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Sri Lotus Developers & Realty Limited IPO

Sri Lotus Developers & Realty Limited IPO

IPO Date :
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Allotment Date :
Listing Date :
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Listed Price: ₹ 178.00 (+18.67%)

The Initial Public Offering of Sri Lotus Developers & Realty Limited's culminated in its successful listing on 06-08-2025 at the NSE, BSE trading platform. The company secured 5,28,00,000 Shares through this capital market exercise, with 5,28,00,000 Shares allocated to new capital formation.

Investors participated within the price parameters of ₹140 to ₹150, with minimum investment requirements of 100 shares. The subscription period from 30-07-2025 to 01-08-2025 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on 04-08-2025. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

Sri Lotus IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Sri Lotus IPO Key Performance Indicator
Company Financials ( In Crores )

Sri Lotus IPO About Company

Sri Lotus Developers and Realty Limited, established in February 2015, is a real estate development company primarily operating in Mumbai, Maharashtra. The company specializes in the redevelopment of ultra-luxury and luxury residential and commercial properties, particularly in the western suburbs of Mumbai. As of November 30, 2024, it has a total developable area of 0.68 million square feet. The company focuses on constructing 2 BHK and 3 BHK flats priced between ₹3 crores and ₹7 crores, as well as larger units such as 3 BHK, 4 BHK, and penthouses priced above ₹7 crores. In the commercial segment, Sri Lotus develops premium office spaces tailored to high-end business requirements. As of the same date, the company has completed 3 projects, is working on 6 ongoing developments, and has 7 upcoming projects in the pipeline.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Sri Lotus IPO Strength Factors

  1. Established Presence in Mumbai's Prime Real Estate Market: Operates in the ultra-luxury and luxury housing segments in Mumbai’s western suburbs—one of the most expensive and in-demand real estate zones in India, ensuring continued relevance and demand.
  2. Recognized Premium Brand with Steady Demand: Known under the "Lotus Developers" brand for high construction quality, on-time project delivery, and customer satisfaction, enabling premium pricing even during the construction stage.
  3. Asset-Light Growth Strategy: Focuses on redevelopment and joint development agreements to reduce land acquisition costs, maintain healthy cash flows, and gain flexibility to enter new micro-markets across Mumbai.

Sri Lotus IPO Risk Factors

  1. Risk of Project Delays or Incompletion: Ongoing and future projects may be delayed or left unfinished due to land title disputes, regulatory barriers, financing issues, or challenges in obtaining occupant clearances—potentially affecting business performance.
  2. Large Inventory of Unsold Units: As of November 30, 2024, the company has 283 unsold units across various projects. Slow sales of this inventory could strain cash flows, reduce profitability, and impact overall financial health.
  3. Reliance on External Contractors: All construction and development work is outsourced. Delays or underperformance by third-party contractors or agencies could disrupt project timelines and hinder operations.

Sri Lotus IPO Lead Manager(s)

  • Monarch Networth Capital Limited
  • Motilal Oswal Investment Advisors Limited

Sri Lotus IPO Promoter(s)

  1. Anand Kamalnayan Pandit
  2. Roopa Anand Pandit
  3. Ashka Anand Pandit

Sri Lotus IPO Company Details

Sri Lotus Developers & Realty Limited
Phone:
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Sri Lotus IPO Registrar

Kfin Technologies Limited
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Sri Lotus IPO FAQs