The Schloss Bangalore Limited IPO is opening for subscription on 26 May 2025 and will close on 28 May 2025. This is a mainboard IPO raising ₹3500 crore from a mix of 5.75 crore of fresh equity share issue and offer for sale (OFS) of 2.3 crore shares, amounting to ₹2500 crore and ₹1000 crore, respectively.
The Schloss Bangalore IPO allotment date will be decided on Thursday, 29 May 2025. Schloss Bangalore shares will be tentatively listed on NSE and BSE on Monday, 2 June 2025.
The Schloss Bangalore price band has been set between ₹413 and ₹435 per share. The lot size decided for the IPO is 34 shares, which makes the minimum investment for the retail investors ₹14042. However, if you want to avoid the oversubscription rush, then bidding at the cutoff price would be advisable, and that would make the minimum investments as ₹14790. The sNII has to subscribe to at least 14 lots, making the minimum investment as ₹ 207060, while the bNII needs to subscribe to at least 68 lots, which would be worth ₹1005720.
Here Are the Quick Steps to Apply for the Schloss Bangalore IPO with the Best IPO App!
Schloss Bangalore NSE BSE IPO Details
| Detail | Information |
| IPO Opening Date | May 26, 2025 |
| IPO Closing Date | May 28, 2025 |
| Tentative IPO Listing Date | June 2, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹413 to ₹435 per share |
| Lot Size | 34 shares |
| Total Issue Size | 80459769 Shares (₹3500 Cr.) |
| Fresh Issue | 57471264 Shares (₹2500 Cr.) |
| OFS | 22988505 Shares (₹1000 Cr.) |
| IPO Segment | Book Building IPO |
| Listing At | NSE & BSE |
| Shareholding Pre-Issue | 276486614 shares |
| Shareholding post-issue | 333957878 shares |
Schloss Bangalore Limited | Company Overview
Schloss Bangalore Limited embarked on its journey in 2019 as a luxury hospitality company. It operates under the brand name of “The Leela” in India. It is known for its luxury hotels, and resorts, which the company owns, manages, operates as well as develops. The personalized services and accommodations are the forte of this brand.
As of 31 March 2024, Schloss Bangalore has 12 hotels operational, which have around 3382 rooms to offer. It maintains direct ownership and third-party management for these hotels. Out of these 12, the top five are –
- The Leela Palace in Bengaluru is built across 8.23 acres of land, facilitating an urban ecosystem.
- The Leela Palace Chennai is a 4.8-acre sea-facing property on Chennai Marina. It is a Chettinad architecture-inspired building which offers exquisite views of the Bay of Bengal.
- The Leela Palace New Delhi is a 3-acre property in Chanakyapuri
- The Leela Palace Jaipur which is another 8.1-acre luxury property in Jaipur. It has been awarded as the Best Hotels in 2022 and Top 20 Hotels in India as well.
- The Leela Palace Udaipur is a 7-acre property that offers expansive views of Lake Pichola and the Royal City Palace of Udaipur.
Apart from these luxury hotels, and resorts, the company has around 67 restaurants, cafes, and bars across the country. It includes some of the renowned names such as Jamavar, ZLB 23, Le Cirque, Megu and others. It also has 12 spas, and well centers and other collaborations.
Schloss Bangalore Limited IPO | Key Details
- Schloss Bangalore IPO Opening Date: May 26, 2025,
- Schloss Bangalore IPO Closing Date: May 28, 2025.
- Allotment Date: May 29, 2025
- Price Band: ₹413 to ₹435 per share
- Lot Size: 34 shares
- Refunds Initiated: May 30, 2025
- Shares Credited to Demat: May 30, 2025
- Listing Date: June 2, 2025
Schloss Bangalore Ltd: Financial Overview
Schloss Bangalore Limited saw a massive 2337.56% jump in its profit during FY25, from a 14% rise in the revenue.
Here are the details of the financials of the firm –
Amounts in ₹ Crore
| Financial Information | 31-Mar-25 | 31-Mar-24 | Change | Change (%) |
| Assets | 8,266.16 | 7,061.88 | 1204.3 | 17.05324928 |
| Revenue | 1,406.56 | 1,226.50 | 180.06 | 14.68079902 |
| Profit After Tax | 47.66 | -2.13 | 49.79 | 2337.55869 |
| Net Worth | 3,604.99 | -2,825.72 | 6430.7 | 227.57775 |
| Reserve & Surplus | 3,280.43 | -2,906.20 | 6186.6 | 212.876953 |
| Total Borrowing | 3,908.75 | 4,242.18 | -333.43 | -7.85987393 |
Schloss Bangalore Ltd IPO | FAQs
Schloss Bangalore Ltd is engaged in owning, developing, operating, and maintaining luxury properties in the Indian hospitality sector under the brand name of “The Leela”.
The tentative IPO listing date of Schloss Bangalore has been fixed as Monday, 2 June 2025.
The bidding date for the Schloss Bangalore IPO is May 26, 2025, and it will continue until May 28, 2025.
The minimum IPO lot size for Schloss Bangalore is 34 shares, and for sNII it is 14 lots, for bNII it is 68 lots.
The IPO allotment is expected to be finalized on Thursday, May 29, 2025.
The IPO face value is set at ₹10 per share.
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Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.