Sri Lotus Developers IPO Details
The Sri Lotus Developers IPO is a book build issue with a total issue size of ₹792 cr, comprising of fresh issue of 52800000 equity shares. Sri Lotus Developers IPO opened for subscription on Jul 30, 2025 and closed on Aug 01, 2025. Sri Lotus Developers IPO is set price band at ₹140 to ₹150 per share, with a lot size of 100 shares. Minimum investment for Retail investors was ₹15,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Aug 04, 2025, and listed on both the NSE and BSE on Aug 06, 2025.
Kfin Technologies Limited has been appointed as the registrar. Motilal Oswal Investment Advisors Pvt Ltd and Monarch Networth Capital Ltd are the Book Running Lead Manager for the issue.
Before investing in the Sri Lotus Developers IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 140 – 150
- Lot Size
- 100
- Issue Size
- ₹792 Cr
- Minimum Investment
- ₹15000 (100 Shares)
- Listing Date
- 06 August 2025
Current GMP
₹27 (+18.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Sri Lotus Developers & Realty Limited
Incorporated in February 2015, Sri Lotus Developers & Realty Limited is a Mumbai-based real estate developer specializing in residential and commercial projects, with a core focus on redevelopment projects in the ultra-luxury and luxury segments across Mumbai’s western suburbs.
Key Highlights:
- Core Focus: Ultra-luxury and luxury housing, particularly in redevelopment projects.
- Project Types:
- Greenfield Projects – built on undeveloped land
- Redevelopment Projects – via agreements with housing societies and owners
- Joint Development Projects – in collaboration with landholders
- Geographical Focus:
- Western suburbs (primary base)
- Expanding into central, southern (e.g., Nepean Sea Road, Prabhadevi), and eastern suburbs (e.g., Ghatkopar) of Mumbai
Product Segments:
- Luxury Residential (₹3–7 Cr): 2BHK and 3BHK flats
- Ultra-Luxury Residential (₹7+ Cr): 3BHK, 4BHK, 4+ BHK flats, and penthouses
- Commercial Segment: Premium office spaces
Current Portfolio (as of Nov 30, 2024):
- Completed Projects: 3
- Ongoing Projects: 6
- Upcoming Projects: 7
- Developable Area: ~0.68 million sq. ft.
Competitive Strengths:
- Strong brand recognition and premium pricing capability
- Asset-light model via development agreements
- Customer-centric approach with in-house design and execution teams
- Technological integration using BIM and VR for design, planning, and customer engagement
- Led by Anand Kamalnayan Pandit, an industry veteran with over 24 years of experience and past development of 3.32 million sq. ft. in Mumbai (via separate entities)
Sri Lotus Developers IPO Promoters
- Anand Kamalnayan Pandit
- Roopa Anand Pandit
- Ashka Anand Pandit
Promoters Holding
Holding Pre Issue
91.78%
Holding Post Issue
81.86%
Sri Lotus Developers IPO Objective
The net proceeds of the Issue are proposed to be utilised for the following objects:
- Investment in our Subsidiaries, Richfeel Real Estate Private Limited, Dhyan Projects Private Limited and Tryksha Real Estate Private Limited for part-funding development and construction cost of our Ongoing Projects, Amalfi, The Arcadian and Varun, respectively
- General corporate purposes.
Address / Contact Info
Sri Lotus Developers & Realty Limited
5th & 6th Floor, Lotus Towe
1 Jai Hind Society, N S Road No. 12/A,
JVPD Scheme, Juhu,
Mumbai, Maharashtra, 400049
Phone: +91 7506283400
Email: investors@lotusdevelopers.com
Website: https://www.lotusdevelopers.com/
IPO Snapshot
Book Running Lead Managers
- Motilal Oswal Investment Advisors Pvt Ltd
- Monarch Networth Capital Ltd
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Sri Lotus Developers IPO is a Book-building IPO with a total issue size of ₹792 crore. The Sri Lotus Developers IPO price band is ₹140 to 150 per share. The Sri Lotus Developers IPO subscription opens on Wed, Jul 30, 2025, and closes on Fri, Aug 1, 2025. The Sri Lotus Developers IPO will be listed on the BSE,NSE. Kfin Technologies Limited is the registrar for the Sri Lotus Developers IPO.
The Sri Lotus Developers IPO opens on Wed, Jul 30, 2025 and closes on Fri, Aug 1, 2025
Sri Lotus Developers IPO Price Band is ₹140 to 150 per share.
Sri Lotus Developers IPO lot size is 100 shares, Retail investors need a minimum investment of ₹15000 based on the upper price band
The minimum investment for Sri Lotus Developers IPO is ₹15000, based on one lot of 100 shares at the upper price band of ₹150 per share.
Investors can apply for the Sri Lotus Developers IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Aug 1, 2025. The application amount remains blocked until the Sri Lotus Developers IPO allotment is finalized.
Sri Lotus Developers IPO issue size is ₹792 crores.
Sri Lotus Developers IPO allotment date is Wed, Jul 1, 2026.
The registrar for Sri Lotus Developers IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website to check Sri Lotus Developers IPO allotment status, refund processing, and other IPO-related information.
The Sri Lotus Developers IPO GMP (Grey Market Premium) is ₹27 as of Wed, Aug 6, 2025. Based on the upper price band of ₹150 per share, the estimated Sri Lotus Developers IPO listing price is ₹177, indicating a potential listing gain of approximately 0% over the issue price.