The Leela Palaces Hotel files DRHP with SEBI

Schloss Bangalore Limited (The Leela Palaces Hotels Resort), has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”)

By :  Bizz Buzz
Update:2024-09-20 15:48 IST

Mumbai, Sep 20: Schloss Bangalore Limited (The Leela Palaces Hotels Resort), has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”).

The Company’s initial public offering comprises of a fresh issue of Equity Shares of face value of ₹10 each aggregating up to ₹30,000 million and offer for sale of ₹10 each aggregating up to ₹20,000 million. The total offer size comprises of up to Equity Shares of face value of ₹10 each aggregating up to ₹50,000 million.

Details about the company and objects of the offer – we shall add post receiving the DRHP

JM Financial Limited, BofA Securities India Limited, Morgan Stanley India Company Private Limited, J.P. Morgan India Private Limited, Kotak Mahindra Capital Company Limited, Axis Capital Limited, Citigroup Global Markets India Private Limited, IIFL Securities Limited, ICICI Securities Limited, Motilal Oswal Investment Advisors Limited and SBI Capital Markets Limited are the Book Running Lead Managers to the issue.

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