Leela hotels IPO 2025:
Summery on IPO
🏨 Company Overview
Established in 2019, Schloss Bangalore operates The Leela brand, renowned for its luxury hotels and resorts across India. The company currently manages 12 operational hotels with 3,382 keys and plans to expand its portfolio with eight new properties by 2028, including ventures into wildlife and heritage tourism .
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💰 Financial Highlights
In fiscal year 2024, Schloss Bangalore reported a revenue of ₹1,171.5 crore, a 36.2% increase from the previous year. The company has narrowed its losses, with a net loss of ₹2.1 crore in FY24 compared to ₹61.7 crore in FY23 . The IPO proceeds will primarily be used to repay debt, which stood at ₹4,052.5 crore as of May 2024 .
📈 Market Position and Expansion Plans
Schloss Bangalore aims to leverage the IPO to strengthen its position in India's growing luxury hospitality market, which is projected to reach $31 billion by 2029 . The company plans to introduce branded serviced residences integrated with its luxury hotels, catering to affluent buyers seeking premium living spaces .
📅 IPO Details
IPO Opening Date: May 26, 2025
IPO Closing Date: May 28, 2025
Price Band: ₹413 to ₹435 per share
Listing Date: June 2, 2025
| Application | 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 |
| Lot Size Calculator | |||
Leela Hotels IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Offer size |
| Retail Shares Offered | Not more than 10% of the Offer |
| NII (HNI) Shares Offered | Not more than 15% of the Offer |
Investors interested in participating in the IPO should consult with their financial advisors and consider the company's growth prospects and financial health before making investment decisions.
Company Financials
Schloss Bangalore Limited Financial Information (Restated Consolidated)
Schloss Bangalore Limited's revenue increased by 15% and profit after tax (PAT) rose by 2341% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 8,266.16 | 7,061.88 | 5,875.54 |
| Revenue | 1,406.56 | 1,226.50 | 903.27 |
| Profit After Tax | 47.66 | -2.13 | -61.68 |
| Net Worth | 3,604.99 | -2,825.72 | -2,511.96 |
| Reserves and Surplus | 3,280.43 | -2,906.20 | -2,582.80 |
| Total Borrowing | 3,908.75 | 4,242.18 | 3,696.18 |
| Amount in ₹ Crore | |||
[10:40 pm, 25/5/2025] Shubhmalliya: Title kyhttps://www.chittorgarh.net/images/ipo/schloss-bangalore-logo.png
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