Leela Hotels IPO to List on June 2 Amid Valuation Concerns

Imagine a company that owns fancy hotels called Leela.

They offered shares to the public, which is like asking people to invest in the company.

The shares sold out and now the shares will be listed in the stock market.

Some experts think the price of these shares might not go up much when they start trading because the company has some debt and not all hotels are always full.

Investors who already bought shares might want to keep them for a while.

Others who didn't get shares might want to wait and see if they can buy them later at a better price.

The hotels are located across India, and the company plans to use money from the shares to pay back debt.