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Schloss Bangalore Limited (Leela Hotels IPO) IPO

Schloss Bangalore Limited (Leela Hotels IPO) IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
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Listed Price: ₹ 406.00 (-6.67%)

The public market debut of Schloss Bangalore Limited (Leela Hotels IPO)'s was completed on 02-06-2025 with its listing on the NSE, BSE exchange. The IPO process raised 8,04,59,769 Shares in total capital, consisting of 5,74,71,264 Shares in new equity and ₹1000.00 Cr in existing share sales through the OFS route.

The offering featured a price range of ₹413 to ₹435 and minimum application size of 34 shares. Investor response during the subscription period from 26-05-2025 to 28-05-2025 influenced the final allotment ratios across investor categories.

Final allotment was announced on 29-05-2025, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.

Schloss Bangalore IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Schloss Bangalore IPO Key Performance Indicator
Company Financials ( In Crores )

Schloss Bangalore IPO About Company

Established on March 20, 2019, The Leela Palaces, Hotels & Resorts operates as a luxury hospitality group under private equity funds managed by Brookfield. The company owns, operates, and manages premium hotels across India through direct ownership and third-party management contracts. As of May 31, 2024, the brand has 12 operational hotels with 3,382 keys, including 5 landmark owned properties across Bengaluru, Chennai, New Delhi, Jaipur, and Udaipur. With iconic dining brands like Jamavar, Le Cirque and Megu, premium MICE offerings, and 12 wellness spas (including an upcoming Soneva spa in Bengaluru), The Leela continues to reinforce its leadership in India’s luxury hotel segment.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Schloss Bangalore IPO Strength Factors

  1. Strong Global Brand: High recognition & trust in luxury hospitality.
  2. Premium Assets: Owns hotels in prime, high-demand markets.
  3. Multiple Revenue Sources: Earnings from rooms + F&B + wellness + events.

Schloss Bangalore IPO Risk Factors

  1. Brand Reputation Risk: Any damage to brand image can reduce customer trust & revenue.
  2. High Asset Concentration: Reliance on 5 major hotels increases regional & operational vulnerability.
  3. Financial Stress: Continued losses may strain cash flows & long-term sustainability.

Schloss Bangalore IPO Lead Manager(s)

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

Schloss Bangalore IPO Promoter(s)

  1. Project Ballet Bangalore Holdings (DIFC) Pvt Ltd
  2. BSREP III Joy (Two) Holdings (DIFC) Limited
  3. BSREP III Tadoba Holdings (DIFC) Pvt Ltd
  4. Project Ballet Chennai Holdings (DIFC) Pvt Ltd
  5. Project Ballet Gandhinagar Holdings (DIFC) Pvt Ltd
  6. Project Ballet HMA Holdings (DIFC) Pvt Ltd
  7. Project Ballet Udaipur Holdings (DIFC) Pvt Ltd

Schloss Bangalore IPO Company Details

Schloss Bangalore Limited (Leela Hotels IPO)
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Schloss Bangalore IPO Registrar

Kfin Technologies Limited
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Schloss Bangalore IPO FAQs