Leela Hotels' Parent Schloss Reduces IPO Size to ₹35 Billion in Face of Market Caution

Unknown Apr 02, 2026 650 Views

Schloss Bangalore Limited, the Brookfield-owned owner of The Leela Palaces, Hotels, and Resorts, has reduced its much-awaited IPO size to ₹35 billion from the previously planned ₹50 billion, as per its prospectus. The move comes as the company adjusts to changing market conditions and sentiment i...