Schloss Bangalore IPO: Luxury Hotel Chain Leela Palace Hotel Files DRHP With SEBI For Rs 5,000 Cr Issue
Schloss Bangalore, an operator of luxury hotels and resorts under the renowned Leela brand, is all set to make an entry into the Indian capital markets. The company filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on September 20,
Brookfield-backed Leela hotels owner Schloss files for $599 mln India IPO
Schloss Bangalore, owner of Indian luxury hotel chain 'The Leela', has filed for a 50 billion rupee ($599 million) IPO on Friday, aiming to cash in on the country's red-hot stock market.
The Leela parent Schloss Bangalore files DHRP for ₹5,000 crore IPO
Schloss Bangalore, parent of The Leela hotel chain, has filed DHRP for a ₹5,000 crore IPO, intending to raise ₹3,000 crore through new shares and ₹2,000 crore via an offer for sale. ;
Leela hotels owner Schloss Bangalore files IPO papers to raise for $599 million
Schloss is issuing fresh shares worth 30 billion rupees, while shareholder Project Ballet Bangalore Holdings (DIFC), an affiliate of Brookfield Asset Management, is selling shares worth 20 billion rupees.
Brookfield-backed The Leela Palaces to file for Rs 5,000-cr IPO soon; biggest ever in hotel segment
The mega IPO has a syndicate of as many as 11 investment banks. In March 2019, Brookfield acquired four of The Leela’s assets in Delhi, Bangalore, Udaipur and Chennai from JM Financial Asset Reconstru
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