Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Sri Lotus Developers IPO is a book build issue of ₹792.00 crores. The issue is entirely a fresh issue of 5.28 crore shares of ₹792.00 crore.
Sri Lotus Developers IPO bidding started from Jul 30, 2025 and ended on Aug 1, 2025. The allotment for Sri Lotus Developers IPO was finalized on Aug 4, 2025. The shares got listed on BSE, NSE on Aug 6, 2025.
Sri Lotus Developers IPO price band is set at ₹150.00 per share . The lot size for an application is 100. The minimum amount of investment required by an retail is ₹15,000 (100 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,400 shares), amounting to ₹2,10,000, and for bNII, it is 67 lots (6,700 shares), amounting to ₹10,05,000.
The issue includes a reservation of up to 1,47,058 shares for employees offered at a discount of ₹14.00 to the issue price.
Motilal Oswal Investment Advisors Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Sri Lotus Developers IPO RHP for detailed Information.
| IPO Date | July 30, 2025 to August 1, 2025 |
| Listing Date | August 6, 2025 |
| Face Value | ₹1 per share |
| Issue Price Band | ₹140 to ₹150 per share |
| Issue Price Final | ₹150 per share |
| Lot Size | 100 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 5,28,13,724 shares (aggregating up to ₹792.00 Cr) |
| Employee Discount | ₹14.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 43,59,09,986 shares |
| Share Holding Post Issue | 48,87,23,710 shares |
Sri Lotus Developers IPO offers total 5,28,13,724 shares. Out of which 2,63,33,332 (49.86%) allocated to QIB, 1,05,33,333 (19.94%) allocated to QIB (Ex- Anchor), 79,00,000 (14.96%) allocated to NII, 1,84,33,334 (34.90%) allocated to RII and 1,57,99,999 (29.92%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 2,63,33,332 (49.86%) | NA |
| − Anchor Investor Shares Offered | 1,57,99,999 (29.92%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 1,05,33,333 (19.94%) | NA |
| NII (HNI) Shares Offered | 79,00,000 (14.96%) | NA |
| − bNII > ₹10L | 52,66,666 (9.97%) | 3,761 |
| − sNII < ₹10L | 26,33,334 (4.99%) | 1,880 |
| Retail Shares Offered | 1,84,33,334 (34.90%) | 1,84,333 |
| Employee Shares Offered | 1,47,058 (0.28%) | NA |
| Total Shares Offered | 5,28,13,724 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Up to Rs 5 Lakhs | Yes |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Sri Lotus Developers IPO raises ₹237.00 crore from anchor investors. Sri Lotus Developers IPO Anchor bid date is July 29, 2025. Sri Lotus Developers IPO Anchor Investors list
| Bid Date | July 29, 2025 |
| Shares Offered | 1,57,99,999 |
| Anchor Portion Size (In Cr.) | 237.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | September 2, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | November 1, 2025 |
Sri Lotus Developers IPO opens on July 30, 2025, and closes on August 1, 2025.
| IPO Open Date | Wed, Jul 30, 2025 |
| IPO Close Date | Fri, Aug 1, 2025 |
| Tentative Allotment | Mon, Aug 4, 2025 |
| Initiation of Refunds | Tue, Aug 5, 2025 |
| Credit of Shares to Demat | Tue, Aug 5, 2025 |
| Tentative Listing Date | Wed, Aug 6, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Aug 1, 2025 |
Investors can bid for a minimum of 100 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹15,000 |
| Retail (Max) | 13 | 1,300 | ₹1,95,000 |
| S-HNI (Min) | 14 | 1,400 | ₹2,10,000 |
| S-HNI (Max) | 66 | 6,600 | ₹9,90,000 |
| B-HNI (Min) | 67 | 6,700 | ₹10,05,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in February 2015, Sri Lotus Developers and Realty Limited is a developer of residential and commercial properties located in Mumbai, Maharashtra, specializing in redevelopment projects within the ultra-luxury and luxury segments of the western suburbs.
As of June 30, 2025, the company possesses a developable area of 0.93 million square feet, encompassing residential and commercial properties.
The company's developmental focus is primarily directed towards ultra-luxury and luxury residential properties, in addition to commercial properties, through the following initiatives:
As of June 30, 2025, the company has four (4) Completed Projects, five (5) Ongoing Projects and eleven (11) Upcoming Projects.
Sri Lotus Developers & Realty Ltd.'s revenue increased by 22% and profit after tax (PAT) rose by 91% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 1,218.60 | 736.81 | 486.23 |
| Total Income | 569.28 | 466.19 | 169.95 |
| Profit After Tax | 227.89 | 119.14 | 16.80 |
| EBITDA | 288.97 | 158.55 | 20.84 |
| Net Worth | 932.44 | 169.56 | 48.36 |
| Reserves and Surplus | 888.93 | 149.60 | 28.32 |
| Total Borrowing | 122.13 | 428.24 | 328.93 |
| Amount in ₹ Crore | |||
The market capitalization of Sri Lotus Developers IPO is ₹7330.65 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 24.39% |
| ROCE | 27.22% |
| Debt/Equity | 0.13 |
| RoNW | 24.39% |
| PAT Margin | 41.46% |
| EBITDA Margin | 52.57% |
| Price to Book Value | 7.01 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 5.23 | 4.66 |
| P/E (x) | 28.69 | 32.17 |
The Company Sri Lotus Developers IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Investment in the Subsidiaries, Richfeel Real Estate Private Limited, Dhyan Projects Private Limited and Tryksha Real Estate Private Limited for part-funding development and construction cost of their Ongoing Projects, Amalfi, The Arcadian and Varun, respectively | 550.00 |
| 2 | General corporate purposes | 182.29 |
[Dilip Davda] SLDRL enjoys numero uno status in ultra-luxury/luxury residential/commercial complexes in and around western suburbs of Mumbai region. The company posted spectacular performances from FY24 onwards. Many Bollywood entities have parked funds in SLDRL’s Pre-IPO placement. The company is operating in a highly competitive and fragmented segment. Based on recent financial data, the issue appears fully priced. Well-informed investors may park funds for medium to long term. Read detail review...
| Listing Date | August 6, 2025 |
| BSE Script Code | 544469 |
| NSE Symbol | LOTUSDEV |
| ISIN | INE0V9Q01010 |
| Final Issue Price | ₹150 per share |
| NSE Listing Group | EQ |
| BSE Listing Group | B |
Sri Lotus Developers & Realty Ltd.
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/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: srilotus.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Sri Lotus Developers IPO is a main-board IPO of 5,28,13,724 equity shares of the face value of ₹1 aggregating up to ₹792.00 Crores. The issue is priced at ₹150 per share. The minimum order quantity is 100.
The IPO opens on July 30, 2025, and closes on August 1, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Sri Lotus Developers IPO using UPI as a payment gateway. Zerodha customers can apply in Sri Lotus Developers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sri Lotus Developers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sri Lotus Developers IPO opens on July 30, 2025 and closes on August 1, 2025.
Sri Lotus Developers IPO lot size is 100, and the minimum amount required for application is ₹15,000.
You can apply in Sri Lotus Developers IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sri Lotus Developers IPO will be done on Monday, August 4, 2025, and the allotted shares will be credited to your demat account by Tuesday, August 5, 2025. Check the Sri Lotus Developers IPO allotment status.
The Sri Lotus Developers IPO listing date is on Wednesday, August 6, 2025.
Useful Articles
RHP