Leela IPO, Slow Start & Key Details

  Published 1 year ago

Schloss Bangalore (The Leela) IPO was subscribed only 0.06 times on its opening day, receiving bids for less than 10% of the shares offered. The IPO, priced between Rs 413-435, aims to raise Rs 3500 crore.

  • IPO size: ₹3500 crore (Fresh + OFS).
  • Key Use of Funds: Debt repayment.
  • FY25 Revenue: ₹1300.57 crore.

You might like these

ZEEL's Strategic Growth in Media Landscape

Voltas Q1 Profit Falls 58%

Tata Power Stock Dives on Arbitration Ruling

Food Processing CEOs Back GST Cuts

Apollo Tyres Q1 Revenue Rises 3.56%

China FX Reserves: Modest May Increase

L&T Jumps 4% After Strong Q1 Show

News that matters the most ⚡