Leela Hotels IPO, May 29 -- The initial public offering (IPO) of Schloss Bangalore Ltd, the operator of the luxury hotels brand "The Leela" in India, received decent response from investors. The bidding period for the public issue has ended and now focus shifts on Leela Hotels IPO allotment date, which is expected to be fixed soon.

The IPO was open for subscription from May 26 to May 28. Leela Hotels IPO date is likely today, May 29, and the IPO listing date is likely June 2.

The company is expected to fix the Leela Hotels IPO allotment soon. It will then credit the shares into the demat accounts of eligible allotment holders and initiate refunds to unsuccessful bidders on the same day after the Leela Hotels IPO allotment status is fina...