Schloss Bangalore Limited IPO
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.
Price Band₹413 - ₹435 |
Dates26 May - 28 May |
GMP₹4 (0.92%) |
Subscriptions4.50 times |
Issue Size₹3,500.00 Crs |
Leela Hotels IPO Objects
- Repayment of certain outstanding borrowings, interest accrued and prepayment penalties, as applicable
- General corporate purposes
Leela Hotels IPO Details
Price Band₹413 - ₹435 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹2,500.00 Cr (5.75 Cr Shares) |
Offer For Sale₹1,000.00 Cr (2.30 Cr Shares) |
Total Issue₹3,500.00 Cr (8.05 Cr Shares) |
Face Value₹10 per equity share |
Leela Hotels IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
34
14,790
Maximum
13
442
1,92,270
|
|||
| Small HNI |
Minimum
14
476
2,07,060
Maximum
67
2,278
9,90,930
|
|||
| Big HNI |
Minimum
68
2,312
10,05,720
|
|||
Leela Hotels IPO Subscription
Updated as on 28-May-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 7.46 | 2,54,23,729 | 18,96,63,322 |
| NII | 1.02 | 1,27,11,864 | 1,29,96,908 |
| bNII (bids above ₹10L) | 1.15 | 84,74,576 | 97,04,076 |
| sNII (bids between ₹2L to ₹10L) | 0.78 | 42,37,288 | 32,92,832 |
| Retail | 0.83 | 84,74,576 | 70,13,622 |
| Total | 4.50 | 4,66,10,169 | 20,96,73,852 |
Leela Hotels IPO GMP
The estimated Grey Market Premium of Leela Hotels IPO is ₹4 per share (0.92%)
Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Leela Hotels IPO Financials
| 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 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 49.78% |
| PAT | 3.39% |
| Average occupancy | 65.19% |
| RONW | 1.32% |
| Average room rate | 16,408.67 |
| PE Ratio | 220.81 |
| PB Ratio | 2.92 |
| Mkt Cap (in Crs.) | 14,527.17 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Leela Hotels IPO Peer Comparision
| 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 Peer Comparision
| Particulars | Schloss Bangalore Limited |
|---|---|
| Revenue from Ops (in Crs.) | 1,171.45 |
| PAT (In Crs.) | -2.13 |
| EPS - Basic | -0.12 |
| NAV per share | -160.57 |
| RONW | NA |
| EBITDA | 48.92% |
| PAT Marginc | -0.17% |
| Price to earning (PE) | -3,625.00 |
| Indian Hotels Co. | EIH | Chalet Hotels | Juniper Hotels | Ventive Hospitality |
|---|---|---|---|---|
| 6,768.75 | 2,511.27 | 1,417.25 | 817.66 | 1,842.07 |
| 1,330.24 | 677.71 | 278.18 | 23.80 | -66.75 |
| 8.86 | 10.22 | 13.54 | 1.46 | -5.24 |
| 71.16 | 65.34 | 84.74 | 119.34 | 157.13 |
| 13.13% | 16.58% | 15.03% | 0.90% | -1.82% |
| 33.66% | 39.68% | 42.06% | 38.69% | 45.60% |
| 19.14% | 25.81% | 19.36% | 2.88% | -3.50% |
| 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
Promoter Details
| Name | Shareholding |
|---|---|
| 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% |
| Project Ballet Gandhinagar Holdings | 1.03% |
Management Details
| Name | Designation |
|---|---|
| Deepak Parekh | Chairman |
| Anuraag Bhatnagar | CEO |
| Ravi Shankar | CFO |
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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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Leela Hotels IPO is a Mainboard IPO having an issue size of Rs. ₹3,500.00 Crs. Leela Hotels IPO is priced at ₹413 - ₹435 per share. The issue opens on 26 May 25 and closes on 28 May 25.
Leela Hotels IPO opens on 26 May 25 and closes on 28 May 25.
The estimated Grey Market Premium of Leela Hotels IPO is ₹4 per share (0.92%).
The minimum lot size of Leela Hotels IPO is 34 shares & the minimum application amount is Rs. 14790.
The allotment date of Leela Hotels IPO is 29 May 25.
The listing date of Leela Hotels IPO is 02 Jun 25.
Leela Hotels IPO is subscribed 4.50 times.
Leela Hotels IPO is priced at ₹413 - ₹435 per share.
Click the allotment link on Leela Hotels IPO page of IPO360.
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