schloss bangalore ltd

Schloss Bangalore, which owns The Leela luxury hotels, has filed for a 50 billion rupee IPO amid India's robust stock market. Proceeds will be used to repay debt and expand their hotel portfolio. Investor confidence is high due to a tourism rebound and successful listings of other hotel companies.

schloss bangalore ltd, owner of "The Leela" brand, had a weak stock market debut, listing below its IPO price. Shares opened at Rs 406 on NSE and Rs 406.50 on BSE, against an IPO price of Rs 435. Despite the brand's strength and expansion, investor caution prevailed. The IPO was subscribed 4.5 times.

The IPO market is reviving in 2025. Six companies are preparing to launch their IPOs this month. They aim to raise over Rs 11,000 crore. Borana Weaves and Belrise Industries will open their IPOs soon. Schloss Bangalore, Aegis Vopak Terminals, ArisInfra Solutions, and Scoda Tubes are expected to file documents next week. This follows a slowdown earlier in the year.

Dalal Street is gearing up for a busy week with four main-board IPOs, including Schloss Bangalore and Aegis Vopak Terminals, aiming to raise over Rs 6,600 crore. These new offerings occur amidst a slowdown in fresh listings compared to the previous year. Despite this, a significant pipeline of IPOs is building up, with many companies awaiting regulatory clearance.

Jefferies recommends buying Siemens Energy, projecting substantial EPS growth. Bank of America Securities suggests purchasing The Leela, citing industry tailwinds and expansion plans. JP Morgan maintains an overweight rating on Hindustan Aeronautics, highlighting a strong order book. Morgan Stanley retains an equal-weight rating on Tata Motors, noting JLR's strong mix offsetting headwinds.

After a slow start in 2025, India's IPO market is poised for a resurgence, fueled by a stabilizing secondary market and easing geopolitical tensions. Over a dozen companies, including HDB Financial Services and NSDL, are preparing to launch their IPOs in the coming months.

In her newly-released memoir, Angela Merkel, Germany’s chancellor from 2005 to 2021, reflects on global diplomacy, including her engagements with Manmohan Singh and Narendra Modi. The extract focuses on her views on India’s economic growth, cultural diversity, climate collaboration and concerns over rising religious intolerance