Brookfield-backed Leela hotels owner Schloss files for $599m India IPO

Brookfield-backed Leela hotels owner Schloss files for $599m India IPO

The Leela Palace, New Delhi

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.