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Schloss Bangalore Ltd

Schloss Bangalore Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹435
₹435
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹435
Based on GMP
Min. Investment
₹14,790
1 lot × 34 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
26 May 2025
Close Date
28 May 2025
Allotment
29 May 2025
Listing Date
02 Jun 2025
Exchange
NSE & BSE
Price Band
₹435
Listing Price
See chart
Allotment Status
Price Band
₹435
Per share
Face Value
₹10 per share
 
Lot Size
34 Shares
per lot
Issue Size
8,04,59,769 shares (agg. up to ₹3,500 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,790
1 lot
Pre-IPO Holding
27,64,86,614 shares
Promoters
Post-IPO Holding
33,39,57,878 shares
Promoters
P/E (Pre)
160.63x
 
P/E (Post)
213.09x
 
EPS (Pre)
₹2.71
 
EPS (Post)
₹2.04
 
UPI Deadline
5:00 PM on 28 May 2025
Mandate
Anchor AllotmentFri, 23 May 2025
Basis of AllotmentThu, 29 May 2025
Refund InitiationFri, 30 May 2025
Demat CreditFri, 30 May 2025
Listing DayMon, 02 Jun 2025
UPI Mandate Deadline5:00 PM on 28 May 2025
Sale TypeFresh Capital & OFS
Fresh Issue Shares5,74,71,264 shares (agg. up to ₹2,500 Cr)
Offer for Sale2,29,88,505 shares of ₹10 (agg. up to ₹1,000 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Schloss Bangalore Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 28 May 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
80,459,769
100% ₹3,500.00
IPO Shares Offered
Schloss Bangalore Ltd IPO total issue size: ₹3,500.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 80,459,769 ₹3,500.00
100.00%
* Based on upper price band ₹435 per share
Lot Size & Investment
Lot Size
34
Shares per Lot
Issue Price
₹435.00
Upper Band
Min Investment
₹14,790
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)268₹29,580
Retail (Max — 13 Lots)13442₹192,270
S-HNI (Min — 14 Lots)14476₹207,060
B-HNI (Min — 68 Lots)682,312₹1,005,720
* Issue Price ₹435 × Lot Size 34 shares
IPO Schedule
Anchor
23 May 2025
✓ Done
IPO Open
26 May 2025
✓ Done
IPO Close
28 May 2025
✓ Done
Allotment
29 May 2025
✓ Done
Refunds
30 May 2025
✓ Done
Demat Credit
30 May 2025
✓ Done
Listing Day
02 Jun 2025
✓ Done
Schloss Bangalore Ltd — Live Price LIVE
₹435.00
INR · BSE
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Issue ₹435.00 Live Price
About Schloss Bangalore Ltd
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 architecture, offering expansive views of the Bay of Bengal.The Leela Palace New Delhi – A three-acre property in the diplomatic enclave of Chanakyapuri, positioned near over 60 embassies and high commissions.The Leela Palace Jaipur – An 8.1-acre luxury retreat near Jaipur’s historic sites, awarded Best Family Hotel by Travel + Leisure India’s Best Awards 2022 and Top 20 Best Hotels in India by Conde Nast Traveler, Readers’ Choice Awards 2023.The Leela Palace Udaipur – A seven-acre property overlooking Lake Pichola and the royal City Palace, offering a picturesque setting.As of May 31, 2024, the company operates 67 restaurants, bars, and cafes, including Jamavar, Library Bar, ZLB 23, Megu, China XO, Le Cirque, and Sheesh Mahal. The portfolio also includes 12 spas and wellness sanctuaries, with a spa collaboration with Soneva under development at The Leela Palace Bengaluru, set for completion in FY 2026. Additionally, the properties are equipped to host corporate meetings, conferences, weddings, and social events, catering to India's premium MICE market.Schloss Bangalore Limited is promoted by private equity funds managed and advised by affiliates of Brookfield, one of the world’s largest alternative asset managers.
Objects of the Issue
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
2
ii. Certain of the wholly owned Subsidiaries and step-down subsidiaries, namely, Schloss Chanakya, Schloss Chennai, Schloss Udaipur and TPRPL, through investment in such Subsidiaries
3
General corporate purposes
Schloss Bangalore Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹903.2
31 Mar 2023
₹1,226.5
31 Mar 2024
₹1,406.6
31 Mar 2025
Profit After Tax (PAT)
-₹61.7
31 Mar 2023
-₹2.1
31 Mar 2024
₹47.7
31 Mar 2025
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 1406.56 1226.50 903.20
EBITDA N/A N/A N/A
Profit After Tax (PAT) 47.66 -2.13 -61.68
Net Worth 3604.99 -2825.72 -2511.96
Total Assets 8266.16 7061.88 5875.54
Reserves & Surplus 3280.43 -2906.20 -2582.80
Borrowings 3908.75 4242.18 3696.18
EBITDA Margin (%) 49.78%
PAT Margin (%) N/A
P/BV Ratio
2.92
RoNW
1.32%
EBITDA Margin
49.78%
Issue Structure & Shareholding
Total Shares Offered8,04,59,769 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding27,64,86,614 shares
Post-Issue Promoter Holding33,39,57,878 shares
P/BV Ratio2.92
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
JM Financial Ltd
BOFA Securities India Ltd.
Morgan Stanley India Co.Pvt.Ltd.
JP Morgan India Pvt.Ltd.
Kotak Mahindra Capital Co.Ltd
Axis Capital Ltd
Citigroup Global Markets India Pvt.Ltd
IIFL Capital Services Ltd.
Motilal Oswal Investment Advisors Ltd.
SBI Capital Markets Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Schloss Bangalore Ltd IPO subscribed?

Schloss Bangalore Ltd IPO is subscribed 1.00 times by May 28, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Schloss Bangalore Ltd IPO retail subscription status?

The Schloss Bangalore Ltd IPO retail category is subscribed 1.00 times as of 28 May 2025. The retail portion is oversubscribed.

How to subscribe Schloss Bangalore Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 26 May 2025 and closes 28 May 2025. Min investment: ₹14,790 (1 lot = 34 shares). UPI mandate: 5:00 PM on 28 May 2025.

How many times Schloss Bangalore Ltd IPO subscribed?

The Schloss Bangalore Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Schloss Bangalore Ltd IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 29 May 2025. Refunds: on 30 May 2025.

When Schloss Bangalore Ltd IPO will be listed?

The Schloss Bangalore Ltd IPO listing date is 02 Jun 2025, Monday. Listed on: NSE & BSE. Issue price: ₹435. Estimated listing: ₹435. GMP: NIL.

When Schloss Bangalore Ltd IPO close?

The Schloss Bangalore Ltd IPO closes on 28 May 2025, Wednesday. UPI mandate: 5:00 PM on 28 May 2025. Allotment: 29 May 2025. Listing: 02 Jun 2025.