Schloss Bangalore, parent company of the Leela Hotels, has filed for a $599 million IPO, the largest ever in India's hotel industry.

Schloss Bangalore, parent of The Leela hotel chain, has filed DHRP for a ₹5,000 crore IPO, intending to raise ₹3,000 crore through new shares and ₹2,000 crore via an offer for sale. ;

The mega IPO has a syndicate of as many as 11 investment banks. In March 2019, Brookfield acquired four of The Leela’s assets in Delhi, Bangalore, Udaipur and Chennai from JM Financial Asset Reconstru

Schloss Bangalore, which owns The Leela luxury hotels, has filed for a 50 billion rupee IPO amid India's robust stock market. Proceeds will be used to