
Consumer Services / Hospitality · NSE / BSE
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.
Price Band
₹413 – ₹435
Issue Size
₹3500 Cr
Lot Size
34 shares
GMP
+0.5%
Est. Listing
₹437
at current GMP
Subscribed
4.74x
overall
Open
26 May 2025
Close
28 May 2025
Allotment
29 May 2025
Refund
30 May 2025
Demat Credit
31 May 2025
Listing
2 Jun 2025
Designated Registrar: Kfin Technologies Limited
Allotment Date
29 May 2025
Basis finalization
Refunds Initiate
30 May 2025
Mandate release
Demat Credit
31 May 2025
Shares in demat
Listing Debut
2 Jun 2025
Trading begins
Schloss Bangalore Limited (Leela Hotels IPO) is bringing an initial public offering (IPO) in the Consumer Services / Hospitality sector with an aggregate issue size of ₹3,500 Crores. The shares are offered at a price band of ₹413 to ₹435 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-05-28, the basis of allotment is scheduled to be finalized on 2025-05-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.