Leela Hotels IPO Lists Today: Here’s What You Should Know in Simple Terms

Leela Hotels, one of India’s top luxury hotel brands, is officially making its stock market debut today, June 2, 2025. The company’s parent, Schloss Bangalore, raised ₹3,500 crore through this IPO (Initial Public Offering), but experts say the buzz around the listing isn’t as big as expected.

What Is This IPO All About?

An IPO is when a company sells its shares to the public for the first time. In this case, Leela Hotels’ parent company offered shares to raise money and also allowed some existing investors, like Brookfield (a major owner), to sell part of their stake.

The price of each share was set between ₹413 and ₹435. A number of large investors were interested, especially during the anchor round (a kind of early round for big investors), which brought in ₹1,575 crore. But ordinary people—like retail investors—didn’t rush to buy. On the first day of bidding, only 6% of the shares set aside for retail investors were taken.

What Is GMP and Why Is It Important?

GMP stands for Grey Market Premium. It’s the unofficial price at which IPO shares are being traded before the company actually lists on the stock market.

For Leela Hotels, the GMP is just ₹6. That means people in the grey market expect the stock to list only a little higher than the IPO price—so there’s not much excitement. A low GMP usually means a quiet start on listing day.

What Are Experts Saying?

Market experts are being cautious. They say Leela is a strong brand in the hotel industry, but its IPO is coming at a time when the market is a bit uncertain. On top of that, some feel the IPO price might be on the higher side, so there’s not much room for the stock to jump on day one.

Also, the lower interest from retail investors shows that the general public isn’t overly excited, which adds to the expectation that today’s listing may not be flashy.

The Company’s Future Plans

Even if the IPO listing is a bit dull, Leela Hotels has big dreams for the future. They plan to open 8 new hotels by 2028—many of them focusing on themes like wildlife tourism, spiritual travel, and heritage locations. This means they’re tapping into growing trends among Indian and international travelers.

So while the short-term stock performance might be slow, the company is planning for steady growth in the coming years.

Final Thoughts

Today marks an important step for Leela Hotels as it joins the stock market. But with the low grey market buzz and cautious expert opinions, the share might not see a big jump on the first day. Still, the company’s future plans could make it a slow and steady performer in the long run.