
Schloss Bangalore (Leela Hotels)
Mainboard₹14,790 / 34 Shares
IPO Live Subscription Details (times)
NII (bids below ₹10L): 0.78x
NII Total: 1.02
IPO Details
Schloss Bangalore (Leela Hotels) IPO is priced between ₹413-435 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the Mainboard, and Kfin Technologies Limited is managing the issue as the registrar.
The IPO bidding period opened on 26 May, 2025, and closed on 28 May, 2025. The allotment results will be announced on 29 May, 2025, with a tentative listing date set for 2 Jun, 2025.
The total issue comprises Total ₹3500.00 Cr :#Fresh Issue : 5,74,71,264 shares, amounting to ₹2500.00 Cr.
Schloss Bangalore (Leela Hotels) IPO Highlights
IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
---|---|---|---|---|---|---|---|
May 26, 2025 - May 28, 2025 | 2 Jun, 2025 | ₹10 Per Equity Share | ₹413-435 per equity share | 34 Shares | 5,74,71,264 Shares | 2,29,88,505 shares of ₹10 | BSE, NSE |
Schloss Bangalore (Leela Hotels) IPO Timeline
Issue Price
₹413-435 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedMarket Lot
Retail: 34 Shares (₹14,790/-)S-HNI: 476 Shares (₹2,07,060/-)
B-HNI: 2,312 Shares (₹10,05,720/-)
Lead Manager
Jm Financial LimitedBofa Securities India LimitedMorgan Stanley India Company Pvt LtdJ.P. Morgan India Private LimitedKotak Mahindra Capital Company LimitedAxis Capital LimitedCitigroup Global Markets India Private LimitedIifl Securities LtdMotilal Oswal Investment Advisors LimitedSBI Capital Markets LimitedIssue 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)
Retail Portion
10% (Number of Retail Applications: 2,36,646 Approx),(Number of S-HNI Applications : 8,452 Approx),(Number of B-HNI Applications : 16,903 Approx)Subscription
4.50 timesSchloss Bangalore (Leela Hotels) IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31 Mar 25 | 8266.16 | 1406.56 | 47.66 | 3604.99 | 3280.43 | 3908.75 |
31 Mar 24 | 7061.88 | 1226.50 | -2.13 | -2825.72 | -2906.20 | 4242.18 |
31 Mar 23 | 5875.54 | 903.27 | -61.68 | -2511.96 | -2582.80 | 3696.18 |
31 Mar 22 | 5863.01 | 415.95 | -319.83 | -2452.02 | -2522.86 | 3676.81 |
All values are in ₹ Cr.
Schloss Bangalore (Leela Hotels) IPO Valuations
EPS PRE IPO ₹2.71/- | EPS POST IPO ₹2.04/- | PE PRE IPO 160.63 | PE POST IPO 213.09 | ROE % |
ROCE % | DEBT EQUITY - | RONW 1.32% | PAT MARGIN - | PRICE TO BOOK VALUE 2.92 |
About Company
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) IPO Subscription Details
As on | QIB | NII bNII sNII | 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 | 0.03 0.02 x 0.05 x | 0.20 x | 0.06 x |
Day 2 - 27-05-25 05:00 PM | 0.11 x | 0.11 0.10 x 0.12 x | 0.41 x | 0.17 x |
Day 3 - 28-05-25 05:00 PM | 7.46 x | 1.02 1.15 x 0.78 x | 0.83 x | 4.50 x |
Retail:0.57x
BHNI:0.13x
SHNI:0.70x times
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)
The Leela Palace, Diplomatic Enclave,Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: leelahotels.ipo@kfintech.com