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) |
| ₹14,790 | 1 | 34 |
Schloss Bangalore Limited (Leela Hotels) IPO Details
| IPO Date | May 26, 2025 to May 28, 2025 |
| Listing Date | Mon, Jun 2, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹413 to ₹435 per share |
| Lot Size | 34 Shares |
| Total Issue Size | 8,04,59,769 shares (aggregating up to ₹3,500.00 Cr) |
| Fresh Issue | 5,74,71,264 shares (aggregating up to ₹2,500.00 Cr) |
| Offer for Sale | 2,29,88,505 shares of ₹10 (aggregating up to ₹1,000.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 27,64,86,614 shares |
| Share Holding Post Issue | 33,39,57,878 shares |
| IPO Open Date | Mon, May 26, 2025 |
| IPO Close Date | Wed, May 28, 2025 |
| Tentative Allotment | Thu, May 29, 2025 |
| Initiation of Refunds | Fri, May 30, 2025 |
| Credit of Shares to Demat | Fri, May 30, 2025 |
| Tentative Listing Date | Mon, Jun 2, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 28, 2025 |
Schloss Bangalore Limited (Leela Hotels) IPO Prospectus
Schloss Bangalore Limited (Leela Hotels) Financial Snapshot (in Crore)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 8,266.16 | 7,061.88 | 5,875.54 |
| Revenue | 1,406.56 | 1,226.50 | 903.27 |
| Profit After Tax | 47.66 | -2.13 | -61.68 |
| Net Worth | 3,604.99 | -2,825.72 | -2,511.96 |
| Reserves and Surplus | 3,280.43 | -2,906.20 | -2,582.80 |
| Total Borrowing | 3,908.75 | 4,242.18 | 3,696.18 |
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/
