Schloss Bangalore IPO

About the company

Established in 1986, Schloss Bangalore owns, operates, manages, and develops luxury hotels and resorts under "The Leela" brand. It is one of the largest luxury hospitality companies by number of keys in India. The company has a portfolio of 3,553 keys across 13 operational hotels under The Leela Palaces, Hotels, and Resorts. The portfolio comprises five owned hotels, seven managed under hotel management agreements, and one franchised hotel owned and operated by a third party. In FY25, the company recorded an average room rate (ARR) of ₹16,409 and revenue per available room (RevPAR) of ₹10,696 across its operational properties, while the overall average occupancy rate of 65%. Schloss Bangalore has a strategic presence across 10 key business and leisure destinations in India, covering 80% of international and 59% of domestic air traffic in FY25.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   26 May 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   28 May 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   29 May 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   30 May 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   30 May 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   02 Jun 2025

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.