Leela Hotels IPO, May 23 -- Brookfield-backed Schloss Bangalore Ltd, which owns luxury hospitality brand 'The Leela' Palaces, Hotels and Resorts has allotted 36,206,896 equity shares to 47 anchor investors, comprising marquee domestic and global anchor investors and raised Rs.1,575 crores ahead of the Company's proposed IPO at the upper end of the price band at Rs.435 per equity share with face value of Rs.10 per equity share.

Out of the total allocation of 36,206,896 equity shares to the anchor investors, 14,252,970 equity shares were allocated to 9 domestic mutual funds through a total of 20 schemes.

Published by HT Digital Content Services with permission from MINT....