Leela Accommodations IPO (Schloss Bangalore Restricted IPO) Assessment and Evaluation

India’s hospitality sector is witnessing a revival post-pandemic, and luxurious lodge chains are gearing as much as money in on investor curiosity. One such participant, Schloss Bangalore Restricted, working beneath the long-lasting “The Leela” model, is developing with its maiden IPO. This Leela Accommodations IPO Assessment will assist you to perceive the important thing facets of the IPO, together with financials, firm strengths, dangers, and whether or not you need to think about investing.

Leela Accommodations IPO – IPO Date, Problem Particulars, Worth Band and Lot Dimension

• IPO Open Date: Might 26, 2025
• IPO Shut Date: Might 28, 2025
• Itemizing Date (Tentative): June 2, 2025
• IPO Worth Band: ₹ 413 – ₹ 435 per share
• IPO Dimension: ₹ 3,500 crore
  • Contemporary Problem: ₹ 2,500 crore
  • OFS by Promoters: ₹ 1,000 crore
• Face Worth: ₹ 10 per share
• Lot Dimension: 34 shares
• Retail Min Funding: ₹ 14,790 (at cutoff)

The IPO is a book-building concern and will likely be listed on each BSE and NSE.

About Schloss Bangalore Restricted (Leela Accommodations)

Schloss Bangalore Restricted was integrated in 2019 and operates luxurious motels and resorts beneath the celebrated Leela model. It has emerged as one among India’s largest luxurious hospitality corporations primarily based on the variety of operational keys.

As of Might 2024, the corporate owns and manages 12 operational motels with 3,382 keys, together with landmark properties reminiscent of:

• The Leela Palace Bengaluru
• The Leela Palace New Delhi
• The Leela Palace Chennai
• The Leela Palace Jaipur
• The Leela Palace Udaipur

It additionally operates 67 eating places, bars, and cafes, with signature shops like Jamavar, Library Bar, Sheesh Mahal, China XO, amongst others.

Aggressive Strengths

• Sturdy Model Recognition: “The Leela” is a extremely reputed title in Indian luxurious hospitality.
• Strategic Places: Properties positioned in premium enterprise and vacationer places.
• Operational Excellence: Mix of conventional Indian design with trendy facilities.
• Brookfield-backed: Promoted by non-public fairness funds managed by Brookfield.
• MICE Section Chief: Positioned to leverage India’s rising Conferences, Incentives, Conferences, and Exhibitions (MICE) demand.

Financials – How is the corporate performing?

Observations:

• Sturdy turnaround in FY25 with PAT of ₹ 47.66 Cr.
• Constant income development (15% YoY in FY25).
• Internet value improved considerably publish capital restructuring.

Aims of the IPO

• Debt Reimbursement: ₹ 2,300 crore will go in direction of compensation or prepayment of loans.
• Normal Company Functions: Remaining quantity for use for operational and strategic initiatives.

Valuation – P/E Comparability with Friends

Remark: The Leela Accommodations IPO is richly valued in comparison with its listed friends. Excessive P/E ratio displays premium model positioning however poses valuation dangers.

Additionally Learn: Aegis Vopak Terminals IPO Assessment & Evaluation – Must you make investments or keep away from?

Leela Accommodations IPO – Causes to Make investments

• Sturdy restoration in profitability
• Premium luxurious model with future scalability
• Backed by Brookfield – provides credibility
• Strategic property portfolio with excessive occupancy potential
• Tailwinds in hospitality sector as a consequence of rise in tourism and enterprise journey

Danger Elements

• Excessive valuation in comparison with friends
• Hospitality trade is cyclical and delicate to macro occasions (e.g. Covid time)
• Excessive debt ranges (although IPO goals to cut back it)
• Aggressive trade with worldwide and home gamers
• Dependency on key properties for income

Gray Market Premium (GMP) of Leela Accommodations IPO

As of now, GMP of Leela Accommodations IPO is round ₹ 35-40 per share, indicating a optimistic itemizing sentiment. Nevertheless, GMP is very risky and speculative.

How you can Purchase Leela Accommodations IPO?

• You’ll be able to apply via any demat account (Zerodha, Upstox, Groww, and so on.)
• Use UPI-based ASBA course of for retail traders
• Bidding window: 10 AM to five PM from Might 26 to Might 28, 2025

Must you spend money on Leela Accommodations IPO?

The Leela Accommodations IPO affords a chance to spend money on a luxurious hospitality model with sturdy asset backing and up to date profitability turnaround. Nevertheless, the wealthy valuation and cyclical nature of the trade can’t be ignored.

Excessive-risk traders with a long-term view and confidence within the hospitality revival story can think about investing. Conservative traders could look forward to higher pricing publish itemizing.

FAQs about Leela Accommodations IPO

1. What’s the Leela Accommodations IPO Date?
   IPO opens on Might 26 and closes on Might 28, 2025.
2. What’s the IPO Worth Band?
   Worth band is ₹ 413 to ₹ 435 per share.
3. How a lot do I would like to speculate on this IPO?
   Minimal funding for retail is ₹ 14,790 (34 shares).
4. Who’re the promoters of Schloss Bangalore Restricted?
   Brookfield-backed Venture Ballet Holdings and its DIFC-based entities.
5. What’s the GMP of Leela Accommodations IPO?
   As of now, round ₹ 35-40 per share.
6. When will the shares be listed?
   Tentative itemizing date is June 2, 2025.
7. The place can I test allotment standing?
   Go to KFintech IPO Standing

Disclaimer: This text is for informational functions solely and doesn’t represent a advice or recommendation to purchase to the IPO. The views expressed are primarily based on publicly obtainable data and our personal evaluation, which can be topic to vary. Buyers ought to seek the advice of with their monetary advisor earlier than making any funding selections. Investing within the inventory market, particularly in IPOs, is topic to market dangers.

Suresh KP is a seasoned monetary professional with over 20 years of expertise. He’s NISM Licensed Funding Adviser and Analysis Analyst. For extra about his experience and certifications, go to About Suresh KP

Newest posts by Suresh KP (see all)