Schloss Bangalore (Leela Hotels) IPO

Schloss Bangalore (Leela Hotels) IPO is listed on BSE and NSE, priced at ₹413–₹435 per share. The stock debuted at ₹406. The IPO had a lot size of ₹34 shares and a minimum investment of ₹14,790.

Schloss Bangalore Limited (Leela Hotels IPO)

Mainboard Listed
₹14,790 (34 Shares)
Minimum Investment
Check Allotment
IPO Dates
May 26, 2025 – May 28, 2025
Price band
₹413-435 per equity share
Minimum Investment
₹14,790
Issue size
₹3500 Cr
Lot size
34
Allotment Date
May 29, 2025
Listing
Jun 2, 2025
Listing At
BSE, NSE

IPO timeline

  1. May 26, 2025

    Open Date

    Completed

  2. May 28, 2025

    Close Date

    Completed

  3. May 29, 2025

    Allotment Date

    Completed

  4. Jun 2, 2025

    Listing Date

    Completed

Price Summary

Last closing
412.50 (-5.17%)
52 week high
474.40
52 week low
382.50
Last update

Schloss Bangalore (Leela Hotels) IPO Essentials

Schloss Bangalore (Leela Hotels) IPO Details

Schloss Bangalore (Leela Hotels) IPO is priced at ₹413-435 per share with a total issue size of 3500 crore. The IPO has a lot size of 34 shares and is listed on BSE and NSE.

Issue price
₹413-435 per equity share
Lot size
34 shares
Face value
₹10 Per Equity Share
Issue size
Total ₹3500.00 Cr :
#Fresh Issue : 5,74,71,264 shares(aggregating up to ₹2500.00 Cr) +
#OFS : 2,29,88,505 shares of ₹10(aggregating up to ₹1000.00 Cr)
Total issue size
8,04,59,769 shares
(aggregating up to ₹3500 crore)
Fresh issue
5,74,71,264 shares
(aggregating up to ₹2500 crore)
Offer for sale (OFS)
2,29,88,505 shares
(aggregating up to ₹1000 crore)
Listing at
BSE, NSE
List price
406.0(NSE)
Listing date
Registrar
Kfin Technologies Limited
Lead manager
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

Market Lot Size

Investors can bid for a minimum of 34 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 34 ₹14,790
Retail(max) 13 442 ₹1,92,270
sHNI(min) 14 476 ₹2,07,060
sHNI(max) 67 2,278 ₹9,90,930
sHNI(min) 68 2,312 ₹10,05,720

Schloss Bangalore (Leela Hotels) IPO Documents

Schloss Bangalore (Leela Hotels) IPO Reservation

Schloss Bangalore (Leela Hotels) IPO reservation details show category-wise allocation of shares. Out of the total 4,42,52,875 shares, approximately 54.55% are reserved for QIB, 27.27% for NII, and 18.18% for retail investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered NA (NA%)
QIB Shares Offered 2,41,37,932 (54.55%)
NII (HNI) Shares Offered 1,20,68,966 (27.27%)
bHNI > ₹10L 80,45,977 (18.18%) 16,903
sHNI < ₹10L 40,22,989 (9.09%) 8,451
Retail Shares Offered 80,45,977 (18.18%) 2,36,646
Total Shares Offered 4,42,52,875 (100%)

Schloss Bangalore (Leela Hotels) IPO Analytics

Schloss Bangalore (Leela Hotels) IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Schloss Bangalore (Leela Hotels) IPO Subscription Status

Schloss Bangalore (Leela Hotels) IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 2,41,37,932
1,20,68,966
80,45,977
40,22,989
80,45,977 4,42,52,875
Day 1 26-05-25 05:00 PM
0.03 x
0.03x
0.02x
0.05x
0.20 x 0.06 x
Day 2 27-05-25 05:00 PM
0.11 x
0.11x
0.10x
0.12x
0.41 x 0.17 x
Day 3 28-05-25 05:00 PM
7.46 x
1.02x
1.15x
0.78x
0.83 x 4.50 x
Total No. of Applications
bHNI sHNI Retail
1,73,910 (Approx) 0.13x 0.7x 0.57x

Schloss Bangalore (Leela Hotels) Valuations

Earnings

EPS Pre IPO
₹2.71/-
EPS Post IPO
₹2.04/-
P/E Pre IPO
160.63
P/E Post IPO
213.09

Returns

RoNW
1.32%

Fundamentals

Price / Book
2.92

Data sourced from DRHP / RHP • For educational purposes only

Schloss Bangalore (Leela Hotels) Financials( In Crs.)

31-Mar-25 31-Mar-24 31-Mar-23 31-Mar-22
Assets 8,266.16 7,061.88 5,875.54 5,863.01
Revenue 1,406.56 1,226.50 903.27 415.95
Profit After Tax 47.66 -2.13 -61.68 -319.83
Net Worth 3,604.99 -2,825.72 -2,511.96 -2,452.02
Reserves & Surplus 3,280.43 -2,906.20 -2,582.80 -2,522.86
Total Borrowing 3,908.75 4,242.18 3,696.18 3,676.81

Schloss Bangalore (Leela Hotels) Company & Offer Insights

About Schloss Bangalore (Leela Hotels)

Schloss Bangalore is the country’s first and only luxury hospitality company run by an institution. Through the The Leela brand, the company runs and develops a range of luxury hotels and resorts all across the country. The Leela Palaces, Hotels and Resorts was founded by Captain C.P. Krishnan Nair in 1986 and has now come to symbolize the best in Indian hospitality, fine service, and beautiful architecture. The brand placed at the #1 spot for hospitality in India for the years 2020 and 2021, while being ranked #3 in 2024 by Travel + Leisure.

By 31st May 2024, The Leela runs 12 hotels with 3,382 rooms, representing almost 18% of all keys in luxury hotels in India. The company owns five world-famous, modern palaces in India, all of which merge traditional Indian architecture with modern luxury. It pledges to provide unique and memorable experiences, tailored services, and a taste of genuine Indian hospitality.

Since January, The Leela has received more than 250 awards, highlighting its leadership and impact in India’s luxury hospitality. All 2,578 permanent employees at the company are dedicated to ensuring excellence in all their properties.

Looking to the future, Schloss Bangalore has set out a bold plan for growth. The company is aiming to have eight new properties up and running by 2028, focusing mainly on wildlife and heritage tourism, both becoming popular choices for Indian and overseas visitors. Due to its strong brand and visionary leadership, Schloss Bangalore is set to play a key role in the development of luxury hospitality in India.

Schloss Bangalore (Leela Hotels) Promoter(s)

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 are the company's promoters of Schloss Bangalore (Leela Hotels).

Schloss Bangalore (Leela Hotels) IPO Issue Objectives

Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings availed by: (a) the Company, (b) certain of our Subsidiaries, namely, Schloss Chanakya, Schloss Chennai, Schloss Udaipur and TPRPL, through investment in such Subsidiaries.
General corporate purposes.

Schloss Bangalore (Leela Hotels) IPO - Anchor Investors

Schloss Bangalore raises Rs 1,575 crore through anchor book.

Global marquee investors who became shareholders in the firm were WF Asian Reconnaissance Fund, Government Pension Fund Global, CLSA Global, Eastspring Investments, Citigroup Global, Societe Generale, Integrated Core Strategies, Fidelity, and Goldman Sachs, Tocu Europe, Hudson Bay Master Fund, and Moran Stanley.

Domestic institutional investors such as HDFC Mutual Fund, ICICI Prudential MF, Nippon Life India, WhiteOal Capital, 360 ONE Special Opportunities Fund, Invesco, Axis Max Life Insurance, Baroda BNP Paribas MF, Aditya Birla Sun Life Insurance, JM Financial MF, Mirae Asset, and SBI General Insurance Company invested in Schloss Bangalore which has 13 luxury hotels with 3,553 keys in India.

Schloss Bangalore (Leela Hotels) IPO - Peers Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Schloss Bangalore Limited 1.97 1.97 148.88 N/A 1.32 N/A Consolidated
Indian Hotels Co.ltd. 13.4 13.4 87.22 59.84 16.42 N/A Consolidated

Notes:

  1. P/E ratio computed based on closing market price of equity shares on BSE on May 7, 2025, divided by Diluted EPS.
  2. Net Asset Value per Equity Share (₹) = Net Worth at the end of the year divided by weighted average number of Equity Shares outstanding during the year.
  3. RoNW = Profit/(loss) for the year divided by Net Worth at the end of the year.
  4. Net Worth includes paid-up share capital, reserves, securities premium, and equity components after deductions as per restated consolidated financial information.

Schloss Bangalore (Leela Hotels) IPO - Strengths and Risks

Schloss Bangalore (Leela Hotels) IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Schloss is a leading luxury brand with over 250 awards since 2021.
Owns five hotels with 1,224 keys across major Indian cities by 2025.
Diverse revenue from retail (57%), corporate (17%), and group bookings (25%).

Risks

93% income relies on five key hotel properties.
Negative cash flows continue to affect business performance and stability.
Company has incurred losses in the past quarters.

Contact Information

Contact Details

Schloss Bangalore (Leela Hotels)

+91 22 6901 5454

cs@theleela.com

http://www.theleela.com/

The Leela Palace, Diplomatic Enclave,

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

leelahotels.ipo@kfintech.com

https://kosmic.kfintech.com/ipostatus/

Frequently Asked Questions

Click any question to reveal the answer

Schloss Bangalore (Leela Hotels) IPO is a book-built IPO worth ₹3500 crore. The price band is ₹413–₹435 per share. The IPO opens on May 26, 2025 and closes on May 28, 2025. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.

The price band of Schloss Bangalore (Leela Hotels) IPO is ₹413 to ₹435 per share.

The lot size of Schloss Bangalore (Leela Hotels) IPO is 34 shares.

The minimum investment for Schloss Bangalore (Leela Hotels) IPO is approximately ₹14,790 based on the upper price band .

Schloss Bangalore (Leela Hotels) IPO opens on May 26, 2025 and closes on May 28, 2025.

The allotment date of Schloss Bangalore (Leela Hotels) IPO is May 29, 2025.

Schloss Bangalore (Leela Hotels) IPO is expected to be listed on Jun 2, 2025, on BSE and NSE .

Schloss Bangalore (Leela Hotels) IPO listed on Jun 2, 2025. It was issued at ₹406.0(NSE) and is currently around ₹412.50 as on 27-May-2026 3:30 PM, which is approximately -5.2% versus issue price. The 52-week high is ₹474.40.

Based on listing and post-listing performance, Schloss Bangalore (Leela Hotels) IPO delivered around -5.2% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Schloss Bangalore (Leela Hotels) IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Schloss Bangalore (Leela Hotels) IPO valuation snapshot: P/E 213.09, EPS ₹2.04/-, P/B 2.92, RoNW 1.32%, and market cap N/A.

To apply for Schloss Bangalore (Leela Hotels) IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Schloss Bangalore (Leela Hotels) IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Schloss Bangalore (Leela Hotels) IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Schloss Bangalore (Leela Hotels) IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Schloss Bangalore (Leela Hotels) IPO allotment status on IPO Ji for quick and easy access.