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THELEELAEQ / NSE, BSEListed

Schloss Bangalore Limited (Leela Hotels IPO)

Established on March 20, 2019, The Leela Palaces, Hotels & Resorts operates as a luxury hospitality group under private equity funds managed by Brookfield. The company owns, operates, and manages premium hotels across India through direct ownership and third-party management contracts. As of May 31, 2024, the brand has 12 operational hotels with 3,382 keys, including 5 landmark owned properties across Bengaluru, Chennai, New Delhi, Jaipur, and Udaipur. With iconic dining brands like Jamavar, Le Cirque and Megu, premium MICE offerings, and 12 wellness spas (including an upcoming Soneva spa in Bengaluru), The Leela continues to reinforce its leadership in India’s luxury hotel segment.

DRHPANCHOR
₹413 - ₹4354.74x sub
Listed Price₹406.00
Listing Gain-6.67%
Timeline•Bookbuilding IPO
Open26 May 2025
Close28 May 2025
Allotment29 May 2025
Listing02 Jun 2025

Quota Reservation Portions

QIBPortion: 6,03,44,828 shares
75%
Nii(hni)Portion: 1,20,68,965 shares
15%
RetailPortion: 80,45,976 shares
10%

Minimum Application Bracket Matrix

Retail1 lots / 34 shares
₹14,790
sHNI14 lots / 476 shares
₹2,07,060
bHNI68 lots / 2,312 shares
₹10,05,720

About the Company

Established on March 20, 2019, The Leela Palaces, Hotels & Resorts operates as a luxury hospitality group under private equity funds managed by Brookfield. The company owns, operates, and manages premium hotels across India through direct ownership and third-party management contracts. As of May 31, 2024, the brand has 12 operational hotels with 3,382 keys, including 5 landmark owned properties across Bengaluru, Chennai, New Delhi, Jaipur, and Udaipur. With iconic dining brands like Jamavar, Le Cirque and Megu, premium MICE offerings, and 12 wellness spas (including an upcoming Soneva spa in Bengaluru), The Leela continues to reinforce its leadership in India’s luxury hotel segment.

Company Promoters

Project Ballet Bangalore Holdings (DIFC) Pvt LtdBSREP III Joy (Two) Holdings (DIFC) LimitedBSREP III Tadoba Holdings (DIFC) Pvt LtdProject Ballet Chennai Holdings (DIFC) Pvt LtdProject Ballet Gandhinagar Holdings (DIFC) Pvt LtdProject Ballet HMA Holdings (DIFC) Pvt LtdProject Ballet Udaipur Holdings (DIFC) Pvt Ltd

Lead Managers

Jm Financial LimitedBofa Securities India LimitedMorgan Stanley India Company Private LimitedJ.P. Morgan India Private LimitedKotak Mahindra Capital Company LimitedAxis Capital LimitedCitigroup Global Markets India Private LimitedIIFL Capital Services LimitedMotilal Oswal Investment Advisors LimitedSBI Capital Markets Limited

Registrar

Kfin Technologies Limited
04067162222
leelahotels.ipo@kfintech.com
https://kosmic.kfintech.com/ipostatus/
View Registrar Details