Parent Organization

IPO Objectives

Leela Hotels's IPO objective is funding received from the the repayment, prepayment, or redemption, in full or in part, of certain outstanding borrowings availed by the Company and its subsidiaries—namely Schloss Chanakya, Schloss Chennai, Schloss Udaipur, and TRPRL—through investments in such subsidiaries, along with general corporate purposes.

Company Promoters

Project Ballet Bangalore Holdings (DIFC) Pvt Ltd

BSREP III Joy (Two) Holdings (DIFC) Limited

BSREP III Tadoba Holdings (DIFC) Pvt Ltd

Project Ballet Chennai Holdings (DIFC) Pvt Ltd

Project Ballet Gandhinagar Holdings (DIFC) Pvt Ltd

Project Ballet HMA Holdings (DIFC) Pvt Ltd

Project Ballet Udaipur Holdings (DIFC) Pvt Ltd

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

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