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News for India > Business > Leela Hotels IPO: Brookfield-backed Schloss Bangalore raises ₹1,575 crore from anchor investors ahead of issue | Stock Market News
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Leela Hotels IPO: Brookfield-backed Schloss Bangalore raises ₹1,575 crore from anchor investors ahead of issue | Stock Market News

Last updated: May 23, 2025 10:34 pm
3 months ago
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Leela Hotels IPO: Brookfield-backed Schloss Bangalore Ltd, which owns luxury hospitality brand ‘The Leela’ Palaces, Hotels and Resorts has allotted 36,206,896 equity shares to 47 anchor investors, comprising marquee domestic and global anchor investors and raised ₹1,575 crores ahead of the Company’s proposed IPO at the upper end of the price band at ₹435 per equity share with face value of ₹10 per equity share. 

Out of the total allocation of 36,206,896 equity shares to the anchor investors, 14,252,970 equity shares were allocated to 9 domestic mutual funds through a total of 20 schemes.



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