The Indian hotel industry is projected to reach USD 13.92 billion by 2029. A key player in this industry is the Leela Palace Hotels, also known as the Schloss Bangalore. As of May 31, 2025, it manages 3,553 keys across 13 operational hotels.
The hotel chain has announced an IPO. The lead managers of the Schloss Bangalore IPO are JM Financial Limited, Morgan Stanley India Company Private Limited, Kotak Mahindra Capital Company Limited, JP Morgan India Private Limited, IIFL Capital Services Limited, etc.
The Registrar to the offer is Kfin Technologies Ltd.
For detailed information, please refer to the RHP.
Note: For 50% of the shares, the anchor lock-in period expires 30 days following the actual allocation, and for the remaining part, it ends 90 days later.
Schloss Bangalore is one of the luxury hospitality companies. The company profile highlights the following key aspects.
Check out these details about the promoters of Schloss Bangalore Pvt before choosing the Schloss Bangalore IPO.
The Leela Palace IPO has seen flat interest in the grey market, with a premium of INR 2 per share.
However, certain anticipated takeaways from the timeline are discussed below.
The public issue is heavily inclined towards institutional buyers. 75% is earmarked for QIBs, while 15% is set aside for NIIs, and just 10% is available to retail investors.
The minimum lot size stands at 34 equity shares, and you can bid in multiples of 34 from thereon.
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The size of the Schloss IPO is discussed in this section.
The table below shows the anticipated highlights of the Leela Palace IPO.
The table below highlights the previous funding rounds of Schloss Bangalore.
Schloss Bangalore is a privately held company whose financial statements are available on its official website. Check out these highlights that you must know before investing in it.
The key ratios that can help analyse the financial health are discussed below.
Let’s take a look at the current PE ratio and compare it with the industry standard.
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The possible strengths and risks associated with the Schloss Bangalore IPO are discussed below.
Strengths
Operates under the well-known ‘The Leela’ brand. It carries strong recall in the luxury hotel space and helps draw high-end guests.
Runs 13 premium hotels across India, mixing owned, managed, and franchise models.
With more people travelling for both leisure and business, India’s high-end hotel market is on a steady growth path.
The IPO proceeds will go towards clearing loans.
It is backed by Brookfield Asset Management, which adds confidence to their financial strength.
Risks
Even after the planned repayments, borrowings might remain large.
Changes in the economy, health crises, or travel restrictions can impact hotel bookings and overall revenue.
Competes with several top-tier hotel brands.
A large portion of income comes from select properties.
A chunk of this IPO is for current shareholders selling their stakes.
The Schloss Bangalore IPO is a highlight of the hotel industry in 2025. But before applying, investors often look closely at the numbers and past performance to make a wise call.
Click here to apply for the IPO soon!
