{"id":6942,"date":"2025-05-22T09:30:00","date_gmt":"2025-05-22T04:00:00","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=6942"},"modified":"2025-05-22T09:30:00","modified_gmt":"2025-05-22T04:00:00","slug":"review-of-schloss-bangalore-ipo","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/review-of-schloss-bangalore-ipo\/","title":{"rendered":"Review of Schloss Bangalore Limited IPO (Leela Hotels IPO): Lot Size, Check Issue Date, Price"},"content":{"rendered":"\n<p><strong>Schloss Bangalore IPO Price: <\/strong>\u20b9413 to \u20b9435 per share<strong><br>IPO Dates:<\/strong> 26th May 2025 &#8211; 28th May 2025<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:35%\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"2560\" height=\"1687\" src=\"https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/05\/The_Leela_Palaces_Hotels_and_Resorts_logo.svg.png\" alt=\"Schloss Bangalore Limited logo (Leela Hotels)\" class=\"wp-image-6947\" style=\"width:290px;height:auto\" srcset=\"https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/05\/The_Leela_Palaces_Hotels_and_Resorts_logo.svg.png 2560w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/05\/The_Leela_Palaces_Hotels_and_Resorts_logo.svg-300x198.png 300w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/05\/The_Leela_Palaces_Hotels_and_Resorts_logo.svg-1024x675.png 1024w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/05\/The_Leela_Palaces_Hotels_and_Resorts_logo.svg-768x506.png 768w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/05\/The_Leela_Palaces_Hotels_and_Resorts_logo.svg-1536x1012.png 1536w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2025\/05\/The_Leela_Palaces_Hotels_and_Resorts_logo.svg-2048x1350.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:65%\">\n<h2 class=\"wp-block-heading\"><strong>Company Overview<\/strong><\/h2>\n\n\n\n<p>Schloss Bangalore Limited, incorporated on March 20, 2019, in New Delhi, is India&#8217;s leading luxury hospitality company. The company was originally established as \u201cSchloss Bangalore Pvt. Ltd.\u201d and later converted into a public limited company on May 30, 2024. It operates under the globally acclaimed brand \u201cThe Leela,\u201d offering luxury accommodations and personalised services inspired by Indian heritage.<\/p>\n\n\n\n<p>The company is promoted by private equity funds managed and advised by affiliates of Brookfield, one of the world\u2019s largest alternative asset managers, known for its deep local expertise and global presence.<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><strong><strong>Business Model and Operations<\/strong><\/strong><\/strong><\/h2>\n\n\n\n<p>Schloss Bangalore Limited owns, operates, manages, and develops luxury hotels and resorts across India. It operates through:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Owned Portfolio<\/strong>: Direct ownership of hotels<\/li>\n\n\n\n<li><strong>Managed Portfolio<\/strong>: Hotel management agreements with third-party owners<\/li>\n\n\n\n<li><strong>Franchise Arrangement<\/strong>: One hotel owned and operated by a third party under a franchise model<\/li>\n<\/ul>\n\n\n\n<p>As of March 31, 2025, the company\u2019s operational portfolio comprises 13 hotels with 3,553 keys, making it one of India\u2019s largest luxury hospitality companies by number of keys. It also runs 67 restaurants, bars, and cafes, along with 12 spas and wellness sanctuaries, and offers comprehensive event-hosting services for India\u2019s premium MICE (Meetings, Incentives, Conferences, and Exhibitions) market.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><strong>Owned Portfolio<\/strong><\/strong><\/h2>\n\n\n\n<p>The company owns five landmark hotels with a total of 1,216 keys, located in key Indian cities:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The Leela Palace Bengaluru<\/strong>: Located in the central business district, this 8.23-acre property caters to both business and leisure travelers.<\/li>\n\n\n\n<li><strong>The Leela Palace Chennai<\/strong>: A 4.8-acre sea-facing hotel on the Marina, inspired by Chettinad architecture, offering views of the Bay of Bengal.<\/li>\n\n\n\n<li><strong>The Leela Palace New Delhi<\/strong>: Spread across 3 acres in Chanakyapuri, near over 60 embassies and high commissions.<\/li>\n\n\n\n<li><strong>The Leela Palace Jaipur<\/strong>: An 8.1-acre retreat near Jaipur\u2019s heritage sites, awarded <em>Best Family Hotel<\/em> (Travel + Leisure India, 2022) and listed in <em>Top 20 Best Hotels in India<\/em> (Conde Nast Traveler, 2023).<\/li>\n\n\n\n<li><strong>The Leela Palace Udaipur<\/strong>: A 7-acre lakeside property overlooking Lake Pichola and the City Palace.<\/li>\n<\/ul>\n\n\n\n<p>The company is also developing a spa in collaboration with Soneva at The Leela Palace Bengaluru, expected to be completed in FY2026.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><strong><strong>Brand Recognition and Awards<\/strong><\/strong><\/strong><\/h2>\n\n\n\n<p>The Leela brand has consistently garnered international acclaim for its excellence in luxury hospitality. It was ranked as the #1 hospitality brand in the world by the <em>Travel + Leisure<\/em> World\u2019s Best Awards in both 2020 and 2021. Continuing its strong global reputation, the brand was also recognized among the Top 3 hospitality brands worldwide in 2023 and 2024.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><strong><strong>Strategic Presence<\/strong><\/strong><\/strong><\/h2>\n\n\n\n<p>Schloss Bangalore Limited has established a strong footprint across 10 key business and leisure destinations in India. These locations collectively account for approximately 80% of international air traffic and 59% of domestic air traffic in the country, as of FY2025, positioning the company advantageously to attract both global and domestic travelers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Competitive Strengths<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Strong Brand with Global Appeal<\/strong>: Operating under \u201cThe Leela,\u201d a globally recognised brand known for its heritage and service quality<\/li>\n\n\n\n<li><strong>Strategic Assets<\/strong>: Ownership of marquee hotels in high-entry barrier markets<\/li>\n\n\n\n<li><strong>Diversified Revenue Streams<\/strong>: Through room stays, F&amp;B outlets, spas, and event services<\/li>\n\n\n\n<li><strong>Operational Efficiency<\/strong>: Proven asset management approach to optimise performance<\/li>\n\n\n\n<li><strong>Experienced Leadership<\/strong>: Led by a seasoned senior management team and an expert board<\/li>\n\n\n\n<li><strong>Support from Brookfield<\/strong>: Backed by a world-class investor with local execution capability<\/li>\n<\/ul>\n\n\n\n<div style=\"height:19px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-background has-medium-font-size\" style=\"background:linear-gradient(115deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);font-style:normal;font-weight:700\">Bidding Starts In<\/h2>\n\n\n<div\n\t\tclass=\"free align wp-block-ctb-countdown-time\"\tid='ctbCountdownTime-1'\n\tdata-nonce='&quot;1f40332ce4&quot;'\n\tdata-attributes='{&quot;destDate&quot;:&quot;2025-05-26T10:00:00&quot;,&quot;padding&quot;:{&quot;vertical&quot;:&quot;10px&quot;,&quot;horizontal&quot;:&quot;15px&quot;,&quot;side&quot;:4,&quot;top&quot;:&quot;10px&quot;,&quot;right&quot;:&quot;15px&quot;,&quot;bottom&quot;:&quot;10px&quot;,&quot;left&quot;:&quot;15px&quot;},&quot;shadow&quot;:{&quot;hOffset&quot;:&quot;1px&quot;,&quot;color&quot;:&quot;rgba(204, 31, 31, 1)&quot;},&quot;boxBG&quot;:{&quot;type&quot;:&quot;solid&quot;,&quot;color&quot;:&quot;var(--ast-global-color-5)&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg,rgb(254,209,199) 45%,rgb(254,141,198) 100%)&quot;},&quot;boxBorder&quot;:{&quot;radius&quot;:&quot;5%&quot;,&quot;color&quot;:&quot;var(--ast-global-color-3)&quot;,&quot;width&quot;:&quot;3px&quot;},&quot;boxShadow&quot;:{&quot;color&quot;:&quot;rgba(57, 64, 67, 1)&quot;,&quot;hOffset&quot;:&quot;2px&quot;,&quot;vOffset&quot;:&quot;2px&quot;,&quot;blur&quot;:&quot;10px&quot;,&quot;spreed&quot;:&quot;2px&quot;},&quot;digitColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;labelColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;isSep&quot;:true,&quot;sepSize&quot;:68,&quot;sepColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;align&quot;:&quot;&quot;,&quot;layout&quot;:&quot;default&quot;,&quot;isResponsive&quot;:true,&quot;boxIsInline&quot;:false,&quot;boxPosition&quot;:&quot;center&quot;,&quot;isLabels&quot;:true,&quot;isDays&quot;:true,&quot;daysLabel&quot;:&quot;Days&quot;,&quot;isHours&quot;:true,&quot;hoursLabel&quot;:&quot;Hours&quot;,&quot;isMinutes&quot;:true,&quot;minutesLabel&quot;:&quot;Minutes&quot;,&quot;isSeconds&quot;:true,&quot;secondsLabel&quot;:&quot;Seconds&quot;,&quot;isExpired&quot;:false,&quot;hideOn0&quot;:false,&quot;hideOnMobile&quot;:false,&quot;hideOnTablet&quot;:false,&quot;prefixSuffixDirection&quot;:&quot;row&quot;,&quot;prefixText&quot;:&quot;&quot;,&quot;suffixButtonText&quot;:&quot;&quot;,&quot;suffixButtonUrl&quot;:&quot;#&quot;,&quot;addID&quot;:&quot;&quot;,&quot;addClass&quot;:&quot;&quot;,&quot;addCSS&quot;:&quot;&quot;,&quot;width&quot;:&quot;0px&quot;,&quot;background&quot;:{&quot;color&quot;:&quot;#0000&quot;},&quot;alignment&quot;:&quot;center&quot;,&quot;boxWidth&quot;:&quot;170px&quot;,&quot;boxHeight&quot;:&quot;120px&quot;,&quot;boxSpace&quot;:&quot;30px&quot;,&quot;digitTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;48px&quot;,&quot;tablet&quot;:&quot;40px&quot;,&quot;mobile&quot;:&quot;32px&quot;}},&quot;labelTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;18px&quot;,&quot;tablet&quot;:&quot;17px&quot;,&quot;mobile&quot;:&quot;16px&quot;}},&quot;isDaysSingleStyle&quot;:false,&quot;daysBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;daysDigitColor&quot;:&quot;#fff&quot;,&quot;daysLabelColor&quot;:&quot;#fff&quot;,&quot;isHoursSingleStyle&quot;:false,&quot;hoursBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;hoursDigitColor&quot;:&quot;#fff&quot;,&quot;hoursLabelColor&quot;:&quot;#fff&quot;,&quot;isMinutesSingleStyle&quot;:false,&quot;minutesBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;minutesDigitColor&quot;:&quot;#fff&quot;,&quot;minutesLabelColor&quot;:&quot;#fff&quot;,&quot;isSecondsSingleStyle&quot;:false,&quot;secondsBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;secondsDigitColor&quot;:&quot;#fff&quot;,&quot;secondsLabelColor&quot;:&quot;#fff&quot;,&quot;sepType&quot;:&quot;:&quot;,&quot;prefixTextTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;15px&quot;}},&quot;prefixTextColor&quot;:&quot;#222&quot;,&quot;suffixButtonTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;16px&quot;}},&quot;suffixButtonColors&quot;:{&quot;color&quot;:&quot;#fff&quot;,&quot;bg&quot;:&quot;#222&quot;},&quot;suffixButtonPadding&quot;:{&quot;vertical&quot;:&quot;14px&quot;,&quot;horizontal&quot;:&quot;28px&quot;},&quot;isDismiss&quot;:false,&quot;dismissColor&quot;:&quot;#333&quot;}'\n\tdata-content='&quot;&quot;'\n><\/div>\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<div class=\"wp-block-buttons alignfull is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-03627597 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100 is-style-fill\"><a class=\"wp-block-button__link has-ast-global-color-5-color has-text-color has-link-color has-medium-font-size has-custom-font-size wp-element-button\" href=\"https:\/\/lakshmishree.com\/ipo\/\" style=\"border-width:18px;border-radius:32px;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--50)\" target=\"_blank\" rel=\"https:\/\/lakshmishree.com\/ipo\/ noreferrer noopener\">APPLY NOW<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Schloss Bangalore&nbsp;IPO<\/strong> Specifics:<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Date<\/td><td>May 26, 2025&nbsp;to&nbsp;May 28, 2025<\/td><\/tr><tr><td>Listing Date<\/td><td>Monday, June 2 2025<\/td><\/tr><tr><td>Face Value<\/td><td>\u20b910&nbsp;per share<\/td><\/tr><tr><td>Price Band<\/td><td>\u20b9413 to \u20b9435 per share<\/td><\/tr><tr><td>Lot Size<\/td><td>34 Shares<\/td><\/tr><tr><td>Total Issue Size<\/td><td>8,04,59,769&nbsp;shares<br>(aggregating up to \u20b93,500.00&nbsp;Cr)<\/td><\/tr><tr><td>Fresh Issue<\/td><td>5,74,71,264&nbsp;shares<br>(aggregating up to \u20b92,500.00&nbsp;Cr)<\/td><\/tr><tr><td>Offer for Sale<\/td><td>2,29,88,505&nbsp;shares<br>(aggregating up to \u20b91,000.00&nbsp;Cr)<\/td><\/tr><tr><td>Issue Type<\/td><td>Book Built Issue IPO<\/td><\/tr><tr><td>Listing At<\/td><td>BSE, NSE<\/td><\/tr><tr><td>Share Holding Pre Issue<\/td><td>17,59,85,320&nbsp;shares<\/td><\/tr><tr><td>Share Holding Post Issue<\/td><td>23,34,56,584&nbsp;shares<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Schloss Bangalore IPO<\/strong> Timetable (Important Dates)<\/h2>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Open Date<\/td><td>Monday, May 26, 2025<\/td><\/tr><tr><td>IPO Close Date<\/td><td>Wednesday, May 28, 2025<\/td><\/tr><tr><td>Basis of Allotment<\/td><td>Thursday, May 29 2025<\/td><\/tr><tr><td>Initiation of Refunds<\/td><td>Friday, May 30 2025<\/td><\/tr><tr><td>Credit of Shares to Demat<\/td><td>Friday, May 30 2025<\/td><\/tr><tr><td>Listing Date<\/td><td>Monday, June 2 2025<\/td><\/tr><tr><td>Cut-off time for UPI mandate confirmation<\/td><td>5 PM on&nbsp;May 28, 2025<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><strong>Schloss Bangalore&nbsp;<\/strong>IPO<\/strong> Lot Size<\/h2>\n\n\n\n<p>Bidders have the opportunity to bid for a minimum of 34 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.<\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Application<\/th><th>Lots<\/th><th>Shares<\/th><th>Amount<\/th><\/tr><\/thead><tbody><tr><td>Retail (Min)<\/td><td>1<\/td><td>34<\/td><td>\u20b914,790<\/td><\/tr><tr><td>Retail (Max)<\/td><td>13<\/td><td>442<\/td><td>\u20b91,92,270<\/td><\/tr><tr><td>S-HNI (Min)<\/td><td>14<\/td><td>476<\/td><td>\u20b92,07,060<\/td><\/tr><tr><td>S-HNI (Max)<\/td><td>67<\/td><td>2,278<\/td><td>\u20b99,90,930<\/td><\/tr><tr><td>B-HNI (Min)<\/td><td>68<\/td><td>2,312<\/td><td>\u20b910,05,720<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Schloss Bangalore&nbsp;<strong>IPO<\/strong> Reservation<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>QIB Shares Offered<\/td><td>Not more than 75% of the Net offer<\/td><\/tr><tr><td>Retail Shares Offered<\/td><td>Not less than 10% of the Offer<\/td><\/tr><tr><td>NII (HNI) Shares Offered<\/td><td>Not less than 15% of the Offer<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Schloss Bangalore&nbsp;<strong>Limited IPO Financial Information<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Period Ended<\/th><th>31 Mar 2023<\/th><th>31 Mar 2024<\/th><th>31 Mar 2025<\/th><\/tr><\/thead><tbody><tr><td>Assets<\/td><td>5875.54<\/td><td>7061.88<\/td><td>8266.16<\/td><\/tr><tr><td>Revenue<\/td><td>903.27<\/td><td>1226.50<\/td><td>1406.56<\/td><\/tr><tr><td>Profit After Tax<\/td><td>-61.68<\/td><td>-2.13<\/td><td>47.66<\/td><\/tr><tr><td>Net Worth<\/td><td>-2511.96<\/td><td>-2825.72<\/td><td>3604.99<\/td><\/tr><tr><td>Reserves and Surplus<\/td><td>-2582.80<\/td><td>-2906.20<\/td><td>3280.43<\/td><\/tr><tr><td>Total Borrowing<\/td><td>3696.18<\/td><td>4242.18<\/td><td>3908.75<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><small>Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Key Performance Indicator &#8211; <strong><strong>Schloss Bangalore&nbsp;<\/strong>IPO<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>KPI<\/th><th>Values<\/th><\/tr><\/thead><tbody><tr><td>Market Cap<\/td><td>\u20b9 10,155.36 Cr<\/td><\/tr><tr><td>EPS<\/td><td>\u20b92.71<\/td><\/tr><tr><td>P\/E (x)<\/td><td>160.63<\/td><\/tr><tr><td>RoNW<\/td><td>1.32%<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><sub><sup>as of Mar 31, 2024<\/sup><\/sub><\/figcaption><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Objects of the Issue:<\/strong><\/h2>\n\n\n\n<p>Leela Hotels plans to utilise the net proceeds from its IPO for the following purposes:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>To repay, prepay, or redeem, either fully or partially, certain outstanding borrowings taken by the Company and its subsidiaries\u2014Schloss Chanakya, Schloss Chennai, Schloss Udaipur, and TPRPL\u2014through investments made in these subsidiaries.<\/li>\n\n\n\n<li>To meet general corporate expenses.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prospectus Links:<\/strong><\/h2>\n\n\n\n<p><strong>Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. <\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-left is-layout-flex wp-container-core-group-is-layout-7aba0d93 wp-block-group-is-layout-flex\" style=\"padding-top:0;padding-bottom:0\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p class=\"has-ast-global-color-0-color has-text-color has-link-color wp-elements-422401979aae0d6b7799f90dc3b4a90c\"><a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/sep-2024\/schloss-bangalore-limited_86948.html\" target=\"_blank\" rel=\"noreferrer noopener\">Schloss Bangalore Limited IPO DRHP.<\/a><\/p>\n\n\n\n<p class=\"has-ast-global-color-0-color has-text-color has-link-color wp-elements-250cfe39f7a0028fd9c5ad2d60241797\"><a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/may-2025\/schloss-bangalore-limited-rhp_94063.html\" target=\"_blank\" rel=\"noreferrer noopener\">Schloss Bangalore\u00a0Limited IPO RHP<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Schloss Bangalore IPO Price: \u20b9413 to \u20b9435 per shareIPO Dates: 26th May 2025 &#8211; 28th May 2025 Company Overview Schloss Bangalore Limited, incorporated on March 20, 2019, in New Delhi, is India&#8217;s leading luxury hospitality company. The company was originally established as \u201cSchloss Bangalore Pvt. 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