Schloss Bangalore Limited IPO
Schloss Bangalore Limited IPO
Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹413 - ₹435

Total Issue

₹3,500 Cr

Bid Dates

26 May - 28 May

Subscription

4.74x

Listing Price

₹406 (-6.67%)

Website RHP Check Allotment

Valuation

Market Cap

₹14,527.17 Cr

P/E Ratio

220.81x

P/B Ratio

2.92x

Leela Hotels IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

The Leela is a leading luxury hospitality brand in India, known for its Palaces, Hotels, and Resorts. As of March 31, 2025, the brand’s portfolio includes 13 operational properties with a total of 3,553 keys. This comprises five hotels owned directly by The Leela, seven managed under hotel management agreements with third-party owners, and one operated by a third party under a franchise arrangement. The company continues to expand its presence through a mix of ownership, management, and franchise models, delivering premium experiences across its properties.

Leela Hotels IPO Lot Size

Lot Information for Leela Hotels IPO
Category 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
Allocate Funds

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
₹0.00
Shareholder
₹0.00

Leela Hotels IPO Size

Total ₹3,500 Cr
Fresh Issue
₹2,500 Cr (5.75 Cr Shares)
Offer For Sale
₹1,000 Cr (2.30 Cr Shares)

Objects of Issue

  1. Repayment of certain outstanding borrowings, interest accrued and prepayment penalties, as applicable
  2. General corporate purposes

Leela Hotels IPO Live Subscription

Updated as on 28-May-2025 19:00:00

Leela Hotels IPO Subscription Status (Mainboard)
Category Sub (x) Offered Bids
QIB 7.86 2,41,37,932 18,96,63,322
NII 1.08 1,20,68,966 1,29,96,908
bHNI 1.21 80,45,977 97,04,076
sHNI 0.82 40,22,989 32,92,832
Retail 0.87 80,45,977 70,13,622
Total 4.74 4,42,52,875 20,96,73,852

Leela Hotels IPO Details Live GMP

GMP ₹4
Est. Price ₹439
Est. Gain 0.92%

Leela Hotels IPO Peer Comparison

(Rs. in crores)

Leela Hotels IPO Peer Comparison Table
Particulars Schloss Bangalore Limited Indian Hotels Co. EIH Chalet Hotels Juniper Hotels Ventive Hospitality
Revenue from Ops (in Crs.) 1,171.45 6,768.75 2,511.27 1,417.25 817.66 1,842.07
PAT (In Crs.) -2.13 1,330.24 677.71 278.18 23.80 -66.75
EPS - Basic -0.12 8.86 10.22 13.54 1.46 -5.24
NAV per share -160.57 71.16 65.34 84.74 119.34 157.13
RONW NA 13.13% 16.58% 15.03% 0.90% -1.82%
EBITDA 48.92% 33.66% 39.68% 42.06% 38.69% 45.60%
PAT Marginc -0.17% 19.14% 25.81% 19.36% 2.88% -3.50%
Price to earning (PE) -3,625.00 86.43 36.24 59.93 197.91 NA
  • All information pertains to FY 2023-24.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of May 7, 2025 for Peers

Leela Hotels IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Leela Hotels IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 1,300.57 1,171.45 860.06
Profit after Tax 47.66 -2.13 -61.68
Net Worth 3,604.99 -2,825.72 -2,511.96
Total Borrowing 3,908.75 4,242.18 3,696.18
Total Assets 8,266.16 7,061.88 5,875.54
NAV per share (in ₹) 148.88 -160.57 -142.74
EPS - Basic (in ₹) 1.97 -0.12 -3.50

Key Performance Indicators (KPIs)

EBITDA

49.78%

PAT

3.39%

Average occupancy

65.19%

RONW

1.32%

Average room rate

16,408.67

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

1.03%

Public

98.97%

Promoters Project Ballet Bangalore Holdings 63.65%
BSREP III Tadoba Holdings 15.81%
Project Ballet HMA Holdings 7.10%
Project Ballet Chennai Holdings 5.91%
BSREP III Joy (Two) Holdings 4.08%
Project Ballet Udaipur Holdings 2.42%

Management

Deepak Parekh
Chairman
Anuraag Bhatnagar
CEO
Ravi Shankar
CFO

Registrar & Lead Managers

Registrar

KFin Technologies

Company Details

Name: Schloss Bangalore Limited

Address: The Leela Palace, Diplomatic Enclave, Africa Avenue, Netaji Nagar, South Delhi, New Delhi, Delhi, 110 023, India

Number: +91 22 6901 5454

Email: cs@theleela.com

Website: www.theleela.com

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Frequently Asked Questions (FAQs)

What is Leela Hotels IPO?
Leela Hotels IPO is a Mainboard IPO having an issue size of ₹3,500 Crs. Leela Hotels IPO is priced at ₹413 - ₹435 per share. The issue opens on 26 May 25 and closes on 28 May 25.
When will Leela Hotels IPO open?
Leela Hotels IPO opens on 26 May 25 and closes on 28 May 25.
What is the GMP of Leela Hotels IPO?
The estimated Grey Market Premium of Leela Hotels IPO is ₹4 per share (0.92%).
What is the lot size of Leela Hotels IPO?
The minimum lot size of Leela Hotels IPO is 34 shares & the minimum application amount is Rs. 14790.
When is the allotment of Leela Hotels IPO?
The allotment date of Leela Hotels IPO is 29 May 25.
What is the listing date of Leela Hotels IPO?
The listing date of Leela Hotels IPO is 02 Jun 25.
What is the subscription of Leela Hotels IPO?
Leela Hotels IPO is subscribed 4.50 times.
What is the price band of Leela Hotels IPO?
Leela Hotels IPO is priced at ₹413 - ₹435 per share.
How to check allotment status of Leela Hotels IPO?
Click the allotment link on Leela Hotels IPO page of IPO360.
How to apply Leela Hotels IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Leela Hotels IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Leela Hotels IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Leela Hotels IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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