Schloss Bangalore Limited (Leela Hotels IPO)
ListedMainboardConsumer 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
₹2
+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
Last updated 12 days ago
Overall Subscription
4.74x
Total Demand
QIB Multiplier
7.86x
Institutions & Funds
NII / HNI
1.08x
High Net-Worth
Retail (RII)
0.87x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 24,137,932 | 189,663,322 | 7.86x |
| NIB | 12,068,966 | 12,996,908 | 1.08x |
| HNIs(10L +) | 8,045,977 | 9,704,076 | 1.21x |
| HNIs (2-10L) | 4,022,989 | 3,292,832 | 0.82x |
| RETAIL | 8,045,977 | 7,013,622 | 0.87x |
| Total | 56,321,841 | 222,670,760 | 4.74x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs (10L+) | 16,903 | 2,164 | 0.13x |
| HNIs (2-10L) | 8,452 | 5,883 | 0.70x |
| RETAIL | 236,646 | 134,780 | 0.57x |
| Total Applications | 262,001 | 142,827 | 0.55x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Schloss Bangalore Limited (Leela Hotels IPO) Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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.
Frequently Asked Questions
What is Schloss Bangalore Limited (Leela Hotels IPO) IPO GMP today?
The latest Grey Market Premium (GMP) for Schloss Bangalore Limited (Leela Hotels IPO) IPO is ₹2 per equity share. Based on the upper price band of ₹413 to ₹435 per equity share, the estimated listing price is ₹437 (+0.5% expected listing gain).
What is the expected profit per lot for Schloss Bangalore Limited (Leela Hotels IPO) IPO?
With a lot size of 34 shares and current GMP of ₹2, the expected profit per application lot is approx ₹68 (+0.5% gain). Minimum application cost is approx ₹14,790.
What is the issue size and price band for Schloss Bangalore Limited (Leela Hotels IPO) IPO?
The Schloss Bangalore Limited (Leela Hotels IPO) IPO aggregate issue size is ₹3,500 Crores with an equity price band set at ₹413 to ₹435 per equity share. The retail lot size is 34 shares requiring a minimum capital outlay of approx. ₹14,790.
How can I check Schloss Bangalore Limited (Leela Hotels IPO) IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 4.74x (Retail: 0.87x, QIB: 7.86x, NII: 1.08x). You can track live multiples directly on our dedicated subscription page.
Where and when will Schloss Bangalore Limited (Leela Hotels IPO) IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-05-29. Investors can verify status using PAN card or application number.
When is the listing date for Schloss Bangalore Limited (Leela Hotels IPO) IPO?
Schloss Bangalore Limited (Leela Hotels IPO) shares are scheduled to list on NSE and BSE on 2025-06-02.