Sri Lotus Developers IPO Closes Today: Can This ₹792 Crore Real Estate Listing Be 2025’s Luxury Star?

Today is the last day of the IPO, Sri Lotus Developers and Realty Limited, a renowned name in luxury and ultra-luxury development projects. The IPO was opened for subscription on July 30 and has made a mark by 67.28 times subscribers by today. The book-built issue opened on July 30 and has generated notable investor interest amid a booming luxury real estate backdrop.

IPO Details at a Glance

• IPO Opening Date: July 30, 2025
• IPO Closing Date: August 01, 2025
• Issue Type: Book Built Issue
• Total Issue Size: ₹7,920 million
• Fresh Issue: ₹7,920 million
• Price Band: ₹140 – ₹150 per share
• Lot Size: 100 shares
• Minimum Investment (Retail): ₹14,000
• Listing At: NSE and BSE
• Registrar: KFin Technologies Limited
• Lead Managers: Monarch Networth Capital and Motilal Oswal Investment Advisors
• Registrar: KFin Technologies Limited
• Tentative Allotment: August 4;
• Listing: August 6 on NSE and BSE 

Subscription Status: Day 3

On the third day of bidding, the IPO drew overall subscriptions of around 67.28x, with notable demand across all investor categories. QIBs subscribed 159.83×, non-institutional investors 57.21×, and retail individual investors 19.11x.

Consolidated Bid Details

• Total Subscription: 67.28x
• Retail Individual Investors (RIIs): 19.11x
• Retail Investors (Employees): 18.41x
• Non-Institutional Investors: 57.21x
• Qualified Institutional Buyers (QIBs): 159.83x

(Data: Aug 01, 2025 | 15:51)

Company & Financial Profile

The company is headquartered in Mumbai and was founded in 2015, Sri Lotus Developers focuses on luxury and ultra-luxury redevelopment projects in western suburbs. As of FY25, the company reported revenue of ₹569 crore and PAT ₹228 crore.

Why Investors Are Watching

• Positioned in Mumbai’s ultra-luxury real estate segment with strong pedigree and celebrity backing.
• High subscription levels and GMP suggest strong listing-day interest.
• Financials show robust profitability and cash flows ahead of planned project expansions.
• Premium pricing may appeal to institutional and retail segments targeting listing gains.

(Disclaimer: This article is informational and not financial advice. Investors should review the prospectus and consult a registered financial advisor before making investment decisions.)

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