{"id":20272,"date":"2025-08-01T06:31:16","date_gmt":"2025-08-01T06:31:16","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?post_type=ipo&#038;p=20272"},"modified":"2025-08-01T06:31:40","modified_gmt":"2025-08-01T06:31:40","slug":"sri-lotus-developers-ipo-day-2-gmp-and-subscription","status":"publish","type":"ipo","link":"https:\/\/wp-api.pocketful.in\/blog\/ipo\/sri-lotus-developers-ipo-day-2-gmp-and-subscription\/","title":{"rendered":"Sri Lotus Developers IPO Day 2 : Check GMP, Subscription Status &amp; Key Highlights"},"content":{"rendered":"\n<p>Sri Lotus Developers IPO opened for subscription on 30 July 2025. The issue of \u20b9792 crore consists entirely of a fresh issue of 5.28 crore shares. Its price band has been fixed at \u20b9140 to \u20b9150 per share and the listing is expected to happen on BSE and NSE on 6 August 2025.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/sri-lotus-developers-ipo-day-2-gmp-and-subscription\/#Sri_Lotus_Developers_IPO_Day_2_Subscription_Status\" title=\"Sri Lotus Developers IPO Day 2 Subscription Status\">Sri Lotus Developers IPO Day 2 Subscription Status<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/sri-lotus-developers-ipo-day-2-gmp-and-subscription\/#Objective_of_the_Sri_Lotus_Developers_IPO\" title=\"Objective of the Sri Lotus Developers IPO\">Objective of the Sri Lotus Developers IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/sri-lotus-developers-ipo-day-2-gmp-and-subscription\/#Sri_Lotus_Developers_IPO_GMP_%E2%80%93_Day_2_Update\" title=\"Sri Lotus Developers IPO GMP \u2013 Day 2 Update\">Sri Lotus Developers IPO GMP \u2013 Day 2 Update<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/sri-lotus-developers-ipo-day-2-gmp-and-subscription\/#Sri_Lotus_Developers_IPO_%E2%80%93_Key_Details\" title=\"Sri Lotus Developers IPO &#8211; Key Details\">Sri Lotus Developers IPO &#8211; Key Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/sri-lotus-developers-ipo-day-2-gmp-and-subscription\/#Important_Dates_for_Sri_Lotus_Developers_IPO_Allotment\" title=\"Important Dates for Sri Lotus Developers IPO Allotment\">Important Dates for Sri Lotus Developers IPO Allotment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/sri-lotus-developers-ipo-day-2-gmp-and-subscription\/#Sri_Lotus_Developers_Overview\" title=\"Sri Lotus Developers Overview\">Sri Lotus Developers Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/sri-lotus-developers-ipo-day-2-gmp-and-subscription\/#Easy_Steps_to_Apply_for_Sri_Lotus_Developers_IPO_via_Pocketful\" title=\"Easy Steps to Apply for Sri Lotus Developers IPO via Pocketful\">Easy Steps to Apply for Sri Lotus Developers IPO via Pocketful<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/sri-lotus-developers-ipo-day-2-gmp-and-subscription\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-sri-lotus-developers-ipo-day-2-subscription-status\"><span class=\"ez-toc-section\" id=\"Sri_Lotus_Developers_IPO_Day_2_Subscription_Status\"><\/span>Sri Lotus Developers IPO Day 2 Subscription Status<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Sri Lotus Developers IPO has received a total subscription of 11.10 times till the second day. The retail category has received 9.58 times, QIB 9.31 times and the NII segment has received the highest number of applications at 17.10 times. In total, more than 15 lakh applications have been submitted and bids worth more than \u20b9 6,165 crore have been received. This data is till 5:04 pm on July 31, 2025 (Day 2 Completion Status).<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Investor Category<\/th><th class=\"has-text-align-center\" data-align=\"center\">Subscription (x)<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Qualified Institutional Buyers (QIB)<\/td><td class=\"has-text-align-center\" data-align=\"center\">9.31<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Non-Institutional Investors (NII)<\/td><td class=\"has-text-align-center\" data-align=\"center\">17.10<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">bNII (above \u20b910 lakh)<\/td><td class=\"has-text-align-center\" data-align=\"center\">14.11<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">sNII (less than \u20b910 lakh)<\/td><td class=\"has-text-align-center\" data-align=\"center\">23.09<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Retail Individual Investors (RII)<\/td><td class=\"has-text-align-center\" data-align=\"center\">9.58<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Employee Quota<\/td><td class=\"has-text-align-center\" data-align=\"center\">8.46<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Total Subscriptions<\/td><td class=\"has-text-align-center\" data-align=\"center\">11.10<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Total Applications: 15,09,224<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-objective-of-the-sri-lotus-developers-ipo\"><span class=\"ez-toc-section\" id=\"Objective_of_the_Sri_Lotus_Developers_IPO\"><\/span>Objective of the Sri Lotus Developers IPO<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The funds raised from Sri Lotus Developers 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.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Use of IPO Proceeds<\/th><th class=\"has-text-align-center\" data-align=\"center\">Amount (\u20b9 Cr)<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">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<\/td><td class=\"has-text-align-center\" data-align=\"center\">550.00<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">General corporate purposes<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u2013<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-sri-lotus-developers-ipo-gmp-day-2-update\"><span class=\"ez-toc-section\" id=\"Sri_Lotus_Developers_IPO_GMP_%E2%80%93_Day_2_Update\"><\/span>Sri Lotus Developers IPO GMP \u2013 Day 2 Update<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The last Grey Market Premium of Sri Lotus Developers IPO was recorded at \u20b942 on July 31, 2025. Considering the price band\u2019s upper limit of \u20b9150, the estimated listing price works out to be \u20b9192. This means that the estimated listing gain per share is around 28%.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Date<\/th><th class=\"has-text-align-center\" data-align=\"center\">GMP (\u20b9)<\/th><th class=\"has-text-align-center\" data-align=\"center\">Est. Listing Price (\u20b9)<\/th><th class=\"has-text-align-center\" data-align=\"center\">Gain (%)<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">31 July 2025 (DAY-2)<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b942<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b9192<\/td><td class=\"has-text-align-center\" data-align=\"center\">28%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Disclaimer: <\/strong>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&#8217;s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-sri-lotus-developers-ipo-key-details\"><span class=\"ez-toc-section\" id=\"Sri_Lotus_Developers_IPO_%E2%80%93_Key_Details\"><\/span>Sri Lotus Developers IPO &#8211; Key Details<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-left\" data-align=\"left\">Details<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">IPO Opening Date<\/td><td class=\"has-text-align-left\" data-align=\"left\">July 30, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">IPO Closing Date<\/td><td class=\"has-text-align-left\" data-align=\"left\">August 1, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Issue Price Band<\/td><td class=\"has-text-align-left\" data-align=\"left\">\u20b9140 to \u20b9150 per share<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Total Issue Size<\/td><td class=\"has-text-align-left\" data-align=\"left\">5,28,00,000 shares(aggregating up to \u20b9792.00 Cr)<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Listing Platform<\/td><td class=\"has-text-align-left\" data-align=\"left\">BSE, NSE<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Registrar<\/td><td class=\"has-text-align-left\" data-align=\"left\">Kfin Technologies Limited<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Sri Lotus Developers IPO DRHP<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/jan-2025\/sri-lotus-developers-and-realty-limited_90557.html\">Click Here<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-important-dates-for-sri-lotus-developers-ipo-allotment\"><span class=\"ez-toc-section\" id=\"Important_Dates_for_Sri_Lotus_Developers_IPO_Allotment\"><\/span>Important Dates for Sri Lotus Developers IPO Allotment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Event<\/th><th class=\"has-text-align-center\" data-align=\"center\">Date<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Tentative Allotment<\/td><td class=\"has-text-align-center\" data-align=\"center\">Aug 4, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Refunds Initiation<\/td><td class=\"has-text-align-center\" data-align=\"center\">Aug 5, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Credit of Shares to Demat<\/td><td class=\"has-text-align-center\" data-align=\"center\">Aug 5, 2025<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Listing Date on BSE SME<\/td><td class=\"has-text-align-center\" data-align=\"center\">Aug 6, 2025<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-sri-lotus-developers-overview\"><span class=\"ez-toc-section\" id=\"Sri_Lotus_Developers_Overview\"><\/span>Sri Lotus Developers Overview<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Sri Lotus Developers &amp; 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&#8217;s main focus is on the construction of 2BHK and 3BHK flats (\u20b93-7 crores) and 3BHK to 4+ BHK penthouses (\u20b97 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&#8217;s leadership team is equipped with experienced promoters and management professionals.<\/p>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/sri-lotus-developers-realty-ipo-day-1-gmp-subscription-status\/\">Sri Lotus Developers &amp; Realty IPO Day 1: GMP &amp; Subscription Status<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-easy-steps-to-apply-for-sri-lotus-developers-ipo-via-pocketful\"><span class=\"ez-toc-section\" id=\"Easy_Steps_to_Apply_for_Sri_Lotus_Developers_IPO_via_Pocketful\"><\/span>Easy Steps to Apply for Sri Lotus Developers IPO via <a href=\"https:\/\/web.pocketful.in\/new-user\">Pocketful<\/a><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Step 1 :&nbsp; Install the Pocketful App from <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=in.pocketful.android&amp;hl=en_IN\">Play Store<\/a> or <a href=\"https:\/\/apps.apple.com\/in\/app\/pocketful-share-market-app\/id6503890518\">App Store<\/a><\/p>\n\n\n\n<p>Step 2 : Sign up and complete your KYC requirements<\/p>\n\n\n\n<p>Step 3 : Go to the IPO section from the home page<\/p>\n\n\n\n<p>Step 4 : Look for \u201cSri Lotus Developers IPO\u201d in the list<\/p>\n\n\n\n<p>Step 5 : Tap on Apply and enter your bid details<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\">What is the opening and closing date of Sri Lotus Developers IPO?<\/h3><p class=\"saswp-faq-answer-text\">Sri Lotus Developers IPO is open on 30th July 2025 and will close on 1st August 2025.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What is the price band of Sri Lotus Developers IPO?<\/h3><p class=\"saswp-faq-answer-text\">Its price band is fixed from \u20b9140 to \u20b9150 per share.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What is the GMP (Grey Market Premium) of Sri Lotus Developers IPO today?<\/h3><p class=\"saswp-faq-answer-text\">The GMP on 31th July 2025 is \u20b942, which leads to a possible listing price of \u20b9192.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">When will the allotment and listing of Sri Lotus Developers IPO happen?<\/h3><p class=\"saswp-faq-answer-text\">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.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Is there an Offer for Sale (OFS) in Sri Lotus Developers IPO?<\/h3><p class=\"saswp-faq-answer-text\">No, this IPO is a completely fresh issue.<\/p><\/ul><\/div>","protected":false},"excerpt":{"rendered":"<p>Sri Lotus Developers IPO opened for subscription on 30 July 2025. The issue of \u20b9792 crore consists entirely of a fresh issue of 5.28 crore shares. Its price band has been fixed at \u20b9140 to \u20b9150 per share and the listing is expected to happen on BSE and NSE on 6 August 2025. Sri Lotus [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":20286,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[183],"class_list":["post-20272","ipo","type-ipo","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"acf":{"freelancer":"Harjyot"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sri Lotus Developers IPO Day 2 : Check GMP, Subscription Status<\/title>\n<meta name=\"description\" content=\"Sri Lotus Developers IPO Day 2 sees 11.10x subscription. 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