Sri Lotus Developers IPO has closed for subscription today, 1 August 2025. The issue of ₹792 crore, entirely of a fresh issue of 5.28 crore shares. Its price band has been fixed at ₹140 to ₹150 per share and the listing is expected to happen on BSE and NSE on 6 August 2025.
Sri Lotus Developers IPO Day 3 Subscription Status
Sri Lotus Developers IPO has received an overall subscription of 74.10 times. As of 5:00 pm on August 1, 2025 (Day 3), the retail category has been subscribed 21.77 times, QIB 175.61 times, and NII 61.82 times. This means that this IPO has received an overwhelming response from all investor segments.
Investor Category | Subscription (x) |
---|---|
Qualified Institutional Buyers (QIB) | 175.61 |
Non-Institutional Investors (NII) | 61.82 |
bNII (above ₹10 lakh) | 59.13 |
sNII (less than ₹10 lakh) | 67.22 |
Retail Individual Investors (RII) | 21.77 |
Employee Quota | 21.37 |
Total Subscriptions | 74.10 |
Total Applications: 34,79,062
How to Check Sri Lotus Developers & Realty Limited IPO Allotment Status
Sri Lotus Developers & Realty Limited IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.
Method 1: Registrar’s website (Kfin Technologies Limited.)
The most reliable way is to check allotment from the Kfin Technologies Limited website.
How to do:
- Visit Kfin Technologies official website
- Select “Sri Lotus Developers & Realty Limited Ltd.” from the IPO list
- Enter your details PAN number, Application number, or DP/Client ID
- Click on Submit
- You will see the allotment status on the screen.
Method 2: Check from BSE or NSE’s website
If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.
How to do:
- Visit BSE or NSE’s official website
- Select ‘Equity’ segment
- Select “Sri Lotus Developers & Realty Limited Ltd.” from the IPO list
- Enter PAN number and Application number
- Click on Search
Read Also: Sri Lotus Developers IPO Day 2 : Check GMP, Subscription Status & Key Highlights
Objective of the Sri Lotus Developers IPO
The funds raised from Sri Lotus Developers IPO will be used by the company to meet the construction costs of ongoing projects of subsidiary companies and general corporate needs.
Use of IPO Proceeds | Amount (₹ Cr) |
---|---|
Investments in subsidiary companies Richfeel Real Estate Pvt. Ltd., Dhyan Projects Pvt. Ltd., and Tryksha Real Estate Pvt. Ltd. to partially fund the development and construction costs of their ongoing projects Amalfi, The Arcadian, and Varun | 550.00 |
General corporate purposes | – |
Sri Lotus Developers IPO GMP – Day 3 Update
The last Grey Market Premium of Sri Lotus Developers IPO was recorded at ₹38, updated at 4:34 PM on August 1, 2025. Considering the price band of ₹150, the estimated listing price works out to be ₹188 (Cap Price + Today’s GMP). This means that the estimated listing gain per share is around 25.33%.
Date | GMP | Est. Listing Price | Gain (%) |
---|---|---|---|
1 Aug 2025 (DAY-3) | ₹38 | ₹188 | 25.33% |
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.
Sri Lotus Developers IPO – Key Details
Particulars | Details |
---|---|
IPO Opening Date | July 30, 2025 |
IPO Closing Date | August 1, 2025 |
Issue Price Band | ₹140 to ₹150 per share |
Total Issue Size | 5,28,00,000 shares(aggregating up to ₹792.00 Cr) |
Listing Platform | BSE, NSE |
Registrar | Kfin Technologies Limited |
Sri Lotus Developers IPO DRHP | Click Here |
Important Dates for Sri Lotus Developers IPO Allotment
Event | Date |
---|---|
Tentative Allotment | Aug 4, 2025 |
Refunds Initiation | Aug 5, 2025 |
Credit of Shares to Demat | Aug 5, 2025 |
Listing Date | Aug 6, 2025 |
Read Also: Sri Lotus Developers & Realty IPO Day 1: GMP & Subscription Status
Sri Lotus Developers Overview
Sri Lotus Developers & Realty Limited was founded in February 2015 and is a leading real estate company in Mumbai, specializing in the redevelopment of ultra-luxury and luxury residential projects in the Western Suburbs. As of June 30, 2025, the company has a total developable area of 0.93 million square feet, which includes both residential and commercial properties. The company’s main focus is on the construction of 2BHK and 3BHK flats (₹3-7 crores) and 3BHK to 4+ BHK penthouses (₹7 crores and above) in the high-end segment. Along with this, the company is also active in the development of premium commercial office spaces. So far, the company has completed 4 projects, 5 projects are in progress and 11 new projects are in the pipeline. Features such as strong brand value, ability to sell at premium prices, asset-light business model and timely project delivery make it a reliable real estate company. The company’s leadership team is equipped with experienced promoters and management professionals.
Frequently Asked Questions (FAQs)
What is the opening and closing date of Sri Lotus Developers IPO?
Sri Lotus Developers IPO is open on 30th July 2025 and will close on 1st August 2025.
What is the price band of Sri Lotus Developers IPO?
Its price band is fixed from ₹140 to ₹150 per share.
What is the GMP (Grey Market Premium) of Sri Lotus Developers IPO today?
The GMP on 1 Aug 2025 is ₹38, which leads to a possible listing price of ₹188.
When will the allotment and listing of Sri Lotus Developers IPO happen?
Allotment of shares will be done on 4 August 2025 and listing of shares will take place on 6 August 2025 on BSE and NSE.
Is there an Offer for Sale (OFS) in Sri Lotus Developers IPO?
No, this IPO is a completely fresh issue.