Leela Hotels IPO Subscribed 0.07x on Day 1

Leela Hotels IPO (Schloss Bangalore IPO) subscribed over 0.07x on its First day of subscription, wherein QIB subscribed 0.03x, NII subscribed 0.03x, and RII subscribed 0.21x.

Leela Hotels IPO subscription started on Monday, May 26, 2025, and will close on May 28, 2025, as per the schedule. The price band is set at ₹413 to ₹435 per share with a face value of ₹10 each.

Leela Hotels (Schloss Bangalore) IPO Subscription Status

Leela Hotels IPO subscribed over 0.07x on its First day till 05.00 PM on 26th May, 2025.

Leela Hotels (Schloss Bangalore) IPO subscription QIB investors portion is 0.03x times, while NII subscribed 0.03x times, and RII investors subscribed 0.21x times.
The company has received bids for 28,94,760 shares against 4,42,52,875 shares on offer on the First day.
Leela Hotels (Schloss Bangalore) IPO subscribed over 0.07x on day 1.

About Leela Hotels (Schloss Bangalore) IPO

The Leela Hotels had the name of Scholss Banglore Limited, and was established in 2019. They own, run, manage, and build high-end hotels and resorts, offering top-quality stays and personalized service based on Indian hospitality. As of May 31, 2024, the company is one of the largest luxury hotel groups in India by the number of rooms, with 12 hotels and 3,382 rooms. Their properties include The Leela Palaces, Hotels, and Resorts. Schloss Bangalore Limited is backed by Brookfield, one of the world’s biggest investment firms, through its private equity funds.

They currently operate a residential club in a premium residential building in Mumbai and are planning to grow this line of business further. Additionally, it aims to expand into Leela-branded residences for sale, located next to the Leela hotels its plan to develop in the future.

Leela Hotels (Schloss Bangalore) IPO Company Financial Report

The company reported revenue of ₹1,406.56 crores in 2025 against ₹1,226.50 crores in 2024. The company reported a loss of ₹47.66 crores in 2025 against a loss of ₹2.13 crores in 2024.

Leela Hotels IPO GMP:

Leela Hotels IPO GMP was ₹14 as of Monday, 26th May, 2025. That indicates the IPO is trading at ₹449 with a ₹14 premium in the grey market against the issue price of ₹435.

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

Add IPOWatch to your Google News feed.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.