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Schloss Bangalore IPO
4.72xsubscribed

Schloss Bangalore IPO

Hotel
listed
₹14,042Min. investment

Schloss Bangalore Limited IPO Details

SectorHotel
Price range₹413 – ₹435
IPO type
Regular
Lot size34 shares
Issue size₹3,500Cr
Red Herring Prospectus
Read
Market cap
₹10,155CrHigher than sector avg
RevenueApr 2024 - Mar 2025
₹1,300CrHigher than sector avg
Growth rate3Y CAGR
22.97%Higher than sector avg

Schloss Bangalore IPO Subscription Status

Date
QIB
NII
Retail
Total
26-May-25
0.03 times (X)
0.03 times (X)
0.21 times (X)
0.07 times (X)
27-May-25
0.12X
0.11X
0.43X
0.17X
28-May-25
7.86X
1.03X
0.83X
4.72X

As on 26-May-25, 5:30 PM

Schloss Bangalore IPO Timeline

  1. Pre-apply
    23 May 2025
  2. Bid start
    26 May 2025
  3. Bid end
    28 May 2025
  4. Allotment
    29 May 2025
  5. Release of funds
    30 May 2025
  6. Demat transfer
    30 May 2025
  7. Listing
    2 Jun 2025

About Schloss Bangalore Limited

Established in 1986, Schloss Bangalore owns, operates, manages, and develops luxury hotels and resorts under "The Leela" brand. It is one of the largest luxury hospitality companies by number of keys in India.
The company has a portfolio of 3,553 keys across 13 operational hotels under The Leela Palaces, Hotels, and Resorts. The portfolio comprises five owned hotels, seven managed under hotel management agreements, and one franchised hotel owned and operated by a third party.
In FY25, the company recorded an average room rate (ARR) of ₹16,409 and revenue per available room (RevPAR) of ₹10,696 across its operational properties, while the overall average occupancy rate of 65%. Schloss Bangalore has a strategic presence across 10 key business and leisure destinations in India, covering 80% of international and 59% of domestic air traffic in FY25.

Schloss Bangalore Limited IPO Analysis

IPO REVIEW

Schloss Bangalore IPO | Analysis Video

Should you apply?

Watch our analysts break down the Schloss Bangalore Limited IPO — business model, financials, valuation and key risks — to help you decide whether to apply. The video covers the IPO price band, important dates, and what the subscription numbers mean for retail investors.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Strength and Weakness

Leading luxury hospitality brand

The company is a globally acclaimed luxury hospitality brand with 250+ awards and consistently high guest satisfaction. Its emphasis on Indian heritage and personalised service drives strong appeal among both domestic and international travellers.

Located in markets with high barriers to entry

The company’s owned portfolio of five iconic hotels (1,224 keys) in high-barrier markets like Delhi, Bengaluru, and Chennai offers premium locations, large average room sizes (~36% above industry average), and limited new supply, enabling strong pricing power. These modern palaces consistently outperform peers in ARR and RevPAR, reinforcing the brand’s leadership in Indian luxury hospitality.

Active asset management

Strong asset management boosted RevPAR to 1.4x the industry average, with 65.36% of room revenue from direct sales. Capital upgrades and cost discipline drive top EBITDA margins and high guest satisfaction.

Experienced management team

The company is led by a seasoned management team with over 20 years of hospitality experience, supported by a distinguished board, driving operational excellence and strategic growth through deep industry expertise.

Objectives of Schloss Bangalore Limited IPO

Repayment of outstanding borrowings
92.00%
The company will use ₹2,300 crore for repayment/pre-payment of certain outstanding borrowings.
General corporate purposes
8.00%
Up to 25% of IPO gross proceeds allocated for general corporate purposes.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹1,300Cr22.97%₹47.6Cr₹10,155Cr220.811.08
This sector (avg.)₹271.36Cr0.01%₹43.44Cr₹3,215.69Cr31.380.70
₹8,334.54Cr---₹1,961.25Cr₹95,960.68Cr56.930.28
₹2,743.15Cr---₹769.9Cr₹19,670.83Cr29.580.06
₹1,717.83Cr---₹142.49Cr₹19,075.26Cr33.010.85

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Schloss Bangalore IPO Contact Details

Company NameSchloss Bangalore Limited

How to apply for Schloss Bangalore IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Schloss Bangalore Limited IPO FAQs

Investors can apply for the Schloss Bangalore IPO through their Demat account via the stock exchange or through their broker.
The issue size of the Schloss Bangalore IPO is 3500 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Schloss Bangalore IPO will be open between 2025-05-26 and 2025-05-28.
Schloss Bangalore IPO allotment date is 2025-05-30. For Schloss Bangalore IPO allotment status check, you can visit the website of the registrar of the IPO.
For Schloss Bangalore IPO, the IPO registrar is KFin Technologies Limited. You can check Schloss Bangalore IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Schloss Bangalore IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Schloss Bangalore IPO lot size is 34 and minimum order quantity is 34.
Schloss Bangalore IPO has set the price band for its IPO at 435 per equity share with a face value of 10.