Sri Lotus Developers & Realty IPO has opened for subscription today, 30 July 2025. The issue of ₹792 crore consists 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 & Realty IPO Day 1 Subscription Status
Sri Lotus Developers & Realty IPO received a good response on the first day. The total issue was subscribed 3.86 times, with the highest participation coming from QIB and retail investors.
| Investor Category | Subscription (x) |
|---|---|
| Qualified Institutional Buyers (QIB) | 5.68 |
| Non-Institutional Investors (NII) | 3.32 |
| bNII (above ₹10 lakh) | 2.69 |
| sNII (less than ₹10 lakh) | 4.59 |
| Retail Individual Investors (RII) | 3.05 |
| Employee Quota | 3.24 |
| Total Subscriptions | 3.86 |
Total Applications: 4,62,372
Total Bid Amount: ₹2,141 crore
Objective of the Sri Lotus Developers & Realty IPO
The funds raised from Sri Lotus Developers & Realty IPO will be used by the company to further its development work. The funds will be primarily used 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 & Realty IPO GMP – Day 1 Update
The last GMP of Sri Lotus Developers IPO was recorded at ₹44, which was updated at 5:00 pm on July 30, 2025. Considering the upper price limit of ₹150, its estimated listing price works out to be ₹194. That means the estimated listing gain per share could be around 29.33%.
| Date | GMP (₹) | Est. Listing Price (₹) | Gain (%) |
| 30 July 2025 (DAY-1) | ₹44 | ₹194 | 29.33% |
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 & Realty 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 & Realty IPO Allotment
| Event | Date |
|---|---|
| Tentative Allotment | Aug 4, 2025 |
| Refunds Initiation | Aug 5, 2025 |
| Credit of Shares to Demat | Aug 5, 2025 |
| Listing Date on BSE SME | Aug 6, 2025 |
Sri Lotus Developers & Realty 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.
Easy Steps to Apply for Sri Lotus Developers & Realty IPO via Pocketful
Step 1 : Install the Pocketful Trading App from Play Store or App Store
Step 2 : Sign up and complete your KYC requirements
Step 3 : Go to the IPO section from the home page
Step 4 : Look for “Sri Lotus Developers & Realty” in the list
Step 5 : Tap on Apply and enter your bid details
Frequently Asked Questions (FAQs)
What is the opening and closing date of Sri Lotus Developers & Realty 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 & Realty IPO?
Its price band is fixed from ₹140 to ₹150 per share.
What is the GMP (Grey Market Premium) of Sri Lotus Developers & Realty IPO today?
The GMP on 30th July 2025 is ₹44, which leads to a possible listing price of ₹194.
When will the allotment and listing of Sri Lotus Developers & Realty IPO happen?
Allotment is expected on 4 August 2025 and listing may happen on 6 August 2025 on BSE and NSE.
Is there an Offer for Sale (OFS) in Sri Lotus Developers & Realty IPO?
No, this IPO is a completely fresh issue.
