Leela Hotels IPO: Shloss Bangalore is a luxury hospitality company that owes, operates, management and develop hotels and resorts under the ‘The Leela’ brand, its IPO has been opened from today. Retail investment can be invested in this IPO from 26 May to 28 May 2025. If you are also preparing to invest money in this IPO, then we are giving you all the information about this IPO, which an investor must know. Also, the premium of this IPO is going on in the gray market, they are also giving information about it.
1. Issue size of IPO: Leela Hotels is preparing to raise Rs 3500 crore through its IPO. The New Delhi-based hotel legend aims to raise money from the market through a new issue of equity shares of Rs 2,500 crore and an offer-for-cell (OFS) of about Rs 1,000 crore.
2. When will you be able to invest money since: Brookfield -backed IPO will open for retail investors on 26 May 2025 and will close on Wednesday, 28 May 2025 after three business days.
3. Price Band: The price band of this IPO has been fixed between ₹ 413 to ₹ 435 per share. It is of 34 shares per lot.
4. Listing: According to Chittorgarh data, investors investing money in the IPO of Leela Hotels are expected to be allocated by 29 May 2025. It is expected to be listed on NSE and BSE indices on 2 June 2025.
5. Anchor Investment: Shloss Bangalore has raised ₹ 1,575 crore from anchor investors. These include Fidelity, Northern Bank, Whiteok, HDFC Mutual Fund, ICICI Prudential MF and other top anchor investors.
6: Where will the money be used: According to the draft papers, Shloss Bangalore has planned to use the amount raised from the public issue to pay a loan of about Rs 2,300 crore, the remaining amount will be used to expand the business.
7: What is going on GMP: As of 25 May 2025, the Gray Market Premium (GMP) for Leela Hotels IPO was ₹ 13 per share. According to investorgen data, the upper price for public issue is expected to be listed at ₹ 448 with the upper price band ₹ 435, with a premium of 2.99% percent.
Latest business news