Leela Hotels IPO received a strong anchor allocation response, with 45.00% of the total IPO size subscribed by anchor investors. Out of the 8,04,59,769 shares on offer, anchor investors were allocated 3,62,06,896 shares, demonstrating significant market confidence. The anchor allocation details were reported to the stock exchanges on May 23, 2025, just ahead of the IPO opening on May 26, 2025.

The book-built issue of ₹3,500.00 crores comprises a fresh issue of 5,74,71,264 shares aggregating to ₹2,500.00 crores and an offer for sale of 2,29,88,505 shares aggregating to ₹1,000.00 crores. The price band is set at ₹413 to ₹435 per share, with a face value of ₹10 per share. This includes a share premium of ₹425 per share at the upper end of the price band.

The anchor allocation process, which took place on May 23, 2025, saw robust participation from institutional investors. The entire anchor allocation was made at the upper end of the price band, ₹435 per share, highlighting strong demand and confidence in the company’s growth potential.

After the anchor allocation, the overall allocation of the Leela Hotels (Schloss Bangalore) IPO looks as follows:

The lock-in period for anchor investors is a critical aspect of the allocation. For Leela Hotels IPO, the lock-in details are as follows:

• Lock-in Period (50% Shares): June 30, 2025
• Lock-in Period (Remaining Shares): August 29, 2025

This lock-in period ensures that anchor investors maintain their investments for a specified duration, contributing to stock price stability post-listing.

Anchor Investors in Leela Hotels (Schloss Bangalore) IPO

Anchor investors, typically large institutional investors, are allotted shares in an IPO before it opens to the public. The anchor allocation process plays a pivotal role in price discovery and instilling confidence among retail investors. The strong response from anchor investors often sets a positive tone for the public issue and influences the overall subscription levels.

On May 23, 2025, Leela Hotels IPO completed the bidding for its anchor allocation. A total of 3,62,06,896 shares were allotted to anchor investors at the upper IPO price band of ₹435 per share, resulting in an overall anchor allocation of ₹1,575.00 crore. This represents 45.00% of the total issue size of ₹3,500.00 crore, indicating robust institutional demand.

Leela Hotels (Schloss Bangalore) IPO Key Details:

About Leela Hotels (Schloss Bangalore) IPO and How to Apply

Established on March 20, 2019, Schloss Bangalore Limited is a luxury hospitality company operating under “The Leela” brand in India. The company owns, operates, manages, and develops luxury hotels and resorts, offering premier accommodations and personalized services inspired by Indian hospitality. As of May 31, 2024, it is one of India’s largest luxury hospitality companies by number of keys, with a portfolio of 12 operational hotels comprising 3,382 keys across The Leela Palaces, The Leela Hotels, and The Leela Resorts.

The owned portfolio comprises five landmark hotels with 1,216 keys across key business and leisure destinations including Bengaluru, Chennai, New Delhi, Jaipur, and Udaipur, renowned as modern palaces that blend traditional Indian architecture with contemporary luxury. The company operates 67 restaurants, bars, and cafes, including prestigious establishments like Jamavar, Library Bar, ZLB 23, Megu, China XO, Le Cirque, and Sheesh Mahal, along with 12 spas and wellness sanctuaries.

The properties are equipped to host corporate meetings, conferences, weddings, and social events, catering to India’s premium MICE market. Schloss Bangalore Limited is promoted by private equity funds managed and advised by affiliates of Brookfield, one of the world’s largest alternative asset managers, providing strong financial backing and strategic guidance for the company’s operations and expansion plans.