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LOTUSDEV · NSE,BSE · Residential, Commercial Projects
Sri Lotus Developers IPO listed on 06 Aug 2025 on NSE,BSE at ₹178.00, a gain of 18.67% over the issue price of ₹150.00. The IPO was subscribed 69.14x overall.
Sri Lotus Developers IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 30 Jul 2025 |
| IPO Close Date | 01 Aug 2025 |
| Basis of Allotment | 04 Aug 2025 |
| Initiation of Refunds | 05 Aug 2025 |
| Credit of Shares to Demat | 05 Aug 2025 |
| Listing Date | 06 Aug 2025 |
Listing day gain
+18.67%
Listed at ₹178 (issue ₹150)
Issue
₹150
Listing
₹178
Current
₹195.67
+30.45% vs issue
Day range
₹176.7 – ₹195.8
Issue Size
52,813,724 shares
(aggregating up to ₹792.00 Cr)
Issue Price
₹140 – ₹150
Face Value
₹1/share
Market Lot
100 shares
Retail Min Investment
₹15,000
Listing At
NSE,BSE
Sale Type
fresh issue
Fresh Issue
52,813,724 shares
(aggregating up to ₹792 Cr)
Offer for Sale
[.]
Issue Type
book building
Open Date
30 Jul
Close Date
01 Aug
Allotment
04 Aug
Listing
06 Aug
Last updated: 1 year ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 06 Aug 2025 Latest | ₹150 | ₹27 | ₹177 | ₹27 |
18%
|
12:00 AM |
| 05 Aug 2025 | ₹150 | ₹27 | ₹177 | ₹27 |
18%
|
12:00 AM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 06 Aug 2025
| Category | Subscribed (x) |
|---|---|
| QIB | 163.9x |
| NII | 57.71x |
| bNII (bids above ₹10L) | 55.19x |
| sNII (bids below ₹10L) | 62.76x |
| Retail Investors | 20.28x |
| Employees | 19.84x |
| Total | 69.14x |
Showing the latest subscription snapshot.
View full subscription historyAnand Kamalnayan Pandit, Roopa Anand Pandit and Ashka Anand Pandit
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹15,000 |
| Retail (Max) | 13 | 1,300 | ₹195,000 |
| S-HNI (Min) | 14 | 1,400 | ₹210,000 |
| S-HNI (Max) | 66 | 6,600 | ₹990,000 |
| B-HNI (Min) | 67 | 6,700 | ₹1,005,000 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only employee | 2 | No |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 26,333,332 (49.86%) |
|
•
Anchor Investor Shares Offered
|
15,799,999 (29.92%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
10,533,333 (19.94%) |
| NII (HNI) Shares Offered | 7,900,000 (14.96%) |
|
•
bNII > ₹10L
|
5,266,666 (9.97%) |
|
•
sNII < ₹10L
|
2,633,334 (4.99%) |
| Retail Shares Offered | 18,433,334 (34.90%) |
| Employee | 147,058 (0.28%) |
| Total Shares Offered | 52,813,724 (100.00%) |
Sri Lotus Developers and Realty Limited was incorporated in February 2015 and is headquartered in Mumbai, Maharashtra. It works in the real estate sector, developing residential and commercial properties in the ultra-luxury and luxury segments.
The company specialises in redevelopment projects across Mumbai's western suburbs, including Juhu, Bandra, Andheri West, Versova and Prabhadevi, operating through redevelopment projects (reconstructing older buildings via development agreements), joint development projects with landowners, and greenfield projects on newly acquired land. As of November 2024, it had a developable area of 0.68 million square feet, with a portfolio of three completed projects, six under construction and seven upcoming, spanning both residential and commercial properties. The promoter, Anand Kamalnayan Pandit, a film producer, brings over 24 years of real estate experience, and the company counts Bollywood personalities including Amitabh Bachchan, Shah Rukh Khan and Hrithik Roshan among its investors. The promoters are Anand Kamalnayan Pandit, Roopa Anand Pandit and Ashka Anand Pandit, who together held about 91.78% of the company before the offer.
The IPO was a mainboard book-built issue of Rs 792 crore on the NSE and BSE, structured entirely as a fresh issue of 5,28,13,724 equity shares of face value Re 1 each, with no offer for sale, priced at Rs 140-150 per share, and it listed on 6 August 2025. Net proceeds from the fresh issue were earmarked mainly for investment in subsidiaries to part-fund development and construction costs of ongoing projects (about Rs 550 crore, or 70% of proceeds), with the balance for general corporate purposes.
Standalone · ₹ in Crores
| Particulars | FY Mar 2023 | FY Mar 2024 | FY Mar 2025 |
|---|---|---|---|
| Total Revenue | 169.95 | 466.19 | 569.28 |
| Profit After Tax (PAT) | 16.8 | 119.14 | 227.89 |
| EBITDA | 20.84 | 158.55 | 288.97 |
| Total Assets | 486.23 | 736.81 | 1,218.6 |
| Net Worth | 48.36 | 169.56 | 932.44 |
| Reserves & Surplus | 28.32 | 149.6 | 888.93 |
| Total Borrowing | 328.93 | 428.24 | 122.13 |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Mar 2025 |
|---|---|
| RoE Return on Equity Shows how much profit the company makes on the money shareholders have put in. 15% to 20% is healthy in most industries. | 24.39% |
| RoCE Return on Capital Employed Shows the profit earned on all the money used, shareholder funds plus loans. Matters most for factory and infrastructure heavy companies. | 27.22% |
| RoNW Return on Net Worth Shows the profit earned on the company's own net worth. Steady or rising over 3 years is a good sign. | 24.39% |
| PAT Margin Profit After Tax Margin Out of every ₹100 of sales, how much the company keeps after paying all costs, loan interest and tax. | 41.46% |
| EBITDA Margin Earnings Before Interest, Tax, Depreciation and Amortisation Margin Profit from the main business as a share of sales, before loan interest and tax. Compare it with other companies in the same industry. | 52.57% |
| Debt / Equity Debt to Equity How much the company has borrowed against what shareholders own. Above 1x means the loans are bigger than shareholder funds. | 0.13x |
| P/BV Price to Book Value Tells you if the IPO price is above what the company actually owns. 1x to 3x is usually seen as reasonable. | 7.01x |
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹5.23 | ₹4.66 |
| P/E Price to Earnings Tells you if the IPO price is fair for what the company earns. Compare it with listed companies in the same sector. | 28.69x | 32.17x |
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | ₹6,539 Cr | ₹9,563 Cr |
The basis of allotment for Sri Lotus Developers IPO was finalised on 04 Aug 2025. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Sri Lotus Developers IPO is expected to open in Jul 2025, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Sri Lotus Developers IPO is ₹140.00 - ₹150.00 per share.
As per market sources, Sri Lotus Developers IPO GMP is currently ₹27.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Sri Lotus Developers IPO stands at 69.14x overall.
The listing date for Sri Lotus Developers IPO is 06 Aug 2025.
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