Schloss Bangalore Limited was incorporated as 'Schloss Bangalore Private Limited' on March 20, 2019, as a Private Limited Company at New Delhi, by the RoC. Upon the conversion of the Company status to a Public Limited, the name was changed to 'Schloss Bangalore Limited', and a fresh Certificate of Incorporation dated July 3, 2024 was issued by the RoC.
Schloss Bangalore is India's only institutionally owned and managed pure-play luxury hospitality company. It own, operate, manage and develop luxury hotels and resorts under, 'The Leela' brand. In 1986, the Late Captain C.P. Krishnan Nair laid the foundation of The Leela brand, and it has since then focused on building a luxury brand specializing in Indian hospitality.
The Company started its operations effective October 17, 2019 by acquiring Bangalore hotel undertaking of HLV Limited. In 2019, the Company acquired the The Leela Palace Bengaluru; further acquired The Leela Palace New Delhi by Schloss Chanakya, acquired The Leela Palace Chennai by Schloss Chennai.; acquired The Leela Palace Udaipur by Schloss Udaipur.
The Portfolio includes The Leela Palaces, The Leela Hotels and The Leela Resorts. The Company undertake its business primarily through
direct ownership of hotels and hotel management agreements with third-party hotel owners. The Owned Portfolio includes five iconic hotels located in the top luxury hospitality destinations in India. Built at attractive locations, these hotels are designed as 'modern pal ...aces' to blend traditional Indian architecture with contemporary world-class amenities and services. The modern palace hotels
in Bengaluru (Karnataka), Chennai (Tamil Nadu) and New Delhi (Delhi) are recognized hospitality landmarks and benefit from high barriers to entry.
Apart from these, their properties are a luxury ecosystem, comprising of luxurious accommodations, curated experiences, wellness programs and award-winning food and beverage (F&B) options. The Company further acquired Galleria at The Leela Palace Bengaluru in 2021. It acquired further 50% shareholding of Tulsi Palace Resort Private Limited (TPRPL) by Moonburg Power Private Limited (MPPL) in 2023.
The Company started the operations at The Leela Hyderabad in Telangana in FY24.
In May 2025, the Company has launched an IPO by raising funds from public aggregating to Rs 3500 Crore Equity Shares having face value of Rs 10 each, comprising a Fresh Issue of Rs 2500 Crore and Rs 1000 Crore through Offer for Sale.
The Company has acquired 76% equity stake in Buildminds Real Estate Private Limited on February 25, 2025.
FAQs on Leela Palaces Hotels & Resorts Ltd
1. Can I buy Leela Palaces Hotels & Resorts Ltd from PL Capital? ›
Yes, you can invest in Leela Palaces Hotels & Resorts Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Leela Palaces Hotels & Resorts Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Leela Palaces Hotels & Resorts Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
Leela Palaces Hotels & Resorts Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Leela Palaces Hotels & Resorts Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Leela Palaces Hotels & Resorts Ltd. is ₹ 435.45 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Leela Palaces Hotels & Resorts Ltd ? ›
The 52-week high and low of Leela Palaces Hotels & Resorts Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
