Leela Palaces plans biggest hotel IPO in history at Rs 5,000cr
Luxury hotel group Leela Palaces, Hotels and Resorts, owned by Canadian investment giant Brookfield Asset Management, is gearing up for a groundbreaking Rs 5,000 crore Initial Public Offering (IPO), set to be the largest ever in India’s hospitality sector. Brookfield’s bold move, expected to raise the company’s valuation to approximately $2.5 billion (about Rs 21,000 […]