Mumbai, May 28 -- The initial public offer (IPO) of Schloss Bangalore (The Leela) received bids for 20,96,72,322 shares as against 4,66,10,169 shares on offer, according to stock exchange data at 17:00 IST on Wednesday (28 May 2025). The issue was subscribed 4.50 times.

The issue opened for bidding on Monday 26 May 2025 and it will close on Wednesday 28 May 2025. The price band of the IPO is fixed between Rs 413 and 435 per share. An investor can bid for a minimum of 34 equity shares and in multiples thereof.

The IPO consists of a fresh issue of Rs 2500 crore and an offer-for-sale (OFS) of up to Rs 1,000 crore. At the higher price band of Rs 435, the OFS comprises up to 5,74,71,264 shares by Project Ballet Bangalore Holdings (DIFC) Pvt ...