Leela Hotels IPO allotment status finalised: How to check online on KFin Technologies, NSE, BSE; know Schloss Bangalore listing date

Schloss Bangalore IPO allotment: The basis of allotment of Leela Palaces Hotels and Resorts owner Schloss Bangalore was finalised on Thursday, May 29. The finalisation details are available on the websites of the National Stock Exchange (NSE), the BSE, and registrar KFin Technologies.

During the three-day bidding period, the initial public offer received bids for 20,96,73,852 shares as compared to 4,66,10,169 shares on offer, as per the consolidated data on the NSE website.

The Qualified Institutional Buyers (QIBs) portion attracted 7.46 times subscription, while the part reserved for non-institutional investors or NIIs got subscribed 1.02 times. Retail Individual Investors (RIIs) quota fetched 83% subscription.

The ₹3,500 crore issue was a mix of a fresh issuance of shares valued at ₹2,500 crore and an offer for sale (OFS) component of ₹1,000 crore. The price band was set at ₹413 to ₹435 per share.

The money raised will be used to repay loans availed of by the firm and its subsidiaries and for corporate general purposes.

How to check Schloss Bangalore IPO allotment status on NSE

• Head to the NSE IPO allotment status portal at https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Select ‘Equity & SME IPO bid details’
• From IPO names, pick 'Schloss Bangalore Limited'
• Fill in details like application number and PAN
• Click on the 'Submit' button to view the status of Leela Palaces Hotels IPO allotment

Steps to check Leela Palaces Hotels IPO allotment status on BSE

• Go to the bid finalisation page of BSE at https://www.bseindia.com/investors/appli_check.aspx
• Select ‘Equity’ as the issue type
• From the dropdown menu, select 'Schloss Bangalore Ltd'
• Complete identification using PAN or IPO application number
• Click on submit

How to check Schloss Bangalore IPO allotment status on KFin Technologies

• Visit the official website by KFin Technologies at https://ris.kfintech.com/ipostatus/
• From five links, select any one to view the Leela IPO allotment status
• In the ‘Select IPO’ dropdown list, pick 'Schloss Bangalore'
• Enter either your PAN, application number or Demat account number
• Click on 'Submit'

Schloss Bangalore IPO listing date

Shares of Schloss Bangalore Ltd are expected to be listed on the NSE and the BSE on Monday, June 2, at 10 am.

Schloss Bangalore operates luxurious hotels and resorts under "The Leela" brand. As of May 2024, it has a portfolio of 3,382 keys across 12 operational hotels located across 10 destinations in the country.