Should you subscribe to Schloss Bangalore (Leela) IPO?
Investment management firm Brookfield-backed Schloss Bangalore, which owns and operates The Leela chain of luxury hotels, is launching India’s largest hospitality initial public offering (IPO) next week. The ₹3,500-crore public issue comprises a ₹1,000 crore offer for sale (OFS) by promoters and a ₹2,500-crore fresh issue, with a price band of ₹413-435 per share. Post-issue,…