Leela Hotels IPO Launch: Dates, Price Band, GMP, Allotment & Listing Details Explained
Schloss Bangalore, the operator of luxury hospitality company Leela Hotels, is making waves as it gets ready to debut its IPO on the Indian stock market. Thanks to its famous hotels and high-end offerings, Leela is now planning to make the most of India’s rising hospitality market and strong investments. From May 26 to May 28, 2025, the public will be able to subscribe to the IPO. Earlier, on May 23, the anchor investor bidding will occur, allowing institutional investors to start taking part in the offering ahead of anyone else. After the insights have been gathered, the company intends to complete the allotment by May 29, prepared to be listed on the NSE and BSE on June 2, 2025.
📅 Leela Hotels IPO Dates
- Anchor Investor Bidding: May 23, 2025
- IPO Open Date: May 26, 2025
- IPO Close Date: May 28, 2025
- Allotment Finalization: May 29, 2025
- Listing Date (Tentative): June 2, 2025
- Stock Exchanges: NSE & BSE
Instead of the original plan of ₹5,000 crore, the IPO now aims to raise ₹3,500 crore. A share sale worth ₹2,500 crore is planned, and the balance ₹1,000 crore will come from the OFS conducted by holdings and associated companies. The price band fixed by the company for the IPO is ₹413-435 per share, and the minimum amount for joining starts at ₹14,790. Every share is worth ₹10 when it is issued.
💸 Price Band and Lot Size
- Price Band: ₹413 to ₹435 per share
- Lot Size: 34 shares
- Minimum Investment (Retail): ₹14,790
- Face Value: ₹10 per equity share
The company has placed a cap of 75% of the net offer for Qualified Institutional Buyers, among which 60% is reserved for anchors in Leela Hotels. Out of all shares, 15% will go to Non-Institutional Investors, and 10% will be reserved for Retail Individual Investors. KFin Technologies Ltd, the registrar, is handling the IPO, and ten big Book Running Lead Managers are helping manage the process, such as JM Financial, Morgan Stanley, JP Morgan, Kotak Mahindra Capital, IIFL Securities, SBI Capital Markets, and so on.
Most of the financing from the fresh issue is being set aside to make debt repayments, as ₹2,300 crore was designated explicitly for that purpose. In March 2025, the total amount borrowed by Leela Hotels added up to ₹3,908.7 crore. Paying down this debt should help the company’s finances and prepare it for stronger growth ahead.
The company Leela Hotels has impressed people in India’s luxury hospitality sector with their Schloss Bangalore offering. Schloss, incorporated in 2019, manages the Leela Palaces, Hotels and Resorts brand, which has now brought together a network of 13 hotels with over 3,553 rooms (keys). As a result, it competes directly with large hotel groups such as Indian Hotels (Taj), Chalet Hotels, EIH (Oberoi), ITC Hotels, and the just-listed Juniper Hotels. The brand has a strong foothold in premium locations and serves rich tourists from within India as well as abroad, giving it one of the top aspirational reputations in hospitality there.
The big question now is whether or not you should take part in the Leela Hotel IPO. It's a strong name in the hospitality industry, borrowing money, reducing debt using IPO funds, and a forecast of lasting development in India’s tourism gives it a good reputation. What’s more, the company decided to decrease the IPO, which is a sensible and practical action. Even so, those interested in investing should check the state of the market, what the company is worth, its earnings trends, and its competition.
Investors should receive updates on how many share subscriptions were submitted, whether their subscriptions were fulfilled, and any gains from the listing in the days ahead. People who want to make a long-sharevestment in hospitality companies and those simply looking to purchase before shares jump are likely to closely monitor Leela Hotels’ IPO.
