Sri Lotus Developers And Realty came to market through an IPO that opened on 30 July 2025 and closed on 1 August 2025, and the shares listed on 6 August 2025 on BSE, NSE. The price band was ₹140 to ₹150 per share and one lot was 100 shares, so the minimum application was ₹15,000. The issue size was ₹792 crore. The whole issue was fresh shares, so the money raised went to the company.
Kfin Technologies Limited was the registrar to the issue, and Motilal Oswal Investment Advisors Limited, Monarch Networth Capital Ltd were the lead managers.
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Company incorporated in February 2015, Sri Lotus Developers and Realty Limited is a residential and commercial property developer based in Mumbai, Maharashtra, with expertise in redevelopment projects for the ultra-luxury and luxury segment of the western suburbs. As on November 30, 2024, the company owns an area of 0.68 million square feet developable, covering residential and commercial properties.
The developmental interest of the company is, for the most part, centered on ultra-luxury and luxury residential developments, as well as commercial developments, through the following activities: Construction and development of the flats denoted as 2BHK and 3 BHK, which fall in the range of ₹3 crores to ₹7 crores, fall under the Luxury Residential Segment.
The construction and development of 3BHK and 4 BHK, and flats and penthouses with more than four bedrooms (4+ BHK) rentals pricing is above ₹7 crores. This product is combined with the Luxury Residential Segment The construction and development of commercial office spaces (Commercial) Segment). The company has four (4) Completed Projects, five (5) Ongoing Projects and eleven (11) Upcoming Projects as of June 30, 2025.
As described in the offer document.
| Metric | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
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Sri Lotus Developers raises Rs 237 crore through anchor book prior to IPO. Institutional investors such as Societe Generale, Samsung India, LC Pharos Multi Strategy Fund, Citigroup Global, Nomura Singapore, Eminence Global Fund, and Viridian Asia Opportunities Master Fund invested in the anchor book on Tuesday. Besides them, Tata Mutual Fund, Mahindra Manulife Mutual Fund, Nippon India, Nuvama, HSBC, SBI General Insurance, and Future Generali India also invested in Sri Lotus Developers.
Anand Kamalnayan Pandit, Roopa Anand Pandit, Ashka Anand Pandit. Promoter holding 91.78% before the issue.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Sri Lotus Developers And Realty IPO was a ₹792 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹140–₹150 per share with a lot size of 100 shares (₹15,000). The IPO was open from July 30 to August 1, 2025. Shares listed on BSE and NSE on August 6, 2025 at ₹178, a 18.7% premium to the issue price of ₹150. Kfin Technologies Limited is the registrar.
Motilal Oswal Investment Advisors Limited and Monarch Networth Capital Ltd are the book running lead managers.
The price band of Sri Lotus Developers And Realty IPO is ₹140 to ₹150 per share.
The lot size of Sri Lotus Developers And Realty IPO is 100 shares.
The minimum investment for Sri Lotus Developers And Realty IPO is approximately ₹15,000 based on the upper price band.
The allotment date of Sri Lotus Developers And Realty IPO is Aug 4, 2025.
No GMP quote could be verified as recorded before Sri Lotus Developers And Realty IPO listed. A grey-market observation of ₹27 per share was recorded on 6 Aug 2025, 6:30 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹178. GMP is unofficial and does not forecast or guarantee the actual listing price.
Sri Lotus Developers And Realty IPO listed on Aug 6, 2025. It was issued at ₹178.0(NSE) and is currently around ₹248.40 as on 30-Oct-2026 3:30 PM, which is approximately 65.6% versus issue price. The 52-week high is ₹249.70.
You can check Sri Lotus Developers And Realty IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sri Lotus Developers And Realty IPO allotment status on Rupix for quick and easy access.
₹140 to ₹150 per share, against a face value of ₹1. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 100 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹15,000.
₹15,000, for one lot of 100 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 30 July 2025 and closed on 1 August 2025.
The basis of allotment was published on 4 August 2025 by Kfin Technologies Limited, and allotted shares were credited to demat accounts before listing.
The shares listed on 6 August 2025 on BSE, NSE.
The issue size was ₹792 crore. The fresh issue was 5,28,00,000 shares (aggregating up to ₹792 crore).