Leela Hotels IPO Details
The Leela Hotels IPO is a book build issue with a total issue size of ₹3500 cr, comprising of fresh issue of 57471264 equity shares., and a offer for sale of 22988505 equity shares. Leela Hotels IPO opened for subscription on May 26, 2025 and closed on May 28, 2025. Leela Hotels IPO is set price band at ₹413 to ₹435 per share, with a lot size of 34 shares. Minimum investment for Retail investors was ₹14,790.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on May 29, 2025, and listed on both the NSE and BSE on Jun 02, 2025.
Kfin Technologies Limited has been appointed as the registrar. Citigroup Global Markets India Private Limited, IIFL Capital Services Limited, Bofa Securities India Limited, Axis Capital Limited, Morgan Stanley India Company Private Limited, J.P. Morgan India Private Limited, Motilal Oswal Investment Advisors Pvt Ltd, JM Financial Limited, Kotak Mahindra Capital Company Limited and SBI Capital Markets Limited are the Book Running Lead Manager for the issue.
Before investing in the Leela Hotels IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 413 – 435
- Lot Size
- 34
- Issue Size
- ₹3500 Cr
- Minimum Investment
- ₹14790 (34 Shares)
- Listing Date
- 02 June 2025
Current GMP
₹2 (+0.46%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Schloss Bangalore Limited
Schloss Bangalore Limited operates luxury hotels and resorts under the prestigious Leela brand, founded in 1986 and rooted in traditional Indian hospitality. Ranked among the world’s top hospitality brands by Travel + Leisure, The Leela has won over 250 awards since 2021. As of March 31, 2025, the company manages a portfolio of 13 operational hotels across India with 3,553 keys, including five owned, seven managed, and one franchised property. Its properties are located in key business and leisure markets, covering a significant share of both domestic and international air traffic.
The company’s owned hotels—referred to as “modern palaces”—consistently outperform industry averages in ARR, RevPAR, and guest satisfaction. Its asset-light managed portfolio also delivers strong returns and high Net Promoter Scores. Schloss Bangalore Limited is expanding with seven new hotels (678 keys) by 2028 across new tourism segments and cities.
Since the 2019 acquisition by Brookfield, a global asset manager with extensive real estate and hospitality experience, the company has strengthened its leadership, improved financial performance, and launched growth initiatives, including a right of first offer agreement for future hotel acquisitions. Schloss Bangalore Limited aims to sustain its leadership in luxury hospitality through strategic expansion and exceptional guest experiences.
Leela Hotels IPO Promoters
- Project Ballet Bangalore Holdings (DIFC) Pvt Ltd
- BSREP III Joy (Two) Holdings (DIFC) Limited
- BSREP III Tadoba Holdings (DIFC) Pvt Ltd
- Project Ballet Chennai Holdings (DIFC) Pvt Ltd
- Project Ballet Gandhinagar Holdings (DIFC) Pvt Ltd
- Project Ballet HMA Holdings (DIFC) Pvt Ltd
- Project Ballet Udaipur Holdings (DIFC) Pvt Ltd
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
0.00%
Leela Hotels IPO Objective
The Company Leela Hotels IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
1. Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings, interest accrued and prepayment penalties, as applicable, availed by:
(a) Our Company; and
(b) Certain of our wholly owned Subsidiaries and step-down subsidiaries, namely, Schloss Chanakya, Schloss Chennai, Schloss Udaipur and TPRPL, through investment in such Subsidiaries; and
2. General corporate purposes.
Address / Contact Info
Schloss Bangalore Limited
The Leela Palace,
Diplomatic Enclave,
Africa Avenue, Netaji
Nagar, South Delhi,
New Delhi, 110 023
Phone: +91 22 6901 5454
Email: cs@theleela.com
Website: http://www.theleela.com/
IPO Snapshot
Book Running Lead Managers
- Citigroup Global Markets India Private Limited
- IIFL Capital Services Limited
- Bofa Securities India Limited
- Axis Capital Limited
- Morgan Stanley India Company Private Limited
- J.P. Morgan India Private Limited
- Motilal Oswal Investment Advisors Pvt Ltd
- JM Financial Limited
- Kotak Mahindra Capital Company Limited
- SBI Capital Markets Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Leela Hotels IPO is a Book-building IPO with a total issue size of ₹3500 crore. The Leela Hotels IPO price band is ₹413 to 435 per share. The Leela Hotels IPO subscription opens on Mon, May 26, 2025, and closes on Wed, May 28, 2025. The Leela Hotels IPO will be listed on the BSE,NSE. Kfin Technologies Limited is the registrar for the Leela Hotels IPO.
The Leela Hotels IPO opens on Mon, May 26, 2025 and closes on Wed, May 28, 2025
Leela Hotels IPO Price Band is ₹413 to 435 per share.
Leela Hotels IPO lot size is 34 shares, Retail investors need a minimum investment of ₹14790 based on the upper price band
The minimum investment for Leela Hotels IPO is ₹14790, based on one lot of 34 shares at the upper price band of ₹435 per share.
Investors can apply for the Leela Hotels IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, May 28, 2025. The application amount remains blocked until the Leela Hotels IPO allotment is finalized.
Leela Hotels IPO issue size is ₹3500 crores.
Leela Hotels IPO allotment date is Wed, Jul 1, 2026.
The registrar for Leela Hotels IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check Leela Hotels IPO allotment status, refund processing, and other IPO-related information.
The Leela Hotels IPO GMP (Grey Market Premium) is ₹2 as of Mon, Jun 2, 2025. Based on the upper price band of ₹435 per share, the estimated Leela Hotels IPO listing price is ₹437, indicating a potential listing gain of approximately 0% over the issue price.