Schloss Bangalore, parent company of the Leela Hotels, has filed for a $599 million IPO, the largest ever in India's hotel industry.

Schloss Bangalore, parent of The Leela hotel chain, has filed DHRP for a ₹5,000 crore IPO, intending to raise ₹3,000 crore through new shares and ₹2,000 crore via an offer for sale. ;

Leela Palaces, a luxury hotel chain in India, has filed for an IPO to raise Rs 5,000 crore. This marks a significant step for the company as it seeks to expand and strengthen its position in the Indian hospitality market.

Schloss Bangalore, owner of Indian luxury hotel chain 'The Leela', has filed for a 50 billion rupee ($599 million) IPO on Friday, aiming to cash in on the country's red-hot stock market.