SCHLOSS BANGALORE LIMITED
Price Band
₹ 413 - ₹ 435
Bid Lot
34 Shares
Price Band
₹ 413 - ₹ 435
Minimum Investment
₹ 14790.00
Bid Lot
34 Shares
Shares
80,459,769
-
Face Value - Rs. 10/- Per Share
- Lisitng at NSE, BSE
-
236,646 Application Required in Retail for 1 Time.
-
Registrar : KFin Technologies Limited
IPO Details
QIB
75%
(60,344,828 Shares)Rs. 2625.00 CR
HNI 1
5%
(4,022,988 Shares)Rs. 175.00 CR @ 8452 FORM 1X
HNI 2
10%
(8,045,976 Shares)Rs. 350.00 CR @ 16903 FORM 1X
Retail
10%
(8,045,976 Shares)Rs. 350.00 CR @ 236646 FORM 1X
Timeline
-
26
May-2025
Open Date
-
28
May-2025
Close Date
-
29
May-2025
Basis of Allotment Date
-
30
May-2025
Initiation of Refunds
-
30
May-2025
Credit of Shares to Demat A/C
-
02
Jun-2025
IPO Listing Date
Subscription as on 28-May-2025 17:39
Category
Book Size
Subscription
QIB
7.86x
24,137,932
(₹1050.00 Cr.)
189,663,322
(₹8250.35 Cr.)
HNI (<10 LAKH)
0.82x
4,022,988
(₹175.00 Cr.)
3,292,594
(₹143.23 Cr.)
HNI2 (>10 LAKH)
1.21x
8,045,976
(₹350.00 Cr.)
9,704,076
(₹422.13 Cr.)
RETAIL
0.87x
8,045,976
(₹350.00 Cr.)
7,018,416
(₹305.30 Cr.)
Total
4.74x
44,252,872
209,678,408
Category
Book Size
Subscription
QIB
7.86x
24,137,932
(₹1050.00 Cr.)
189,663,322
(₹8250.35 Cr.)
HNI (<10 LAKH)
0.82x
4,022,988
(₹175.00 Cr.)
3,292,594
(₹143.23 Cr.)
HNI2 (>10 LAKH)
1.21x
8,045,976
(₹350.00 Cr.)
9,704,076
(₹422.13 Cr.)
RETAIL
0.87x
8,045,976
(₹350.00 Cr.)
7,018,416
(₹305.30 Cr.)
Total
4.74x
44,252,872
209,678,408
*Excluding Anchor
Total No. of Application Approx : ~169107 (0.71 Appwise)
HNI Cost
About Company
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 wellness sanctuaries, with a spa collaboration with Soneva under development at The Leela Palace Bengaluru, set for completion in FY 2026. Additionally, the properties are equipped to host corporate meetings, conferences, weddings, and social events, catering to India's premium MICE market.
Schloss Bangalore Limited is promoted by private equity funds managed and advised by affiliates of Brookfield, one of the world’s largest alternative asset managers.
Strengths
Company Promoters
Company Financials
Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
Assets | 8,266.16 | 7,061.88 | 5,875.54 |
Revenue | 1,406.56 | 1,226.50 | 903.27 |
Profit After Tax | 47.66 | -2.13 | -61.68 |
Net Worth | 3,604.99 | -2,825.72 | -2,511.96 |
Reserves and Surplus | 3,280.43 | -2,906.20 | -2,582.80 |
Total Borrowing | 3,908.75 | 4,242.18 | 3,696.18 |
Amount in ? Crore |
Objects of the Issue
The Company Leela Hotels IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No. | Objects of the Issue | Expected Amount (in Millions) |
---|---|---|
1 | 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. | 23,000.00 |
2 | General corporate purposes. |
How to Apply
Apply for IPO in few simple steps.
-
Step 1
Once you create your account, Login to Easy Investing.
-
Step 2
Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.
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Step 3
Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).
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Step 4
Enter your UPI ID and you will receive mandate on your UPI App.
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Step 5
Once you accept the mandate, Application is submitted successful.
The Bidding Process
- Applying for an IPO is easier than ever with Easy Investing, in just a few clicks your application is processed. You can bid for any IPO through Easy Investing, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
- If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
- The maximum subscription amount for retail investors is 2 lakh.
- Any bid can be at a desired price or cut off price given by the company.
How to bid on App?
- Enter the number of shares you wish to buy, as per the lot size.
- You can apply at the cut off price set by the company or bid for a desired amount within the price band.
- Maximum three bids will be accepted.
- You then need to enter the UPI ID on Easy Investing’s IPO application form.
Investing using UPI
- You will immediately get a fund blocked request on your UPI for the submitted IPO application.
- The funds will be blocked in your bank account until allotment when it is debited.
- The limit for IPO application is Rs 2 lakh per transaction on UPI.
- On allotment of the shares, the money will be automatically debited.
- If the share aren’t allotted the blocked funds will reflect back into your account.
FAQs
Frequently Ask Question