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Schloss Bangalore Ltd.

Hotel, Resort & Restaurants

IPO Details
  • Issue Type Book building
  • Price range Rs.413-435
  • Market Lot 34
  • Total Equity Shares 46610169
  • Face Value Rs. 10
  • Listing Date Jun 02, 2025
IPO Timeline
Opening date May 26, 2025
Closing date May 28, 2025
Listing Date Jun 02, 2025

IPO Details

We are the only institutionally owned and managed pure-play luxury hospitality company in India (Source: HVSReport). We own, operate, manage and develop luxury hotels and resorts under “The Leela” brand. The Leelabrand was ranked as #1 among the world’s best hospitality brands in 2020 and 2021, and among the world’s topthree hospitality brands in 2023 and 2024, by Travel + Leisure World’s Best Awards Surveys. In 1986, the LateCaptain C.P. Krishnan Nair laid the foundation of The Leela brand, and we have since then focused on building aluxury brand specializing in Indian hospitality. The Leela brand and properties have won over 250 awards sinceJanuary 2021, which demonstrates our contribution to India’s luxury hospitality landscape. Our mission is deeplyrooted in the traditional Indian hospitality belief of “Atithi Devo Bhava” (Guest is God). Our goal is to offer ourguests luxury experiences with premier accommodation, exclusivity and personalized service, inspired by theethos of Indian hospitality. We aim to maintain our position as a world-class luxury hospitality brand.

Projects

1. Project Name: Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings, interest a

Project Cost: 23000

2. Project Name: General corporate purposes

Project Cost: 644.02

Promoters

Prmoters Name

1. Project Ballet Bangalore Holdings (DIFC) Pvt Ltd.

2. BSREP III Joy (Two) Holdings (DIFC) Ltd.

3. BSREP III Tadoba Holdings (DIFC) Pvt Ltd.

4. Project Ballet Chennai Holdings (DIFC) Pvt Ltd.

5. Project Ballet Gandhinagar Holdings (DIFC) Pvt Ltd.

6. Project Ballet HMA Holdings (DIFC) Pvt Ltd.

7. Project Ballet Udaipur Holdings (DIFC) Pvt Ltd.

Prmoters Holdings
  • Pre Share Capital: 276486614
  • Pre Promoter Holding: 100
  • Offer to Public: 46610169
  • Post Share Capital: 253498109
  • Post Promoter Holding: 75.91

Registrar

Registrar Name:Karvy Computershare Pvt Ltd
Phone: 91-040-67161500
Email: einward.ris@karvy.com
Website: www.karvy.com

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 Securities Ltd.
  • ICICI Securities Ltd
  • Motilal Oswal Investment Advisors Pvt Ltd
  • SBI Capital Markets Ltd

Subscription Details

Field Description Field Value
Ipo Code 3141
Total Equity 46610169

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 25423729
No of Shares Bid For Qualified Institutional Buyers 189663322
Total No of Shares Bid For Qualified Institutional Buyers 7.46
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 91971462
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 30979474
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 66712386
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 12711864
No of Shares Bid For Non-Institutional Buyers 12996908
Total No of Shares Bid For Non-Institutional Buyers 1.02
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 3334992
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 9175478
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 486438
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 8474576
No of Shares Bid For Retail Individual Investor 7013622
Total No of Shares Bid For Retail Individual Investor 0.83
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 5885060
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 1128562
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 46610169
No of Shares Bid For All 209673852
Total 4.50