Sri Lotus Developers and Realty Limited Link 
Allotment
The Sri Lotus Developers IPO is a book-built issue totaling ₹792.00 crore, comprising entirely a fresh issue of 5.28 crore equity shares.
The IPO opened for subscription on July 30, 2025, and closed on August 1, 2025. The allotment was finalized on August 4, 2025, and the shares were listed on both the BSE and NSE on August 6, 2025.
The price band for the IPO was set at ₹150 per share. The minimum application size was one lot of 100 shares, requiring an investment of ₹15,000 (based on the upper price). For small non-institutional investors (sNII), the minimum application was 14 lots (1,400 shares) amounting to ₹2,10,000, while for big non-institutional investors (bNII), it was 67 lots (6,700 shares) amounting to ₹10,05,000.
The issue also included a reservation of up to 1,47,058 shares for eligible employees, offered at a discount of ₹14 per share to the issue price.
Motilal Oswal Investment Advisors Ltd. acted as the book-running lead manager, and Kfin Technologies Ltd. served as the registrar of the issue.
₹150
0%
Open
₹150
HIgh - Low
₹150
Previous Close
₹150
Total Traded Value
0
52 Weeks High
₹150
52 Weeks Low
₹150
Updates On
Jul 20, 2025
IPO. Open
Jul 30, 2026
IPO. Close
Aug 1, 2026
IPO. Price
₹150.00
IPO Market price
₹7,330.65 Cr
IPO Details
| IPO Date | 6 Aug |
| IPO Listing Date | 6 Aug |
| IPO Face Value | ₹1 per share |
| IPO Price Range | ₹150.00 |
| IPO Issue Size | 5,28,13,724 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | ₹14.00 |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE, NSE Platform |
| hare Holding Pre Issue | 43,59,09,986 shares |
IPO Timeline
| IPO Open Date | 30 Jul |
| IPO Close Date | 1 Aug |
| IPO Allotment (Tentative) | 4 Aug |
| Refunds | 5 Aug |
| Credit to Demat Account | 5 Aug |
| IPO Listing Date | 6 Aug |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 1,12,85,714 Shares |
| NII (HNI) Shares Offered | 84,64,286 Shares |
| Retail Shares Offered | 1,97,50,000 Shares |
IPO Lot Size
Investors can apply for a minimum of 100 shares and in multiples of 100 thereafter.
| Application | Lots | Share | 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 |
Incorporated in February 2015, Sri Lotus Developers and Realty Limited is a Mumbai-based real estate developer focused on residential and commercial redevelopment projects in the western suburbs of Mumbai, Maharashtra. The company primarily operates in the ultra-luxury and luxury segments.
As of June 30, 2025, Sri Lotus Developers has a developable area of approximately 0.93 million square feet comprising both residential and commercial properties.
Business Focus
The company’s development strategy is centered on ultra-luxury and luxury real estate, including:
Luxury Residential Segment: Development of 2 BHK and 3 BHK residential units priced between ₹3 crore and ₹7 crore.
Ultra-Luxury Residential Segment: Development of 3 BHK and 4 BHK units, as well as larger apartments and penthouses with configurations exceeding four bedrooms (4+ BHK), typically priced above ₹7 crore.
Commercial Segment: Development of commercial office spaces.
As of June 30, 2025, the company’s project portfolio comprised four (4) completed projects, five (5) ongoing projects, and eleven (11) upcoming projects.
Competitive Strengths
Strong positioning in the ultra-luxury and luxury residential markets of Mumbai’s western suburbs, supported by a robust project pipeline and customer-centric approach
Established brand recognition enabling premium pricing and sales throughout the construction phase
Asset-light development model through development agreements, supporting strong operating cash flows
End-to-end project execution capabilities with a track record of timely project completion
Experienced promoters and management team
Company Financials (Consolidated)
| Assets | 1,218.60 | 736.81 | 486.23 |
| Total Income | 569.28 | 466.19 | 169.95 |
| Profit After Tax | 227.89 | 119.14 | 16.8 |
| EBITDA | 288.97 | 158.55 | 20.84 |
| NET Worth | 932.44 | 169.56 | 48.36 |
| Reserves and Surplus | 888.93 | 149.6 | 28.32 |
| Total Borrowing | 122.13 | 428.24 | 328.93 |
Key Performance Indicator (KPI)
| 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 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | 182.29 |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Sri Lotus Developers & Realty Ltd. Address
5th & 6th Floor, Lotus Towe
1 Jai Hind Society, N S Road No. 12/A,
JVPD Scheme, Juhu,
Mumbai, Maharashtra, 400049
+91 7506283400
investors@lotusdevelopers.com
https://lotusdevelopers.com/
Detail Registrar
IPO Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
srilotus.ipo@kfintech.com
https://ipostatus.kfintech.com/
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