The
Leela
Leela Hotels IPO is to open on May 26,
2025. It is a Mainboard IPO that will raise ₹3500 crores. The Leela
Hotels Services IPO price band is fixed at ₹413 to ₹435 with a market
lot of 34 Shares.
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
About Leela Hotels
Incorporated in 2019, Schloss Bangalore operates as India’s only institutionally owned and managed pure-play luxury hospitality company under “The Leela” brand. Renowned globally, “The Leela” ranked among the top three hospitality brands in 2023 and 2024, following consecutive #1 rankings in 2020 and 2021 by Travel + Leisure World’s Best Awards. Established in 1986, the brand has a strong legacy in Indian luxury hospitality, with over 250 awards earned since January 2021. The portfolio includes 12 operational hotels with 3,382 keys, making it one of India’s largest luxury hospitality entities by key count. Strategically positioned across 10 key Indian business and leisure destinations, it represents 18% of luxury keys in these markets. Plans are underway to expand with eight new properties, adding 833 keys by 2028. This growth includes modern palaces, resorts, and ventures into wildlife, spiritual, and heritage tourism, broadening its geographic reach and diversifying its offerings.
0 Comments