IPO Details

About Company

Schloss Bangalore Limited, established on March 20, 2019, is a luxury hospitality company operating under "The Leela" brand in India. It owns, manages, and develops high-end hotels and resorts, offering premium stays and personalized services inspired by Indian hospitality. As of May 31, 2024, it is among India’s largest luxury hospitality players, with 12 operational hotels comprising 3,382 keys across The Leela Palaces, Hotels, and Resorts. The company operates through a mix of owned properties and management agreements. Its owned portfolio includes five landmark hotels with 1,216 keys in Bengaluru, Chennai, New Delhi, Jaipur, and Udaipur. These properties blend traditional Indian architecture with modern luxury—such as The Leela Palace Chennai with Chettinad-inspired design and sea views, and The Leela Palace Jaipur, which has received multiple travel awards. The company also runs 67 restaurants and bars, including Jamavar and Le Cirque, along with 12 spas. A new spa in collaboration with Soneva is underway in Bengaluru, expected by FY 2026. Additionally, the hotels cater to high-end events, weddings, and conferences. Schloss Bangalore Limited is promoted by private equity funds managed by Brookfield, a global leader in alternative asset management.