Leela Hotels IPO Allotment Status Likely to Take Place Today — All You Need to Know

Shares of Leela Hotels IPO will be allotted to the investors today. The initial public offering of Schloss Bangalore, which operates Leela Palaces Hotels and Resorts, received a thumping response as the issue got subscribed by 4.50 times.

Valued at ₹3,500 crore, the IPO received bids for 20.96 crore shares against 4.66 crore shares on offer. Retail Individual Investors (RIIs) subscribed to 83% of the portion allocated to them. Qualified Institutional Buyers (QIBs) booked 7.46 times. The portion apportioned to non-institutional investors received bids by 1.02 times.

Here are the steps to check the allotment status of IPO on KFin Tech

1. Open this URL link - https://evault.kfintech.com/ipostatus/

2. Select the company from the dropdown menu.

3. Allotment status can be checked by filling details like PAN, Application number or DP client ID.

4. Press the Submit button

5. The allotment status will be shown in the window

The allotment status can be checked on the official websites of BSE as well as NSE.

Leela Hotels IPO GMP IPO

According to experts, Leela Hotels shares are quoting a flat GMP in the unofficial market.