5 Things You Need To Know Before Your Subscribe To The Schloss Bangalore IPO | The Leela Hotels

Описание: Schloss Bangalore, the operator of the renowned Indian luxury hotel chain 'The Leela', has announced a price band of Rs 413 to Rs 435 per share for its upcoming Rs 3,500-crore initial public offering. Investors can place bids starting from a minimum of 34 shares and in multiples thereafter.

The IPO will consist of fresh equity shares worth Rs 2,500 crore and an offer for sale component totaling Rs 1,000 crore. Project Ballet Bangalore Holdings (DIFC) Pvt. will act as the promoter, participating in the OFS sale. The IPO is scheduled to open on May 26 and will close on May 28, with anchor investors having the opportunity to bid on May 23.

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