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Schloss Bangalore Limited launches ₹3,500 crore IPO for The Leela hotel brand, facing various risks.
Schloss Bangalore Limited, owner of luxury hotel brand The Leela, is launching a ₹3,500 crore IPO on May 26, with proceeds aimed at debt reduction and expansion.
The company secured ₹1,575 crore from 47 anchor investors, including global investors like Fidelity and Goldman Sachs.
The IPO faces risks such as potential brand reputation decline, financial losses, and construction delays for new hotels.
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Schloss Bangalore Limited lanza una OPI de ₹ 3,500 crores para la marca de hoteles Leela, enfrentando varios riesgos.