May 20 (Reuters) - India's Leela-hotels owner Schloss

Bangalore slashed its IPO size by 30% to 35 billion rupees ($409

million), its prospectus showed on Tuesday.

Brookfield-backed Schloss, which initially planned

a 50 billion-rupees initial public offering, will run the issue

from May 26-28. Large "anchor" investors will get to bid on May

23, according to the document.

($1 = 85.5520 Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru; Editing by Shinjini

Ganguli)