Schloss Bangalore Limited IPO
Schloss Bangalore Limited, established on March 20, 2019, is a luxury hospitality company operating under "The Leela" brand in India. It owns, operates, manages, and develops luxury hotels and reso ...
As of May 31, 2024, Schloss Bangalore Limited is one of India's largest luxury hospitality companies by number of keys, with a portfolio of 12 operational hotels comprising 3,382 keys. The portfolio includes The Leela Palaces, The Leela Hotels, and The Leela Resorts. The company operates through direct ownership and hotel management agreements with third-party owners.
The owned portfolio comprises five landmark hotels with 1,216 keys across key business and leisure destinations: Bengaluru, Chennai, New Delhi, Jaipur, and Udaipur. These hotels, renowned as modern palaces, blend traditional Indian architecture with contemporary luxury.
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IPO Timeline
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26 May 2025Bidding Starts
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28 May 2025Bidding Ends
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29 May 2025Allotment Finalization
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29 May 2025Refund Date
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30 May 2025Demat Date
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02 Jun 2025Listing Date
Schloss Bangalore Limited IPO Financial Result in crore
| Year | Asset | Revenue | Profit |
|---|---|---|---|
| 31 Mar 2023 | 5,875.54 Cr | 903.27 Cr | -61.68 Cr |
| 31 Mar 2024 | 7,061.88 Cr | 1,226.50 Cr | -2.13 Cr |
| 31 Mar 2025 | 8,266.16 Cr | 1,406.56 Cr | 47.66 Cr |
About Schloss Bangalore Limited IPO
Schloss Bangalore Limited is a luxury hospitality company that owns, operates, manages, and develops high-end hotels and resorts under the renowned “The Leela” brand. Recognised globally, The L ...
Founded in 1986 by the late Captain C.P. Krishnan Nair, the brand has remained committed to Indian hospitality values, offering premium accommodation, exclusivity, and personalised service inspired by the ethos of “Atithi Devo Bhava”. As of March 31, 2025, the company has 3,553 keys across 13 operational hotels in India, covering major business and leisure destinations.
The company operates through direct ownership, hotel management agreements, and one franchise arrangement. Its five owned hotels, located in top luxury destinations like Bengaluru, New Delhi, and Chennai, are known for combining traditional Indian architecture with modern world-class amenities. These properties deliver exceptional guest experiences, reflected in a high Net Promoter Score of 85.11 in FY25.
With a planned addition of seven new properties by 2028, Schloss Bangalore Limited is expanding into wildlife, spiritual, and heritage tourism. Backed by Brookfield, a global asset manager with deep expertise in hospitality and real estate, the company is positioned for strategic growth across India and beyond.
Read moreThe company plans to allocate the net proceeds from the issuance to the following purposes:
- A portion of the net proceeds will be used to repay or prepay outstanding borrowings, including interest and any penalties, helping reduce the company's overall debt burden.
- Funds will be invested in subsidiaries such as Schloss Chanakya, Schloss Chennai, Schloss Udaipur, and TPRPL to clear their borrowings, improving the group’s financial stability.
- The remaining funds will be used for general corporate purposes.
Leela Hotels IPO Promoter Holding
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | 75.91% |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
FAQs
When Leela Hotels IPO will open?
The Leela Hotels IPO opens on May 26, 2025 and closes on May 28, 2025.
What is the lot size of Leela Hotels IPO?
Leela Hotels IPO lot size is 34, and the minimum amount required is ₹14,790.
When is Leela Hotels IPO allotment?
The finalization of Basis of Allotment for Leela Hotels IPO will be done on Thursday, May 29, 2025, and the allotted shares will be credited to your demat account by Friday, May 30, 2025.
When is Leela Hotels IPO listing date?
The Leela Hotels IPO listing date is not yet announced. The tentative date of Leela Hotels IPO listing is Monday, June 2, 2025.
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