Leela Hotels IPO Allotment Today, Check GMP & Allotment Status Easily; Listing Likely On June 2

Leela Hotels IPO Allotment Today, Check GMP & Allotment Status Easily; Listing Likely On June 2

Leela Hotels IPO allotment is set for May 29, 2025. It saw strong institutional demand but weak retail interest. Shares may list on June 2 with a small premium, based on current grey market trends.

G R MukeshUpdated: Thursday, May 29, 2025, 10:30 AM IST
article-image
Leela Hotels IPO allotment is set for May 29, 2025. |

Mumbai: The basis of allotment for Schloss Bangalore (Leela Hotels) IPO shares is set to be finalised today, Thursday, May 29, 2025. The Rs 3,500 crore IPO opened with a price band of Rs 413–Rs 434 and closed on May 22, 2025, receiving a mixed response from investors.

Investors can check their IPO allotment status on the websites of BSE, NSE, or Kfin Technologies, which is the official registrar for this issue.

Here are the direct links to check allotment status:

BSE

Kfin Technologies

NSE

IPO Subscription Details: QIBs Show Strong Interest

Leela Hotels IPO received a total of 20,96,73,852 bids, which is 4.50 times the 4.66 crore shares on offer.

Here’s how different investor categories responded:

Qualified Institutional Buyers (QIBs): Subscribed 7.47 times

Non-Institutional Investors (NIIs): Subscribed 1.02 times

Retail Investors: Subscribed only 0.83 times

This shows that while big investors showed strong interest, retail participation was below expectations.

Grey Market Premium and Listing Estimate

As of today, Leela Hotels shares are trading at Rs 441 in the grey market. This means a small premium of Rs 6 over the issue price, or about 1.38%.

The shares are expected to list on BSE and NSE on Monday, June 2, 2025. Based on current GMP, analysts expect a flat to slightly positive listing, but caution that grey market trends are unofficial and unreliable.

About Schloss Bangalore (Leela Hotels)

Schloss Bangalore owns and manages luxury hotels under the ‘The Leela’ brand. As of March 31, 2025, the company operates 13 hotels with 3,553 keys:

5 Owned Hotels

7 Managed Hotels

1 Franchised Hotel

The company plans to add 7 more hotels (678 keys) by 2028, expanding through ownership, development, or management deals.

RECENT STORIES

UIDAI To Begin Biometric Updates For Children Via Schools, 7 Crore Aadhaar Holders Yet To Complete...

UIDAI To Begin Biometric Updates For Children Via Schools, 7 Crore Aadhaar Holders Yet To Complete...

Brigade Hotel Ventures To Launch ₹750 Crore IPO On July 24, Proceeds To Fund Debt Repayment &...

Brigade Hotel Ventures To Launch ₹750 Crore IPO On July 24, Proceeds To Fund Debt Repayment &...

NCLT Clears Adani Cementation-Ambuja Merger, Adani To Consolidate Cement Business Under One Roof

NCLT Clears Adani Cementation-Ambuja Merger, Adani To Consolidate Cement Business Under One Roof

Faked Deductions In Your ITR? Beware, AI Is Catching Every Trick & It Could Land You in Jail

Faked Deductions In Your ITR? Beware, AI Is Catching Every Trick & It Could Land You in Jail

NLC’s Green Energy Arm To Launch ₹4,000 Cr IPO, Eyes 10 GW Capacity By 2030

NLC’s Green Energy Arm To Launch ₹4,000 Cr IPO, Eyes 10 GW Capacity By 2030