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.
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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 |
-
IPO Key Dates
Events Date IPO Open Date May 26, 2025 IPO Close Date May 28, 2025 Basis of Allotment May 29, 2025 Refunds Initiate May 30, 2025 Credit to Demat Account May 30, 2025 Listing Date June 2, 2025 -
The Leela IPO Quota Distribution
Investor Category | Quota |
---|---|
Qualified Institutional Buyers (QIB) | Up to 75% |
High Net-Worth Individuals (HNI) | Up to 15% |
Retail Investors | Up to 10% |
*The Leela Hotels DRHP Draft Prospectus: Click here
*The Leela Hotels RHP Draft Prospectus: Click here
The Leela Hotels IPO: Lot Size, Application Amount & Investor Bidding Details
Retail and HNI investors can refer to the table below to plan their bidding:
- 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: Company Profile & Promoters
Luxury Meets Strategy
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 |
The Leela Hotels IPO: Financial Performance
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 |
The Leela Hotels IPO: Key Ratios & Valuation Metrics
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 |
Peer Comparison: The Leela vs Indian Hotels Co.
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 |
Tje Leela Hotels IPO: Registrar, Lead Managers & Contact Info
- Registrar & Contact Info
Registrar | Kfin Technologies Ltd |
---|---|
Phone | 040-6716-2222, 040-7961-1000 |
leelahotels.ipo@kfintech.com | |
Website | KFintech IPO Status |
- Lead Managers
Merchant Bankers |
---|
JM Financial, Bofa Securities, Morgan Stanley, JP Morgan |
Kotak Capital, Axis Capital, Citigroup, IIFL, MOFSL, SBICAP |
Final Thoughts
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.
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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.