IPO Snapshot
 
Schloss Bangalore Ltd.
Issue Open Date 26-May-25  
Issue Closing Date 28-May-25  
Application Money 100  
Allotment Money  
Price Band 413 - 435  
Minimium Application No. 34  
Issue Size (Shares) 84745762  
Market Lot 1  
Objective
1. Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings, interestaccrued and prepayment penalties, as applicable, availed by:(a) Our Company; and(b) Certain of our wholly owned Subsidiaries and step-down subsidiaries, namely, SchlossChanakya, Schloss Chennai, Schloss Udaipur and TPRPL, through investment in suchSubsidiaries; and2. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors        
Qualified Institutional Buyers        
Retail Individual Investors        
Business Description:
We are the only institutionally owned and managed pure-play luxury hospitality company in India (Source: HVSReport). We own, operate, manage and develop luxury hotels and resorts under “The Leela” brand. The Leelabrand was ranked as #1 among the world’s best hospitality brands in 2020 and 2021, and among the world’s topthree hospitality brands in 2023 and 2024, by Travel + Leisure World’s Best Awards Surveys. In 1986, the LateCaptain C.P. Krishnan Nair laid the foundation of The Leela brand, and we have since then focused on building aluxury brand specializing in Indian hospitality. The Leela brand and properties have won over 250 awards sinceJanuary 2021, which demonstrates our contribution to India’s luxury hospitality landscape. Our mission is deeplyrooted in the traditional Indian hospitality belief of “Atithi Devo Bhava” (Guest is God). Our goal is to offer ourguests luxury experiences with premier accommodation, exclusivity and personalized service, inspired by theethos of Indian hospitality. We aim to maintain our position as a world-class luxury hospitality brand.
Promoter's Holding
Total Share Capital   276486614  
Offered to Public   84745762  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)    
Address
The Leela Palace
Diplomatic Enclave
Africa Avenue
Netaji Nagar
South Delhi
New Delhi ,
Delhi ,
110023
Phone :
Email : cs@theleela.com
Website : www.theleela.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Axis Capital Ltd.
BofA Securities India Ltd.
Citigroup Global Markets India Pvt Ltd.
ICICI Securities Ltd
IIFL Securities Ltd.
JM Financial Ltd.
JP Morgan India Pvt Ltd
Kotak Mahindra Capital Co Ltd
Morgan Stanley India Co Pvt Ltd
Motilal Oswal Investment Advisors Pvt Ltd
SBI Capital Markets Ltd
Promoters
BSREP III Joy (Two) Holdings (DIFC) Ltd.
BSREP III Tadoba Holdings (DIFC) Pvt Ltd.
Project Ballet Bangalore 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.