Schloss Bangalore (Hotel Leela) IPO Size : Schloss Bangalore (Hotel Leela) IPO Size (IPO) is Open on 26 May 2025 and Close on 28 May 2025. 3B Films IPO to Raise 8,04,59,769 shares (Approx ₹3,500.00 Cr) via IPO. The Fresh issue of 5,74,71,264 shares (Approx ₹2,500.00 Cr). and offer for sale up to 2,29,88,505 Equity shares (Approx ₹1,000.00 Cr). With face Value of ₹10 each.
About Schloss Bangalore Ltd:
We are the only institutionally owned and managed pure-play luxury hospitality company in India. We own, operate, manage and develop luxury hotels and resorts under “The Leela” brand.
The Leela brand was ranked as #1 among the world’s best hospitality brandsin 2020 and 2021, and among the world’s top three hospitality brands in 2023 and 2024, by Travel + Leisure World’s Best Awards Surveys.
In 1986, the Late Captain C.P. Krishnan Nairlaid the foundation of The Leela brand, and we have since then focused on building a luxury brand specializing in Indian hospitality. The Leela brand and properties have won over 250 awards since January 2021, which demonstrates our contribution to India’s luxury hospitality landscape.
Our mission is deeply rooted in the traditional Indian hospitality belief of “Atithi Devo Bhava” (Guest is God). Our goal is to offer our guests luxury experienceswith premier accommodation, exclusivity and personalized service, inspired by the ethos of Indian hospitality. We aim to maintain our position as a world-classluxury hospitality brand.
Endeavor for The Leela brand to be the preferred brand for travelers seeking premier luxury hospitality, exclusivity and personalized services. Our service excellence is reflected by our industry leading net promoter scores and guest satisfaction ratings. Our net promoter score(“NPS”) across our Portfolio was 84.00 in the Financial Year 2024 –the highest amongst key hospitality peers.
- 10 Cities Diversified Portfolio.
- 12 Properties Established Presence.
- 3,382 KeysOne of the Largest Hospitality Companies in India.
- 84 Highest Among Key Hospitality Peers.
- 68.35% Majority Room Revenue from Direct Channels.
- 43.7%:56.3% Attractive International: Domestic Customers Mix.
- 1.4 times Superior RevPAR Premium.
- 48.92% Superior EBITDA Margin.
- 833/24.6% Strong Pipeline Keys/% of existing keys.
Leela Hotels IPO Date & Price Band Details
| IPO Open Date | 26 May 2025 |
|---|---|
| IPO Close Date | 28 May 2025 |
| IPO Size | 8,04,59,769 shares (Approx ₹3,500.00 Cr) |
| Fresh Issue | 5,74,71,264 shares (Approx ₹2,500.00 Cr) |
| Offer for Sale | 2,29,88,505 Equity shares (Approx ₹1,000.00 Cr) |
| Lot Size | 34 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹413 to ₹435 Per Every Share |
| IPO Listing On | BSE & NSE |
| IPO Retail Quota | 10% |
| IPO QIB Quota | 75% |
| IPO NII Quota | 15% |
| DRHP Draft | Click Here |
| RHP Draft | Click Here |
Leela Hotels IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 34 | ₹14,792 |
| Retail Maximum | 13 | 442 | ₹1,92,270 |
| S-HNI Minimum | 14 | 476 | ₹2,07,060 |
| B-HNI Minimum | 68 | 2,312 | ₹10,05,720 |
Objects Of Offer
- Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings availed by: Our Company;and Certain of our Subsidiaries, namely, Schloss Chanakya, Schloss Chennai, Schloss Udaipurand TPRPL, through investment in such Subsidiaries.
- General corporate purposes.
Leela Hotels IPO Allotment & Listing Date (Details)
| IPO Open Date | 26 May 2025 |
|---|---|
| IPO Close Date | 28 May 2025 |
| Basis of Allotment | 29 May 2025 |
| Refunds | 30 May 2025 |
| Credit to Demat Account | 30 May 2025 |
| IPO Listing Date | 02 June 2025 |
Leela Hotels Financial Reports
| ₹ in Crores | |||
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| 2025 | ₹1,406.56 | ₹1,304.30 | ₹47.66 |
| 2024 | ₹1,226.50 | ₹1,207.07 | ₹2.13 |
| 2023 | ₹903.27 | ₹963.83 | ₹61.68 |
| 2022 | ₹415.95 | ₹783.72 | ₹319.83 |
Qualitative Factors
- Leading Luxury Hospitality Brand with Rich Heritage and a Global Appeal.
- Marquee Owned Hotels in Markets with High Barriers to Entry.
- Comprehensive Luxury Ecosystem Resulting in Diversified Revenue Sources.
- Track Record of DrivingOperational Efficiency by our Active Asset Management Approach.
- Highly Experienced, Cycle-Tested Senior Management Team, Guided by an Experienced and Distinguished Board.
- Sponsorship by Brookfield –A Leading Global Investor with Deep Local Expertise.
Our Company Promoter
- 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.
- Project Ballet Udaipur Holdings (DIFC) Pvt Ltd.
Competitive Strengths
- Leading Luxury Hospitality Brand with Rich Heritage and Global Appeal.
- Marquee Comprehensive Luxury Ecosystem Resulting in Diversified Revenue Sources.
- Owned Hotels in Markets with High Barriers to Entry.
- Track Record of Driving Operational Efficiencyby our Active Asset Management Approach.
- Highly Experienced, Cycle-Tested Senior Management Team, Guided by an Experienced and Distinguished Board.
- Sponsorship by Brookfield –ALeading Global Investor with Deep Local Expertise.
Also Read – 3B Films IPO Size GMP Price, Date, Review, Allotment Details
Leela Hotels Company Contact Details
The Leela Palace, Diplomatic Enclave, Africa Avenue,
Netaji Nagar, South Delhi, New Delhi,
Delhi,110 023, India
E-mail:cs@theleela.com
Tel: +91 22 69015454
Website: www.theleela.com
Leela Hotels Lead Manager
- 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
- ICICI Securities Limited
- Motilal Oswal Investment Advisors Limited
- SBI Capital Markets Limited
Leela Hotels IPO Registrar
KFin Technologies Limited
Tel: + 91 40 6716 2222/ 1800 309 4001
E-mail: sbl.ipo@kfintech.com
Website: www.kfintech.com
Contact Person: M. Murali Krishna
