The Leela Hotels IPO 2025: A Luxury Hospitality Giant Enters the Market

May 24, 2025by OTI News

The Leela Hotels IPO

The Leela Hotels IPO 2025: Key Details Every Investor Must Know

The luxury hospitality group The Leela Hotels, under Schloss Bangalore Ltd, is opening its ₹3,500 crore IPO on May 26, 2025. This high-profile listing—supported by global PE major Brookfield—has generated buzz due to its premium brand, ambitious growth plans, and recent financial turnaround. If you’re considering this IPO, here’s everything you need to know, from price band to allotment, financials to promoter details.

This article gives you a full breakdown of The Leela Hotels IPO 2025 with easy-to-read tables, key insights, and date-wise updates—helping you make informed choices.

Also Read: JSW Infrastructure Block Deal

The Leela Hotels IPO: Dates, Price Band, Issue Size & Quota Breakdown

Here’s a quick look at the most important IPO details in tabular format:

  • The Leela Hotels IPO Overview
IPO Element Details
IPO Open Date May 26, 2025
IPO Close Date May 28, 2025
IPO Listing Date June 2, 2025
IPO Price Band ₹413 to ₹435 per share
Issue Size ₹3,500 Crores
Fresh Issue ₹2,500 Crores
Offer for Sale (OFS) ₹1,000 Crores (2,29,88,505 shares)
Face Value ₹10 per share
IPO Type Book Built Issue
Listing On BSE, NSE
Investor Category Quota
Qualified Institutional Buyers (QIB) Up to 75%
High Net-Worth Individuals (HNI) Up to 15%
Retail Investors Up to 10%

Retail and HNI investors can refer to the table below to plan their bidding:

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  • Lot Size & Application Amount
Investor Type Lots Shares Application Amount (₹)
Retail Min 1 34 ₹14,790
Retail Max 13 442 ₹1,92,270
S-HNI Min 14 476 ₹2,07,060
B-HNI Min 68 2,312 ₹10,05,720

The Leela Hotels, formally known as Schloss Bangalore Limited, is a top-tier hospitality brand offering premium Indian hospitality experiences. Backed by Brookfield, the company owns and operates 12 hotels with 3,382 rooms as of May 2024.

They’re planning expansion into Leela-branded residences and have already launched a residential club in Mumbai, indicating a shift towards high-margin ventures beyond hotels.

  • The Leela Hotels Promoters
Promoter Entity
Project Ballet Bangalore Holdings (DIFC) Pvt Ltd
BSREP III Joy (Two) Holdings (DIFC) Limited
BSREP III Tadoba Holdings (DIFC) Pvt Ltd
Project Ballet Chennai Holdings (DIFC) Pvt Ltd
Project Ballet Gandhinagar Holdings (DIFC) Pvt Ltd
Project Ballet HMA Holdings (DIFC) Pvt Ltd
Project Ballet Udaipur Holdings (DIFC) Pvt Ltd

Let’s take a deep dive into the financials to understand the company’s fundamentals better:

  • The Leela Hotels Financial Summary (₹ in Crores)
Year Revenue Expenses Profit After Tax (PAT) Total Assets
FY2022 ₹415.95 ₹783.72 ₹(319.83) ₹5,863.01
FY2023 ₹903.27 ₹963.83 ₹(61.68) ₹5,875.54
FY2024 ₹1,226.50 ₹1,207.07 ₹2.13 ₹7,061.88
FY2025 ₹1,406.56 ₹1,304.30 ₹47.66 ₹8,266.16

Before subscribing, it’s important to understand the valuation and profitability metrics:

  • The Leela Hotels IPO Valuation Metrics (FY25)
Metric Value
EBITDA Margin 49.78%
PAT Margin 3.39%
Debt-to-Equity Ratio 1.07
EPS (Basic) ₹1.97
P/E Ratio Not Available
RoNW 1.32%
Net Asset Value (NAV) ₹148.88
Company EPS PE Ratio RoNW NAV Revenue
The Leela Hotels ₹1.97 N/A 1.32% ₹148.88 ₹1,406.56 Cr
Indian Hotels Company Ltd ₹13.4 59.84 16.42% ₹87.22 ₹8,334.54 Cr

The Leela Hotels IPO: Objects of the Issue

Use of IPO Proceeds
Repayment or prepayment of loans of Leela and subsidiaries (Schloss Chanakya, Schloss Chennai, etc.)
General corporate purposes
  • Registrar & Contact Info
Registrar Kfin Technologies Ltd
Phone 040-6716-2222, 040-7961-1000
Email leelahotels.ipo@kfintech.com
Website KFintech IPO Status
Merchant Bankers
JM Financial, Bofa Securities, Morgan Stanley, JP Morgan
Kotak Capital, Axis Capital, Citigroup, IIFL, MOFSL, SBICAP

While The Leela Hotels boasts premium brand value and solid revenue growth, its thin margins and modest profitability raise questions. Investors seeking long-term exposure to India’s hospitality boom might find value here, especially with Brookfield’s backing.

However, aggressive short-term expectations may need to be tempered. Consider your risk profile and check institutional response before subscribing.

Also Read: Borana Weaves IPO Allotment Out: Check Status, Latest GMP, Refund, and Listing Details

Disclaimer: The views and investment insights provided here are based on publicly available information and do not constitute financial advice. Readers are advised to conduct their own research or consult certified financial experts before making investment decisions.

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Founder at Onlinetradinginstitute.in Harshita Parekh is a seasoned financial expert with over 9 years of experience.

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DISCLAIMER: Online Trading Institute is providing courses content and any related materials (including newsletters, blog post, videos, social media and other communications) for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments.

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