Sri Lotus Developers and Realty
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MainboardClosed
IPO Timeline
Issue open date
30 Jul 2025Issue close date
1 Aug 2025UPI mandate deadline
1 Aug 2025Allotment finalization
4 Aug 2025Refund initiation
5 Aug 2025Share credit
5 Aug 2025Listing date
6 Aug 2025Mandate end date
18 Aug 2025Lock-in end date for anchor investors (50%)
1 Sep 2025Lock-in end date for anchor investors (remaining)
2 Nov 2025Grey Market Premium Trend
₹37
Current GMP
₹187
Est. Listing Price
24.7%
Est. Listing Gain
₹140 - ₹150
Price Band
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 1 Aug | ₹37 | ₹187 | 24.67% |
| 31 Jul | ₹37 | ₹187 | 24.67% |
| 30 Jul | ₹42 | ₹192 | 28.00% |
| 29 Jul | ₹44 | ₹194 | 29.33% |
| 28 Jul | ₹44 | ₹194 | 29.33% |
| 27 Jul | ₹40 | ₹190 | 26.67% |
| 26 Jul | ₹32 | ₹182 | 21.33% |
| 25 Jul | ₹32 | ₹182 | 21.33% |
| 24 Jul | ₹32 | ₹182 | 21.33% |
| 23 Jul | ₹34 | ₹184 | 22.67% |
| 22 Jul | ₹51 | ₹201 | 34.00% |
| 21 Jul | ₹0 | ₹150 | 0.00% |
Key Dates
Open
30 Jul 2025Close
1 Aug 2025Listing
6 Aug 2025Quick Stats
Issue Size:792cr
Lot Size:100 shares
Issue Details
Issue Size:792cr
Face Value:₹1
Listing At:BSE & NSE
Reservation
50%
QIB
15%
NII
35%
Retail
Additional Resources
About the Company
Sri Lotus Developers and Realty, founded in 2015, is a real estate developer based in Mumbai, specialising in ultra-luxury and luxury residential properties and commercial developments. The company operates primarily in the western suburbs, focusing on redevelopment projects. As of November 30, 2024, Sri Lotus Developers has a developable area of 0.68 million square feet, with a portfolio that includes completed, ongoing, and upcoming residential and commercial projects. The company aims to deliver quality real estate through a customer-focused approach and efficient project management.
Strengths
- Focused on Ultra Luxury and Luxury markets in Mumbai’s Western Suburbs.
- Recognised brand with premium pricing and sales throughout construction.
- Asset-light model through development agreements, ensuring strong cash flow.
- End-to-end project capabilities and timely completion.
- Experienced Promoters and management team.
Risks
- Statutory and regulatory approvals or permits may not be obtained or renewed, affecting project development.
- Reliance on luxury and ultra-luxury residential development, dependent on high-net-worth individuals’ demands.
- Delays or issues with ongoing and upcoming projects may affect business and results.
- Credit and performance risks from third-party contractors and specialists may impact operations.
- Potential loss of land acquisition agreements or advances due to invalid or expired contracts.
Sri Lotus Developers and Realty IPO – Frequently Asked Questions
- The price band for the Sri Lotus Developers and Realty IPO is set at ₹140 to ₹150 per share.
- The Sri Lotus Developers and Realty IPO opens on July 30, 2025 and closes on August 1, 2025.
- The tentative listing date for the Sri Lotus Developers and Realty IPO is August 6, 2025.
- You can apply for the Sri Lotus Developers and Realty IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Sri Lotus Developers and Realty, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Sri Lotus Developers and Realty IPO is 100 shares. Investors must apply for at least one lot (i.e., 100 shares).