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Schloss Bangalore Limited

  • Minimum Investment
    ₹14,042
  • Price Range
    ₹413 - ₹435
  • Issue Size
    ₹3,500.00 Cr
  • Lot Size
    34 shares

Proceeds of this IPO to be used for

Repayment/ prepayment/ redemption, in full or in part, of certain outstanding borrowings availed by the company and their subsidiaries, namely, Schloss Chanakya, Schloss Chennai, Schloss Udaipur, and TPRPL

General corporate purposes

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Schloss Bangalore Limited

Rich heritage and global appeal

The company's properties are renowned for their exceptional architecture, guest facilities, and services, consistently receiving top rankings from publications like Travel + Leisure and Conde Nast Traveler

Marquee owned hotels

The company's portfolio features five iconic hotels with 1,216 keys in key Indian destinations: Bengaluru, Chennai, New Delhi, Jaipur, and Udaipur. Blending traditional architecture with modern luxury, these hotels achieved an 11.8% CAGR in RevPAR from FY19-24, outpacing the luxury sector's 8.6% CAGR

Diversified revenue sources

The hotels in the company’s portfolio offer a comprehensive luxury ecosystem that meets evolving customer preferences with luxurious accommodations, curated experiences, and award-winning dining and wellness options. This approach attracts a diverse clientele, including leisure and business travelers, and diversifies revenue through non-room sources like F&B, MICE, and banqueting

Geographically concentrated

A significant portion of the company's income comes from five hotels, with 28.7% from Bengaluru, 18% from Chennai, 24.5% from New Delhi, 14.5% from Jaipur, and 8.1% from Udaipur in FY24. Adverse developments at these locations could negatively impact its business and financial performance

Quality and reputation

The performance and quality of services at the hotels in the company’s portfolio are crucial for business success. Although quality checks are implemented, the company cannot guarantee consistent maintenance of the desired service standards

Renovation, development and expansion

The company faces risks related to the renovation, development, and expansion of new and existing hotels. Delays in construction or renovation could negatively impact its business, financial condition, and operational results

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
Total Current Assets--
Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Schloss Bangalore Limited

Schloss Bangalore Ltd. was incorporated on March 20, 2019. The company owns, operates, manages, and develops luxury hotels and resorts under the iconic "The Leela" brand. Its portfolio includes five owned hotels, six managed under hotel management agreements, and one franchised hotel owned and operated by a third party.
  • Promoter
    Project Ballet Bangalore Holdings (DIFC) Pvt Ltd
  • Promoter
    BSREP III Joy (Two) Holdings (DIFC) Limited
  • Promoter
    BSREP III Tadoba Holdings (DIFC) Pvt Ltd
  • Promoter
    Project Ballet Chennai Holdings (DIFC) Pvt Ltd
  • Promoter
    Project Ballet Gandhinagar Holdings (DIFC) Pvt Ltd
  • Promoter
    Project Ballet HMA Holdings (DIFC) Pvt Ltd

Schloss Bangalore Limited IPO FAQs

What is Schloss Bangalore Limited IPO?

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Schloss Bangalore Limited IPO refers to the initial public offering of shares by Schloss Bangalore Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Schloss Bangalore Limited IPO?

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For Schloss Bangalore Limited IPO the issue size is ₹3,500 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Schloss Bangalore Limited IPO?

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For Schloss Bangalore Limited IPO the minimum investment is ₹14,042. The minimum investment for Schloss Bangalore Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Schloss Bangalore Limited IPO?

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For Schloss Bangalore Limited IPO the lot size is 34 shares. The lot size of Schloss Bangalore Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Schloss Bangalore Limited IPO on Share.Market?

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To apply for Schloss Bangalore Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Schloss Bangalore Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Schloss Bangalore Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Schloss Bangalore Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Schloss Bangalore Limited IPO?

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For Schloss Bangalore Limited IPO the allotment date is May 29, 2025. The allotment date of Schloss Bangalore Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Schloss Bangalore Limited IPO?

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For Schloss Bangalore Limited IPO, the subscription opens on May 26, 2025 and closes on May 28, 2025. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
4.50x Oversubscribed
Trade
Bidding Ongoing
-
Total Subscription
4.50x Oversubscribed
Trade