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Open
26 May 2025
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Close
28 May 2025
3
Allotment
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Listing
Mon, Jun 2, 2025
Price Band
₹413 to ₹435
Issue Size
8,04,59,769 shares (agg. up to ₹3,500 Cr)
Lot Size
34 Shares
Listing Date
Mon, Jun 2, 2025
Latest GMP
₹2
Est. Gain
0.46%
✦ AI Insight
GMP Trend
02-06-2025₹2Est. ₹437+0.46%
01-06-2025₹2Est. ₹437+0.46%
31-05-2025₹2Est. ₹437+0.46%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.05x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 8,266.16 | 7,061.88 | 5,875.54 |
| Total Income | 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ventive Hospitality Ltd. | Mainboard | ₹1,600.00 Cr | ₹643 | -201.01 | ₹704.35 | +9.54% | ₹613.50 (+0.06%) |
| Grand Continent Hotels Ltd. | SME | ₹74.46 Cr | ₹113 | 51.24 | ₹107.25 | -5.09% | ₹114.80 (-0.13%) |
| Jungle Camps India Ltd. | SME | ₹29.42 Cr | ₹72 | 22.88 | ₹129.96 | +80.50% | ₹49.95 (+5.47%) |
| Saj Hotels Ltd. | SME | ₹27.63 Cr | ₹65 | 21.7 | ₹52.45 | -19.31% | ₹44.65 (+14.19%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings, interest accrued and prepayment penalties, as applicable, availed by i. The Company | 1,102.50 |
| 2 | Certain of the wholly owned Subsidiaries and step-down subsidiaries, namely, Schloss Chanakya, Schloss Chennai, Schloss Udaipur and TPRPL, through investment in such Subsidiaries | 1,197.50 |
| 3 | General Corporate Purposes | 64.40 |
| 4 | Issue Expenses | 189.78 |
| Total | 2,554.18 |
About Schloss Bangalore IPO
Schloss Bangalore Limited, established on March 20, 2019, is a luxury hospitality company operating under "The Leela" brand in India. It owns, operates, manages, and develops luxury hotels and resorts, offering premier accommodations and personalised services inspired by Indian hospitality. As of May 31, 2024, Schloss Bangalore Limited is one of India's largest luxury hospitality companies by number of keys, with a portfolio of 12 operational hotels comprising 3,382 keys. The portfolio includes The Leela Palaces, The Leela Hotels, and The Leela Resorts. The company operates through direct ownership and hotel management agreements with third-party owners. The owned portfolio comprises five landmark hotels with 1,216 keys across key business and leisure destinations: Bengaluru, Chennai, New Delhi, Jaipur, and Udaipur. These hotels, renowned as modern palaces, blend traditional Indian architecture with contemporary luxury. Owned Portfolio Highlights: The Leela Palace Bengaluru – An 8.23-acre urban ecosystem in the central business district, catering to business and leisure travelers. The Leela Palace Chennai – A 4.8-acre sea-facing palace on the Chennai marina, inspired by Chettinad a
Contact Details
Schloss Bangalore Ltd. AddressThe Leela Palace, Diplomatic EnclaveAfrica AvenueNetaji NagarNew Delhi, New Delhi, 110023+91 22 6901 5454cs@theleela.comVisit Website