Schloss Bangalore IPO Description – Schloss Bangalore stands as India’s sole institutionally owned and managed pure-play luxury hospitality company. It owns, operates, manages, and develops luxury hotels and resorts under the prestigious “The Leela” brand. The Leela Palaces, Hotels and Resorts, established in 1986 by Captain C.P. Krishnan Nair, is India’s premier luxury hospitality brand, recognized as the #1 hospitality brand in 2020 and 2021, and ranked #3 in 2024 by Travel + Leisure. As of 31 March 2025, The Leela operates 13 hotels with 3,553 keys, accounting for nearly 18% of luxury keys in key Indian markets. The brand emphasizes traditional Indian hospitality principles, aiming to provide unparalleled luxury experiences through personalized service and exclusive accommodations.
Since January 2021, The Leela has garnered over 250 awards, showcasing its significant impact on India’s luxury hospitality sector. Its Owned Portfolio includes five iconic hotels designed as “modern palaces,” blending traditional architecture with contemporary amenities. The company plans to expand its footprint by adding eight new hotels by 2028, focusing on wildlife and heritage tourism. As of 31 March 2025, The Leela had 2,657 permanent employees.
Promoters of Schloss Bangalore – Project Ballet Bangalore Holdings (DIFC) Pvt Ltd, Bsrep III Joy (Two) Holdings (DIFC) Limited, Bsrep III Tadoba Holdings (DIFC) Pvt Ltd, Project Ballet Chennai Holdings (DIFC) Pvt Ltd, Project Ballet Gandhinagar Holdings (DIFC) Pvt Ltd, Project Ballet HMA Holdings (DIFC) Pvt Ltd, and Project Ballet Udaipur Holdings (DIFC) Pvt Ltd
Table of Contents
Schloss Bangalore IPO Details
| Schloss Bangalore IPO Dates | 26 – 28 May 2025 |
| Schloss Bangalore Issue Price | INR 413 – 435 per share |
| Fresh issue | INR 2,500 crore |
| Offer For Sale | INR 1,000 crore |
| Total IPO size | INR 3,500 crore |
| Minimum bid (lot size) | 34 shares (INR 14,790) |
| Face Value | INR 10 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
Schloss Bangalore Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 860.06 | 1,171.45 | 1,300.57 |
| Expenses | 963.83 | 1,207.07 | 1,304.30 |
| Net income | (61.68) | (2.13) | 47.66 |
| Margin (%) | (7.17) | (0.18) | 3.66 |
Schloss Bangalore Offer News
- Schloss Bangalore RHP
- Schloss Bangalore DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Schloss Bangalore Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | (3.50) | (0.12) | 1.97 |
| PE Ratio | – | – | 209.64 – 220.81 |
| RONW (%) | NA | NA | 1.32 |
| NAV | (142.74) | (160.57) | 148.88 |
| EBITDA (%) | 46.90 | 48.92 | 49.78 |
| Debt/Equity | (1.56) | (1.55) | 1.07 |
Schloss Bangalore IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 31 May 2025 | 4 | – | 250 |
| 30 May 2025 | 5 | – | 250 |
| 29 May 2025 | 5 | – | 250 |
| 28 May 2025 | 5 | – | 250 |
| 27 May 2025 | 15 | – | 400 |
| 26 May 2025 | 18 | – | 500 |
| 24 May 2025 | 20 | – | 700 |
| 23 May 2025 | 15 | – | 400 |
| 22 May 2025 | 18 | – | 600 |
| 21 May 2025 | 20 | – | 700 |
Schloss Bangalore IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings availed – INR 2,300 crore
- General corporate purposes
Schloss Bangalore IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 2,54,23,729 | 1,27,11,864 | 84,74,576 | 4,66,10,169 |
| 28 May 2025 | 7.46 | 1.02 | 0.83 | 4.50 |
| 27 May 2025 | 0.11 | 0.11 | 0.41 | 0.17 |
| 26 May 2025 | 0.03 | 0.03 | 0.21 | 0.06 |
3,62,06,896 shares allotted to anchor investors are not included in these calculations. Similarly, shares allotted to market makers, if any, are not part of these calculations.
Schloss Bangalore – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Schloss Bangalore | 220.81 | 1.97 | 1.32 | 148.88 | 1,300.57 |
| The Indian Hotels | 59.84 | 13.4 | 16.42 | 87.22 | 8,334.54 |
| EIH Limited* | 37.25 | 10.22 | 16.58 | 65.34 | 2,511.27 |
| Chalet Hotels* | 65.16 | 13.53 | 15.03 | 90.08 | 1,417.25 |
| Juniper Hotels* | 268.18 | 1.46 | 0.90 | 119.34 | 817.66 |
Schloss Bangalore IPO Allotment Status
Schloss Bangalore IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Schloss Bangalore IPO Dates & Listing Performance
| IPO Opening Date | 26 May 2025 |
| IPO Closing Date | 28 May 2025 |
| Finalization of Basis of Allotment | 29 May 2025 |
| Initiation of refunds | 30 May 2025 |
| Transfer of shares to demat accounts | 30 May 2025 |
| Schloss Bangalore IPO Listing Date | 2 June 2025 |
| Opening Price on NSE | INR 406 per share (down 6.67%) |
| Closing Price on NSE | INR 435.55 per share (up 0.13%) |
Schloss Bangalore IPO Reviews – Subscribe or Avoid?
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Schloss Bangalore Offer Lead Manager
JM FINANCIAL LIMITED
7th Floor, Cnergy, Appasaheb Marathe Marg,
Prabhadevi, Mumbai 400 025,
Maharashtra, India
Phone: +91 22 6630 3030
Email: [email protected]
Website: www.jmfl.com
Schloss Bangalore Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Schloss Bangalore Contact Details
SCHLOSS BANGALORE LIMITED
Tower 4, Third Floor, Equinox Business Park,
Kurla West, Mumbai 400 070, Maharashtra, India
Phone: +91 22 6901 5454
Email: [email protected]
Website: www.theleela.com
Schloss Bangalore IPO FAQs
How many shares in Schloss Bangalore IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply for Schloss Bangalore Public Offer?
The best way to apply for Schloss Bangalore public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Schloss Bangalore IPO GMP today?
Schloss Bangalore IPO GMP today is INR 4 per share.
What is the Schloss Bangalore kostak rate today?
Schloss Bangalore kostak rate today is INR NA per application.
What is Schloss Bangalore’s Subject to Sauda rate today?
Schloss Bangalore Subject to Sauda rate today is INR 250 per application.