243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Schloss Bangalore Limited

New Delhi

Date of DRHP : 20 Sep 2024

Issue Type : Book Building Process

IPO Type :
MainBoard IPO

Schloss Bangalore Basic Details

   Hotels and Resorts

Sub Sector: Own, operate, manage and develop luxury hotels and resorts

About the Company

Schloss Bangalore is the only institutionally owned and managed pure-play luxury hospitality company in India (Stheirce: HVS Report). Schloss Bangalore own, operate, manage and develop luxury hotels and resorts under “The Leela” brand. The Leela 193 brand was ranked as #1 among the world’s best hospitality brands in 2020 and 2021, and among the world’s top three hospitality brands in 2023 and 2024, by Travel + Leisure World’s Best Awards Surveys. In 1986, the Late Captain C.P. Krishnan Nair laid the foundation of The Leela brand, and Schloss Bangalore have since then focused on building a luxury brand specializing in Indian hospitality. The Leela brand and properties have won over 250 awards since January 2021, which demonstrates their contribution to India’s luxury hospitality landscape. their mission is deeply rooted in the traditional Indian hospitality belief of “Atithi Devo Bhava” (Guest is God). their goal is to offer their guests luxury experiences with premier accommodation, exclusivity and personalized service, inspired by the ethos of Indian hospitality. Schloss Bangalore aim to maintain their position as a world-class luxury hospitality brand.

Financial Summary (Annualised Basis)

Revenue :
1018.44 Cr.

PAT :
-218.28 Cr.

Schloss Bangalore DRHP Details

Objects of issue

  • Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings availed by: (a) their Company; and (b) Certain of their Subsidiaries, namely, Schloss Chanakya, Schloss Chennai, Schloss Udaipur and TPRPL, through investment in such Subsidiaries; and
  • General Corporate Purposes.

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FAQs

Schloss Bangalore operates in Hotels and Resorts and Own, operate, manage and develop luxury hotels and resorts. The Issue would be listed on MainBoard. The registrar of the Issue is KFin Technologies Limited. The IPO type of Schloss Bangalore is Book Building Process and Object of issue is

  • Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings availed by: (a) their Company; and (b) Certain of their Subsidiaries, namely, Schloss Chanakya, Schloss Chennai, Schloss Udaipur and TPRPL, through investment in such Subsidiaries; and
  • General Corporate Purposes.

The DRHP (Draft Red Herring Prospectus) of Schloss Bangalore IPO was filed on 20 Sep 2024.

No, Schloss Bangalore IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of Schloss Bangalore are not available now. You can apply in Schloss Bangalore IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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