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The Leela Hotels Operator, Schloss Bangalore Raises Rs 1,575 Crores From Anchor Investors

GenevaTimes by GenevaTimes
May 23, 2025
in Business
Reading Time: 1 min read
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The Leela Hotels Operator, Schloss Bangalore Raises Rs 1,575 Crores From Anchor Investors
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Schloss Bangalore, the operator of the Indian luxury hotel ‘The Leela’, has finalised allocation of 36,206,896 equity shares to anchor investors at the anchor investor allocation price of Rs 435 per share. This includes the share premium of Rs 425 per share.

The book running lead managers are JM Financial Ltd., BofA Securities India Ltd., Morgan Stanley India Co., J.P. Morgan India Ltd., Kotak Mahindra Capital Co., Axis Capital Ltd., Citigroup Global Markets India Pvt., IIFL Capital Services Ltd., ICICI Securities Ltd., Motilal Oswal Investment Advisors Ltd and SBI Capital Markets Ltd.

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