Schloss Bangalore Limited (Leela Hotels) IPO: Key Details and Insights

About Schloss Bangalore Limited (Leela Hotels) IPO

Schloss Bangalore Limited, operating under The Leela brand, is India’s premier luxury hospitality company, renowned for its opulent palaces, hotels, and resorts. With 12 operational hotels (3,382 keys), including iconic properties in Bengaluru, Chennai, New Delhi, Jaipur, and Udaipur, The Leela blends traditional Indian grandeur with modern luxury. The brand is celebrated for its award-winning fine-dining restaurants (Jamavar, Le Cirque), world-class spas, and exceptional MICE (Meetings, Incentives, Conferences, Exhibitions) facilities, catering to discerning travelers and elite events.

Backed by Brookfield Asset Management, The Leela’s owned portfolio spans 1,216 keys across five landmark properties, each a masterpiece of architecture and hospitality. From the sea-facing Leela Palace Chennai to the lake-view Leela Palace Udaipur, the brand delivers unmatched personalized service, wellness retreats, and curated experiences. With expansions like the Soneva Spa collaboration in Bengaluru (2026), The Leela continues to redefine luxury hospitality in India.

Minimum Investment

Minimum Investment (Retail)Lots (min)Shares (QTY)
₹14,790134

Schloss Bangalore Limited (Leela Hotels) IPO Details

IPO DateMay 26, 2025 to May 28, 2025
Listing DateMon, Jun 2, 2025
Face Value₹10 per share
Issue Price Band₹413 to ₹435 per share
Lot Size34 Shares
Total Issue Size8,04,59,769 shares
(aggregating up to ₹3,500.00 Cr)
Fresh Issue5,74,71,264 shares
(aggregating up to ₹2,500.00 Cr)
Offer for Sale2,29,88,505 shares of ₹10
(aggregating up to ₹1,000.00 Cr)
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Share Holding Pre Issue27,64,86,614 shares
Share Holding Post Issue33,39,57,878 shares
IPO Open DateMon, May 26, 2025
IPO Close DateWed, May 28, 2025
Tentative AllotmentThu, May 29, 2025
Initiation of RefundsFri, May 30, 2025
Credit of Shares to DematFri, May 30, 2025
Tentative Listing DateMon, Jun 2, 2025
Cut-off time for UPI mandate confirmation5 PM on May 28, 2025

Schloss Bangalore Limited (Leela Hotels) IPO Prospectus

Schloss Bangalore Limited (Leela Hotels) Financial Snapshot (in Crore)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets8,266.167,061.885,875.54
Revenue1,406.561,226.50903.27
Profit After Tax47.66-2.13-61.68
Net Worth3,604.99-2,825.72-2,511.96
Reserves and Surplus3,280.43-2,906.20-2,582.80
Total Borrowing3,908.754,242.183,696.18

Schloss Bangalore Limited (Leela Hotels) Promoters Holding

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 and Project Ballet Udaipur Holdings (DIFC) Pvt Ltd

Schloss Bangalore Limited (Leela Hotels) IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: leelahotels.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

Schloss Bangalore Limited (Leela Hotels) IPO Lead Manager(s)

  • JM Financial Limited
  • Bofa Securities India Limited
  • Morgan Stanley India Company Pvt Ltd
  • J.P. Morgan India Private Limited
  • Kotak Mahindra Capital Company Limited
  • Axis Capital Limited
  • Citigroup Global Markets India Private Limited
  • Iifl Securities Ltd
  • Motilal Oswal Investment Advisors Limited
  • SBI Capital Markets Limited

Schloss Bangalore Limited (Leela Hotels) Contact Details

Schloss Bangalore Limited
The Leela Palace, Diplomatic Enclave,
Africa Avenue,
Netaji Nagar
Phone: +91 22 6901 5454
Email: cs@theleela.com
Website: http://www.theleela.com/

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