Hotel Leela Ipo, Future IPOs: The Mumbaha, the headquartra-headquarted hotel leela is set to launch an initial public offer (Thursday estimated rs 2,500 crore for 1,000. If hotel Leela will lead to the stock list of BSE and NSE stock listings.
The IPO of IPO at Hotel Leela follows close to heels in two more issues on the mainboard: Belase Industries and Borena Waaves. These ipos follow a gap about three weeks of mainboards offer.
Here are the important things about the coming Hotel Leela IPO:
Hotel Leela Ipo to hit the street | Important Dates and Timings
IPO is open for subscription on Monday, May 26, and almost Wednesday, May 28.
Bidding time is available at normal IPO time, from 10 am to 5 pm for three trading days.
Hotel Leela Ipo passes through the Tentative Tentative on Thursday, May 29.
Hotel Leela Share list of stock exchanges are likely to be explained on Monday, June 2.
Read again: The NSE denies the government intervention for its IPO
Hotel Leela Ipo | Sea Issue and Different Different
Less than three-day IPO window, Hotel Leela parts are available for bidding at a price of Rs 413-435 per share of 34 parts.
In the price band given, the size of 34 parts of equity translates Rs 14,042-14,790 per point.
Read again: Boura Waaves and Industries in Belraces Industries Hit Street
Hotel Leela Share Share | Reservation
While 75 per cent of the issue is reserved for qualified institutional buyers (qibs), 10 per cent is reserved for retail investors and 15 per cent for non-institutional investors (high-net worth individuals), according to the offer documents.
Hotel Leela Profile
Mumbai title, Schloss Bangalore is a luxury chain of hospitality acting on India’s Leela brand. The owner of the company, runs and develops luxury hotels and resorts in different parts of the country.
The portfolio owned by its property consists of five landmarked hotels in New Delhi, Bengaluru, Chennai, Jaipur and Udaipur.
