Loans
Cards
Insurance
Investment
Stock Market
Electronics Mall
CIBIL Score
Knowledge Centre
Calculators
Do not call
En
Schloss Bangalore, the luxury hospitality firm behind The Leela Hotels, made its stock market debut today but opened below expectations. Despite a decent subscription in the IPO, the company’s shares listed at a discount on both major stock exchanges, reflecting muted investor sentiment and cautious market outlook.
Schloss Bangalore's shares were listed on June 2, 2025, and opened as follows:
NSE Listing Price: ₹406 (6.67% discount to issue price)
BSE Listing Price: ₹406.50 (6.5% discount to issue price)
Issue Price: ₹435 per share
The listing performance was below projections, especially considering the moderate grey market premium (GMP) before debut.
The IPO was open for subscription between May 26 and May 28, with the following details:
Price Band: ₹413 to ₹435
Lot Size: 34 shares
Total Issue Size: ₹3,500 Crores
₹2,500 Crores (Fresh Issue)
₹1,000 Crores (Offer-for-Sale)
Here’s how different investor categories responded during the IPO:
Investor Category |
Subscription (x) |
|---|---|
Qualified Institutional Buyers (QIBs) |
7.46x |
Non-Institutional Investors (NIIs) |
1.02x |
Retail Individual Investors (RIIs) |
0.83x |
Overall Subscription |
4.50x |
The above table reflects subscription levels across investor segments, with strong QIB demand offset by weak retail interest, which contributed to limited IPO Listing Gains for retail investors.
Headquarters: New Delhi
Business: Operates The Leela Palaces, Hotels, and Resorts
Portfolio: 12 hotels with 3,382 keys (as of May 31, 2024)
Operating Model: Mix of owned and managed properties
Despite a weak listing, Schloss Bangalore remains a prominent player in India’s luxury hospitality sector, offering high-end accommodation across key urban and resort destinations.
Grey Market Premium (GMP): ₹2 per share ahead of listing
Market Interpretation: Flat GMP suggested subdued demand and cautious sentiment
Retail Interest: Lower-than-expected participation signals investor concern amid market volatility and sector competition
Schloss Bangalore's tepid market debut highlights a growing sense of caution among retail investors, despite robust institutional backing. While the company's brand strength and asset base remain noteworthy, the listing underscores the importance of market timing and investor sentiment in IPO outcomes.
This content is for informational purposes only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.
80890
Unlock the world of credit! From picking the perfect card to savvy loan management, navigate wisely.
45155
Money Management and Financial Planning covers personal finance basics, setting goals, budgeting...
21960
Explore the investment cosmos! From beginner's guides to sharp-witted strategies, explore India's treasure trove of options.
34923
Navigate the tax maze with ease! Uncover Income Tax 101, demystify jargon with Terms for Beginners, and choose between Old or New Regimes.
10435
Discover essential insights on various types of insurance in India.
4428
Welcome to Tech in Finance, where we explore the exciting intersection of technology and finance...
Personal Loan, Business Loan, Collateral
Credit Score, Report & Analysis
Fixed Deposit, Mutual Fund, NPS, Demat A/C, SGB
General Insurance, Life Insurance, Term Insurance
Stocks, IPOs
Smart Phone, Speaker, EarPhone
Academy 
.jpeg "image not found")
.jpeg "image not found")
