Schloss Bangalore Limited IPO
Schloss Bangalore Limited was a mainboard IPO in the Hotels & Resorts sector, offered at ₹413–₹435 per share to raise ₹3,500 crore. The issue was subscribed 4.5× overall (QIBs 7.46×, NIIs 1.02×, retail 0.83×). It listed on 2 Jun 2025 at ₹406 and closed its first day at ₹436, a listing gain of +0.1% versus the ₹435 issue price. It now trades around ₹634 (+45.8% versus the issue price).
Frequently asked questions
- How many times was the Schloss Bangalore Limited IPO subscribed?
- The Schloss Bangalore Limited IPO was subscribed 4.5× overall — 7.46× in the QIB category, 1.02× among non-institutional investors, 0.83× in retail.
- What were the Schloss Bangalore Limited IPO listing gains?
- Schloss Bangalore Limited listed on 2 Jun 2025 at ₹406, closing its first day at ₹436 — a listing gain of +0.1% versus the ₹435 issue price.
- What were the retail allotment odds for the Schloss Bangalore Limited IPO?
- Retail was subscribed 0.83×, so a single-lot application had roughly a 100% chance of allotment — most applicants were allotted, and allotment was finalised on 29 May 2025.
- What was the price band and lot size of the Schloss Bangalore Limited IPO?
- The price band was ₹413–₹435 per share, with a minimum lot of 34 shares (₹14,790 at the upper band).
- Who were the registrar and lead manager for the Schloss Bangalore Limited IPO?
- KFin Technologies Limited was the registrar, and JM Financial was the book-running lead manager.