Leela Hotel Chain Operator Kicks Off Investor Roadshow for ₹5,000 Cr IPO 🏨💰
The Leela hotel chain operator, Schloss Bangalore Pvt Ltd, has commenced its much-anticipated investor roadshow, paving the way for a blockbuster ₹5,000 crore Initial Public Offering (IPO). The offering will include ₹3,000 crore worth of fresh equity shares and ₹2,000 crore as an Offer for Sale (OFS) by existing shareholders. 📈✨
The funds raised through the IPO are expected to be utilized for expansion plans, debt reduction, and other corporate purposes, signaling the group’s ambition to strengthen its position in India’s luxury hospitality sector.
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With a strong legacy and growing demand for premium stays in the country, this IPO could be one of the most significant in the hospitality industry in recent years. Stay tuned as investors weigh in on this promising opportunity! 🌍🍸