Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Published on Thursday, July 24, 2025 by Chittorgarh.com Team
Sri Lotus Developers & Realty Ltd., a prominent player in the ultra-luxury and luxury real estate segments of Mumbai's western suburbs, has officially announced the price band for its upcoming Initial Public Offering (IPO). The company aims to raise up to ₹792.00 crore through this fresh issue of 5.28 crore equity shares.
The highly anticipated IPO is priced at ₹140 to ₹150 per equity share, with a face value of ₹1 each. Investors will be able to bid for a minimum of 100 equity shares, and in multiples thereof.
For retail individual investors (RIIs), the minimum investment amount at the upper end of the price band (₹150 per share) for one lot (100 shares) will be ₹15,000. The maximum investment for retail investors is capped at 13 lots, amounting to ₹195,000.
High Net Worth Individuals (HNIs) can apply in two categories: Small HNI (S-HNI) for amounts between ₹210,000 and ₹990,000 (14 to 66 lots), and Big HNI (B-HNI) for investments exceeding ₹1,005,000 (67 lots and above). Read More Sri Lotus Developers IPO Lot Size
A discount of ₹14 per equity share is being offered to eligible employees bidding in the employee reservation portion of the IPO.
The bidding period for the Sri Lotus Developers & Realty IPO is set as follows:
Following the bidding, the tentative timeline for allotment and listing is:
The shares of Sri Lotus Developers & Realty Ltd. are proposed to be listed on both the BSE and NSE exchanges.
Incorporated in February 2015, Sri Lotus Developers & Realty Ltd. specializes in the redevelopment of luxury and ultra-luxury residential and commercial properties across Mumbai’s western suburbs, including high-demand areas such as Malad, Goregaon, and Juhu.
As of June 30, 2025, the company has a developable area of 0.93 million sq. ft., featuring:
The entire IPO is a fresh issue, with no Offer-for-Sale (OFS), ensuring that all proceeds will directly support:
Motilal Oswal Investment Advisors Ltd. and Monarch Networth Capital Ltd are acting as the Book Running Lead Manager (BRLM), while Kfin Technologies Ltd. is the Registrar to the Issue.
