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.
Price Band₹140 - ₹150 |
Dates30 Jul - 01 Aug |
GMP₹33 (22.00%) |
Subscriptions69.14 times |
Issue Size₹792.00 Crs |
Sri Lotus Developers IPO Objects
- Investment in our Subsidiaries for part-funding development and construction cost of our ongoing projects
- General corporate purposes
Sri Lotus Developers IPO Details
Price Band₹140 - ₹150 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹792.00 Cr (5.28 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹792.00 Cr (5.27 Cr Shares) |
Face Value₹1 per equity share |
Sri Lotus Developers IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
100
15,000
Maximum
13
1,300
1,95,000
|
|||
| Small HNI |
Minimum
14
1,400
2,10,000
Maximum
66
6,600
9,90,000
|
|||
| Big HNI |
Minimum
67
6,700
10,05,000
|
|||
Sri Lotus Developers IPO Subscription
Updated as on 01-Aug-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 163.90 | 1,12,85,714 | 1,84,97,37,200 |
| NII | 57.71 | 84,64,286 | 48,84,88,300 |
| bNII (bids above ₹10L) | 55.19 | 56,42,858 | 31,14,07,400 |
| sNII (bids between ₹2L to ₹10L) | 62.76 | 28,21,428 | 17,70,80,900 |
| Retail | 20.28 | 1,97,50,000 | 40,04,95,100 |
| Employee | 19.84 | 1,58,730 | 31,48,800 |
| Total | 69.14 | 3,96,58,730 | 2,74,18,69,400 |
Sri Lotus Developers IPO GMP
The estimated Grey Market Premium of Sri Lotus Developers IPO is ₹33 per share (22.00%)
Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
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 | Rs. 2 Cr |
| Shareholder | NA |
Sri Lotus Developers IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 549.68 | 461.58 | 166.87 |
| Profit after Tax | 227.89 | 119.81 | 16.29 |
| Share Capital | 43.59 | 20.00 | 20.00 |
| Net Worth | 932.44 | 169.56 | 48.36 |
| Total Borrowing | 122.13 | 428.24 | 328.93 |
| Total Assets | 1,218.60 | 736.81 | 486.23 |
| NAV per share (in Rs.) | 21.39 | 4.24 | 1.21 |
| EPS - Basic (in Rs.) | 5.51 | 3.00 | 0.42 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 52.57% |
| PAT | 41.46% |
| ROE | 24.39% |
| ROCE | 27.22% |
| Debt to Equity | 0.13 |
| PE Ratio | 27.22 |
| PB Ratio | 7.01 |
| Mkt Cap (in Crs.) | 7,330.65 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Sri Lotus Developers IPO Peer Comparision
| Particulars | Sri Lotus Developers | Arkade Developers | Keystone Realtors | Suraj Estate | Sunteck Realty | Mahindra Lifespaces | Hubtown |
|---|---|---|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 549.68 | 683.10 | 2,004.10 | 549.09 | 853.13 | 372.27 | 408.47 |
| PAT (In Crs.) | 227.89 | 156.93 | 188.13 | 100.15 | 150.32 | 61.36 | 45.91 |
| EPS - Basic | 5.51 | 9.25 | 13.85 | 21.80 | 10.26 | 3.95 | 4.39 |
| NAV per share | 21.39 | 47.60 | 219.95 | 195.08 | 222.54 | 122.26 | 177.60 |
| RONW | 24.39% | 17.76% | 6.20% | 11.10% | 4.61% | 3.23% | 1.93% |
| EBITDA | 52.57% | 30.17% | 10.74% | 36.91% | 21.78% | -45.63% | 28.45% |
| PAT Margin | 41.46% | 22.97% | 9.39% | 18.24% | 17.62% | 16.48% | 11.24% |
| Price to earning (PE) | 27.22 | 22.03 | 48.18 | 14.91 | 43.26 | 91.43 | 68.20 |
| Debt to Equity | 0.13 | 0.13 | 0.33 | 0.51 | 0.12 | 0.76 | 0.33 |
- All information pertains to FY 2024-25.
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 10, 2025 for Peers
Sri Lotus Developers IPO Peer Comparision
| Particulars | Sri Lotus Developers |
|---|---|
| Revenue from Ops (in Crs.) | 549.68 |
| PAT (In Crs.) | 227.89 |
| EPS - Basic | 5.51 |
| NAV per share | 21.39 |
| RONW | 24.39% |
| EBITDA | 52.57% |
| PAT Margin | 41.46% |
| Price to earning (PE) | 27.22 |
| Debt to Equity | 0.13 |
| Arkade Developers | Keystone Realtors | Suraj Estate | Sunteck Realty | Mahindra Lifespaces | Hubtown |
|---|---|---|---|---|---|
| 683.10 | 2,004.10 | 549.09 | 853.13 | 372.27 | 408.47 |
| 156.93 | 188.13 | 100.15 | 150.32 | 61.36 | 45.91 |
| 9.25 | 13.85 | 21.80 | 10.26 | 3.95 | 4.39 |
| 47.60 | 219.95 | 195.08 | 222.54 | 122.26 | 177.60 |
| 17.76% | 6.20% | 11.10% | 4.61% | 3.23% | 1.93% |
| 30.17% | 10.74% | 36.91% | 21.78% | -45.63% | 28.45% |
| 22.97% | 9.39% | 18.24% | 17.62% | 16.48% | 11.24% |
| 22.03 | 48.18 | 14.91 | 43.26 | 91.43 | 68.20 |
| 0.13 | 0.33 | 0.51 | 0.12 | 0.76 | 0.33 |
- All information pertains to FY 2024-25.
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 10, 2025 for Peers
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)
Motilal Oswal Investment
Visit Website
Monarch Networth Capital
Visit WebsiteRTAs
KFin Technologies
Visit WebsiteFrequently 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 ₹140 - ₹150 per share. The issue opens on 30 Jul 25 and closes on 01 Aug 25.
Sri Lotus Developers IPO opens on 30 Jul 25 and closes on 01 Aug 25.
The estimated Grey Market Premium of Sri Lotus Developers IPO is ₹33 per share (22.00%).
The minimum lot size of Sri Lotus Developers IPO is 100 shares & the minimum application amount is Rs. 15000.
The allotment date of Sri Lotus Developers IPO is 04 Aug 25.
The listing date of Sri Lotus Developers IPO is 06 Aug 25.
Sri Lotus Developers IPO is subscribed 69.14 times.
Sri Lotus Developers IPO is priced at ₹140 - ₹150 per share.
Click the allotment link on Sri Lotus Developers IPO page of IPO360.
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Sri Lotus Developers IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
We are a one-stop destination for all your IPO needs. Get reliable, accurate, and timely information for all the IPOs in India!