IPO - Initial Public Offerings

 THELEELA

  

SCHLOSS BANGALORE LIMITED

26 May, 10:00 AM

Issue Open

28 May, 05:00 PM

Issue Close

34

Lot Size

₹ 413.00 – ₹ 435.00

Price Range

IPO Issue Details

Issue size 3500.00
Market Price 435.00
Registrar Kfin Technologies Limited
Face Value RS.10 /- Per share
Listing at NSE BSE

About

SCHLOSS BANGALORE LIMITED
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 resorts, offering premier accommodations and personalised services inspired by Indian hospitality. 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. Owned Portfolio Highlights: The Leela Palace Bengaluru – An 8.23-acre urban ecosystem in the central business district, catering to business and leisure travelers. The Leela Palace Chennai – A 4.8-acre sea-facing palace on the Chennai marina, inspired by Chettinad architecture, offering expansive views of the Bay of Bengal. The Leela Palace New Delhi – A three-acre property in the diplomatic enclave of Chanakyapuri, positioned near over 60 embassies and high commissions. The Leela Palace Jaipur – An 8.1-acre luxury retreat near Jaipur’s historic sites, awarded Best Family Hotel by Travel + Leisure India’s Best Awards 2022 and Top 20 Best Hotels in India by Conde Nast Traveler, Readers’ Choice Awards 2023. The Leela Palace Udaipur – A seven-acre property overlooking Lake Pichola and the royal City Palace, offering a picturesque setting. As of May 31, 2024, the company operates 67 restaurants, bars, and cafes, including Jamavar, Library Bar, ZLB 23, Megu, China XO, Le Cirque, and Sheesh Mahal. The portfolio also includes 12 spas and well

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 34 ₹ 14,790.00
Retail  (Upto 2 Lakh) 13 442 ₹ 1,92,270.00
S-HNI  (2 Lakh to 10 Lakh) 14 476 ₹ 2,07,060.00
S-HNI  (2 Lakh to 10 Lakh) 67 2278 ₹ 9,90,930.00
B-HNI  (Above 10 Lakh) 68 2312 ₹ 10,05,720.00

IPO TimeLine

Open Date 26-May-2025
Close Date 28-May-2025
Basis of Allotment Date 29-May-2025
Initiation of Refunds 30-May-2025
Credit Shares to Demat A/c 30-May-2025
IPO Listing Date 02-Jun-2025