Sri Lotus Developers & Realty Ltd. IPO
Sri Lotus Developers & Realty IPO is a book-built issue worth ₹792.00 crore. The entire issue comprises a fresh offering of 5.28 crore equity shares. The IPO opens for public subscription on ...
The basis of allotment is likely to be finalised on August 4, 2025. The shares are proposed to be listed on both BSE and NSE, with a tentative listing date set for August 6, 2025.
The price band for the IPO is fixed between ₹140 and ₹150 per share. Applicants can bid for a minimum of one lot, which includes 100 shares, requiring an investment of ₹14,000 for retail investors. For small non-institutional investors (sNII), the minimum application is 14 lots or 1,400 shares, totalling ₹2,10,000. For big non-institutional investors (bNII), the minimum application is 67 lots or 6,700 shares, amounting to ₹10,05,000.
Motilal Oswal Investment Advisors Limited is managing the issue as the book-running lead manager, while Kfin Technologies Limited is the registrar. For more detailed information, the RHP of Sri Lotus Developers IPO can be referred.
Read moreIPO Timeline
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30 Jul 2025Bidding Starts
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01 Aug 2025Bidding Ends
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04 Aug 2025Allotment Finalization
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05 Aug 2025Refund Date
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05 Aug 2025Demat Date
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06 Aug 2025Listing Date
Sri Lotus Developers & Realty Ltd. IPO Financial Result in crore
| Year | Asset | Revenue | Profit |
|---|---|---|---|
| 31 Mar 2023 | 486.23 Cr | 169.95 Cr | 16.80 Cr |
| 31 Mar 2024 | 736.81 Cr | 466.19 Cr | 119.14 Cr |
| 31 Mar 2025 | 1,218.60 Cr | 569.28 Cr | 227.89 Cr |
About Sri Lotus Developers & Realty Ltd. IPO
Sri Lotus Developers & Realty Limited is a real estate development company based in Mumbai, Maharashtra, with a primary focus on luxury and ultra-luxury residential and commercial projects. The ...
Established in 2017, the company has grown by acquiring key land parcels and launching premium housing projects. Its operations span across greenfield developments, redevelopment of existing properties, and joint development ventures with landowners. The company aims to create high-end living spaces by combining elegant designs, modern amenities, and well-planned community features.
Led by promoter Anand Kamalnayan Pandit, who has over 24 years of industry experience and has completed over 3.32 million sq. ft. of development through other entities, the company benefits from his strong industry understanding and strategic leadership.
Sri Lotus Developers focuses on building luxury 2BHK and 3BHK homes priced between ₹3-₹7 crore, as well as ultra-luxury residences above ₹7 crore. It also develops commercial office spaces. With growing demand for homes priced above ₹2.5 crore, the company is well-positioned in a thriving market.
Technology plays a key role in its operations, with tools like BIM and virtual walkthroughs enhancing project efficiency and customer experience. The company now aims to expand into central, southern, and eastern micro-markets of Mumbai, such as Nepean Sea Road, Prabhadevi, and Ghatkopar, to capture broader growth opportunities.
Read moreSri Lotus Developers IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- A portion of the IPO proceeds will be invested in subsidiaries—Richfeel Real Estate, Dhyan Projects, and Tryksha Real Estate—to support the construction and development of ongoing residential projects: Amalfi, The Arcadian, and Varun.
- The remaining funds from the issue will be allocated towards general corporate purposes, helping the company strengthen its operational and financial position.
Sri Lotus Developers IPO Promoter Holding
The promoters of the company include Anand Kamalnayan Pandit, Roopa Anand Pandit and Ashka Anand Pandit.
Share Holding Pre-Issue
91.78%
Share Holding Post Issue 
81.86%
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
FAQs
What is the lot size of Sri Lotus Developers IPO?
Sri Lotus Developers IPO lot size is 100, and the minimum amount required for application is ₹15,000.
When is Sri Lotus Developers IPO listing date ?
The Sri Lotus Developers IPO listing date is not yet announced. The tentative date of Sri Lotus Developers IPO listing is Wednesday, August 6, 2025.
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