Schloss Bangalore Ltd.
Industry:
Hotel, Resort & Restaurants
Issue Details
Open Date
26 May 2025Close Date
28 May 2025Size (in Crs.)
2027.54
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-22Lot Size
34
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
1. Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings, interestaccrued and prepayment penalties, as applicable, availed by:(a) Our Company; and(b) Certain of our wholly owned Subsidiaries and step-down subsidiaries, namely, SchlossChanakya, Schloss Chennai, Schloss Udaipur and TPRPL, through investment in suchSubsidiaries; and2. General corporate purposes.
Description
We are the only institutionally owned and managed pure-play luxury hospitality company in India (Source: HVSReport). We own, operate, manage and develop luxury hotels and resorts under “The Leela” brand. The Leelabrand was ranked as #1 among the world’s best hospitality brands in 2020 and 2021, and among the world’s topthree hospitality brands in 2023 and 2024, by Travel + Leisure World’s Best Awards Surveys. In 1986, the LateCaptain C.P. Krishnan Nair laid the foundation of The Leela brand, and we have since ... Show More
Address
The Leela Palace, Diplomatic Enclave , Africa Avenue, Netaji Nagar , South Delhi
New Delhi
110023
Promoter Holding
Promoters:
BSREP III Joy (Two) Holdings (DIFC) Ltd., BSREP III Tadoba Holdings (DIFC) Pvt Ltd., Project Ballet Bangalore 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.
Total Share Capital
276486614
Offered to Public
84745762
% Promoter's Holding (Pre-Issue)
100
% Promoter's Holding (Post-Issue)
-
Shares on offer
Total Share Offer
276486614
Of above offred to public
84745762
Post Issue shares
NA
Post Issue Promoters
-
Lead Managers to the Issue:
Axis Capital Ltd., BofA Securities India Ltd., Citigroup Global Markets India Pvt Ltd., ICICI Securities Ltd, IIFL Securities Ltd., JM Financial Ltd., JP Morgan India Pvt Ltd, Kotak Mahindra Capital Co Ltd, Morgan Stanley India Co Pvt Ltd, Motilal Oswal Investment Advisors Pvt Ltd, SBI Capital Markets Ltd
Registrar Details
Registrar Name:
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Address
Karvy Selenium Tower B, Plot 31-32 , Gachibowli,Financial District , Nanakramguda , Hyderabad
500032