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.

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