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THELEELAEQ / NSE, BSEListed
Schloss Bangalore (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%

IPO Schedule & Timeline

Bookbuilding IPO
Open26 May 2025
Close28 May 2025
Allotment29 May 2025
Listing02 Jun 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB6,03,44,828 shares
75%
Nii(hni)1,20,68,965 shares
15%
Retail80,45,976 shares
10%

Minimum Application Lots

Retail1 Lot (34 shares)
₹14,790
sHNI14 Lots (476 shares)
₹2,07,060
bHNI68 Lots (2,312 shares)
₹10,05,720

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

Company Background

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, ...

Lead Managers & Bankers

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

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-25)₹1406.6 Cr
Growth+55.7%
Revenue Trend (₹ in Crores)
0.0539.21.1k1.6kMar-23Mar-24Mar-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-251,406.647.78,266.23,908.8
Mar-241,226.50-2.137,061.94,242.2
Mar-23903.3-61.75,875.53,696.2

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-251.970%0%160.63213.09
Mar-24-0.120%0%00
Mar-23-3.50%0%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
29 May 2025
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
02 Jun 2025

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Schloss Bangalore (Leela Hotels IPO). Check with PAN or Application No.

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Stock Exchange Portal
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Allotment Schedule & Milestones

IST
1. Allotment Finalization29 May 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date02 Jun 2025Trading commences on exchange

How to Check Schloss Bangalore (Leela Hotels IPO) Allotment Online

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

Official FilingDRHP
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Allotment FAQs & Help

About Schloss Bangalore (Leela Hotels IPO) IPO

Complete issue overview for Schloss Bangalore (Leela Hotels IPO) (THELEELA) IPO. The issue features an equity share price band of ₹413 – ₹435 per share with a minimum retail lot size of 34 Shares (minimum application amount of ₹14,790). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions