Schloss Bangalore Limited
May 26, 2025 - May 28, 2025
Schloss Bangalore Limited IPO Details
Status
listed
Issue Price
₹413.00 - ₹435.00
Lot Size
34 Shares
Subscription
4.72 times
Listing Price
Face Value
₹10 Per share
Issue Size
Approx ₹3500 Cr
Fresh Issue
Approx ₹2500 Cr
Total Shares Offered
Approx ₹1000 Cr
Retail Quota
-
QIB Quota
-
HNI Quota
-
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Bookbuilding IPO
Listing On
BSE, NSE
Registrar
Kfin Technologies Limited
IPO Tentative Timetable
Promoters
Pre issue Share Holding
100%
Post issue Share Holding
75.91%
Company Promoters
- -
Lead Managers
Jm Financial Limited
Bofa Securities India Limited
Morgan Stanley India Company Pvt Ltd
J.P. Morgan India Private Limited
Kotak Mahindra Capital Company Limited
Axis Capital Limited
Citigroup Global Markets India Private Limited
Iifl Securities Ltd
Motilal Oswal Investment Advisors Limited
SBI Capital Markets Limited
Live Subscription
| Date | QIB | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | Total |
|---|---|---|---|---|---|---|
| May 26, 2025 | 0.03 | 0.03 | 0.03 | 0.05 | 0.21 | 0.07 |
| May 27, 2025 | 0.12 | 0.11 | 0.11 | 0.13 | 0.43 | 0.17 |
| May 28, 2025 | 7.82 | 1.08 | 1.21 | 0.82 | 0.87 | 4.72 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 34 | ₹14,790 |
| Retail (Max) | 13 | 442 | ₹1,92,270 |
| S-HNI (Min) | 14 | 476 | ₹2,07,060 |
| S-HNI (Max) | 67 | 2,278 | ₹9,90,930 |
| B-HNI (Min) | 68 | 2,312 | ₹10,05,720 |
Key Performance Indicator
| KPI | Values |
|---|---|
| RoNW | 1.32% |
| Price to Book Value | 2.92 |
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 2,41,37,932 (54.55%) | NA |
| NII (HNI) Shares Offered | 1,20,68,966 (27.27%) | - |
| bNII > ₹10L | 80,45,977 (18.18%) | 16,903 |
| sNII < ₹10L | 40,22,989 (9.09%) | 8,451 |
| Retail Shares Offered | 80,45,977 (18.18%) | 2,36,646 |
| Total Shares Offered | 4,42,52,875 (100%) | - |
Company Financial
| 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 |
About Company
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.
Company Contact
the leela palace, diplomatic enclave,africa avenue,netaji nagar
Phone: +91 22 6901 5454
Email: cs@theleela.com
Website: http://www.theleela.com/
Registrar Contact
Phone: 04067162222, 04079611000
Email: leelahotels.ipo@kfintech.com