Sri Lotus Developers And Realty Limited IPO

Sri Lotus Developers And Realty Limited IPO

Sri Lotus Developers and Realty Limited is a Mumbai-based real estate developer focused on residential and commercial redevelopment projects in the Ultra Luxury and Luxury segments, primarily in the city’s western suburbs. With operations rooted in one of India’s largest real estate markets, the company emphasizes customer satisfaction and lifestyle enhancement through its developments. It is led by promoter Anand Kamalnayan Pandit, who brings over 24 years of industry experience.

Read More
Price Band

₹0.00

Dates

-

GMP

₹0 (-)

Subscriptions

-

Issue Size

₹792.00 Crs

Sri Lotus Developers IPO Key Dates
Opening Date

-

Closing Date

-

Basis Of Allotment

-

Initiations Of Refund

-

Credit Of Shares

-

Listing Date

-

Sri Lotus Developers IPO Objects

  1. Investment in our Subsidiaries for part-funding development and construction cost of our Ongoing Projects, Amalfi, The Arcadian and Varun, respectively
  2. General corporate purposes

Sri Lotus Developers IPO Details
Price Band

₹0.00

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹792.00 Cr (0.00 Shares)

Offer For Sale

₹0.00 (0.00 Shares)

Total Issue

₹792.00 Cr (0.00 Shares)

Face Value

₹1 per equity share

Sri Lotus Developers IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 0 0 0
Maximum - - -
Small HNI
Minimum - - -
Maximum - - -
Big HNI
Minimum - - -
Sri Lotus Developers IPO GMP

The estimated Grey Market Premium of Sri Lotus Developers IPO is ₹0 per share (-)

Category Allocation
Particulars Allocation
QIBs Not more than 50% of Net Offer
Big HNIs (NII) Not less than 10% of Net Offer
Small HNIs (NII) Not less than 5% of Net Offer
Retail Not less than 35% of Net Offer
Employee TBD
Shareholder NA
Sri Lotus Developers IPO Financials

(Rs. in crores)

Particulars Sep-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 243.43 461.58 166.87 102.58
Profit after Tax 90.63 119.81 16.29 12.51
Net Worth 398.30 169.56 48.36 31.69
Total Borrowing 462.18 428.24 328.93 336.13
Total Assets 1,012.74 736.81 486.23 424.52
NAV per share (in ₹) 9.73 4.24 1.21 0.79
EPS - Basic (in ₹) 2.26 3.00 0.42 0.32

The financial information presented is on a consolidated basis.

Key Performance Indicators
KPI Values
EBITDA 34.35%
PAT 25.96%
ROE 70.68%
ROCE 26.28%
Debt to Equity 2.51
  • All the data pertains to FY 2023-24
Sri Lotus Developers IPO Peer Comparision

.

Sri Lotus Developers IPO Peer Comparision

.

Promoter Details
Name Shareholding
Anand Kamalnayan Pandit 80.75%
Other Promoter 11.02%
Total 91.78%
Management Details
Name Designation
Anand Pandit Chairman & MD
Sanjay Jain CEO
Rakesh Gupta CFO
Company Details

Name: Sri Lotus Developers and Realty Limited

Address: 5th & 6th Floor, Lotus Tower, 1 Jai Hind Society, N S Road No. 12/A, JVPD Scheme, Juhu, Mumbai-400049, Maharashtra, India.

Number: +91 7506283400

Email: investors@lotusdevelopers.com

Website: www.lotusdevelopers.com

Book Running Lead Managers (BRLMs)
Company
Monarch Networth Capital
Visit Website
Company
Motilal Oswal Investment
Visit Website
RTAs
Company
KFin Technologies
Visit Website

Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Sri Lotus Developers IPO is a Mainboard IPO having an issue size of Rs. ₹792.00 Crs. Sri Lotus Developers IPO is priced at ₹0.00 - ₹0.00 per share. The issue opens on 12 Jul 25 and closes on 12 Jul 25.

Sri Lotus Developers IPO opens on 12 Jul 25 and closes on 12 Jul 25.

The estimated Grey Market Premium of Sri Lotus Developers IPO is ₹0 per share (-).

The minimum lot size of Sri Lotus Developers IPO is 0.00 shares & the minimum application amount is Rs. 0.

The allotment date of Sri Lotus Developers IPO is 12 Jul 25.

The listing date of Sri Lotus Developers IPO is 12 Jul 25.

Sri Lotus Developers IPO is subscribed -.

Sri Lotus Developers IPO is priced at ₹0.00 - ₹0.00 per share.

Click the allotment link on Sri Lotus Developers IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Sri Lotus Developers IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date