Sri Lotus Developers IPO Allotment Status

Sri Lotus Developers and Realty Limited is a developer of residential and commercial properties located in Mumbai, Maharashtra, incorporated in February 2015 and specializing in redevelopment projects within the ultra-luxury and luxury segments of the western suburbs. The company possesses a developable area of 0.93 million square feet as of June 30, 2025, encompassing residential and commercial properties with developmental focus primarily directed towards ultra-luxury and luxury residential properties along with commercial properties. The company constructs and develops 2BHK and 3BHK flats priced within the range of ₹3 crores to ₹7 crores under the Luxury Residential Segment, and 3BHK, 4BHK, and penthouses exceeding four bedrooms priced above ₹7 crores under the Ultra-Luxury Residential Segment, along with commercial office spaces, having four completed projects, five ongoing projects, and eleven upcoming projects as of June 30, 2025.

The Sri Lotus Developers IPO came with a total issue size of ₹792.00 crore, comprising entirely a fresh issue of 5.28 crore shares. The IPO opened on July 30, 2025, and closed on August 1, 2025. The allotment for the Sri Lotus Developers IPO is expected to be finalized on Monday, August 4, 2025. The Sri Lotus Developers share price band was set at ₹150 per share.

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Steps to Check Sri Lotus Developers IPO Allotment Status on Registrar Site

• Visit the Kfin Technologies Limited website
• Select "Sri Lotus Developers" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Sri Lotus Developers IPO Allotment Status on BSE

• Navigate to the BSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Sri Lotus Developers" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Sri Lotus Developers IPO Subscription Status

Sri Lotus Developers IPO received exceptional investor interest, being subscribed 74.10 times overall. The subscription showed tremendous confidence across all categories in the Sri Lotus Developers stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:37 PM on August 1, 2025:

• Retail Category: 21.77 times.
• Non-Institutional Investors (NII): 61.82 times.
• QIB Category: 175.61 times.
• bNII (bids above ₹10L): 59.13 times.
• sNII (bids below ₹10L): 67.22 times.
• Employee Category: 21.37 times.

Sri Lotus Developers Share Price and Investment Details

The Sri Lotus Developers stock price band was set at ₹150 per share with a minimum lot size of 100 shares. The minimum investment required for retail investors was ₹15,000 for 1 lot (100 shares), while sNII investors needed to invest a minimum of ₹2,10,000 for 14 lots (1,400 shares) and bNII investors needed ₹10,05,000 for 67 lots (6,700 shares).

The issue included a reservation of up to 1,47,059 shares for employees offered at a discount of ₹14.00 to the issue price and up to 1,57,99,999 shares allocated to anchor investors raising ₹237.00 crore. Given the exceptional subscription response of 74.10 times overall, with retail category being significantly oversubscribed at 21.77 times, QIB showing outstanding response at 175.61 times, NII demonstrating strong response at 61.82 times, and employee category being well-subscribed at 21.37 times, the Sri Lotus Developers share price is expected to list with substantial to significant premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Investment in the Subsidiaries for part-funding development and construction cost of their Ongoing Projects: ₹550.00 crore.
• General corporate purposes: Remaining amount.

Business Overview

The company operates in the real estate development sector having been in this business since February 2015, serving as a developer of residential and commercial properties with focus on redevelopment projects within the ultra-luxury and luxury segments of Mumbai's western suburbs. Sri Lotus Developers operates primarily in the real estate industry, providing ultra-luxury and luxury residential properties through construction and development of 2BHK and 3BHK flats priced within ₹3 crores to ₹7 crores range, along with 3BHK, 4BHK, and penthouses exceeding four bedrooms priced above ₹7 crores, and commercial office spaces through strategically positioned developments in Mumbai's western suburbs.

The company focuses on delivering end-to-end capabilities with timely completion of projects through asset-light model for development of projects using development agreements, having established strong brand recognition with ability to sell at premium pricing throughout the construction phase, and strategic positioning with experienced promoters and management team maintaining high level of cash flow generated from operating activities while serving ultra-luxury and luxury residential real estate markets with strong project pipeline and customer-focused approach.