Schloss Bangalore Limited (Leela Hotels) IPO FINAL Date : 26-28 May Price Band : 413-435 Lot Size : 34 Issue Size : 3,500 Crore Fresh - 2,500 Crore OFS - 1,000 Crore FV : 10 Retail : 10% M.Cap : 14,527.2 Cr EV/EBITDA FY25 : 22.5× Comparison with Listed Peers : ▪︎ Indian Hotels - 36× ▪︎ ITC Hotels - 31× ▪︎ EIH Limited - 19× ▪︎ Chalet Hotels - 28.5× ▪︎ Juniper Hotels - 25.5× ▪︎ Ventive Hospitality - 19× *Leela Hotels has complete Focus and Portfolio in Luxury Segment and it's a Owner + Manager of its properties which will have a good premium over its peers Promoter Holding Post-issue : 100%➡️75.91% Lots : Retail - 2,36,646 BHNI - 16,903 SHNI - 8,452 Overall Happy with the pricing, Had Calculated its Price Band at 450-470, 435 is better than expected